Opening Your First Account
Opening Your First Account
Starting your wealth management journey is straightforward. Here's everything you need to know about opening your first account with us.
Eligibility Requirements
- Minimum age of 18 years (or age of majority in your province)
- Canadian resident with valid SIN
- Minimum initial investment of $250,000
- Valid government-issued photo ID
Account Opening Process
1 Initial Consultation - Meet with an advisor to discuss your goals
2 Complete Application - Fill out account forms online or in-person
3 Identity Verification - Provide required documentation
4 Fund Your Account - Transfer initial investment
5 Investment Selection - Work with advisor to build portfolio
Required Documents
Tip: Having these documents ready will speed up the process.
Identity Documents (need 2)
- Driver's license or passport
- Birth certificate or citizenship card
- Recent utility bill or bank statement (for address)
Financial Information
- Recent pay stub or employment letter
- Previous year's tax assessment
- Investment statements from other institutions
Timeline
| Step | Typical Duration |
|---|---|
| Application review | 1-2 business days |
| Account approval | 2-3 business days |
| Fund transfer | 1-5 business days |
| First investment | Next business day after funding |
Initial Funding Options
- Electronic transfer: From existing bank account (most common)
- Wire transfer: For amounts over $100,000
- Transfer in-kind: Move existing investments without selling
- Cheque: Personal or certified (may delay account activation)
What Happens Next?
Once your account is opened and funded:
- Receive welcome package with account details
- Get login credentials for online portal
- Schedule portfolio review with your advisor
- Begin receiving monthly statements
Can I open an account online?
Yes, you can start the application online. However, you'll need to meet with an advisor before investing to ensure our services match your needs.
What if I don't have $250,000 to invest?
Consider our digital wealth solution for investments starting at $25,000, or speak with an advisor about future planning.
Ready to Start? Book your consultation online or call us at 1-800-XXX-XXXX to begin your wealth management journey.