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COMMON TERMS IN ALPHABETICAL ORDER
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0 - 9
- 1/3, 1/3, 1/3 (typically pronounced "a third, a third, a third")
- 1031 exchange
- 1035 exchange
- 1040, 1040-ES, 1040-EZ, etc.
- 1099, 1099-R, 1099-MISC, etc.
- 10-Pay, 15-Pay, 20-Pay, etc.
- 10-year level term, 20-year level term, etc.
- 10b5-1, Rule 10b5-1
- 12b-1 fee
- 1-Click Review
- 1A, 2A, 3A, 4A (disability insurance occupation class ratings)
- 1B3 (type of exchange-traded fund portfolio)
- 1 Drive is not a common term. Please see "OneDrive".
- 3/1 ARM, 5/1 ARM, 10/1 ARM, etc.
- 3M ["three M"]
- 401a, 401(a)
- 401k, 401(k)
- 403b, 403(b)
- 409A
- 412(e)(3), Section 412(e)(3) plan (a unique benefit plan funded by the purchase of life insurance and/or fixed annuity contracts)
- 457 plan
- 457b, 457(b)
- 501(c)(3)
- 529 plan
- 55 life, 65 life, 90 life, etc.
- 59 and a half (age at which one can withdraw funds from a retirement plan penalty free)
- 7-pay, 7-pay test (Used by the IRS to determine whether to convert a life insurance policy into a modified endowment contract, or MEC. If you put too much money into your policy in the first seven years, it becomes a MEC)
-
72 (age at which one must begin RMDs)
Note: As of 01/01/2023, this
was raised to age 73
- 72-T, 72(t)
- 83(b) election
A
- AAA bonds (not "triple A" bonds)
- A shares(see also B shares, C shares, et al)
- A/B trust
- AbbVie (pharmaceutical company)
- ABLE account
- ACAT (automated customer account transfer)["ay-cat"]
- Accelerated Care Benefit (ACB)
- Accenture
- accidental death and dismemberment (AD&D)
- Accumulator
- Acorn Funds, Columbia Acorn
- ACT, ACT Notes
- action item, action step
- active/passive portfolio
-
Active Portfolio, Active Diversified Portfolio, Active Income Portfolio, Active Accumulation
Portfolio
- activities of daily living (ADL)
- actuary, actuarial
- ad hoc
- additional purchase benefit (APB)
-
Adjustable CompLife (ACL)
(see also ECL, VCL, et al)
- adjusted cost base (ACB)
- adjusted gross income (AGI)
- Admiral Shares
- ADV Form
- Advisor360 or A360
- advance medical directive (AMD)
- Advanced Planning, Advanced Planning Library
- Advantra, Advantra Freedom
- AdvisorOne Funds
- Advisors Assistant
- Advisors Excel
- AdvisorSquared
- Advyzon (technology platform for financial advisors)
- Aegis
- Aetna
- Aflac ["AFF-lack"]
- age change
- A.G. Edwards
- agent of record
- AGF Management
- Airbnb (lodging website)
- Alkeon Capital Management, LLC
- Albridge
- Alcoa
- Alger, Alger Spectra Fund
- Alibaba, Alibaba.com (online marketplace company)
-
all cap, all-cap
(see also large cap/large-cap, mid cap/mid-cap, multi-cap, small cap/small-cap)
- Alliance
- AllianceBernstein
- Allianz ["AH-lee-onz"]
- Allianz 222 (type of annuity)
- Allianz 365i Annuity
- Allianz Alterity
- Allianz MasterDex 5
- Allstate
- Allspring Global Investments
- Ally Bank
- Alterity, Allianz Alterity
- Altria (parent company of Philip Morris)
- AmCap
- Ameren (energy company)
- American Balanced Fund (ABF)
- American Century
- American Equity
- American Family
- American Funds
- American General
- American High-Income Trust
- American Realty Capital (ARC)
- American United Life (AUL)
- Ameriprise
- AmerisourceBergen
- Ameritrade
- Ameritas
- AmEx (American Express)
- Amgen (biotech company)
- amortization, amortize, etc.
- Anadarko (oil and gas company)
- angel investor (private investor, seed investor)
- Anheuser-Busch ["ann-eye-zer bush"]
- Annaly Capital Management, Inc.
-
annuity, annuities, annuitant, annuitize, annuitization, etc.
(see also fixed annuity, indexed annuity, variable annuity)
- Annuity Care, Annuity Care II
- AnnuityNet
- Anthem Life
-
any-occ ["ann-ee-ock"] (occupation class)
(see also own-occ)
- approved as applied for, approved other than applied for
- arbitrage
- ARC (American Realty Capital)
- ARDI ["AR-dee"] (Annually Renewable Disability Income)
- Arissa is not a common term. Please see "ERISA".
- ARK, ARK Funds, ARK Innovation ETF
Note: ARKK is also a thing, but we should default to ARK unless requested by the customer
-
ARM (adjustable rate mortgage)
(see also 3/1 ARM, 5/1 ARM, etc.)
- accelerated return note (ARN)
- arrears [the part of a debt that is overdue after missing a payment]
- Ascensus
- Ash Brokerage
- Assante
- asset allocation
- Asset-Care
- asset class
- AssetMark
- AssetMatch, AssetMatch questionnaire
- Asset Management Solutions (AMS)
- assets under management (AUM)
- assisted living facility (ALF)
- assumed interest rate (AIR)
- Assurant, Assurant Health
- Assurity
- AstraZeneca
- Athene
- AuguStar (formerly Ohio National)
- AutoCallable Notes
- automatic additional purchase benefit (AAPB)
- automatic benefit increase (ABI)
- automatic premium loan (APL)
- Avantus (credit reporting agency)
- Aviva
- AXA, AXA Equitable
B
-
B shares
(see also A shares, C shares, et al)
- back-end load
- backdate, backdate to save age, etc.
- backdoor Roth
- backwardation
(see also contango)
- Bahl & Gaynor Inc (registered investment advisor)
- Baird (also known as Robert W. Baird)
- balance sheet
- banded interest rate, banded rate, age band, age-banded rate
- Bank of Montreal (BMO)
- Bank of New York Mellon (BNY Mellon)
- Bankers Life
- bank-owned life insurance (BOLI)
- bank sweep
- Banner Life
- bar mitzvah (Jewish ceremony commemorating the religious adulthood of a male's 13th birthday)
- bat mitzvah (Jewish ceremony commemorating the religious adulthood of a female's 13th birthday)
- Barclays
- Barron's Magazine
- base interest rate, base rate
- basis points (BPS) ["bips"]
- BAYADA Home Health Care
- Baystate Wealth Management
- BB&T Bank, BB&T Scott & Stringfellow, BB&T SunTrust
-
bear market (market in which the trend is for prices to decline)
(see also bull market), bearish
- Beaumont Capital Management (investment firm)
- BellSouth
- Beneficial Financial, Beneficial Life
- beneficiary, beneficiaries, beneficiary IRA [also called "bene" IRA (pronounced "benny")]
- Beneficiary Defective Inheritance Trust (BDIT)
- Benefit Advantage (third party administrator)
- Berkshire ["BERK-sher"]
- Berkshire Hathaway
- beta
- Betterment (investing service)
- Bitcoin (digital currency system)
- Black Diamond Wealth Platform (portfolio management software)
- Black-owned business
- BlackRock
- Blackstone
- blended term (term insurance blended with permanent life insurance)
- Blockchain (digital asset program)
- block transfer, block transfer form
- Bloomberg (financial, software, data and media company)
- Bloomberg Short-Term Bank Yield Index (BSBY) [pronounced bizz-bee]
- blotter (a record of trades)
- blue-chip stock
- BlueChoice
- BlueCross BlueShield
- Blue Owl, Blue Owl Capital
- Bluerock
- Boeing
- BOLI (bank-owned life insurance)
- BombBomb video (video email marketing platform)
- Bond Debenture Fund (Lord Abbett)
- Bond Fund of America (BFA)
- book of business
- Box (referring to a cloud storage system similar to Dropbox)
- Booz Allen Hamilton (consulting company)
- Boss advisory agreement, Boss disclosures, Boss disclosure link, Boss portal, etc.
- Boss Retirement Solutions, Boss Retirement Blueprint
- BranchNet
- Brandes ["BRAN-diss"]
- Brazil, Russia, India and China (BRIC)
- break even (verb), break-even (noun, adjective)
- breakpoint
- BREIT (Blackstone Real Estate Income Trust)
- Brexit (refers to the UK's decision to leave the EU)
- BRIC (Brazil, Russia, India and China)
- bridge loan
- Bright Directions (refers to college savings and 529 plans)
- Bright Futures (refers to college savings and 529 plans)
- Bright Start 529 Plan
- Brighthouse Financial
- Brinker Capital
- Brio Financial Group
- Bristol-Myers Squibb
- Broadcom Inc.
- broker of record
- broker/dealer
- brokerage account
- BrokerageLink
- Brookstone
- buckets of money
- BulletShares (Invesco ETF product)
-
bull market [market in which prices are rising]
(see also bear market), bullish
- bull put spread
- Business Development Company (BDC)
- Business Network International (BNI)
- business overhead expense (BOE)
- buy and hold strategy
- buy term and invest the difference
- buy/sell, buy/sell agreement
-
buy-write (trading strategy where investor buys a stock and simultaneously writes a call option on
that stock)
[not by right or by-right]
C
- C corp, C corporation
- C shares (see also A shares, B shares, et al)
- Cabinet SAFE (document management software)
- Cadaret, Grant ["cadaray grant"]
- Calamos, Calamos Growth and Income
- Calendly
- CalPERS (California Public Employees Retirement System)
- CalSTRS (California State Teachers' Retirement System)
- Calvert, Calvert Funds
- Canada Life
- Canada Pension Plan (CPP)
- Canada Deposit Insurance Corporation (CDIC)
- Canadian Imperial Bank of Commerce (CIBC, CIBC Wood Gundy)
- Canopy Growth
- capital gains
- Capital Group
- Capital Income Builder (CIB)
- capital needs analysis
- Capital One
- Capital World Growth and Income (CWGAI)
- Capitas Financial
- captive insurance
- CareChoice One (MassMutual)
- Career Profile Advantage (CP Advantage)
- CARES Act
- Carey Credit Income Fund
- Carey Watermark
- Carlyle, The Carlyle Group (investment firm)
- carryforward loss
- cash flow
- cash management account (CMA)
- cash reserve certificate (CRC)
- Cash Return on Capital Invested (CROCI)
- cash value life insurance
- Catalyst/Millburn Hedge Strategy Fund (MBXAX, MBXCX, MBXIX)
- CBIZ ["see-bizz"]
- Celgene (biotech company)
-
census
[not to be confused with Ascensus]
- center of influence (COI)
- CenturyLink is now Lumen Technologies (telecom company)
- Cerner Corporation (health technology company)
- certificate of deposit (CD)
- Certified Commercial Investment Member (CCIM)
- Cetera Financial Group ["satera"]
- charitable lead trust (CLT)
- charitable remainder annuity trust (CRAT)
- charitable remainder trust (CRT)
- charitable remainder unitrust (CRUT)
- Charles Schwab
- chassis ["CHA-see"] (framework to build around)
- Chanukah, Hanukkah (Jewish holiday)
- Check-O-Matic
- Chubb, Chubb Group of Insurance Companies
- CI Investments
-
Cigna Healthcare (updated from CIGNA to match rebranding)
[not Signa or Sigma]
- Cintas (uniform company)
- CIO (Chief Investment Office), CIO Viewpoint (Merrill Lynch)
- circle back (meet or speak again)
-
Cisco Systems (electronics and communications company)
(see also Sysco)
- Citibank
- Citigroup
- Citizens Bank
- City National Rochdale (CNR)
- Civil Service Retirement System (CSRS)
-
Clark Capital Management Group
[
not to be confused with "Klark software" or "Klark proposal" which is a
computer program]
- clawback
- ClearBridge Investments
- Clear Spring Life and Annuity Company, Clear Spring Life
- Client360 (Commonwealth)
- Client Builder
- Client History Interview (CHI)
- Client Resource Center (CRC)
- Client Review Center (CRC)
- client summary statement (CSS)
- Client Viewer
- Cliffs Notes (used colloquially to refer to a summary of something longer)
- cliff vest (refers to becoming fully vested into employee benefits)
- ClientWorks (customer platform offered by LPL Financial)
- CLIRN, Capped LIRN (Capped Leveraged Index Return Notes)
- closed-end funds
- close meeting
- COBRA (Consolidated Omnibus Budget Reconciliation Act)
- Coca-Cola
- codicil
- Cohen & Steers
- Coinbase
- COLA (cost of living allowance)
- cold call
- Coldwell Banker (real estate company)
- Cole Capital
- Cole Corporate Income Trust (CCIT)
- COLI (cost of living income)
- CollegeAmerica (refers to 529 plans)
- Columbia Acorn, Acorn Funds
- Columbia
- Comerica
- Commodity Futures Trading Commission (CFTC)
- Commonwealth
- Compass Bank, BBVA Compass
- Computershare
- Compushare
- Comstock
- Confident Retirement approach (Ameriprise retirement planning program)
- Congress, the Congress, US Congress
- ConocoPhillips
- Conseco
- Consolidated Client View (CCV)
- Contact Manager
- contango
(see also backwardation)
- contingent beneficiary, contingent beneficiaries
- contingent deferred sales charge (CDSC)
-
contra funds (a generic term for underperforming funds that are expected to do well in the long run)
- contrarian (opposing popular opinion or current practice)
- Contrarian, Contrarian Capital
- Copytalk
- Corebridge, Corebridge Financial
- Core Income 7 (Allianz annuity)
- Core REIT
- coronavirus (see also COVID-19)
- Corporate Capital Trust
-
Corporate CompLife (CCL)
(see also ECL, VCL, et al)
- cost basis
- cost-benefit analysis
- Countrywide
- Coventry
- Coverdell
- covered call
- COVID-19 (see also coronavirus)
- CP Advantage (Career Profile Advantage)
- CRAT (charitable remainder annuity trust)
- credit shelter trust
- Credit Suisse (often pronounced "Credit Swiss")
-
CREF
(see also TIAA-CREF and TIAA)
- CROCI (Cash Return on Capital Invested) ["croak-ee"]
- Cronos, The Cronos Group
- cross-purchase, cross-purchase agreement
- CRS, Form CRS (Client Relationship Summary)
- Crummey letter
- Crump
- CRUT (charitable remainder unitrust)
- cryptocurrency (digital currency with security)
- culture index
- CUNA (Credit Union National Association) [now known as now TruStage]
- CUSIP, CUSIP number (Committee on Uniform Security Identification Procedures)["KYOO-sip"]
- custodial account
- custom advisory relationship (CAR), CARs, CARs form
- custom managed account, custom managed portfolio, custom managed strategy
- Custom Variable Universal Life (CVUL)
- customer relationship management (CRM)
D
- D.A. Davidson & Co.
- Danaher Corporation
- data gather
- Dave Ramsey, David Ramsey (financial advisor, writer, and radio/television personality)
- Davis New York Venture
- dead file, quiet file
- death benefit
- death tax (also known as estate tax)
- debenture (promissory note backed by the general credit of a company)
- decedent IRA ["duh-SEE-dent"]
- decedent trust, decedent's trust ["duh-SEE-dent"]
- declarations page (also called "dec page")
- deferral
- deferred compensation, deferred comp
- deferred retirement option plan (DROP)
- deferred sales charge (DSC)
- deferred stock unit (DSU)
- defined benefit
- defined contribution plan
- Delaware Statutory Trust
- Deloitte & Touche
- Department of Labor (DOL)
- depreciate, depreciation, etc.
- Destination Navigator 2.0, Nationwide Destination Navigator
- Deutsche Asset & Wealth Management
- Deutsche Bank ["DOIT-chay"]
- Digiscribe
- Dimensional Fund Advisors (DFA)
- DiNuzzo Index Advisors
- direct-to-fund
- disability insurance (DI)
- disability overhead expense (DOE)
- disbursement
- Disciplined Growth Fund
- Disciplined Value Fund
- discovery letter, discovery agreement
- Disney
- dispersement is not a word, please see disbursement
- Diversified Stock Income Plan (DSIP)
- diversify, diversification, etc.
- dividend reinvestment plan (DRIP)
- doc-600, document 600
- Doc.It (not to be confused with a docket)
- Docupace (tech company)
- DocuSign
- Dodd-Frank, Dodd-Frank Act
- Dodge & Cox
- dollar cost average (DCA), dollar cost averaging
- donor-advised fund
- Dorsey Wright & Associates
- DoubleLine Funds
- Double E is not a common term. Please see "EE bonds".
- Dow, Dow Jones, Dow Jones Industrial Average
- DowDuPont Inc (DuPont and Dow merger)
- Down Markets Matter (article title, similar to Power of the Portfolio)
- down payment (not downpayment)
- downside, downside protection
- drawdown
- Dreyfus, Dreyfus/Standish
-
DRIP (dividend reinvestment plan)
[
not to be confused with "drip" a verb used to mean "keep in contact with
someone"
]
- DROP (deferred retirement option plan)
- Dropbox
- Dryden, Dryden Financial
- dry powder (slang term referring to marketable securities that are highly liquid and considered cash-like)
- DST Vision
- due diligence
- durable power of attorney (DPOA)
- DWS Scudder, Scudder
- DynaTech Fund, Franklin DynaTech Fund (FKDNX)
E
- E&O insurance (errors and omissions insurance)
- EAFE (Europe, Australasia and Far East) ["e-fuh"]
- earmark (to designate something for a specific purpose)
- earnings before interest, taxes, depreciation and amortization (EBITDA)
- earnings per share (EPS)
- Eaton Vance
- eBay
- EBITDA ["EE-bit-uh"]
- education savings account (ESA)
- EdVest
- Edward Jones
- EE bonds (said like "double E bonds")
- Efficient Frontier (capitalized when referring to the company)
- efficient frontier (lowercase when referring to portfolio theory)
- e-file
- EdgePoint
- electronic funds transfer (EFT)
- Eli Lilly (pharmaceutical company)
- ELKS (equity-linked securities)
- email, e-mail (both are acceptable)
- emerging markets
- eMoney
- Employee Stock Investment Plan (EMSIP)
- employer identification number (EIN)
- Empower Retirement (Great-West retirement program)
- EMSIP (Employee Stock Investment Plan)["m-sip"]
- Enbridge Gas Distribution
- end of life plan, EOL plan
- Envestnet
- Envision plan
- EQIS ["eh-kwis"]
- EquiBuilder (type of policy from AIG)
- Equifax
- eQuipt
- EquiTrust
- equity, equities
- equity-indexed annuity
- Equity Income Fund
- equity-linked securities (ELKS)
- EQUI-VEST, AXA EQUI-VEST
- ERISA (Employee Retirement Income Security Act)["uh-RISS-uh"]
- Ernst & Young, E&Y
- errors and omissions insurance (E&O insurance)
- escrow
- ESG criteria (Environment, Social and Governance) (socially responsible funds)
- e-signature, e-sign, e-sig
- ESOP (employee stock ownership plan)
-
Estate CompLife (ECL)
(see also ACL, VCL, et al)
- estate plan, estate tax, etc.
- Ethereum
- Etna is not a common term. Please see "Aetna".
- E*Trade
- EuroPacific
- Euro Stoxx, Euro Stoxx 50
- Eventide Gilead Fund
- EverBank
- Evernote
- Excel, Microsoft Excel
- excess accumulation penalty (EAP)
- exchange-traded funds (ETF)
- executor, executrix
- Exelon Corporation
- Experian
- Express Scripts
- Exxon Mobil Corporation
- eyelet is not a common term. Please see ILIT.
- EZ App
F
- F&G Life (Fidelity & Guaranty Life)
- FAANG stocks (five best tech stocks: Facebook, Apple, Amazon, Netflix, Google)
- fact finder
- FAFSA ["faff-suh"]
- fair market value
- family limited partnership
- Fannie Mae (Federal National Mortgage Association)
- Farm Bureau
- Farmers Insurance
- favorable introduction
- Federal Employees Retirement System (FERS)
- Federal Energy Regulatory Commission (FERC)
- Federal Reserve, Federal Reserve System [see also The Fed]
- Federated Hermes Kaufmann, Federated Kaufmann NOTE: Kaufman has been the CT spelling since forever. The proper spelling is Kaufmann
- Federated MDT (type of fund)
- FedLoan (student loan company)
- fee-based
- feed list, feeder list
- FEMA (Federal Emergency Management Agency) ["FEE-ma"]
- FERC (Federal Energy Regulatory Commission)
- FERS (Federal Employees Retirement System)
- Fi360
-
fiance (a man to be married), fiancee (a woman to be married)
fianc-they (a NB to be married)
- FICA ["FYE-kuh"]
- Fidelity & Guaranty Life (F&G)
- Fidelity
- Fidelity Contrafund (name of a specific contra fund)
- Fidelity Freedom, Fidelity Freedom Fund
- fiduciary
- FieldNET
- FIFO (first in, first out)
- Fifth Third Bank
- Financial Accounting Standards Board (FASB)
- FinLife
- FINRA, FINRA 2111 (Financial Industry Regulatory Authority), FINRA Elements
- FireLight (e-delivery/e-application for Lincoln)
- first in, first out (FIFO)
- First Command Bank
- First Eagle
- First Pacific Advisors (FPA)
-
first-to-die
(see also second-to-die and last-to-die)
- First Trust (financial company)
-
Fiserv
[not to be confused with Pfizer]
- Fiser, Fizer are not common terms. Please see Pfizer.
-
Fitch, Fitch and Moody's, Moody's and Fitch, etc. (stock ratings similar to Standard & Poor's)
- fixed annuity
- fixed income
- fixed indexed annuity (FIA)
- fixed to floating, fixed to float fund
- FlexChoice (type of MetLife variable annuity)
- Flexible Premium Deferred Annuity (FPDA)
- floating rate, senior floating rate
- Florida Blue
- Forbes, Forbes Magazine, Forbes article
- forced savings vehicle
- ForeCare annuity
- Forefield
- Foresters
- Forethought Financial Group
- Form 5498
- Form 5500
- Form W-2
- Fortune 500
- Franklin Founding Funds
- Franklin Square Capital Partners
- Franklin Templeton
- Freddie Mac (Federal Home Loan and Mortgage Company)
- free look period
- Friess ["freese"]
- front-end load (FEL)
- front-end zero
- FS Investment Corporation
- FS KKR (merger of FS Investments and KKR Credit), FS KKR Capital, FS/KKR Advisor
- F-Squared Investments
- FTSE, FTSE All-World Index [pronounced "footsie"]
- full pay
- fund fact sheet
- fund family
- fund of funds (FOF) (mutual fund that invests in other mutual funds)
- Fundamental Investors
- FundSource
- furlough
- future increase option, future insurability option, future insurance option (FIO)
G
- GAAP, GAAP earnings (generally accepted accounting principles) ["gap"]
-
Gabelli Funds
(see also GAMCO)
- Gannett Welsh & Kotler (GW&K Investment Management)
- gap analysis, gap insurance
- GAWA (guaranteed annual withdrawal amount)
- GEICO
- gender-neutral rate
- General Dynamics (aerospace and defense company)
- General Electric (GE)
- general obligation bond (GO)
- generally accepted accounting principles (GAAP, GAAP earnings)
- generation skipping trust (GST)
- geriatric care manager (GCM)
- Genworth ["JEN-werth"]
- GILICO (Guaranty Income Life Insurance Co)
- Ginnie Mae (Government National Mortgage Association)
- GlaxoSmithKline
- glide path (formula that defines the asset allocation mix of a target-date fund, based on the number of years to the target date)
- GlidePath (energy company)
- Global Fixed Income Opportunities Fund
- Global Fund Advocates Network (GFAN)
- Global Life Sciences
- Go Forward, Go Forward note (software/app company)
- golden handcuffs
- Goldman Sachs
- Good Shepherd Fund
- Good-Til-Canceled (GTC)
- GoToMeeting
- GradFin
- grantor ["gran-toor"]
- Granum, Granum system
- GRAT (grantor retained annuity trust)
- Great American
- Great-West Life
- gross dealer concession (GDC)
- Growth Fund of America (GFA)
- guaranteed annuity option (GAO)
- guaranteed investment certificate (GIC)
- guaranteed investment contract (GIC)
- guaranteed lifetime withdrawal benefit (GLWB)
- guaranteed minimum accumulation benefit (GMAB)
- guaranteed minimum withdrawal benefit (GMWB)
- guaranteed universal life (GUL)
- guaranteed withdrawal benefit (GWB)
- Guardian, Guardian Life
- guardian ad litem (GAL) (court-appointed person to make decisions for a minor)
- Guggenheim Investments
-
Guided Portfolio (RBC Wealth Management), Guided Portfolio Solutions (Neuberger Berman), Guided
Portfolio Services (AIG, VALIC)
- Guided Solutions (healthcare recruitment company)
- Guide to the Markets (JPMorgan)
- Gundersen Clinic
- GW&K Investment Management (Gannett Welsh & Kotler)
- GWK is not a common term. See GW&K
H
- H&R Block
- H-1B visa
- hail mary (phrase used as reference to football play with fairly low chance of success; similar to "last-ditch effort")
- Halliburton (oil services company)
- Hanson McClain
- Hartford, The Hartford
- Having Choices In Retirement Really Matters (Northwestern Mutual worksheet)
- H.D. Vest
- headwind(s)
- healthcare directive
- healthcare power of attorney (HCPA)
- healthcare surrogate
- hedge fund
- HELOC (home equity line of credit)["he-lock"]
- HEMS standard (health, education, maintenance, and support)
- Hennessy, Hennessy Focus Fund
- Hewlett-Packard (computer/software company)
- HiddenLevers
- Highbridge, Highbridge Funds
- Highlands REIT
- HighMark
- high-yield, high-yield muni, etc.
- Hines, Hines REIT
- HIPAA (Health Insurance Portability and Accountability Act) ["hippa"]
- Holistiplan (software)
- holistic plan (not to be confused with Holistiplan )
- home office
- Honeywell
- Horace Mann
- household (verb), householding
- HSBC Bank
- human life value (HLV)
- Humana
- Huntington Funds
- hypo, hypothetical
I
- I share class, institutional share class (see also institutional shares ) (not to be confused with BlackRock's iShares)
- i4LIFE (Lincoln fixed annuity product, short for Income For Life)
- iA Clarington (investment company)
- IBM, International Business Machines (computer technology company)
- I Bonds
- iBudget
- IB is not a common term. Please see "Ivy Funds, Ivy Asset Strategy".
- Ibbotson
- ICAP Fund
- ILIT (irrevocable life insurance trust)["eyelet"]
- illiquid, illiquidity
- ImmediateCare
- Impact Portfolio
- Income Fund of America (IFA)
- INCOME Promise Select Annuity
- Income Property Trust (IPT)
- income stream (not "income string")
- indemnity insurance, indemnity policy
- Independent Personal Retirment Overview (IPRO)
- indexed annuity
- index funds (indexed fund is NOT a common term)
- Indexed Protection Benefit (IPB)
- indexed universal life (IUL)
- Individual Retirement Rollover Account (IRRA)
- information sharing agreement (ISA)
- in-force ledger, in-force illustration
- ING (financial services company)
- Ingersoll Rand
- inherited IRA
- initial public offering (IPO)
- in-kind (given in goods, commodities, or services rather than money)
-
Inland, Inland REIT
(see also Midland and Midland REIT)
- in-service distribution
- intentionally defective grantor irrevocable trust (IDGIT)
- intestate (dying with no valid will in place)
- institutional shares, institutional rate (see also I shares)
- intentionally defective grantor trust (IDGT)
- intermediate-term
- International Leaders
- IntrepidInvenTrust Properties
- Invesco, Invesco QQQ Trust (QQQ)
- InvesTech
- Investigo
- investment advisory program (IAP)
- Investment Company of America (ICA)
- investment policy statement (IPS)
- Investnet is not a common term. Please see "Envestnet".
- Investor360, I360
- investor profile
- InvesTrust Properties (type of REIT)
- Invision plan is not a common term. Please see "Envision plan".
- IPERS (Iowa Public Employee Retirement System)
- IPRO (Independent Personal Retirement Overview)
-
IRA (individual retirement account/arrangement)
(see also Roth IRA, SEP-IRA, SIMPLE IRA, et al.)
- irrevocable life insurance trust (ILIT)
-
irrevocable trust
(see also revocable trust)
- iShares (a collection of BlackRock ETFs) (not to be confused with I shares/institutional shares)
- ITIN (Individual Taxpayer Identification Number) ["eye-ten"]
- Ivy Funds, Ivy Asset Strategy
J
-
J shares
(see also A shares, B shares, et al)
- Jackson Hewitt Tax Services
- Jackson National Life (JNL)
- Janet Yellen
- Janney Montgomery Scott
- Janus, Janus Henderson Investors
- Jennison, JennisonDryden
- John Hancock
- Johnson & Johnson
-
Joint CompLife (JCL) (see also ACL, ECL, VCL, et al)
- joint tenants in common, tenants in common
- Jones Lang LaSalle (JLL)
- journal, journal entry, journal over
- JPMorgan, JPMorgan Chase
- junk bonds
-
Junxure (client management program)
[not to be confused with the English word "juncture"]
- juvie policy, juvenile policy
K
- K-1, K-1 form
- Kaiser ["KYE-zer"]
- Kaiser Permanente
- Kansas Public Employees Retirement System (KPERS)
- Kaufmann, Federated Hermes Kaufmann NOTE: Kaufman has been the CT spelling since forever. The proper spelling is Kaufmann
- Kayne Anderson (investment firm)
- KBS, KBS-CMG, KBS REIT (real estate investment company)
- Keogh plan ["KEE-oh"]
- Kestra Financial
- Key Bank
- key man, key employee, key person insurance
- KEYSOP (key executive share-option compensation plan)
- kiddy or kiddie (either is acceptable)
- Kinder Morgan (energy company)
- Kiplinger
-
Klark software, Klark proposal
[not to be confused with "Clark Capital" which is a business name]
- Knights of Columbus
- Know Your Client form (KYC form)
- Kohlberg Kravis Roberts (KKR) [investment firm]
- KPERS (Kansas Public Employees Retirement System)
- KPMG International Cooperative (KPMG)
-
Kraft Foods, Kraft Heinz
[not to be confused with Hines REIT]
L
- L.inc Rider (Lifetime Income Rider) ["link"]
- L-10, L-20, etc. (level 10, level 20, etc.)[refers to duration of term life insurance]
- ladder, laddering, laddered CDs, laddered bonds
- Lady Bird Deed (type of estate deed)
- Lafayette Life
-
large cap, large-cap
(see also all cap/all-cap, mid cap/mid-cap, multi-cap, small cap/small-cap)
- LaSalle Bank
- last in, first out (LIFO)
-
last-to-die
(see also first-to-die and second-to-die)
- Lazard
- LEAP (Lifetime Economic Acceleration Process)
- Leave It Or Roll It brochure
- legacy asset exemption (LAE)
- Legacy Care
- LegalZoom
- Legg Mason
- Lehman, Lehman Aggregate Bond Index
- letter of intent, letter of instruction
- level 10, level 20, etc. (L-10, L-20, etc)[refers to duration of term life insurance]
- Leveraged Index Return Notes (LIRN) (can be linked to the S&P 500 Index or the DJIA)
- Liberty Bankers Life
- LIBOR (London InterBank Offered Rate)
- lien [noun]
- LIF (life income fund)
- life insurance supplemental rider (LISR)
- LifePath Fund (target-date fund from BlackRock)
- Lifetime Income Rider (L.inc Rider)
- LIFO (last in, first out)
- Lincoln Financial
- Link rider is not a Common Term. Please see L.inc Rider
- LinkedIn, LinkedIn.com [refers to a web-based business networking program]
- LinkNet
- LinkPoint, LinkPoint360 (Salesforce CRM integration)
- Linsco/Private Ledger (LPL)
- lion's share (phrase meaning 'the biggest portion')
- Lion Street Financial (financial services distribution company)
- Lipper, Lipper Ratings
-
liquid, liquidity, liquidation
(see also "illiquid")
- LIRA (locked-in retirement account)["leer-ah"]
- LISR (life insurance supplemental rider) ["lisser"]
- Litman Gregory
- living trust
- Lloyd's of London
- loan management account (LMA)
- loan-to-value (LTV) (ratio of how much mortgage one has in relation to property worth)
- Lockheed Martin
- London InterBank Offered Rate (LIBOR)
- long/short, long/short equity, long/short commodity, long/short fund
- Long-Term Advantage (product offering from Northwestern Mutual)
- long-term care (LTC)
- long-term disability (LTD), long-term disability insurance
- long-term incentive plan (LTIP)
- Loomis, Loomis Sayles
- Lord Abbett & Co.
- loss carryforward
- low vol (short for low volatility)
- LPL Financial (Linsco/Private Ledger)
- LTIP (long-term incentive plan)
- Lumen Technologies (formerly CenturyLink)
- lump sum
- lunch and learn
M
- M&A, M&A fund (mergers and acquisitions)
- M&E charge (mortality and expense)
- M&T Bank
- MacKay Shields ["muck-eye"]
- Mackenzie Financial Corporation, Mackenzie Funds
- MacKenzie Patterson Fuller, Inc. (MPFI)
- Macro Opportunities, Macro Op
- Magnificent 7, Mag 7 (a group of stocks comprised of Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla)
- Main Street, Main Street Opportunity
- MainStay, MainStay Cushing Fund, MainStay Epoch ["epic"]
- Malia is not a common term. Please see "MMLIA".
- Malissy is not a common term. Please see "MMLISI".
- managed account review (MAR)
- managed futures (investment trading in the futures markets managed by another entity instead of the fund owner)
- management expense ratio (MER)
- Manning & Napier
- Manulife
- MAP Portfolio
- MAPS questionnaire, MAPS Select (Model Accumulation Portfolio System)
- Marcus by Goldman Sachs
- Market Pathways
- Marketfield
- marketFLEX
-
market-linked CD, market-linked investments (dependent upon the performance of a market or index)
- market survey
- market value adjustment (MVA)
- Massachusetts Financial Services (MFS)
- MassMutual, MassMutual CareChoice One
- master limited partnership (MLP)
- master's degree
- MasterCard
- MasterDex, MasterDex 5, Allianz MasterDex
- Matson Money
- maturity, maturities, matures (refers to CDs and bonds)
- Mayo Clinic
- McCann Wealth Strategies, Inc.
- McDonald's
- McTigue Financial Group
- MEC (modified endowment contract), MECed, MECing, etc.["meck", "mecked", "mecking", etc.]
- medallion signature guarantee
- Medica
- Medicaid
- Medi-Cal (California's Medicaid program)
- medical history questionnaire (MHQ)
- medical savings account (MSA)
- Medicare, Medicare Part B, Part D, etc.
- Medigap
- MedSup (Medicare Supplement)
- Medtronic
- mega backdoor Roth, mega Roth
- MEGI (Merrill Edge Guided Investing)
- Mellon
- Mercantile
- Merck
- mergers and acquisitions (M&A)
- Merrill Edge
- Merrill Edge Guided Investing (MEGI)
- Merrill Lynch
-
Merrill Lynch Bank and Trust Company (MLBTC)
**Scribe ACRONYM ONLY even if they say full name**
-
Merrill Lynch International Bank (MLIB)
**Scribe ACRONYM ONLY even if they say full name**
- Merrill Lynch Personal Advisor (MLPA)
- Merrill One (ML One)
- Meta, Meta stock (Facebook's parent company
- MetLife, Met
-
micro cap
(see also all cap, large cap, multi-cap, small cap)
- microchip
- Microsoft OneDrive, OneDrive
- Microsoft Teams, Teams (video conference software)
- mid cap, mid-cap (see also all cap/all-cap, large cap/large-cap, multi-cap, small cap/small-cap)
- Midland, Midland REIT (see also Inland and Inland REIT)
- MIGA (Multilateral Investment Guarantee Agency) ["MEE-guh"]
- MiMedx (biotech company) ["my-med-x", "my-medics"]
- Minnesota Life
- Mint.com, Mint
- Minsure is not a common term. Please see MNsure.
- ML One (Merrill One)
- MMLIA (MassMutual Life Insurance Association)["muh-LEE-uh"]
- MMLISI (MassMutual Life Investors Services, Inc.)["muh-LISS-ee"]
- MNsure ["MIN-sure"]
- Mobile Scribe
- Model Wealth Portfolios (MWP)
- Moderna
- modern portfolio theory (see also modern portfolio theory)
- Modern Woodmen of America
- modified endowment contract (MEC)
- Money Map Report
- money market
- MoneyGuard
- MoneyGuide Pro
- MoneyLink, Schwab MoneyLink
- moneys, monies (either is an acceptable plural form of money)
- Moneytree
- Monte Carlo report/analysis
- Moody's and Fitch, Moody's, Fitch and Moody's, etc. (stock ratings similar to Standard & Poor's)
- Morgan Stanley
- Morgan Stanley Smith Barney (MSSB)
- Morningstar, Morningstar report, Morningstar Workstation
- Morningstar Tortoise and Hare portfolios (two types of stock bundles)
- mortgage backed, mortgage-backed securities
- The Motley Fool (financial planning publication)
- Move Money (online banking platform)
- mREIT or MREIT (mortgage REIT)
- MSI Financial Services (MetLife/MassMutual broker/dealer)
- MSIP is not a common term. Please see "EMSIP".
- Muhlenkamp Fund
-
multi-cap
(see also all cap/all-cap, large cap/large-cap, mid cap/mid-cap, small cap/small-cap)
- multi-life discount
- multi-year guaranteed annuity (MYGA) ["MAI-guh"]
- muni, muni bond (short for municipal)["MYOO-nee"]
- Muni and Stock Advantage Fund
- municipal, municipal bond
- Mutual of Omaha
- My Financial Picture (Merrill Lynch service)
- MyMerrill
N
- naked put (option where the investor has no position in a stock)
- NAIFA (National Association of Insurance and Financial Advisors)
- NASDAQ (National Association of Securities Dealers Automated Quotations)["NAZ-dak"]
- Nationwide, Nationwide Financial Services
- Nationwide Destination Navigator, Destination Navigator 2.0
- Nationwide New Heights # (New Heights 7, New Heights 8, New Heights 9, etc.)
- Natixis (banking company)
- Nautilus, The Nautilus Group
- Navient (student loan company)
- NaviPlan
- Nelnet (financial services company)
- nest egg
- net asset value (NAV)
- Net Income with Makeup Charitable Remainder Trust/Unitrust (NIMCRUT)
- net unrealized appreciation (NUA)
- NetExchangePro (NetXPro)
- net worth
- NetX360
- NetXPro (NetExchangePro)
- Neuberger, Neuberger Berman
- Newbridge Securities
- Newcore is not a common term. Please see "Nucor".
- New England Financial
- New Insights Fund
- New Opportunities Fund (New Opps)
- New Perspective Fund
-
new seen (refers to first meetings with clients/prospects)
(NOT new
scene)
- New York Life (NYLife)
- New York Stock Exchange (NYSE)
- NextEra Energy
- Niemann Capital Management
- nightlife/nightlight is not a common term. Please see "NYLife".
- NIMCRUT (Net Income with Makeup Charitable Remainder Trust/Unitrust)
- NMCIR (Northwestern Mutual Consolidated Investment Reporting) ["NIM-ser"]
- NM.com
- NM Connect (a Northwestern Mutual online access program)
- NMIS (Northwestern Mutual Investment Services)["NIM-miss"]
- no-load fund
- non-can, non-cancelable
- non-forfeiture
- non-fungible token (NFT)
- non-IRA
- non-prepaid
- non-qualified
- Northern Trust
- Northrop Grumman
- North Star, North Star Mutual
- Northwestern Mutual
- Northwestern Mutual Connect
- Northwestern Mutual Consolidated Investment Reporting (NMCIR)
- Northwestern Mutual Financial Network (NMFN)
- Northwestern Mutual Investment Services (NMIS)
- Northwestern Mutual Life (NML)
- Novartis (pharmaceutical company)
- Novo Nordisk (pharmaceutical company)
- Nucor
- Nuveen
- NVIDIA Corporation (tech company)
- NYLIAC (New York Life Insurance and Annuity Corporation)
- NYLife (New York Life) ["NIGH-life"]
O
- Oakmark, Oakmark Funds
- Obamacare
- Occidental Petroleum (petroleum/gas company)
- Oceanview Life and Annuity Company
- Ohio National (now AuguStar)
- Ohio Public Employees Retirement System (OPERS)
- oil and gas
- Old Age Security (OAS)
- OmniSource (scrap metal company)
- OneAmerica
- OneDrive, Microsoft OneDrive
- One Card System (OCS)
- One Group, One account
- One North Wacker
- OneNote (note-taking program)
- OneView
- OPEC (Organization of the Petroleum Export Countries)
- open enrollment period
- open-end funds
- Oppenheimer
-
Opportunity Zone (investment designation for low income areas to be eligible for capital gains tax
incentives)
- Optimum Market Portfolio (OMP)
- Option to Purchase Additional Insurance (OPAI)
- Option to Purchase Paid-Up (OPP)
- Optum (UnitedHealth Group subsidiary)
- Oracle (cloud tech company)
- Organization of the Petroleum Export Countries (OPEC)
- Orion, OPS Orion Schwab account, Orion Advisor Solutions
- orphan client
- Osaic (previously Woodbury Financial)
- Outlook invite
- overfund, overfunded, overfunding
-
overweight, overweighting, overweighted
(see also underweight)
- Owl Rock (investment firm)
-
own-occ ["own-ock"], own-occupation (occupation class)
(see also any-occ)
P
-
P&C insurance (property and casualty insurance)
[not to be confused with PNC Financial, PNC Bank]
- PAC (pre-authorized contribution)
- Pacer ETF, Pacer US Cash Cows 100 Index (ticker COWZ)
- Pacific Gas & Electric Company (PG&E)
- Pacific Life, PacLife
- Pacific Premier Trust (formerly PENSCO)
- paid-up addition
- PAIR rider (not to be confused with PERA)
- Palantir Technologies
-
paramed, paramedical exam, paramedical blood and urine, etc.
[not to be confused with "pyramid"]
- Parametric Portfolio
- paraplanner
-
pare down (to reduce)
[not to be confused with pair or pear]
- Parkside Financial
- Parnassus Fund
- Part B, Part D, etc. for Medicare
- Partial Lump-Sum Option Payment (PLOP)
- Partners Group
- payable on death
- Paycheck Protection Program (PPP, PPP Loan)
- Paychex
- Paylocity
- PayPal
- PDIA (Portfolio Deferred Income Annuity) ["puh-DEE-uh"]
- Peakstone Group, Peakstone Realty Trust
- PEGY ratio (price/earnings to growth and dividend yield) ["peggy"]
- P/E ratio (price-earnings ratio, price-to-earnings ratio)
- peacemeal is not a common term. Please see "piecemeal".
- Penn Mutual
- Penn Treaty
- PENSCO Trust Company (now Pacific Premier Trust)
- Pension Protection Act
- PepsiCo
- per diem
- personalized client discretion
- per stirpes ["per ster-peez"]
- PERA (Public Employees' Retirement Association)["PAIR-ruh"]
- period certain
- perm and term (permanent and term life insurances)
- permanent life insurance, perm
- PERS (Public Employees' Retirement System)
- Pershing
- personal investor profile (PIP)
- personal needs analysis (PNA)
- personal planning analysis (PPA)
- Personal Wealth Analysis (PWA)
- Pfizer
- PGIM (formerly Prudential Investment Management)
- PGNE is not a common term. Please see PG&E
- phantom stock
- Philip Morris
- Phillips Edison & Company
- PIA (Personal Investment Advisory)
- piecemeal (phrase used to indicate a process which has been completed in multiple pieces/steps)
- PIM account (Private Investment Management)
- PIMCO, PIMCO Real Return, PIMCO Total Return
- Pinnacle Financial Services
- Pioneer Cullen Value Fund
- PIP (personal investor profile)
- PIPS (public investment programs)
- PIS report (Portfolio Investment Scheme)
- Planned Income Value Input Tool (PIVIT)
- planning department
- PLOP (Partial Lump-Sum Option Payment)
-
PNC, PNC Financial, PNC Bank
[
not to be confused with P&C insurance (property and casualty
insurance)
]
- Polaris
- Policy Owner Services (POS)
- Portamed, Portamedic, Portamedical
- Portfolio Builder
- Portfolio by Design
- Portfolio Deferred Income Annuity (PDIA)
- Portfolio Immediate Income Annuity (PIIA)
- Portfolio Management Tool (PMT)
- Portfolio Navigator
- Portfolio Plus (Portfolio+)
- Positively Premier (Northwestern Mutual)
-
Posting+ (Northwestern Mutual software)
posting plus
- pour-over will
- power of attorney, durable power of attorney (POA, DPOA), springing power of attorney
- Power of the Portfolio
- PowerPoint, PowerPoint presentation
- pre-authorized contribution (PAC)
- Preferred Deposit
- preferred rating
- premier rating
- Premium Rewards, Premium Rewards Visa
- prenuptial agreement, prenup
- price-earnings ratio, price-to-earnings ratio (P/E ratio)
- PricewaterhouseCoopers (PwC)
- PrimeCap, PrimeCap Odyssey
- Primerica
- Principal, Principal Financial
- Principia, Principia Pro, Principia Pro report
- Principium, Principium kit, Principium Mergers and Acquisitions
-
Private Client Services (broker/dealer company)
[not to be confused with Thrivent]
- private mortgage insurance (PMI)
- Private Sales Referral Network (PSRN)
- pro forma
- pro rata ["pro rat-tuh"]
- probate
- ProChoice is not a common term. Please see PruChoice.
- Procter & Gamble (P&G)
- Profits with a Purpose (NOT Prophets)
- profit-sharing plan
- promissory note
- property casualty, property and casualty insurance (P&C insurance)
- prospect
-
prospectus, prospectuses (a document outlining a plan or fund)
[not to be confused with prospective or perspective]
- Protective Life Insurance Company
- PruChoice
- Pruco Life Insurance Company
- Prudent Process
- Prudential, Pru
- Prudential Jennison (now known as PGIM Jennison Energy Infrastructure Fund)
- Pontera (financial advisor software)
- Public Employees' Retirement Fund (PERF)
- Public Service Loan Forgiveness (PSLF)
- pullback
- put spread
- Putnam
- PX Plan, Planning PX, Planning Experience (PX)
Q
- QDRO or QUADRO (qualified domestic relations order)["QUAHD-roh"]
-
QLAC (qualifying longevity annuity contract or qualified longevity annuity contract) ["kyoo-lack"]
- QPRT (qualified personal residence trust)["KYOO-pert"]
- QSIP is not a common term. Please see CUSIP
- QTIP (qualified terminable interest property)
- Qualcomm
- qualified charitable distribution (QCD)
- qualified domestic trust (QDOT)
- qualified non-elective contribution (QNEC)
- qualified suspect (QS, QSes plural)[refers to prospective client referrals]
- qualified longevity annuity contract or qualifying longevity annuity contract (QLAC)
- quant fund
- quantitative analysis fund
- quantitative easing
- quarterly ratchet
- Quest [software]
- quick claim deed is not a common term. Please see quitclaim deed.
- quick pay
- QuickBooks
- Quicken
- QuietCare
- quiet file, dead file
- quilt chart (chart of various funds)
- quitclaim deed
- Qwest [company]
R
- R shares (see also A shares, B shares, etc.)
- rapport ["ra-PORE"]
- rate of return, internal rate of return
- RAVA, RAVA 5 (retirement advantage variable annuity)
- Raymond James
- Raytheon
- RBC Dominion Securities
- RBC Wealth Management
- real estate investment trust (REIT)
- Realtor [Realtor is a trademark and a proper noun]
- recon, reconsideration
- record update form (RUF)
- Redtail
- re-fi, refinance
- Reg 60, Regulation 60
- Reg 600, Regulation 600
- Reg BI, Regulation Best Interest (SEC legislation)
- Regents Bank is not a Common Term. Please see Regions Bank.
- Regions Bank
- registered index-linked annuity (RILA)
- registered investment advisor (RIA)
- registered retirement income fund (RRIF)
- registered retirement savings plan (RRSP)
- REIT, REIT II (real estate investment trust)["reet"]
- Reliance Standard Life Insurance Company
- Reliastar
- Renaissance
- REPAYE Plan (Revisted Pay As You Earn Repayment Plan)
- Replica (data management firm)
- required minimum distribution (RMD)
- restricted stock unit (RSU)
- retail sale of non-deposit investment products (RSNIP) [pronounced "riz-nip"]
- Retirement Analyzer
- Retirement Cornerstone
- retirement income choice (RIC)
- retirement savings plan (RSP)
- RetireUp (retirement modeling software)
- Reuters ["roy-ters"], Thomson Reuters
- reverse mortgage
-
revocable trust
(see also irrevocable trust)
- Reynolds American, Inc. (RAI)
- RIC (retirement income choice) ["rick"], RIC Report
- Richard Bernstein Advisors (RBA)
-
rider (refers to amendments or clauses in insurance contracts)
[not to be confused with "writer" or "underwriter".]
-
RIF (retirement income fund)
(see also RRIF)
- RightBridge
- RightCapital (financial planning software)
- right fit call
- RingCentral
- risk averse (not risk adverse)
- risk profile questionnaire (RPQ), risk profile
- Riskalyze (a risk assessment program)
- rights of survivorship
- risk tolerance
- RiverSource
- roadmap
- Robert W. Baird
- Robinhood Financial Services (not Robin Hood)
- Robo-advisor
- Rochdale, Rochdale Securities ["rock-dale"]
- Rochester, Rochester Muni
- Roth IRA
- Royal Alliance
- Rule of 72, Rule of 88, etc.
- RUF (record update form) ["rough"]
- Russell, Russell LifePoints, Russell 2000
S
- S corp, S corporation
- S&P, S&P 500 (Standard & Poor's 500 Index)
- Safeco, Safeco Insurance
- Safe Harbor
- SagePoint
- Sagicor (insurance company)
- Salesforce
- Sallie Mae
- SAM account, SAM II (Strategic Asset Management)
- Sammons Retirement Solutions, Inc. (SRSI)
- SARSEP (salary reduction simplified employee pension)
- Saskworks
- Satera is not a common term. Please see "Cetera".
- Savings Bank Life Insurance (SBLI)
- Schafer Cullen Capital Management
- Schlumberger (oil and gas services company) ["slumber-jay"]
- Scholars Choice (education savings plan)
- Schwab, Schwab MoneyLink (also known as Charles Schwab)
- Scotiabank
- ScotiaMcLeod
- Scottrade
- Screen Share (software)
- Scudder, DWS Scudder
-
second-to-die
(see also first-to-die and last-to-die)
- Section 79
- sector rotation, sector rotation funds
- SECURE Act, Setting Every Community Up for Retirement Enhancement Act
- Secure Message Center (Merrill Lynch Bank of America service)
- SecureSource
- Securian
- Securities America
- Security Benefit
- seg funds, segregated funds
- segue ["seg-way"]
- Select Portfolio Deferred Income Annuity (Select PDIA)(SPDIA)
- Select Deferred Income Annuity
- Select Variable Annuity
- Select Fixed Annuity
- self-directed, self-directed IRA
- Seligman Investments
- Sentry
- SEP-IRA
- Sequoia, Sequoia Funds, Sequoia Funds, Inc. ["sek-OY-uh"]
- Series #, Series # license (Series 6, Series 7, Series 63, etc.)
- SERP (supplemental executive retirement plan)
- SERS (State Employees Retirement System)
- Securities Investor Protection Corporation insurance (SIPC)
- Servicemembers Group Life Insurance (SGLI)
- SET team (Sales Execution Team)
- sex-neutral rate
- SharePoint [office software]
- Shell, Shell plc (formerly Royal Dutch Shell)
- shell account
- short pay
- short squeeze, squeezing the shorts
- Shield Level Selector (a MetLife annuity)
- short-term
- Shield Level Selector, Shield Level Select (a MetLife annuity)
- Siemens
- Signator, Signator Investors
- Signature Advisory (type of Northwestern Mutual investment program)
- Signature Choice, Sig Choice
- Signature Portfolio, Sig Port, Signature Portfolio Series
- SILAC (insurance company)
- SilverScript (type of Medicare plan)
- SIMPLE, SIMPLE plan, SIMPLE IRA (savings incentive match plan for employees), SIMPLE IRA Plus
- single premium immediate annuity (SPIA)
- Single(k)
- SIPP (Survey of Income and Program Participation)
- SIS (Sound Income Strategies)
- size and style, size and style analysis
- Skandia, American Skandia
- SkyBridge Capital
- sleeve, investment sleeve
- slush fund
-
small cap, small-cap
(see also all cap/all-cap, large cap/large-cap, mid cap/mid-cap, multi-cap)
- smart beta
- SmartOffice
- SmartPad
- SmartWorks
- SMid, SMid Value
- Smith Barney
- Snapchat
- Soap is not a common term. Please see "SOPE".
-
socially responsible funds
(see also ESG criteria)
- Social Security
- SoFi (loan company, short for Social Finance) ["so-fy"]
- solo(k), solo 401(k), solo 401k
- SOPE (Surrender of Policy Endorsement) ["soap"]
- Sound Income Strategies
- Southern Company (utilities company)
- SPDR (Standard & Poor's Depositary Receipts) ["spider"]
- special needs trust
- Special Purpose Acquisition Company (SPAC)
- Spectrum
- SPIA (single premium immediate annuity)["spee-ah"]
- Spider is not a common term. Please see "SPDR".
- split-dollar
- split-funded annuity
- spousal, spousal IRA, spousal RSP, etc.
- spousal lifetime access trust (SLAT)
- springing power of attorney
- SPS Advantage, SPS Advisor
- Standard & Poor's 500 Index (S&P 500)
- Standard & Poor's Depositary Receipts (SPDR)
- Standard Life
- standard rating, standard plus rating
- Standing Letter of Authorization (SLOA), Standing Letter of Instruction (SLOI)
- State Farm
- State Life (typically preceded by a state name e.g. Alabama State Life, Alaska State Life, etc.)
- state planning is not a Common Term, please see estate plan
- State Universities Retirement System (SURS)
- SteelPath
- step-up
- Stifel Nicolaus
- stock appreciation right (SAR)
- stop loss
- Strategic Asset Management account (SAM account, SAM II)
- Strategic Income
- Strategic Income Opportunities
- Strategic Opportunities, Strat Op
- Strategic Portfolio Services (SPS)
- Strategic Value Fund, Strategic Value Dividend
- Strategic Wealth Management account (SWM account)
- strats (short for strategy)
- stretch IRA
- STRS (State Teachers' Retirement System)[prounounced "sters"]
- structured note
- Stryker Corporation
- sub-account
- subadvisor
- sub-asset class
- subpoena ["suh-pea-nuh"] (a writ ordering a person to attend a court)
- subrogation
- sub-S corporation
- succession plan, business succession
- successor trustee
- Sun Life
- SunAmerica
- sunset provision, sunset clause
- SunTrust
- super preferred rating
- surrender charge
- SURS (State Universities Retirement System)
- Survivorship CompLife (SCL)
- Suze Orman (financial advisor, writer, and radio/television personality)
- Swan Defined Risk Fund
- sweep account
- Swip is not a common term. Please see "SWP".
- SWM account (Strategic Wealth Management account) ["swim"], SWM II ["swim two"]
- SWP (systematic withdrawal plan)
- Symetra Financial Corporation
- Symmetry
- Synchrony Bank
- Synovus, Synovus Financial
-
Sysco (marketer and distributor of foodservice products)
(see also Cisco)
- Systematic Payout (SPO)
- systematic withdrawal plan (SWP)
T
- T. Rowe Price
-
T-65, T-70, T-80, T-100, etc. (term 65, term 70, term 80, term 100, etc.)
[refers to duration of term life insurance]
- TABOR (taxpayer bill of rights)
- Tailwag (latest version of Redtail CRM)
- tailwind(s)
- Tamarac, Tamarac Reporting
- target fund
- target-date fund
- tariff, trade tariff
- tax ID number
- tax loss harvesting
- tax-efficient
- tax-exempt bond fund
- tax-free savings account (TFSA)
- tax-sheltered annuity (TSA)
- tax swap
- T-Bill (Treasury Bill)
- TD Ameritrade
- TD Bank
- TD Waterhouse
- Teamsters (labor union)
- tear sheet
- TEFRA (Tax Equity and Fiscal Responsibility Act)
- Templeton Global Bond Fund
- TEMS portfolio
- tenants in common (TIC), joint tenants in common
-
tender offer
(public invitation to stockholders of a corporation to give up their stock for sale)
-
term 65, term 70, term 80, term 100, etc. (T-65, T-70, T-80, T-100, etc.)
[refers to duration of term life insurance]
- term companion
- term conversion
- term life, term life insurance
- Tesla (electric vehicle company)
- testamentary trust
- testate (having made a valid will before death)
- The Fed, the Fed
- The Network Connection (TNC or Network Connection)
- Thermo Fisher Scientific
- third party administrator (TPA)
- Thomson Reuters ["ROYT-urs"]
- Thornburg
- thrift savings plan (TSP), thrift plan, thrift account, etc.
- Thrivent Choice Dollars
- Thrivent Financial
-
TIAA, TIAA-CREF
(see also CREF)
- ticker symbol, stock ticker symbol
- tickler, tickle card
- TIER REIT
- Timber REIT, Timberland REIT
- time horizon
- time value of money (TVM)
- time-weighted
- TIPS (Treasury Inflation Protected Securities)
- tithe (term for paying one-tenth of something as a contribution to a religious organization or compulsory tax to government)
- Tennessee Investment Service Trust (TIST)
- Toews Corporation ["taves"]
- Tomorrow's Scholar (Wisconsin state-sponsored education plan)
- TotalView
- trade war
- traditional IRA
- trailing stop
- tranche ["traunch"]
- Transamerica
- TransUnion
- traunch is not a common term. Please see "tranche".
- Travelers Insurance Company
- TRAX (D.A. Davidson)
- TRICARE
- Trimark
- TriState Capital Bank
- Truist Bank
- Trust Company of America (TCA)
- trusted contact person, trusted contact form, trusted contact
- trusteed IRA
- Trustmont Financial Group
- TurboTax
- turnkey
U
- U.S. Bancorp
- U.S. Bank
- U.S. Trust
- UGMA (Uniform Gifts to Minors Act)
- ultra preferred rating
- ultra-short bond fund
- umbrella policy
- Under Armour (sportswear company)
-
underweight, underweighting, underweighted
(see also overweight)
- underwrite, underwriter, underwriting, underwritten
- unified managed account (UMA)
- uni-k (individual 401k plan)
- Union Central
- unisex rate, unisex discount
- UnitedHealthcare, UnitedHealth Group
-
unitrust
(see also charitable remainder unitrust and CRUT)
- universal life (UL)
- Unum, Unum Provident
- URS (Utah Retirement Systems)
- UTMA (Uniform Transfers to Minors Act)
V
- VALIC
-
valuation
[not to be confused with "evaluation"]
- value add, value added
- VanEck Global Hard Assets Fund
- Vanguard
- Vantage Health Plan
- variable annuity (VA)
-
Variable CompLife (VCL)
(see also ACL, ECL, et al)
- variable life insurance
- variable universal life (VUL)
- Variable Universal Life Prospectus (VULP)
- Vault (data security program)
- Venable (company providing legal services for regulatory compliance, government affairs, corporate and business transactions, etc.)
- Venerable Annuity
- venture capital
- Venture III, Venture annuity
-
vest, vesting period, vesting schedule (to earn rights to a benefit or asset)
[not to be confused with "best" or "invest"]
- Veterans Group Life Insurance (VGLI)
-
viatical settlement (where someone with a terminal disease sells their life insurance policy at a
discount from its face value for cash)
- Virtus
- Vistage
- Vodafone (telecom company)
- volatility
- Voss is not a common term. Please see “Boss” as in “Boss Retirement Solutions”
- Voya, Voya Financial
- Vrbo (Vacation Rental By Owner), similar to Airbnb ["verb-o"]
W
- W.E. Donoghue & Co., Inc.
- W.P. Carey
- W-2, Form W-2
- Wabtec Corporation (railroad company)
- Wachovia
- Waddell & Reed
- waiver, waiver of premium, etc.
- Walmart
- WaMu (Washington Mutual)
- Warren Buffett
- Washington Mutual (WaMu)
- wash-sale rule
- Wealth Management Services, Wealth Management Solutions (WMS)
- Wealth Outlook
- Wealthbox
- WealthBuilder
- WealthCare (HSA provider) [not to be confused with Wellcare]
- WealthLink Investor & Advisor Portals
- WealthPort
- Wealthscape
- Wealthspire Advisors
- WealthVision
- Webex (Note: rebranded from WebEx)
- webinar
- WEG (Wealth Enhancement Group)
- Wellcare (provides managed care services primarily through Medicaid and Medicare) [not to be confused with WealthCare]
- Wellesley Income Fund
- Wells Core REIT
- Wells Fargo Advisors
- Wells REIT
- Western Asset Management
- Western Reserve, Western Reserve Life
- wet signature (term which differentiates from an electronic signature)
- whip (noun: used in business lingo as a reminder/alert, similar to a tickler)
- white paper (report giving information on an issue, used as a sales/marketing tool)
- whole life, whole life insurance
- Whole Life Plus (NML)
- wholesale, wholesaler
- William Blair
- Wilshire
- windfall (a piece of unexpected good fortune, typically one that involves receiving a large amount of money.)
- WisdomTree, WisdomTree Investments
- withdraw (verb), withdrawal (noun)
- Woodbury (now Osaic)
- Woodmen of the World
- Workstation, Morningstar Workstation
- wrap account, wrap IRA, wrap fee, etc.
X
- Xcel Energy
Y
- YChart, YCharts (company/site that provides tools like comparison tables of investments)
- Yacktman Asset Management
- Yacktman Fund
- year to date, year-to-date
- yield curve
- yield to maturity (YTM)
- yield to worst (YTW) (not "yield to worth")
Z
- Zelle
- Zephyr
- Zillow (real estate database company)
- Zoom, Zoom Meeting
- Zscaler (cloud security company)
Although our work consists primarily of financial dictation, we do occasionally receive dictations
related to the medical industry. Below is a small list of "medical common terms" that you may come
across. Note that if it is extremely difficult to understand the speaker, or if there are multiple
unspelled medical/legal/pharmacological terms, the job may need to go to QA per the Reasons for FDS/FQA document.
#
- 12-lead EKG/ECG
A
- A1c test, A1C test (diabetes test)
- activities of daily living (ADL)
- ADD (attention deficit disorder)
- Adderall
- ADHD (attention deficit hyperactivity disorder)
- ADL (activities of daily living)
- a-fib (short for atrial fibrillation)
- ALF (assisted living facility)
- Alzheimer's disease
- amitriptyline
- anesthesia, anesthesiology, anesthesiologist
- aneurysm
- angina
- Arden Courts (nursing home)
- arrhythmia
- arthritis
- assisted living facility (ALF)
- Ativan
- Avandia
B
- basal, basal rate
- BAYADA Home Health Care
- Bayshore, Bayshore Pointe (nursing home)
- Bell's palsy
- blood pressure
- BMI (body mass index)
- BMR (basal metabolic rate)
- body mass index (BMI)
- Brighton Gardens (senior living facility)
- bruxism
- buccal, distal, facial, labial, lingual, mesial, palatal (surfaces of the teeth)
C
- calculus (tartar deposits on teeth)
- caries, dental caries (cavities)
- CAT scan, CT scan (both are acceptable; match transcription to dictation)
- Celexa
- cephalalgia
- citalopram
- Cleveland Clinic
- Comfort Keepers In-Home Care
- COPD (chronic obstructive pulmonary disease)
- Coumadin (drug name)
- creatinine
- crepitus
- Crohn's disease
- Cymbalta
D
- Depakote (drug name)
- Down syndrome
- doxycycline
E
- echocardiogram
- Effexor
- electrocardiogram (ECG/EKG)
F
- fibromyalgia
G
- gastric bypass
- GCM (geriatric care manager)
- genioplasty
- geriatric care manager (GCM)
- gingiva, gingival disease, gingivitis ["jin-ji-vah"]
H
- heart murmur
- hemorrhoids
- Horizon Bay (senior living facility)
- hydroxychloroquine (arthritis medicine, prevents malaria)
I
- ibuprofen
- INR, PT/INR (blood test)
- Invisalign
- intercondylar, intercondylar space
J
K
- Keppra
L
- Lasix
- levothyroxine
- Lexapro
- Lipitor
- Lou Gehrig's disease
M
- malocclusion (poor alignment of teeth)
- maximum medical improvement (MMI)
- Mayo Clinic
- metformin
- MI (myocardial infarction)
- MMI (maximum medical improvement)
- multiple sclerosis
- myocardial infarction (MI)
N
- Neurontin
O
- occlusion (way the teeth fit together)
- ophthalmology, ophthalmologist
- oral and maxillofacial (type of dentistry)
- orthognathic surgery
- osteoarthritis
- overjet
P
- Parkinson's disease
- Paxil
- periodontal, periodontal disease
- PET scan
- post-traumatic stress disorder (PTSD)
- prednisone
- propranolol
- Prozac
- PTSD (post-traumatic stress disorder)
Q
R
- Remdesivir (COVID-19 treatment)
- Ritalin
- Risperdal
S
- Seroquel
- sleep apnea
- stent (not "stint")
- supported living coach
T
- tendonitis
- Timber Pines (senior living facility)
- tinnitus
- TMJ (temporomandibular joint)
- Tylenol
- type 1 diabetes, type 2 diabetes (not "type II")
U
- urinalysis [singular], urinalyses [plural]
- UTI (urinary tract infection)
V
W
- Wellbutrin, Wellbutrin SR
- wellness support coordinator (WSC)
X
- Xanax
- xerostomia ["zero-sto-mee-ah"]
Y
Z
- Zoloft
New Common Terms as of November 2024
General Terms
- Advisor360, A360
- accelerated return note (ARN)
- bar mitzvah (Jewish ceremony commemorating the religious adulthood of a male's 13th birthday)
- bat mitzvah (Jewish ceremony commemorating the religious adulthood of a female's 13th birthday)
- Broadcom Inc.
- CRS, Form CRS (Client Relationship Summary)
- e-sig, e-sign
- GAWA (guaranteed annual withdrawal amount)
- GILICO (Guaranty Income Life Insurance Co)
- Highlands REIT
- mega backdoor Roth, mega Roth
- Nationwide New Heights # (New Heights 7, New Heights 8, New Heights 9, etc.)
- Orion, OPS Orion Schwab account, Orion Advisor Solutions
- PGIM Jennison Energy Infrastructure Fund
- Pontera (financial advisor software)
- Retirement Analyzer (RA)
- right fit call
- risk profile, risk profile questionnaire (RPQ)
- Shell, Shell plc (formerly Royal Dutch Shell)
- Shield Level Selector, Shield Level Select (a MetLife annuity)
- SIS (as an abbreviation for Sound Income Strategies)
- smart beta
- State Life (typically preceded by a state name e.g. Alabama State Life, Alaska State Life, etc.)
- TEMS portfolio
- tithe (term for paying one-tenth of something as a contribution to a religious organization or compulsory tax to government)
- TruStage (formerly CUNA)
- Venable
- vesting period
- WealthPort
- WEG/Wealth Enhancement Group
- wet signature (differentiates from an electronic signature)
- wrap fee, wrap account, wrap IRA, etc.
- yield to maturity (YTM)
Cities and Places:
- Altoona, Pennsylvania
- Breckenridge, Colorado
- Dallas, Ft. Worth, Texas (commonly abbreviated DFW)
- Ft. Bragg, North Carolina
- Ft. Worth, Texas
- Hilton Head Island, South Carolina (often shortened to Hilton Head)
- Myrtle Beach, South Carolina
- The Villages, Florida
Revised
- Clarified CUNA is now TruStage
- Clarified ENY is not a common term with link to Ernst & Young
- Clarified pronunciation difference between MIGA/MYGA
- Added pronunciation of RSNIP "ARR-snip"
- Added pronunciation of SIPC "sih-PICK"
- Added (formerly Ohio National) for AuguStar
- Added I360 as a common abbreviation for Investor360
- Added testate with definition to differentiate from intestate
- Added Mag 7 as a common abbreviation for Magnificent 7
- Replaced "OAS" acronym from "Old Age Security" to "Orion Advisor Solutions"
- Clarified PGNE is not a common term with link to PG&E
Removed Outdated Terms
- 130/30 Strategy
- 15-02
- 7Twelve portfolio/model
- ABN AMRO (Algemene Bank Nederland Amsterdam-Rotterdam Bank)
- Acuity
- Aging Care Advocates
- All Asset Fund
- All Authority Fund
- Alpha Surprise
- Altamira
- Altegris
- APPS, APPS-Portamedic (paramedical services)
- Art of WOW
- Attending Physician's Statement
- banded interest rate, banded rate, age band, age-banded rate
- bear put spread
- Behringer Harvard
- Ben Bernanke
- Beutel Goodman
- BIAM
- Bill Good Marketing Systems
- Bill Gross
- BlueBay Asset Management
- BRI
- Brookfield Finance
- ByAllAccounts
- Callan
- Cambiar Investments
- Carter Validus Mission Critical REIT
- Chamber Street Properties
- ChargePoint (electric vehicle company)
- Configure, Price & Quote (CPQ)
- CPA:14, CPA:15, CPA:17, CPA:17 Global, CPA:16, CPA:18
- Cundill
- Curian Capital
- Cymbria
- Day Hagan Asset Management
- Dean Witter
- Delta variant
- Desjardins
- DeWaay Capital Management
- Digital Fortress (virtual coaching and marketing platform)
- Dogs of the Dow
- Esurance
- ExamOne
- Fairholme Funds
- Fastenal (fastener distributor)
- FastTrack Coach Academy
- file and suspend
- FinaMetrica
- Financeware
- Financial Peace, Financial Peace University (Dave Ramsey course)
- Five Wishes document (advance directive document)
- Focus 2020
- FormulaFolio, FormulaFolios
- FranklinCovey
- FS Energy & Power Fund
- FutureBuilder
- Goldmine
- Griffin-American Healthcare REIT II
- Hanlon Investment Management
- Harding Loevner, Harding Loevner Funds (global asset management firm)
- HARP (Home Affordable Refinance Program)
- Harrison Assessments
- Health Net (health insurance company)
- Healthcare Trust of America (HTA)
- Hilliard Lyons
- HollisWealth
- Home Affordable Refinance Program (HARP)
- Hussman Funds
- Hy-Vee
- ICE Benchmark Administration
- IDEX Corporation (manufacturing company)
- iNAV (intraday net asset value)
- IndyMac
- Innealta Capital
- Julius Baer
- Keeley
- Keller Williams (real estate company)
- KemPharm
- Korn Ferry
- KYC form (Know Your Client form)
- Larkspur Capital Corporation (private investment bank)
- Laser App
- Laserfiche (software company)
- Leuthold Global Fund
- LifeGuide
- LifePoints
- LifeWise
- LIMRA International, Inc. (Life Insurance and Market Research Association)
- Lineweaver Financial Group (financial planning company)
- LiveWell Mutual Fund IRA, LiveWell Variable Annuity
- loan covenant
- LoCorr Funds ["low core"]
- LocumTenens
- Loring Ward
- M Wealth (investment management firm)
- make-whole call, make-whole provision
- Managers Bond Fund
- marijuana ETF, marijuana stock
- Marisco
- MB Financial Inc.
- mean-variance analysis
- Million Dollar Round Table
- Mission Critical REIT, Carter Validus Mission Critical REIT
- Monetta Mutual Funds, Monetta Financial Services, etc.
- MoneyMinder (accounting software)
- Monmouth REIT
- MyStreetscape
- Navellier
- Nesbitt Burns
- NetDocuments, NetDocs
- Network Connection
- NIO (electric vehicle company)
- Office of Supervisory Jurisdiction
- One North Wacker
- Origami Software Systems
- O'Shaughnessy Asset Management
- Pacesetter, Pacesetter 40
- Parent Power
- Peloton (fitness equipment company)
- PennyMac
- Phillips, Hager & North (PH&N)
- Piper Jaffray
- Pitney Bowes
- PIVIT (Planned Income Value Input Tool)
- Portfolio Stabilizer
- Portus
- PowerShares
- Price & Quote
- PrimeTime analysis
- Protected Growth Portfolios
- Protected Growth Strategies
- Protos Security
- Questar Capital
- Rabbi trust
- Raising Financially Aware Kids
- ratchet and quarterly ratchet
- RateTrack (type of annuity)
- RepPro (online form website)
- RiverNorth Capital Management
- Rivian
- Rohrer Corporation
- Ronald Blue Trust
- Royce, Royce Funds
- R-Squared
- Rydex
- Sabrient and Sabrient Bakers Dozen
- SalesLogix (accounting software)
- Santa Clause provision
- Saturna, Saturna Financial, Saturna Sextant Funds
- Savant
- Siebel
- Sionna Investment Managers
- Sprott Asset Management
- Stadion
- State Street, State Street Corporation (financial company)
- Statement1
- Steben & Company
- Strategis
- SunGard
- support coordinator (SC)
- Swiss Re
- switch letter
- Tenet Healthcare
- Terrafive
- Thruway Authority (NY bond company)
- tilt, portfolio tilt
- TradeKing (online brokerage firm)
- Trinlogix
- TRIO Financial Planning
- TrioSource (RiverSource UL policy) [not to be confused with TRIO]
- Turo
- Tweedy, Browne Company LLC
- Tweedy, Browne Global Value
- unconstrained bond fund
- Understanding Complex Financial Instruments
- ValMark Securities
- Van Kampen
- Veralytic Report
- VestVision (H.D. Vest planning software)
- Visual Line (investment research firm)
- WesBanco
- wirehouse
- WriteFit Underwriting
- Wufoo (online form building company)
- Xenia
- yellow card
- ZipRecruiter
