The Account Wizard has a dynamic side menu navigation. The sections displayed on the side menu are updated based on your selections on the Account Information screen.
There are two ways to navigate between the pages of the account wizard. You can either click on any side menu item to go directly to that page or use the Next and Previous buttons to navigate between the sections of the wizard.
- Account Information: The Account Information screen is the first screen that you view upon launching the account wizard. Properly identifying the type of business on this page ensures that the correct side menu items are displayed for you. TIP: If you are missing a section on the menu, check your selections in this section again.
- Primary Account Holder: displays only when the selected registration type is a personal account. The information from this section populates Section C, G and H on the Client Account Form (CAF).
- Entity Account Holder: displays only when the selected registration type is an entity account. The information from this section populates Section D on the CAF.
- Beneficiaries: displays for any registration type that require beneficiaries (primarily IRAs). This information is not used to populate any section of the CAF. However, it is passed over to LaserApp and it can be inserted into NFS and product company forms.
- Additional Account Holder: you may have multiple additional account holders depending on the account you are working with. The first additional account holder will populate Section F, G and H on the Client Account Form. If you have more than one Additional Account Holder, subsequent Additional Account Holders will be added as linked pages to the side menu. They will display as Additional Account Holder 2, Additional Account Holder 3, etc. An additional account holder signature form will be added to the CAF bundle for every additional account holder starting with Additional Account Holder #2.
- Affiliation: This section collects the affiliation information for the account and is used to populate section G of the Client Account Form. Affiliation information for individual account owners is collected on the primary and additional account holder screens.
- Financial Information: Financial information for all account holders is collected in this section. The information is used to populate section I of the CAF.
- Investment Profile: This section collects the risk tolerance and investment objectives for the account. The information is used to populate section J of the CAF.
- Investment Product Knowledge: This section collects the combined investment product knowledge of all the account owners for personal accounts or the combined knowledge of all authorized individuals for entity accounts. The information is used to populate section K of the CAF.
- Standing Instructions: This section is only required for brokerage accounts held at National Financial. The information entered here populates Section L of the Client Account Form.
- Account Features: This section is only applicable for brokerage accounts held at National Financial. Checking items in this section will add the required paperwork for the feature to the LaserApp forms bundle and route the request to the proper area of the operations team for processing. This information is not used to populate any section of the CAF. Descriptions of each features is available in the Account Features section of this guide.
- Transaction Info: The transaction section is used to collect all the transaction information for the submission. That information is then used to automatically populate the transaction blotter. This information is not used to populate any section of the CAF. The product sponsor field links up to the product company’s forms library in LaserApp and presents you with a list of available forms for the product company. If checked, these forms will be added to the paperwork bundle. Multiple products can be added here for quick and easy population of all the account’s paperwork. This information is not used to populate any section of the CAF.
- Check & Certificates: If the submission has a check or certificate as its source of funds, this section collects the check or certificate details. Multiple checks or certs can be entered here. All info from this section is used to populate the check and certificate blotter required for compliance. This information is not used to populate any section of the CAF. This screen will display if you check the below box on the Account Information page.
- Paperwork: The Paperwork page is the place where you can generate the CAF and the LaserApp paperwork bundles. They will be populated with the information that you entered in the above sections. The paperwork page also presents you with a spot to upload and submit images of all the account paperwork.
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