Glossary

0-9ABCDEFGHIJKLMNOPQRSTUVWXYZ

4

4 Alpha

4 Alpha is an actively managed, undiversified, low-turnover equity investment strategy in which clients typically directly own stocks.

4 Beta

4 Beta is a diversified, low turnover equity strategy in which clients typically own ETFs.

A

ADB

Average Daily Balance

Addepar

A comprehensive wealth management platform that aggregates and analyzes financial data, providing advisors with a complete view of client portfolios, including access to their monthly statements.

ADV2A

ADV2A

Form ADV Part 2A, often called the "Firm Brochure," is a mandatory disclosure document that registered investment advisers (RIAs) must provide to clients. It gives a comprehensive overview of the advisory firm, including its services, fees, conflicts of interest, and overall business practices.

ADV2B

ADV2B

Form ADV Part 2B, commonly referred to as ADV 2B, is a brochure supplement that provides disclosures about the individual investment advisor representatives (IARs) who work with clients on behalf of an advisory firm.

AUM

Assets Under Management

C

Charles Schwab

A major brokerage and custodial platform used for managing investment accounts.

CTA

Call to Action

D

DocuSign

An electronic signature solution used to securely send, sign, and manage documents electronically.

F

FGAM

Financial Gravity Asset Management (FGAM): A registered investment advisor providing a turnkey asset management platform for investment portfolio management.

FGEM

Financial Gravity Enhanced Markets (FGEM): An independent marketing organization (IMO) managing agents and assisting clients with annuities and life insurance solutions.

FGFOS

Financial Gravity Family Office Services (FGFOS): A registered investment advisor and fractional family office offering financial planning and investment advisory services.

FGLS

Financial Gravity Legacy Services (FGLS): An advanced planning firm that specializes in handling complex cases by utilizing legal instruments like trusts and implementing enhanced wealth strategies to optimize and transfer wealth in a highly tax-efficient manner.

FGTS

Financial Gravity Tax Services (FGTS): A tax services firm specializing in tax returns, strategic tax planning, and tax projections.

Fidelity

A major brokerage and custodial platform used for managing investment accounts

Firelight

A digital e-application and workflow platform used to streamline insurance and annuity product sales and processing.

FOD

Family Office Director

FOP

Family Office Partner

I

IAR

Investment Advisor Representative

IFOD

Independent Family Office Director

IMO

(Independent Marketing Organization): A company formed by independent life insurance agents, serving as a bridge between insurance carriers and independent agents.

Incomize

A tool designed to simplify retirement income planning by helping advisors create income strategies that align with client goals and timelines, for Legacy and Business Planning it is a cornerstone.

Intake Risk Category

Risk Category filled out by client on their intake form

IPS

IPS

An Investment Policy Statement (IPS) is a formal, strategic document created between a financial advisor (or portfolio manager) and a client that outlines the rules and guidelines for managing the client’s investment portfolio.

M

MFO

Multi Family Office

MRC

MyRIACompliance

N

NIGO

Not In Good Order - This term refers to documents, applications, or transactions that are incomplete, inaccurate, or otherwise do not meet the required standards for processing.

P

Pontera

A secure platform that enables financial advisors to manage and trade within held-away retirement accounts on behalf of their clients. It allows retirement savers to receive professional guidance on their 401(k) investments without needing to transfer assets.

Q

QCD

Qualified Charitable Distribution

R

Real Risk Number

This term is often used in conversation, and usually refers to the Real Risk Tolerance

Real Risk Score

The risk of the underlying security, when aggregated by weighted average of a portfolio's holdings is the portfolio's real risk score.

Real Risk Score Category

The correlating risk category determiend by the real risk score

Real Risk Target

The risk of the asset allocation aligned closely to the Real Risk tolerance chosen by the client

Real Risk Tolerance

This is the number representing the risk a client is willing to take with their portfolio (from the Risk Meter)

Real Risk Tolerance Category

The correlating risk category determined by the real risk tolerance

RIA

Registered Investment Advisor

RightCapital

A powerful financial modeling and planning platform that offers tools for retirement, tax, insurance, education planning, charity strategies, and much more in a client-friendly format.

Risk Meter

A risk assessment tool that evaluates a client's risk tolerance and provides a visual representation to guide investment decisions based on behavioral science.

RMD

Required Minimum Distribution

S

Simplicity

A financial product distribution and marketing company that supports advisors with tools, products, and services—often focused on insurance solutions.

T

TAMP

Turnkey Asset Management Program

Tax Architect

A tax planning software that models sophisticated tax scenarios and strategies to help optimize after-tax income for clients, best for Legacy Planning and Business Planning.

TBP

Tax Blueprint (TBP): A personalized tax savings strategy designed to help clients and businesses implement effective tax-saving measures.

TMA

Taxes First, Then Math Analysis

TMN

Tax Master Network (TMN): A tax strategy firm offering customized tax blueprints to help clients and businesses optimize tax savings.

TSE

Tax Savings Estimator

TWR

Time Weighted Return

U

UFOD

Unlicenced Family Office Director