New Accounts - Alternative Submission

Reference - Suitability Guidelines

Priority:

Documents Requested By:

Date

Delivery Method:

Upload Client Files:

Client Docs, Statements, License, Etc.

New Accounts Team - Client Communication

Prep App ONLY - No client communication at this time

Primary Representative:*

Servicing / Submitting Representative:*

Will there be a Split Rep?

Yes

Split Rep Info:

Owner Name:*

First NameMiddle NameLast Name

Owner Employment Status:

Joint Owner Name:

First NameMiddle NameLast Name

2a.) Owner Age:*

NOT Date of Birth

2b.) Joint Owner Age:

NOT Date of Birth

3.) State of Residence:*

Will this purchase be made in within an existing brokerage account?

YesNo

Existing Brokerage Account #:

Annual Income:

Net Worth:

Liquid Net Worth:

Annual Expenses:

Range of Special Expenses:

Time frame of the Special Expenses:

Investment Objective:

Goal Description:

Client Facing Account Name

Funding Amount:

Funding Source:

Account Type:

Non-Q Registration Type:

Qualified Registration Type:

Beneficiary Notes:

Ex. Same as previous beneficiaries, etc.

Do you have Beneficiaries to add to this account?

Yes

Name

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState

Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

Will there be additional Primary Beneficiaries?

Yes

Name - 2nd Primary Beneficiary

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState

Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

Will there be additional Primary Beneficiaries?

Yes

Name - 3rd Primary Beneficiary

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState

Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

Will there be additional Primary Beneficiaries?

Yes

Name - 4th Primary Beneficiary

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState

Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

Name

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

Will there be additional Contingent Beneficiaries?

Yes

Name - 2nd Contingent Beneficiary

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState

Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

Will there be additional Contingent Beneficiaries?

Yes

Name - 3rd Contingent Beneficiary

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState

Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

Will there be additional Contingent Beneficiaries?

Yes

Name - 4th Contingent Beneficiary

First NameLast Name

%

Address

Street Address

Street Address Line 2

CityState

Zip Code

Phone Number

Please enter a valid phone number.

SS#:

Date of Birth:

4.) Client OVERALL Risk Tolerance:

5.) Total assets AFTER all proposed/pending alt transaction have been executed. Include ALL of the client investment assets, not just those held with WFS*

Household AssetsIndividual Assets

Assets AFTER proposed/pending Alternative transactions:

	Non-Q	Qualified
Cash & Cash Equivalents:
Cash Value of Life Ins:
Marketable Securities:
Fixed and FIA Annuities:
Variable Annuities:

(A) Total Liquid Net Worth:

Existing / Proposed Alternative Investments:

	Non-Q	Qualified
Non-Traded REITs:
Other Non-Traded Real Estate Programs:
Private Equity/Debt (including BDCs):
Managed Futures:
Oil & Gas Programs:
Equipment Leasing:
All Other Non-Traded Alt Investments:

(B) Total Non-Traded Alt Investments:

Concentration (B / C = %)

(C) Total Investable Assets (A + B):

(D) Other Non-Investable Assets:

Net equity in investment real estate and/or net worth of a business. PRIMARY RESIDENCE should NOT be included.

Total Net Worth (C + D)

6.) Proposed Transaction:*

Funding Amount:*

Funding Source:*

Re-Invest Distributions?

Money Type*

Will this generate new revenue or commission?

7.) Was this Transaction Solicited?*

YesNo

8.) What are the client's investment objectives for these proposed purchases in relation to this portion for the client's overall portfolio?*

9.) How long does the client intend to own the proposed product(s)?*

0 - 5 Years6 - 9 Years10+ Years (or Life of the Product)

10.) Please provide the current amount and product/sponsor of all existing non-traded alternative investment holdings and all pending non-traded alternative investment transactions not detailed #6 (funding amount) above.

11.) Indicate clients experience w/ Alternative Investments (in years).

	Client Trustee	JNT Client Trustee
Non-Traded REITs:
Other Non-Traded Real Estate Programs:
Private Equity/Debt (including BDCs):
Managed Futures:
Oil & Gas Programs:
Equipment Leasing:
All Other Non-Traded Alt Investments:

12.) Provide details on any other applicable investment, real estate, property management or professional experience that the client(s) may have not captured above that may be relevant to the proposed investment(s).

13a.) Other investments that were discussed with the client include:

13b.) I discussed with the client the following: The client understands the lack of liquidity associated with an interval fund and the long term nature of this investment. They are comfortable with this lack of liquidity. The client understands that this investment does not have a death benefit feature and the beneficiaries can only liquidate the fund during the quarterly liquidation window, if they desire, based upon availability. The client desires a non-market correlated, alternative investment to have the potential to outpace inflation. Client is also seeking the long-term growth potential from their investment. The client understands the upfront cost associated with this investment as an upfront sales load. I have reviewed the Fund Fact Sheet as well as fund information from the Morningstar Advisor Workstation with the client.*

YesNo

13c.) Additional client details involved with recommendation:

14.) Explain how the proposed alternative investment transactions are appropriate for the client given:

- Client's overall portfolio, life stage and financial situation.

- Client's overall sophistication and level of experience in this product type.

- Specific benefits and advantages of this transaction if this is a result of a replacement as indicated in the Source of Funds Section.

15a.) Source of Funds - If cash/money market has not been held as cash/money market for the entirety of 180 day (6 month) look-back, then the source of those funds MUST be disclosed.

	Amount $
Existing Cash (or MM) held for 180 days or MORE:
New Cash (or MM) received by client within last 180 days. Please indicate source in (J - b.) notes section:
Securities or Insurance Products:
Rollover from Employer Sponsored Retirement Plan:

Will there be a product liquidated or cash received less than 180 days ago?

Yes

15b.) Details of 1st Product Liquidated:

	Details:
A - Type of product:
B - Name of Product:
C - Total amount liquidated:
D - Total Non-CDSC Liquidation Fees and/or Selling Commisions:
E - Contingent Deferred Sales Charge (CDSC):
F - Initial Sales Charge Fee:
G - Holding Period of Liquidated Product:
H - Did the finacial profesional originally sell the liquidated product? YES / NO
I - a. Are there any Death or Living Benefits losses associated with the liquidation? YES / NO
I - b. If YES, indicate the benefit loss. Living Benefit Loss $ amount:
I - c. If YES, indicate the benefit loss. Death Benefit Loss $ amount:
J - a. If a non-qualified insurance product, please provide the taxable cost basis:

J - b. Source of funds rationale: Additional rationale MUST be provided if the client will incur any CDSC, Living Benefit and/or a Death Benefit loss. If new cash, please provide the source.

Will there be an additional product liquidated?

Yes

15b.) Details of 2nd Product Liquidated:

	Details:
A - Type of product:
B - Name of Product:
C - Total amount liquidated:
D - Total Non-CDSC Liquidation Fees and/or Selling Commisions:
E - Contingent Deferred Sales Charge (CDSC):
F - Initial Sales Charge Fee:
G - Holding Period of Liquidated Product:
H - Did the finacial profesional originally sell the liquidated product? YES / NO
I - a. Are there any Death or Living Benefits losses associated with the liquidation? YES / NO
I - b. If YES, indicate the benefit loss. Living Benefit Loss $ amount:
I - c. If YES, indicate the benefit loss. Death Benefit Loss $ amount:
J - a. If a non-qualified insurance product, please provide the taxable cost basis:

J - b. Source of funds rationale: Additional rationale MUST be provided if the client will incur any CDSC, Living Benefit and/or a Death Benefit loss. If new cash, please provide the source.

Will there be an additional product liquidated?

Yes

15b.) Details of 3rd Product Liquidated:

	Details:
A - Type of product:
B - Name of Product:
C - Total amount liquidated:
D - Total Non-CDSC Liquidation Fees and/or Selling Commisions:
E - Contingent Deferred Sales Charge (CDSC):
F - Initial Sales Charge Fee:
G - Holding Period of Liquidated Product:
H - Did the finacial profesional originally sell the liquidated product? YES / NO
I - a. Are there any Death or Living Benefits losses associated with the liquidation? YES / NO
I - b. If YES, indicate the benefit loss. Living Benefit Loss $ amount:
I - c. If YES, indicate the benefit loss. Death Benefit Loss $ amount:
J - a. If a non-qualified insurance product, please provide the taxable cost basis:

J - b. Source of funds rationale: Additional rationale MUST be provided if the client will incur any CDSC, Living Benefit and/or a Death Benefit loss. If new cash, please provide the source.

Will there be an additional product liquidated?

Yes

15b.) Details of 4th Product Liquidated:

	Details:
A - Type of product:
B - Name of Product:
C - Total amount liquidated:
D - Total Non-CDSC Liquidation Fees and/or Selling Commisions:
E - Contingent Deferred Sales Charge (CDSC):
F - Initial Sales Charge Fee:
G - Holding Period of Liquidated Product:
H - Did the finacial profesional originally sell the liquidated product? YES / NO
I - a. Are there any Death or Living Benefits losses associated with the liquidation? YES / NO
I - b. If YES, indicate the benefit loss. Living Benefit Loss $ amount:
I - c. If YES, indicate the benefit loss. Death Benefit Loss $ amount:
J - a. If a non-qualified insurance product, please provide the taxable cost basis:

J - b. Source of funds rationale: Additional rationale MUST be provided if the client will incur any CDSC, Living Benefit and/or a Death Benefit loss. If new cash, please provide the source.

Additional Notes & Funding Instructions:*

Please be specific regarding the funding of this account.

DOC Canned Responses:

A - Pre-Retirement Savings: Client is building their savings for future retirement needs and desires growth in line with their risk tolerance assessment that was completed. The client's current age, longevity, marital status, employment status and retirement time horizon, as well as future income needs were taken into consideration with this investment strategy and recommendation.

B - Post Retirement Savings: Client is retired and desires growth in line with their risk tolerance assessment that was completed. The client's current age, longevity, marital status, employment status and retirement time horizon, as well as future income needs were taken into consideration with this investment strategy and recommendation.

C - Non-Q / Other Savings: Client is building their savings for future anticipated needs and desires growth in line with their risk tolerance assessment that was completed. The client's current age, longevity, marital status, employment status as well as future income needs were taken into consideration with this investment strategy and recommendation.

(DOC) Additional factors:

Your response should include details as to how the proposed strategy and this account type will achieve the client's investment objectives and goals based on the services and products available in the account and account funding.

Alt Brokerage & Pre-Approval Submission

Rep Information:

Account Owner:

Investment Experience:

Brokerage Account Details:

Primary Beneficiary:

Contingent Beneficiary:

Pre-Approval Details:

Duty Of Care Question: