Adding an Account

R-Desktop : Working with Accounts : Adding an Account

Adding an Account

An account can be opened for an existing client. This is done on the Client Overview screen.

When you add an account, you must indicate information about persons related to the account and specify their role, such as account owner or spouse. These persons and the roles they hold in relationship to the account are known as ‘related parties’. In order to specify someone as a related party, the person must be entered as a client in R•Broker.

The Add Account dialog contains multiple tabs that may or may not, depending on options selected, have to be filled out before completing the account open process. These tabs can be accessed either by selecting them at the top of the dialog or clicking the Next button at the bottom of the dialog.

Note:

There are two possible Joint Applicant tabs. Which tab appears depends on license. Both are described in this section.

The Add Account screen has the following tabs that are all a part of the account opening process:

• Add Account—Applicant tab

• Add Account—Registration Details tab

• Add Account—ITF Owner tab

• Add Account—Joint Applicant tab

• Add Account—Joint Applicant tab (licensed)

• Add Account—Additional Information tab

• Add Account—Account KYC tab

• Add Account—AML Details tab

• Add Account—Questions tab

To open an account

1. From the Client Overview screen, select Add Account from the More... drop-down list. The Add Account dialog appears.

2. Fill out the fields on all relevant tabs, then click Add Account. The account is set up for the client.