As we begin a new month, the Regal Investment Advisors / Regulus Advisors Service team has gathered a new set of useful tips. These tips cover areas that we feel answer commonly asked questions or can help advisors and/or assistants.
Check Contribution Reminder
One important thing to remember when submitting checks to Regal’s back office is to ensure the account is opened before the checks are mailed. If a work item to open an account is NIGO’d (Not in good order) and the check arrives before the NIGO is corrected, Regal is allowed to hold the check for 48 hours before it will be mailed back to the advisor for regulatory reasons. Also, please remember to include the account number on the check contribution form to ensure the check is being deposited into the correct account.
AdvisorClient.com Has New Features for TD Ameritrade Clients!
TD Ameritrade has made new improvements to their client formatted site AdvisorClient.com that make the experience for the client simpler and more user friendly.
A few notable features are:
- Clients 70 ½ years old can now easily see how much money they have left to take out for their Required Minimum Distributions
- Maximum contribution limits are displayed on the front page showing the client how much money they can deposit for the year
- Clients with multiple accounts have a simplified breakdown for each account on their homepage
- “snapshots” of each account provide clients with the essential information in a simplified format
For information on helping your client setup for AdvisorClient.com, please contact the client services team at 800-357-4757 or email@example.com.