New Form on Web Site

It’s inevitable for any financial professional who works with elderly clients; eventually, a client will pass away. Understanding your responsibilities as a financial professional and having a plan in place beforehand will help you get through a difficult and emotional time and ensure your client’s final wishes are carried out and assets are distributed properly.

First and foremost, it is important to understand that upon learning of your client’s death (1) you may no longer place trades in client accounts, and (2) all fee billing for advisory accounts must be discontinued.

To help facilitate a smooth process in this difficult time, please use the Notification of Client Death located under “Other” in the Forms tab.