Standing Instructions (For Brokerage Accounts)

This section only applies to brokerage accounts, and it is required.
If any of the standing instructions are left blank, the default instruction of “Hold” will be established on new accounts.
If the Client Account Form is completed to update an existing brokerage account, instructions will remain as is unless a change is indicated in Section L of the CAF.

QUESTION	OPTIONS
Proceeds from Sales	Hold in money market (if one is specified) or in a brokerage account (if no money market is specified, it will be in cash with no interest earned). Send by check to mailing address of account (remit proceeds). **Please note if this is chosen, all funds coming into an account will go right out, even checks. Delivery vs. Payment - no cash or positions held. Additional delivery instructions required. See Required Documents
Security Purchase Stocks/Certs Choose One	Hold in street name* Register certificates to account name and send to mailing address - additional fee applies. Delivery vs. Payment ( DVP) - provide delivery instructions
Dividend/Distribution Income Choose One. Does Not Apply to Alternative Products	Handle all dividend and distribution like sales proceeds*. This option will follow the choice made in previous section. Reinvest mutual fund and equity dividends; handle all other distributions like sales proceeds. Reinvest mutual funds; handle all other distributions like sales proceeds. Reinvest equity dividends; handle all other distributions like sales proceeds
Pay all distributions in cash and send a check:	Pay all distributions in cash and send a check ( Choose one): Weekly (every Friday) Twice a month ( Second and last Friday of the month) Monthly ( Last Friday of the month) Quarterly ( March, June, September and December - last Friday of the month)
Money Market	Default assigned if left blank ( default is FDAXX for non-retirement, FDRXX for retirement)

User Guides + Help Documentation

Standing Instructions (For Brokerage Accounts)

Analytics

Related content