Monthly Archives: March 2014

Unleash your life sales potential with a 30 minute TFS Exclusive Webinar

NAHbase_NAlifelogoJoin us for  TFS Exclusive Webinar on the Thursday April 3rd, at 4pm for an in depth review of the POWERFUL Accelerated Death Benefit Riders available on all North American permanent products.  See how your colleagues and competitors alike are increasing their life insurance production with this free set of riders that turn your plain old Life Insurance policy from a death benefit only vehicle into a VERY powerful financial tool offering death benefit and living needs benefits that can help your clients for terminal, critical, or chronic illness costs.

Space is limited so register now to secure your spot by clicking this hyperlink.

Important: After clicking on the above link, click on the register button to pre-register for this event and you will receive a personalized invite / reminder with additional information for this event,

Event Password: Webinar1 (case sensitive)
Teleconference Information: 877-953-3717, passcode:674000#

Access home equity to help complete your client’s retirement plan.

 ReverseMortgageWidmer_001TFS Advisory Services 3C

               Now’s the time to make the INVESTMENT and become your Clients               newspapers

 “Trusted Mortgage Advisor”
Let me show you how!

For More Information Contact: Richard Widmer Vice President- New Business Development NMLS#861176 Cell (908) 705-1498 Office (732) 758-300 ext. 116

Division of Tomorrow’s Financial Services, Inc. Correspondent Residential Mortgage Lender, New Jersey Department of Banking & Insurance Registered Mortgage Broker:  NYS Banking Department and Florida Office of Financial Regulation NMLS ID 51460 · Visit us on the web at www.tfsweb.com 437 Newman Springs Road, Lincroft, NJ  07738(732) 758-9300 FAX (732) 758-9418

Pershing: NetXInvestor Update Effective 04/24/2014

As previously communicated, Pershing is in the process of changing NetXView to NetXInvestor.

Beginning on April 24th, 2014, clients will be redirected to NetXInvestor when they log in to NetXView. Please remind your clients to save the new internet address, www.netxinvestor.com, to their favorites for future use.

If your clients are not currently enrolled in e-delivery, please encourage them to sign up today!

 

Tomorrow's Financial Services, Inc.

Firms Responsibilities When Providing Customers with Consolidated Financial Reports

FINRA Reminds Firms of Responsibilities When Providing Customers with Consolidated Financial Account Reports

Executive Summary

The practice of providing customers with consolidated financial account reporting has become increasingly common in the financial services industry. In many cases, these reports offer a single document that combines information regarding most or all of the customer’s financial holdings, regardless of where those assets are held. Firms are reminded that these reports represent communications with the public by the firm; the dissemination of these reports must comply with all applicable FINRA rules as well as the federal securities laws.

As investor demand for this service has grown and as increasingly sophisticated software and data service providers have become available, firms have developed differing practices for generating these communications. If not rigorously supervised, this activity can raise a number of regulatory concerns, including the potential for communicating inaccurate, confusing or misleading information to customers, lapses in supervisory controls, and the use of these reports for fraudulent or unethical purposes.

This Notice reminds firms of their responsibilities to ensure that they comply with all applicable rules when engaging in this activity, and highlights a number of sound practices. Firms are strongly encouraged to review the overall adequacy and effectiveness of their current policies and procedures relating to their consolidated reporting. Any firm that cannot properly supervise the dissemination of consolidated reports by its registered representatives must prohibit the dissemination of those reports and take the necessary steps to ensure that its registered representatives comply with this prohibition.

General questions about this Notice should be directed to:

  • Steve Kasprzak, Associate Director & Principal Counsel, Sales Practice Policy, Member Regulation, at (646) 315-8603; or
  • Bill Hayden, Emerging Regulatory Issues, at (202) 728-8860.

For questions about communications with the public, contact Amy Sochard, Advertising Regulation, at (240) 386-4508.

http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p121253.pdf

Pershing 2013 Tax Season Overview

Pershing has created detailed communications which provide information relative to the 2013 Tax Season.

To access Pershing’s 2013 Tax Season Overview, please log on to NetX360 and go to Resources, Communications and in the Search box type 2013 Tax Season Overview and click go.

Next, click on the first item that appears to view the communications. Within this document you will find links to notices that include information on 1099 Mail Dates, Various Tax Reporting Tools, Sample Tax Statements and the 2013 Tax Handbook.

Please take advantage of this valuable information today!