Create Additional Account

US based Advisors can create additional accounts of different types for US based clients from either an existing client account or from an unapproved application. This process reuses the information on an existing application and applies it to the new application. Advisors will only be required to provide the additional information needed to complete the new application. Each account created will generate a separate PDF which will need to be signed by the client and submitted for processing.

As an example, Advisors who complete an individual application for a client can use this feature to create a linked joint application for the same client. On the new joint application, the advisor would only need to input information for the additional joint holder as we would use information from the individual application for the primary holder.

The following account types are eligible to use this process:

  • IRA

  • Joint

  • Individual

Accounts will be created with the following characteristics:

  • Clients will be able to access all linked accounts in Portal using a single user name.

  • Advisors can create multiple linked accounts for their clients.

  • Once linked accounts have been created, clients can perform any action such as modify trading permissions or transfer funds for a specific linked account.

  • Linked accounts must be separately funded. Internal transfers of funds are not allowed between different account types.

To Create an Additional Account:

  1. Complete an application for a new client or select an existing client.

  2. Click Menu in the top left corner > Contacts. Search for the newly created account or existing client and click the i information Icon.

  3. Under the Client Configuration page on the right hand side, select Create Additional Account

  4. You will be presented with the below window.

    You can have your clients with open IB Accounts use DocuSign to create additional accounts. For more information on this feature, click here.

  1. Select the account type desired for the new, linked application. Advisorswill then be prompted to complete the missing portions of the new application.

  1. Upon selecting the Create Duplicate Account button, a confirmation pop-up will appear. The client must now sign off on this request by logging into the Portal and navigating to the Home page > Blue Bell icon in the top right corner > Pending Items.

Rules for account duplication

  • Only Advisor Clients and Broker Client can be duplicated.

  • Only Client accounts can be duplicated.

  • 3T Clients are not allowed.

  • IBUKL cannot be duplicated.

  • PAB’s cannot be duplicated.

  • MMCs and Partition children cannot be duplicated.