Investor Accounts are the legal entities that your investors use to commit to a position in your offerings. All agreements, documentation, contributions, and distributions are associated with Investor Accounts. While investors can create an unlimited number of Investor Accounts of several different types, you can also add them on their behalf.
Each Investor Account has its own page with details about the account. The summary data is in the header while the detailed information is organized into three sections:
Account Information - on the left side of the page
Investments - on the right side of the page
Payment Instructions - at the bottom on the left side of the page
The account information consists of:
Contact (Account Administrator) - the name of the person managing the Investment Account and receiving all correspondence concerning investment activity. The person identified here must already be included in your Contacts.
Investor Account type - Choose from Corporation, Employee Benefit Plan, Individual, IRA, Joint Ownership, Limited Liability Company, Limited Partnership, Trust
Entity Name - Legal Investor Account name (e.g. Olivado LLC)
Tax ID type - Choose from EIN, SSN, Foreign Tax ID
Tax ID - Enter the number for the tax type you selected.
Date of birth - Only required if the Investor Account Type is "Individual"
Account Address - Provide the legal address for the account
All investments this Investor Account is holding are listed, showing
Distribution payments are paid to the Investor Account, not the investor directly. Payment instructions are maintained with the Investor Account and are required so that distribution payments can proceed without error. There are three possible options for the method of payment and each requires details to fully define the payment instructions.
ACH Direct Deposit
If you have more questions or feedback, please use the live chat in-app (located in the bottom right corner) or contact firstname.lastname@example.org.