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Client Applications

To trade for your clients, you must first “add” them to your Advisor account. As the Advisor Master, you are the only one who can add clients to your Advisor account. Adding a client requires that you:

• Add an account by having the client apply for an IB account.
• Configure client fees
• Set trading permissions
• Have the client fund the account
• Check client account funds status

To add an existing IB customer as an advised client, the client needs to log into Account Management and select Link Account to Advisor/Broker from the Account Administration menu. Note that requests to link accounts must be approved by advisors prior to 2:00 PM on Friday. Those requests which are approved will be processed every Friday at 3:00 PM.

Advisors have two options for completing client applications; however, some may be limited to the fully electronic method due to regulatory and other considerations. Decide which method to use based on the characteristics and preferences of you and your client:

• Fully Electronic (for fastest processing) - You send an invitation to your client, who completes an electronic application online. Advisors can create client account templates in Account Management to save and re-use certain information for new client account applications.
• Semi-Electronic with paper signature - You and your client complete an electronic application online. At the end of the process you print the application for your client to review and complete the deposit instructions and the security questions and answers section. The client then signs the application and sends it to IB Account Processing.

You can log into Account Management at any time to see the status of your clients' applications. Advisors who want to open additional accounts for themselves at a later time must use one of the three methods listed above.

In all cases, the completed application must be sent to IB for processing.

For additional information on all of the application methods, see the Add an Account topic in the Account Management Users’ Guide.