September 25, 2018 "Time Saver & Helpful Hint" eNewsletter
The future of stock and bond valuations for Trusts and Estates
Weekly News Update
Trusts & Estates article:
Don't Lose Your Clients' Cryptocurrency in Cyberspace
You can access the complete article by clicking HERE.
The week ahead:
(Your guide to this week's big events)
You can access the complete article by clicking
HERE.
The week in review:
(A round-up of some of last week's significant corporate events and news stories.)
You can access the complete article by clicking
HERE.
If you need immediate, no frills, stock and bond valuations for trusts and estates, or historical portfolio pricing, try
appraise.web.
If you're looking to outsource your valuations, or to replace legacy estate valuation software with a state of the art "
software as a service" solution,
EMAIL us.
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Time Saver & Helpful Hint
This week's Time Saver / Helpful Hint topic is:
"Ticker Symbol Applications and Restrictions" The process that determines the ticker symbol for a company is fairly straightforward. Once the financial criteria have been met and the listing application is completed, a company must decide what ticker symbol it wants to use and apply for its use if the company wants to trade on the Nasdaq. Firms applying for a ticker on the NYSE must use their sales representative.
The exchanges are generally disposed to grant the requested symbol as long as it is not already in use and preferably does not closely resemble another symbol (i.e. MMN may be rejected because it is too close to MMM). The symbol must also stay within the bounds of propriety; the exchanges would not permit a pornography conglomerate to use a ticker symbol such as NUDE or an expletive. But virtually anything within these boundaries will generally meet with approval by the exchanges and the SEC.
There are no rules limiting a "type" of symbol to a company, other than that it must be four letters or less. The Options Clearing Corporation maintains a list of unclaimed ticker symbols that companies may be inclined to use; these symbols may be reserved up to 24 months in advance. Of course, companies should usually have at least two or three symbols to choose from in case their first choice is taken or rejected.
Digital assets, including email accounts, blogs, websites, video channels, social media accounts, digital photos and other files stored on a web-based cloud, are more prevalent in today's digital economy, which is why they are of increasing importance in the estate planning process.
Our question for this month is...
"Which social media channel(s) do you use professionally?"
We instituted a
complimentary webinar series to enable our subscribers to receive concise instruction on issues and ideas affecting our industry without having to leave your office.
Our next topic:
"How Estate Planning Awareness Week Can Build Your Practice & Your Community"
is scheduled for Tue, Sep 25 from 11:30a to 12:00p ET.
Here is a synopsis:
Find out what your colleagues are doing to participate in National Estate Planning Awareness Week and how it can help your community, clients, and prospects while growing your business. Our keynote speaker will be Valentino Sabuco, Executive Director of The Financial Awareness Foundation.
Prior Webinars: You can access recordings of our prior webinars by going to our YouTube channel ESI-APPRAISE or clicking HERE. These 20-30 minute webinars include industry related topics and APPRAISE how to videos.
Upcoming Events
Events we are coordinating (all times are ET):
- Sep 25: ESI-APPRAISE monthly webinar series (click
HERE)
Events we are attending (all times are ET):
- Oct 10: Greater New Jersey Estate Planning Council meeting
"What's New On Retirement, IRA, and Distribution Planning"
- Oct 25: Estate Planning Council of Bergen County Estate Planners Day
"Stephan Leimberg - What's New On Retirement, IRA, and Distribution Planning"
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