Investment e-Apps – Fundserv Rep Code
When writing investment applications, it is important to ensure you are using your correct FundServ (FS) Rep Code. Failure to use the correct code may result in daily client unit values and advisor compensation being negatively impacted.
Be careful to choose your Rep Code for investments and not the contract code for life applications. When the incorrect code is used with e-apps, the daily unit values are not displayed in VirtGate for your client summaries, and some carriers use different advisor compensation calculations to determine FYC for non-Fundserv investment accounts.
Warm Regards,
Global Pacific
