1. Operations By Michel Tsaparlis, Vice President of Advisory Services
Greg Heinrich, Vice President of Trading
Harold Soria, Cashiering Team Lead

2. Client Profile and New Account Form Reminder
Registered Representatives are reminded to make sure that the Client Profile Form and New Accounts forms are fully and accurately completed prior to submission.  KSI requires customer initials to certain changes and additions. What are those changes and additions?  
Date of Birth
Social Security Number
Address
address
Telephone number
Material changes to liquid net worth, total net worth or income.  What's material? A  15% or greater change.
Changes to risk tolerance, or if missing
Changes to client objectives, or if missing
Changes to date of application, or if missing
KSI may also require initials for other changes, at the firm's discretion.
A few changes do not require client initials.  In these cases, it's generally a clear case of transposing numbers or letters, or a typo, AND the correct information can be independently verified with a document such as driver's license or by information obtained by the firm.

3. Trading Department Trading@kovackadvisors.com GREG Heinrich
Kovack Team:
GREG Heinrich
Laurie Hlavaty
Ken Forester
Justin Kelly

4. Help us…. Help you!

5. Things we need… Account Number ? Clearing Firm: Pershing, IWS or NFS?
Ticker Symbol or Cusip #?
Unsolicited or Solicited?
Market or Limit order (GTC = 180 days)
Commission?
Rep code?

6. Tools For You Mutual Fund Screener U.I.T. Center Folio Dynamix
Fixed Income Trade Consulting

8. Kovack Cashiering Department
Winnaa Wright- VP of Operations
Harold Soria- Cashiering Team Lead
Joe Cintron- Cashiering Associate (NFS)
Laurel Miller- Cashiering Associate (Pershing/IWS/TD)
Cashiering Fax#:

9. Kovack Cashiering Department
Cashiering Overview
Cashiering Procedures
Streetscape- Integrated Cashiering Platform (ICP)
NetEx360- Asset Movement
Standing Instructions
Mobile Check Deposit
Questions

10. Kovack Cashiering Department
Cashiering Procedures
Deposits
Check Deposits
Acceptable/Not Acceptable
ACH (Pershing Limits)
Incoming Wires
Withdrawals
1st Party (Checks, ACH, Wires)
3rd Party (Checks, ACH, Wires)
Wires/Recorded Calls

11. Kovack Cashiering Department
Streetscape- Intergrated Cashiering Platform (ICP)

12. Kovack Cashiering Department
Streetscape- Intergrated Cashiering Platform (ICP)

13. Kovack Cashiering Department
Streetscape- Intergrated Cashiering Platform (ICP)
Allows users the ability to submit requests directly in Streetscape
Cashiering rule still apply (3rd party requests require paperwork)
View all cashiering transactions, standing instructions, periodic plans

14. Kovack Cashiering Department
NetEx360- Asset Movement

15. Kovack Cashiering Department
NetEx360- Asset Movement
Allows users the ability to submit requests directly in NetEx
Checks, ACH, Journals, Wires
Cashiering Rules still apply (3rd party requests and IRA still require paperwork)
Work status to view status of pending requests
Cutoffs (Money markets, ACH)

16. Kovack Cashiering Department
Standing Instructions
Used to allow clients to grant Kovack/rep the ability to approve 3rd party requests without requiring an letter of instruction/distribution for each time
NFS Non-Qualified/Qualified
NFS AMA
Pershing written letter/checkbox on IRA distribution form

17. Kovack Cashiering Department
Mobile Check Deposit
Will allow users the ability to make deposits through a mobile device
NFS is currently in Beta testing for some Kovack users
Pershing is live but not yet in Beta