How Long Does Account Setup Take?

Account Setup
Timeline
Complete timeline and requirements for new account setup from initial consultation to full investment.
Published

August 31, 2024

Standard Timeline

  • Initial consultation: Same day or within 24 hours
  • Account opening paperwork: 2-3 business days
  • Account funding: 1-5 business days depending on method
  • Investment implementation: 1-2 business days after funding
  • Total time to full investment: 5-10 business days

Required Documentation

  • Government-issued photo ID
  • Social Security card or tax documents
  • Proof of address (utility bill or bank statement)
  • Employment verification (if required)

Process Steps

  1. Discovery Call: Discuss your goals, values, and investment approach
  2. Account Application: Complete Altruist custodial paperwork
  3. Identity Verification: Standard KYC (Know Your Customer) process
  4. Funding Setup: Link bank accounts or initiate transfers
  5. Strategy Implementation: Begin investing according to your chosen approach
  6. Welcome Package: Receive access to client portal and resources

Funding Options

  • ACH Transfer: 3-5 business days (most common)
  • Wire Transfer: Same day processing available
  • Check Deposit: 5-10 business days
  • Account Transfer: 2-6 weeks depending on complexity

What We Handle

We manage all aspects of the setup process, providing guidance and support throughout to ensure a smooth transition to ethical investing.