MTD CLIENTS NEEDED REQUIREMENTS CHECKLIST TO CLIENT
Client Information
- Provide the client's legal first, middle, and last name.
- Ensure spelling is accurate and matches identification documents.
- Include any suffixes or prefixes, if applicable.
- Enter the client's birth date in MM/DD/YYYY format.
- Verify the date against the client's identification documents.
- Ensure the age is appropriate for the services requested.
- Provide the full residential address including street, city, state, and ZIP code.
- Confirm the address matches recent utility bills or official documents.
- Specify if it is a permanent or temporary address.
- List primary and secondary phone numbers with area codes.
- Provide a valid email address for future communications.
- Verify the client can receive messages at the provided contacts.
- Include the ID number or passport number as shown on the document.
- Verify the document's expiration date to ensure validity.
- Attach a copy of the identification document for records.
Financial Information
- Identify all sources of income.
- Include salary, bonuses, rental income, and dividends.
- Specify frequency and amount for each source.
- Gather documentation such as pay stubs or tax returns.
- Determine if the client is employed, self-employed, or unemployed.
- Collect employer details if applicable.
- Note job title, duration of employment, and income stability.
- Verify employment through recent pay stubs or contracts.
- Calculate total assets including cash, property, and investments.
- Subtract total liabilities such as loans and credit card debt.
- Provide recent valuation for assets like real estate.
- Compile supporting documentation for accuracy.
- List all current debts including mortgages, personal loans, and credit cards.
- Include outstanding balances and monthly payment amounts.
- Specify interest rates and terms for each obligation.
- Gather statements or agreements for verification.
- Assess the client's knowledge of investment products.
- Categorize experience level: novice, intermediate, or advanced.
- Inquire about previous investments and outcomes.
- Document any relevant certifications or training.
Use in Manifestly