Enrollment
These are the four retail account types that are currently eligible to be enrolled in PA
What are:
Individual
Joint WROS
IRAs (Trad/Rollover, Roth, Inherited, Single Participant SEPs)
Revocable Trust
This is the net fee for an Active/Index portfolio in Personal Advisor.
What is approximately 0.26% to 0.36% of the AUM?
The purpose of this document is to articulate foundational principles and methodology for providing advice to retail clients.
What is the DAP Portfolio Construction or Financial Planning Handbook?
Will also accept DAP Methodology Handbook
Portfolios in Personal Advisor are reviewed this often.
What is daily?
Vanguard was founded on this date.
What is May 1, 1975?
This type of client will not have security questions established
What is a pure prospect?
You use this tab to prep for appointments and to update/attest client information already there once an appointment is complete.
What is the SCAP tab?
This is the sub-asset mix between domestic and international stocks and bonds.
What is:
Stocks: 60% Domestic/40% International
Bonds: 70% Domestic/30% International
This system updates outside accounts
What is Yodlee?
After calling 14PAS, you use these prompts when you have a client on the line who is enrolled in Personal Advisor.
What is 2, 2?
These non-retirement accounts are not currently eligible to be enrolled in Personal Advisor. (4 types will get you points)
What are irrevocable trusts, 529s, UTMA/UGMA, conservatorship accounts, and Unsupported Joint Accounts?
This tool helps clients (and advisors) figure out how to make an underfunded/moderately funded goal, well-funded.
What is the Goal Optimizer Tool?
This is the act of choosing to hold tax-efficient investments in taxable accounts and tax-inefficient investments in tax-advantaged accounts.
What is asset location?
Your Grandma, a PA client, will be turning 65 next year and wants to know which Medicare plan is best for her, so you show her this feature.
What is the Medicare Match Tool?
Nicki Minaj wants you to give her specific advice about what type of life insurance she should buy during your IC and is leaning towards not enrolling in PA. This is an example of this type of concern.
What is a drawback concern?
This system will sell out of some ineligible holdings during the enrollment process.
What is Smart Sell Down?
Submit this if Vanguard made an error when investing client's funds.
What is a reimbursement/CMS case?
Once your cash gets above this threshold, we will go ahead and invest it.
What is $300/6% of the portfolio?
Harrison Ford, a PA client, is retired and schedules an appointment with you to see how much money he can spend while keeping his well-funded plan status. This is where you take him.
What is the "Personal Spending Strategy" section?
Vanguard launched Personal Advisor Services in this month and year.
What is May of 2015?
Gloria James, the mother of LeBron James, becomes incapacitated while enrolled on DAP. LeBron is the ACIP on file and wants his mother to stay enrolled in the service. This is the SW you should follow.
What is the Client Becomes Incapacitated SW?
This is what offsets the gross fee in Personal Advisor to get the net fee.
What is revenue that Vanguard receives from the funds? Please note: This is NOT the same as the expense ratio.
If a client's taxable income tax bracket is this amount or higher, we will put them in tax-exempt bonds.
What is 32%?
The recommended harvest amount needed to meet the Auto-TLH threshold
What is > $500?
This is the new expense ratio for VXUS.
What is 0.05%?