Today, annual mandatory mailings for SLOA – (Standing Letter of Instructions) are being mailed via snail mail..
SLOA’s are any instructions on file to transfer/move money from one account to the other.
Linked accounts are titled similarly and examples include … linking from a Bank or checking account, savings account, or even linking to multiple investment accounts such as an IRA or other type of internal account.
Letter looks like this … just FYI
No Action is required by you…. this is just a heads up for confusion purposes!
Have a Great “SLOA Notified” Day – Is that a word? HAHA
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth