Suitability

Suitability

Overview

Actions

Field Descriptions

Availability
  • Standard
  • Professional
  • Enterprise

Overview

Use the Suitability module to capture information about a client's suitability for various investment products and planning strategies.

Actions

Follow the instructions below to perform tasks such as creating, editing, and exporting Suitability records.

To…

Then…

Create a Suitability record

  1. Access the Suitability Create form using one of the following:
    • Click Compliance > Suitability > Create Suitability from the Navigation menu.
    • Click Create New on the Suitability List View.
  2. Complete the Suitability Create Form. See Field Descriptions for information about each field. Fields that have an asterisk (*) are required; you must enter data in the field to save the record.
  3. Click Save to save the record and view its detail page, or click Cancel .

Display a list of Suitability records

Click Compliance > Suitability > View Suitability.
The Suitability List View displays.

Display the details for a Suitability record

Click the name in the Suitability List View.
The Suitability Detail View displays.

Edit suitability information

  1. Access the Suitability Edit View by doing one of the following:
    • Click Edit in the Suitability Detail View.
    • Click the edit icon (pencil) associated with the record in the Suitability List View.
  2. Update the information. See Field Descriptions for information about each field.
  3. Click Save to update the record.

Suppress one or more Suitability records

  1. In the Suitability List View, click the Selection box associated with the record(s) you want to suppress.
  2. Click Suppress.
    A confirmation box displays.
  3. Click OK.
    The records are suppressed.

You can also suppress a single record by clicking Suppress on the Suitability Detail View.

Update information related to multiple Suitability records

  1. In the Suitability List View, click the Selection box associated with the records you want to update.
  2. Click Mass Update in the Actions dropdown.

For more information, see Editing and suppressing multiple records.

Duplicate Suitability information

Click Duplicate in the Suitability Detail View. Duplication is a convenient way of creating a similar Suitability record. You can change and save the information in the duplicate record to create a new record.

Find and merge duplicate records

Follow the instructions in Merging duplicate records.

Export records

  1. In the Suitability List View, click the Selection box associated with the records you want to export.
  2. Click Export in the dropdown and follow the instructions in Exporting data.

Field Descriptions

Fields that have an asterisk (*) are required; you must enter data in the field to save the Contact record.

Client

Click the Client associated with this Suitability record on the Clients Popup List View (displays upon clicking the Selection arrow) or the list of Clients matching the character(s) you enter.

Assigned to

By default, the record is assigned to the creator of the Suitability record. To change the assignment, click the user on the Users Popup List View (displays upon clicking the Selection arrow) or the list of users matching the character(s) you enter.

Contact

Click the Contact associated with this Suitability record on the Contacts Popup List View (displays upon clicking the Selection arrow) or the list of Contacts matching the character(s) you enter.

Suitability Date

Click on the Date Selector the date on which the suitability analysis was conducted.

Description

Enter additional details about the Suitability.

Teams*

By default, your private team is assigned as the primary team. To change the primary team assignment, click the team on the Teams Popup List View (displays upon clicking the Selection arrow) or the list of teams matching the character(s) you enter.

To assign additional teams to the Business Insurance record click add (+) and click the team as described above. For more information on assigning teams, see Assigning Users and Teams to Records.

This is a mandatory field; you must assign a Team.

Assets section

Net Worth

Click a range that describes the client's net worth.

Annual Income

Click a range that describes the client's annual income.

Liquid Net Worth

Click a range that describes the client's liquid net worth.

Source of Assets

Describe the source of the client's assets available for investing. For example, sale of property, inheritance, or job income.

Objectives and Risk Tolerance section

Investment Objective

Click the state that governs the Suitability.

Need for Liquidity

Click the range that describes the client's need for liquidity.

Purpose for Investing

Click the client's purpose for investing.

Time Horizon

Click the insurance agent’s primary fax number.

Risk Tolerance

Click client's risk for tolerance.

Tax Bracket

Click the client's tax bracket.

Level of Communication with Advisor

Click the client's level of communication with the advisor.

Level of Education

Click the client's level of education.

Client Input into Investment Decision Making

Click the client's input into the investment decision making.

Health

Click the client's health.

Pattern of Acceptance of Advisor Recommendations

Click the pattern of acceptance of advisor recommendations.

Commitment under Adverse Conditions

Click the client's commitment under adverse conditions.

Investment Experience section

Investment Experience

Click an option that describes the client's overall investment experience.

Investment Experience: Stocks

Click an option that describes the client's experience with stocks.

Investment Experience: Partnerships

Click an option that describes the client's experience with partnerships.

Investment Experience: Bonds

Click an option that describes the client's experience with bonds.

Investment Experience: Real Estate

Click an option that describes the client's experience with real estate.

Investment Experience: Mutual Funds

Click an option that describes the client's experience with mutual funds.

Investment Experience: Variable Products

Click an option that describes the client's experience with variable products.

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