Do you share client information with a third party such as the client's spouse, CPA, or attorney? If so, a NEW Cetera form is required instead of a Letter of Instruction.
The Consent To Share Information Form CA 975 is a new form that documents an account owner’s authorization to share financial information with a third party. This includes sharing information with a spouse, CPA, attorney, or power of attorney. By completing this form, the account owner authorizes Cetera Advisors and/or the financial professional to share the following financial information with a third party: account statements, trade confirmations, tax forms, holdings, reports, balances, transactional information, and other account-related information. This consent does NOT authorize the interested party to make trades or request withdrawals. The authorization will remain in effect until it is revoked or modified by any of the listed account owners.
Prior to providing financial information to a third party, please make sure you have a completed and signed Consent To Share Information Form CA 975 in the client’s file. The client should also receive a copy for their records.
Please contact the Prosperity Network Compliance Team with any questions:
compliance@prosperityadvisors.com or 913-529-5500 Option 2
Access the form here: Form CA 975
For internal use only.
Dianne Eggert, CFE
Compliance Manager