ACH AUTHORIZATION

ACH instructions allow clients to link their bank accounts to their brokerage accounts. Once this link is

established, clients may request periodic or one-time electronic deposits and withdrawals:

Provide the Pershing account number,

ABA (routing) and DDA (account)

numbers, bank information, and bank

account type

Standing instructions are used for making one-

time withdrawals and deposits between the bank

and brokerage accounts. If "Standing Instructions

Only" is selected, no other options may be

selected. Please note that standing instructions

are automatically created when periodic deposits

or withdrawals are established. A separate form is

not necessary for this.

Pay principal will send a set amount to the bank

account each time. Pay income will send the

dividends and capital gains from the holdings

(rep must first access NetX360 to set the

dividend reinvestment to "Cash"). Retirement

accounts also require an IRA Distribution

Request form.

Choose either SRS ACH (for systematic mutual

fund buys) or periodic deposits. For retirement

accounts, the specific contribution type must be

selected.

Please select the frequency of the withdrawals or

deposits (does not apply to "Standing

Instructions Only").

Enter the amount and select a start date. Please note

that the start date cannot be in the past and must be at

least one business day from the date of upload to allow

time for Pershing approval.

Pershing will only accept the above.

All account owners at bank and

Pershing must sign.