forms and paperwork guide · 2020. 10. 6. · pcra accounts at schwab schwab personal choice...
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Discretionary Investment Management Agreement (“DIMA”)• Your customized DIMA can be found in your “non-customer contact” document vault.
• A DIMA needs to be completed and signed for each household in order to set up billing and households.
• Add the DIMA to the client document vault.
• Email [email protected] with client name to complete the set up.
Risk Tolerance and Investment Objective Questionnaire (“RIQ”)• An RIQ must be on file for each HH. RIQ’s should be reviewed annually at minimum.
• The RIQ can be found on the Resource Center or within Investment Proposals.
• A new RIQ is only needed if there are updates.
Investment Proposal• Generate proposal on the ChangePath platform.
• Upload signed proposal to invest funds into proposed model(s). Through the upload process, the signed proposal will be placed in the client document vault automatically.
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ChangePathRequired forms that must be saved in client document vault
Custodial Paperwork• See following pages for more information about custodial paperwork.
Forms and Paperwork Guide
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Forms and Paperwork Guide
Custodian (Schwab)All forms submitted to custodian must be saved in client document vault
Registration Type Schwab Required Paperwork
Schwab Optional Paperwork
Schwab Supporting Documents to Include
Individual
Joint Accounts
Estate
Custodial (UGMA/UTMA)
Account Application
Transfer of Account Form
Designated Beneficiary Plan Agreement (TOD)
MoneyLink (ACH)
Statement Bundling Letter of Authorization
Trade Confirmation Report Subscription
Statement of account transferring (Dated within 90 days)
Voided Check
Letters Testamentary (estate)
Personal TrustTrust Account Application
Transfer of Account Form
MoneyLink (ACH)
Trust Signature Card
Statement Bundling Letter of Authorization
Trade Confirmation Report Subscription
Statement of account transferring (Dated within 90 days)
Voided Check
Trust Documents (title page and signature pages/TCIP)
IRA
Rollover
Roth
SIMPLE
SEP
IRA Account Application
Transfer of Account Form
SEP Adoption Agreement Form
SEP Employers Agreement with Schwab Form
MoneyLink (ACH)
IRA Distribution Form
Statement Bundling Letter of Authorization
Trade Confirmation Report Subscription
Statement of account transferring (Dated within 90 days)
Voided Check
Inherited IRA, Inherited Roth
Inherited IRA Account Application
Transfer of Account Form
MoneyLink (ACH)
IRA Distribution Form
Statement Bundling Letter of Authorization
Trade Confirmation Report Subscription
Decedent Name, SSN, DOB DOD, Acct#
Statement of account transferring (Dated within 90 days)
Voided Check
CorporationsAccount Application for
Incorporated Organizations
Transfer of Account Form
Checkwriting and Visa Debit Card Application for
Organization Accounts
MoneyLink (ACH)
Trade Confirmation Report Subscription
Statement of account transferring (Dated within 90 days)
Voided Check
Two signatures of corporate offices required Corporate Resolution
NAICS code (www.census.gov/eos/www/naics/)
Sole Proprietorship
Limited Liability Company
Unincorporated Association
Account Application for Non-Incorporated Organizations
Transfer of Account Form
Checkwriting and Visa Debit Card Application for Organization
Accounts
MoneyLink (ACH)
Trade Confirmation Report Subscription
Statement Bundling Letter of Authorization
Statement of account transferring (Dated within 90 days)
Voided Check
Non-Incorporated Resolution
NAICS code (www.census.gov/eos/www/naics/)
Accounts already at Custodian
Limited Power of Attorney (LPOA) for IA n/a n/a
PCRA Accounts at Schwab
Schwab Personal Choice Retirement Account Limited Power
of Attorney Form (PCRA LPOA)n/a n/a
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Forms and Paperwork Guide
Custodian (TD Ameritrade)All forms submitted to custodian must be saved in client document vault
Registration Type TD Ameritrade Required Paperwork
TD Ameritrade Optional Paperwork
TD Ameritrade Supporting Documents to Include
Individual
Joint Accounts
Estate
Custodial (UGMA/UTMA)
Standard Account Application
Account Transfer Form
Transfer on Death (Non-Probate)
Move Money Advisor Authorization
Authorization to Household Statements
Checking/Debit Card Application
Statement of account transferring (Dated within 90 days)
Voided Check
Copy of decedent’s death cert (estate)
Letter of Testamentary (estate)
Personal TrustPersonal Trust Account Application
Account Transfer Form
Move Money Advisor Authorization
Authorization to Household Statements
Checking/Debit Card Application
Statement of account transferring (Dated within 90 days)
Voided Check
Trust Documents (title page and signature pages/TCIP)
IRA
Rollover
Roth
SIMPLE
SEP
IRA Account Application
Account Transfer Form
Move Money Advisor Authorization
IRA Distribution/Withholding Form
Statement of account transferring (Dated within 90 days)
Voided Check
Inherited IRA, Inherited Roth
Beneficiary IRA Account Application
Account Transfer Form
Move Money Advisor Authorization
IRA Distribution/Withholding Form
Decedent’s Name, DOB, DOD, Acct#, Relationship to Decedent
Statement of account transferring (Dated within 90 days)
Voided Check
CorporationsBusiness Account Application
Account Transfer FormMove Money Advisor Authorization
Statement of account transferring (Dated within 90 days)
Voided Check
Corporate Resolution/Articles of Organization
Sole Proprietorship
Limited Liability Company
Unincorporated Association
Business Account Application
Account Transfer FormMove Money Advisor Authorization
Statement of account transferring (Dated within 90 days)
Voided Check
Non-Incorporated Resolution/Articles of Organization
Accounts already at Custodian
Advisor Authorizations (Limited Power of Attorney) n/a n/a
Common Account Funding MethodsNon-Qualified• Personal Check
• ACH (Schwab MoneyLink/ TDA MoveMoney)
• Transfer of Account Form (Include current statement)
Qualified• IRA Contribution – Check or ACH from Client
• Direct Rollover (Plan administrator issues check made payable to custodian)
• Transfer of Account Form(Trustee to trustee transfers – Include current statement)
• 60-Day IRA Rollover (Schwab IRA Rollover Designation Form/TDA IRA Deposit Slip)
• Roth Conversion (IRA to Roth IRA)
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Forms and Paperwork Guide
Advisory services offered through ChangePath, LLC a Registered Investment Adviser.
[email protected] • F 913.661.118311460 Tomahawk Creek Pkwy, Suite 200 • Leawood, KS 66211
www.changepath.com • T 888.798.2360
Money Movement FormsSchwab
• MoneyLink – Establishes standing authorization to request checks, internal transfers, and/or ACH distributions. For outbound IRA distributions, an IRA Distribution Form is also required.
• IRA Distribution Form – Requests for distributions and withholding from an IRA.
TDA
• Move Money Advisor Authorization (includes IRA’s) – establishes a standing authorization to request checks, internal transfers, and/or ACH distributions.
• IRA Distribution/Withholding Form – Requests for distributions or withholding from IRA’s. This does not provide standing authorization to make changes. This form should be used if setting up automatic RMD distribution instructions.
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Forms and Paperwork Guide