As part of maintaining an accurate trading plan and client record, it’s important to monitor and either accept or delete unconfirmed actions from a client's Summary page.
Gemifi has no way of determining if a future scheduled action actually occurred, which is why we recommend Advisors regular monitor and review scheduled events.
What is an unconfirmed action?
When a client has a vesting schedule or a primary trading plan that includes future actions, as time moves forward, actions that were once in the future will move into the Unconfirmed Actions section. An advisor will need to verify the actions and either confirm, or delete them.
If an unconfirmed action is due to a trading plan, it's can only be pulled from the primary trading plan. Any plans that are not marked as primary are not assumed to be executed, and will not create unconfirmed actions.
How to handle an unconfirmed action
1. Any unconfirmed actions, will appear on a client's Summary page in a section called Unconfirmed Actions. This section will only appear when there is an active action available.
2. The Advisor should then confirm the Quantity, FMV, and Date. If edits are needed and to confirm the action, select the pencil icon under the Actions column.
3. When the Date, Quantity, and FMV are confirmed as accurate, select the Confirmed checkbox to the right of the FMV column. Once selected, click the Checkmark button under the Actions column. This will confirm the action and remove it from the Summary page.
4. Alternatively, if the action is no longer relevant, click the Trashcan icon under the Actions column to delete it. A confirmation will appear asking you to confirm that you'd like to delete this action before it is permanently deleted.
5. Any actions that are confirmed, will then appear in the Taxable Activity Report in the Reports section and the Historical Actions and Vesting Schedule sections of the client’s trading plan.