Lighthouse Wealth Management's Transaction Summary Template provides a thorough process for managing, verifying and recording client transactions efficiently and securely.
1
Identify the client's account
2
Retrieve recent transaction data
3
Preparation of a preliminary transaction summary
4
Verification of transaction details
5
Cross-Referencing the transactions with bank statements
6
Calculate total assets after transactions
7
Calculate total liabilities after transactions
8
Calculate net worth after transactions
9
Prepare a draft summary for review
10
Approval: Financial Advisor Review
11
Revise the summary based on feedback
12
Format the final summary document
13
Add any relevant notes or details
14
Approval: Compliance Officer
15
Generate a digital copy of the summary
16
Schedule a meeting with the client to discuss the summary
17
Send the final transaction summary to the client
18
Recording of summary details in client's file
19
Store the digital copy in a secure location
Identify the client's account
Please provide the client's account number or name. This task is crucial as it helps us identify the correct client and ensure accuracy throughout the process.
Retrieve recent transaction data
In order to create a transaction summary, we need access to the client's recent transaction data. Please provide the necessary details below.
Preparation of a preliminary transaction summary
This task involves preparing an initial summary of the transactions. Please review the transactions and provide any additional information or corrections in the form below.
Verification of transaction details
Before proceeding, it is important to verify the accuracy of the transaction details. Please check the information below and confirm its correctness.
1
Transaction Date
2
Transaction Description
3
Amount
4
Account Number
5
Category
Cross-Referencing the transactions with bank statements
Calculate total assets after transactions
Calculate total liabilities after transactions
Calculate net worth after transactions
Prepare a draft summary for review
Approval: Financial Advisor Review
Will be submitted for approval:
Prepare a draft summary for review
Will be submitted
Revise the summary based on feedback
Format the final summary document
Add any relevant notes or details
Approval: Compliance Officer
Will be submitted for approval:
Format the final summary document
Will be submitted
Add any relevant notes or details
Will be submitted
Generate a digital copy of the summary
Schedule a meeting with the client to discuss the summary
