Become a PPSI Rep

You’ve made the right choice, now here is a step by step guide to licensing with PPSI. Don’t worry, your transition specialist (TS) will be your guide throughout the entire process. Six back, relax and let us welcome you home to PPSI!

  • Come Home to PPSI
  • Compliance Frustration
  • Avoid Transition Headaches
  1. Contact our transitions department 800.722.2999 X 117 and supply them with your contact information. You will be assigned a TS to guide you through the process, who will supply you with a prehire authorization form and answer any immediate questions you may have regarding the transition process. Fax the New Rep Prehire Authorization form to 916-362-7706. If you intend to answer “yes” to any of the U4 disclosure questions or have any previous “yes” answers, please include a brief explanation as to the occurrence(s). Please keep this form and include with other paperwork you will submit later to PPSI.
  2. Complete a phone interview with your TS to start the process of making your home PPSI. From this interview, your forms will be created and emailed to you. Most of the items will be pre-filled out for you, but please review this carefully so no areas are missed or incorrect. You will also have to sign wherever needed. A fingerprint card will be provided for you to complete. It is imperative that you use the card supplied, as it has special FINRA information encoded on it and FINRA will not take any other form of fingerprinting.
  3. U-4 processing: You will receive a password for the FINRA U-4 processing. Here, you will verify your information within the system and provide any updates to the applicable sections. Upon completion, your TS will submit your U-4 based on the date you’ve requested. Licensing fees must be received before your U4 can be processed.
  4. Print your pre-filled out forms from the email. All forms are needed prior to licensing with PPSI.
  5. Forms you will return:
    • Supervisory Procedures Manual Acknowledgment
    • Gifts & Gratuities Form
    • 3030 Outside Business Activities Form
    • Licensing Costs Form
    • Direct Deposit Form
    • Selling agreement
    • Reappointment form for VUL and VA carriers
    • Investment Advisory Agreement
    • Investigo sign-up Form (over $25K GDC required)
    • Laser App sign-up (optional)
    • Block transfer form (if your current b/d is approving one)
  6. Decide on your technology plan:
    • Export database to: Laser Apps or Investigo (2 – 3 weeks is necessary for Investigo to complete this process for you)
    • Did your b/d have Investigo? If yes, do you want the old database exported to our b/d?
    • Acquire software training most necessary for transition
    • Laser apps training schedule
    • Investigo training schedule
    • Money Guide Pro training schedule (if applicable)
  7. Our transitions team will draft your clients’ transition paperwork. There are several ways to do this including:
    • Without a block transfer: Initial announcement letter, allowing the clients to opt out for privacy reasons. This letter includes an enclosure of our privacy policy. Once the time period is over, your TS will print all client paperwork for you and administer the mailing. These forms will include:
      1. New Account Form
      2. New Business transmittal
      3. Change of Broker/dealer forms
    • Block transfer: Negative response letter will allow the clients to opt out of the block (our privacy policy is enclosed also). After the allotted time period, the block transfers will be done (your TS will send out our block transfer forms to your old b/d and process them when we reach this date). Additionally, your TS will do a mailing of your clients’ forms needed for our compliance department which will be needed for every client’s file:
      1. New Account Form
      2. Privacy Policy Disclosure page – hand out only, no signature required
      3. New Business Transmittal
Users Login