Bookends Financial Planning


Account & Terminology Services

How do I access my accounts?

Clients have the option to receive paper or online statements. Investor Access allows clients online access to view accounts, access statements and tax documents, view financial planning and more.

How do I add/withdraw funds from my account?

For a distribution, you can request a check or we can link your bank account for easy movement of funds. In some cases, a form may be required for a distribution. For deposits, a check can be issued to Raymond James or we can request funds from a linked account. You can also set up automatic withdrawals or deposits. The branch will always have someone available to answer the phone and handle requests. For your security, we cannot accept financial transaction requests via email or voicemail.

What is an RMD?

Required Minimum Distributions (RMDs) are withdrawals that the federal government requires an IRA participant to take annually from his/her Traditional IRAs after he/she reaches age 70½. A participant can withdraw more than the required minimum from the IRA in any year if he/she wishes, but if he/she withdraws less than required, a penalty tax will apply to the remaining required amount not withdrawn. RMDs are calculated to dispose of the entire interest in the IRA over a specified period of time. In addition to Traditional IRAs, most employer-sponsored retirement plans are subject to the RMD rules. Roth IRAs, however, are not subject to this rule. A participant is not required to take any distributions from a Roth IRA during his/her lifetime.

What is a TOD?

A Transfer on Death (TOD) is a legal agreement between an individual and Raymond James to facilitate the transfer of assets to his or her heirs upon death. TOD allows assets to be divided equally among beneficiaries or according to percentages determined by you. Investment assets will bypass probate and be transferred directly to specified heirs. Ask your advisor if this option is right for your estate.

Can I add a checking account/VISA to my brokerage account?

For added convenience, a checking account and/or VISA debit card can be added to a brokerage account. Fees may apply, discuss details with your advisor.

What is Raymond James doing to protect my information?

We take protecting your confidential information very seriously. The Raymond James Technology Service Center has a robust program designed to reduce your risk of a compromise including encryption solutions, secure remote access, antivirus protection and a cyber threat response team. We take additional steps in the branch by having updated security on internet services, server backup services, secure document disposal and a security alarm system.