Accounts should show the Title: Eg. John Paul and Sue Johns Joint TOD
Accounts should show the Title: Eg. John Paul and Sue Johns Joint TOD so that each account that pulls from your feed wether its DST Vision or Albridge Solutions etc that it will show who the owner is and how it is titled, along with another with this all showing on the Reports. Right now we pull up RT or a Report of accounts and there is no ownership designation so could be an IRA or NQ or Joint we wouldn't know... Please have this viewable in RT and on the reports.
Anonymous
shared this idea
The suggestion may be planned, but there is no timeline on this feature being added. This suggestion is remaining open and can continue to gather votes and comments!
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Charles
commented
As to the Account Type, there is a section in the accounts page you can pull up if you edit the account.
If you click on the Account Number, it brings up a new heading and allows you to change the account type on the right, check off if it is a discretionary, or managed, or Tax qualified Account, which will then appear in a grey box as you pull up account listings.
You will then be able to search by account tax qualified types such as Beneficiary IRA, Traditional IRA, 401(K), etc.
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Charles
commented
I'm not sure if this is a way you'd like to have it done, but what I am doing is scrolling down in the account to the "Account Ownership" Section and documenting the type of account Registration in that field, so if, for example, it is a JTWROS-TOD account, I am putting in JTWROS-TOD in that section field, and listing the 2 joint owners in those fields. I then go in and list the TOD beneficiaries at the top with their respective TOD percentages.
It won't pull the data automatically, but I've found it does become helpful at a glance once you've taken the time to go through accounts and set them up.