Can my clients obtain account information without paying for periodic statements?
Yes. Custody clients (and Trust clients) can view their account activity and balances using an internet connection to a Millennium service called InvestorWeb. The Advisor also has the capability, except they can view the activity and balances for all of their clients’ accounts on a service known as AdvisorWeb. In each case the service is available on a “24/7” basis.
Related Questions
- Can an adviser voluntarily continue to send its own quarterly account statements to clients in addition to the statements that the clients receive directly from qualified custodians?
- Can an employee stay with Fidelity by paying the extra fees from their 401(k) account that HR is claiming it will save by switching to JP Morgan?
- Can my clients obtain account information without paying for periodic statements?
