Account Features (For Brokerage Accounts)

This section is only required for brokerage accounts.
Account features are optional and can be added to National Financial brokerage accounts.
If an item is checked, the corresponding paperwork will be added to the LaserApp bundle.
Below is a list of the various features.

TIPS

Checking the box next to an item ensures that the proper form for that feature is added to the bundle.
While working in the account wizard, you can click on the online help icon next to a topic to view the more information about that account feature.

Types of Account Features

AI Addendum - This form is required when making an initial purchase of an Alternative Investment or transferring an Alternative
Investment into a brokerage account. Unlike other AI forms this only needs to be completed once per account.
Brokerage Account Earnings Distribution - To request distributions of dividends, interest and/or capital gains from your non-retirement brokerage account or to change an existing earnings distribution plan.
Check/Wire Request - To request a third party check or wire funds from your non-retirement brokerage account.
Check Writing For Non-Retirement Accounts - use the Brokerage Portfolio/Access form to establish check writing and/or to obtain bank routing and checking account number for direct deposit. This form will also establish margin for a checking account if not declined on application.
Check Writing for IRA (must be over 59 ½) - For retirement accounts used to establish check writing and/or to obtain bank routing and checking account number for direct deposit. This form will also establish margin for a checking account if not declined on application.
IRA Contribution via EFT - Use the Premiere Select IRA Contribution by Electronic Funds Transfer (EFT) form to make retirement contributions electronically by transferring money from your bank account to your Traditional IRA or Roth IRA as a current year contribution.
IRA Transfer for Spouse Bene - Use the Premiere Select IRA Transfer Request Form For Spouse Beneficiary form to request a transfer of a spouse's inherited Premiere Select Traditional IRA, Roth IRA, Rollover IRA, SEP-IRA, or SIMPLE IRA to the remaining spouses Premiere Select IRA.
IRA Periodic Distribution - Premiere Select IRA Periodic Distribution Request Form is used to establish, change, or delete a systematic (occurring more than one month per year) distribution plan for a Premiere Select IRA account. This form will work to send out alternative investment dividends from a retirement brokerage account.
IRA Earnings Distribution - Premiere Select IRA Earnings Distribution Request Form is used to establish, change, or delete a distribution plan to send out dividends and interest periodically from a Premiere Select IRA account. This form will not work to send out alternative investment dividends.
MF Systematic Withdrawal - Mutual Fund Systematic Withdrawal Plan Request Form is used to change or establish a periodic plan to send funds from the mutual funds or core money market held within a non-retirement brokerage account. This form can also be used to send out alternative investment dividends held within a non-retirement brokerage account.
Journals
LOA - Letter of Authorization. There is not a form but is used when a form is not applicable for what the client is wanting to accomplish in his/her account. This gives you the ability to upload a "free-form" letter/authorization.
Margin - Margin Account Privileges Supplemental Application for NFS - for margin trading on a new or existing account.
MF Systematic Withdrawal - Mutual Fund Systematic Withdrawal Plan Request Form is used to change or establish a periodic plan to send funds from the mutual funds or core money market held within a non-retiremetn brokerage account. This form can also be used to send out alternative investment dividends held within a non-retirement brokerage account.
MyStreetScape (View) - MyStreetscape is National Financial’s online account access service for clients. If your clients would like to have online access to their accounts at NFS, you will need to have them complete the MyStreetscape user agreement. When you submit a completed agreement through the Account Wizard, a ticket in the Service Center is automatically generated for the tech help desk. All MyStreetscape IDs & passwords are setup by the Technology Help Desk. The username and password for your client’s access will be given to you via the Service Center ticket.
MyStreetscape (Trading) - MyStreetscape is National Financial’s online account trading service for clients. If your clients would like to have trading access to their accounts at NFS, you will need to have them complete the MyStreetscape user & trading agreement and you will need to complete a commission setup form. When you submit a completed agreement through the Account Wizard, a ticket in the Service Center is automatically generated for the tech help desk. All MyStreetscape IDs & passwords are setup by the Technology Help Desk. The username and password for your client’s access will be given to you via the Service Center ticket.
One Time Distribution - Premiere Select IRA One-Time Distribution Request Form is used to request a one time distribution from your retirement brokerage account.
PIP - Periodic Investment Plans can only be set up on mutual fund positions already established in the brokerage account and are subject to prospectus minimums. Use the Premiere Select IRA Contribution by Electronic Funds Transfer (EFT) form previously mentioned for retirement brokerage accounts, and the Mutual Fund Periodic Investment Plan Request Form for non-retirement brokerage accounts to set up a PIP.
Penny Stocks - Penny Stock/Low-Prices Security Purchase Form - This needs to be completed prior to any trades being placed that qualify under these parameters.
POA - Durable Power of Attorney Affidavit and Indemnification. You will need this form in addition to the legal POA from the client/attorney. This cannot be used on a trust account.
Recharacterization Request - Premiere Select IRA Recharacterization Request is used to request a recharacterization of all or any portion of the contributions made to a Premiere Select IRA or qualified rollover contribution to a Roth IRA or IRA Beneficiary Distribution Account (IRA-BDA). This form cannot be used for conversions or reconversions.
Roth IRA Conversion - Use the Premiere Select Roth IRA Conversion Form to request a conversion of all or any part of your Premiere Select Traditional IRA, Rollover IRA, SEP-IRA, or SIMPLE IRA to a Premiere Select Roth IRA held with the same Broker/Dealer.
Standing Distribution - Use the Premiere Select IRA Standing Distribution Authorization Form will permit National Financial Services to disburse assets from your retirement brokerage accounts without written consent from the client.
Standing Payment - Retirement - The Premiere Select Standing Payment Instructions Form can be used for retirement brokerage accounts to electronically transfer funds between the brokerage account and the client’s bank account. This form is also used to electronically add, change, or delete standing bank wire and journal instructions. To initially establish this connection it can take up to 10 business days.
Standing Payment – Non-Retirement - The Premiere Select Standing Payment Instructions Form (non-retirement) can be used for both non-retirement brokerage accounts to electronically transfer funds between the brokerage account and the client’s bank account. This form is also used to electronically add, change, or delete standing bank wire and journal instructions. To initially establish this connection it can take up to 10 business days.