Get new accounts open and funded on the first try
A ready-made account opening workflow for RIAs. Clients pick accounts, upload ID and sign in your portal. Your team opens, funds and invests.
- Steps
- 11 steps
- Typical length
- 1 to 2 weeks
- Who’s involved
- Client and spouse, Financial advisor, Compliance officer, Operations, Portfolio manager
- Works with
WealthboxSalesforce
DocuSign
Google Drive
SharePoint
The workflow, step by step
Click any step to see who does it, when it starts and what the client sees.
- 1
Choose accounts
2 steps - 2
Documents and signatures
3 steps - 3
Open and fund
4 steps - 4
Invest and welcome
2 steps
New accounts stall on one blank field
A missing beneficiary or a mismatched name sends the paperwork back, and the money waits at the old firm.
Questions that fit the account
A trust gets trust questions, an IRA gets beneficiaries. Nobody fills in what doesn't apply.
Checked before it goes in
Compliance and operations review the signed package before the custodian ever sees it.
Transfers stay on someone's list
Every outside transfer is a task until the assets land, so nothing ages quietly.
- Choose the accounts to open
- Confirm details and goals
- Upload ID and account documents
- Read the account terms
Put this workflow to work
See it running in a portal with your firm’s logo and colors.
Implement this workflowIt's the set of steps every new custodial account goes through, from choosing the registration to the first allocation, run the same way each time. In Hubflo, client steps show up in their portal and your team's steps show up as tasks.
