Firm Approval Letter Processing: Fill & Download for Free

Many of our clients at qplum work at financial institutions (banks, hedge funds etc) and face similarly strict compliance requirements.Working at a financial institution does not restrict you from opening a qplum account. We act as the financial advisor for your account and execute all the trades as per the agreed upon investment mandate.Since our clients don't have any discretionary trading authority in their qplum accounts, that helps in faster approval with compliance.We typically have our clients go through a 407 letter (sample here: https://s3.amazonaws.com/qplum-public/docs/qplum_Letter_407.pdf that helps streamline all the necessary reporting to their compliance dept directly and seamlessly.Once you complete the account opening process, you will receive the next steps for 407 letter processing. And, the employer will be receiving duplicate statements of all your account activity once the 407 letter is completed.You can also mention to your employer that this is an advisor managed account and you will not be placing trades in it directly.Providing them with this information will help in faster processing of this form.The brokers with whom we work may require additional paperwork in order to open your brokerage account and it may take a little extra time if your employer is not already familiar with qplum.In most cases, we simply have to provide duplicate statements to ‘interested parties' such as the compliance department at your employer to ensure that we are in compliance and there is full disclosure of activity in your account to them.If you or the compliance officer at your employer's firm has specific questions, we will be happy to address them. You can learn more about us here: Next-Gen Robo-Advisor that Invests with Algorithms and Data | qplumI hope this helps!PS: You can also watch this video that explains why it is easy and convenient to invest through qplum, if your employer does not allow you to invest in stocks directly.Disclaimer: All investments carry risk. This is not a solicitation to buy/sell securities. This is not an offer of personal financial advice or legal advice. Past results are not indicative of future performance.

Most of the CA students are not even aware of the fact that:-THEY CAN TAKE ARTICLESHIP TRANSFER IN SECOND YEAR.I took transfer from my firm in July 2020 due to a medical emergency at home and have mentioned detailed procedure below:Step 1: Write a letter of request for Transfer of Articleship addressing to your Principle. Don’t forget to sign the letter.Step 2: Ask your principle to approve your request by preparing an approval letter addressing to ICAI. Make sure that it is signed by your Principle.Step 3: Fill Form 109 for termination of articleship on ICAI SSP Portal.Step 4: While filling Form 109 attach Letter of request and Letter of approval along with Termination Supporting Documents.Step 5: Afterwards Download the form and sign it. Also get it signed from your principle.Step 6: Upload the signed Form 109. Now Submit the form on ICAI SSP Portal.Step 7: The competent authority of ICAI will take nearly 20–30 days to approve your form.Step 8: Once approved you can fill Form 102/103 for articleship re-registration.The entire process takes around 40–50 days.(Please feel free to reach me out in case of any query) :D

Some do, but for a great majority, they don’t understand the process well enough and figure it’s a hassle and only do it when they have to.It’s one of the endless challenges a Buyers agent faces. In reality, there is no use going and looking at properties until a firm budget can be established.The very worst thing you can do as a Buyer is look at properties you cannot afford. Obviously it will be difficult later when you need to “settle” for something less.