Before you create a new investment, ensure you have the appropriate Investment Account (Trust Account, Open Account, Etc.) created first.
1. Create an Investment Account by clicking on the Accounts Tab within an Investor profile.
2. Once the account is created, click the + New Investment button within an Investor profile.
3. Go through the 'Create Transaction' screens, adding any notes and details as required.
The system will help confirm suitability based on preset requirements set by the administrator.
*Please note, if you are unable to select an offering, contact your admin to ensure the offering is available to create purchase transactions and KYC approval has been met.
4. Review the investment summary and click ‘Save Order’ once ready.
*The deal is not yet submitted to compliance - you will have access to edit the transaction, complete a final review and add any additional documents or details.
Now that you have created the opportunity for the investor, you will gain access to some additional transaction tabs.
Overview:
Will show a summary of the details of the transaction, the investor, the account, the selling and owning advisor, an activity log and Transaction Notes.
Documents:
Advisors will have access to any documents or marketing materials for the investor VIA the Documents tab. There are three tables within this tab:
Offering Required Documents - Information and materials in relation to the specific offering can be found here.
EMD Documents - This is a document Library that is populated with general trade-related documents.
Transaction Documents - Documents in relation to a transaction can be uploaded here, typically we advise that transaction documents should stay with the transaction and non-trade investor-specific documents and notes would be uploaded into the profile.
Exemption:
This tab allows advisors to define the exemption that supports why the companies, institutional investors, accredited investors, or eligible investors are qualified to purchase exempt securities pursuant to an offering memorandum.
Summary:
This tab shows a summary of the transaction, the investor and some system suitability checks defined by your admin. Any displayed notifications or banners will not restrict the advisor from submitting a transaction, and would only serve as an identifier that more notes or supporting documentation might be required.
Make the transaction document sign-off process quick and painless with our in-app EE-Sign feature. Enabling this feature is an additional monthly fee.
*Please note, in order for investors to receive email communication through EE-Sign, ensure that the EE-Sign toggle is switched on. You can define these settings in the 'Edit Profile' section in an investor profile.
Investor History:
Create trackable, exportable notes about key milestones and conversations about the offering, Account Suitability, Offering Suitability, Redemption Recommendations, etc.
Commission:
Any payable commissions would be tracked within this table. Any changes or adjustments need to be managed by the admin. Please reach out to your company's admin user if any changes need to be made. Advisors do have the ability to define any referrals to the transaction: their default commission split would be calculated, but this can be edited by an admin as required.
5. To send the trade to compliance for review, advisors have two options: to either click Edit Transaction within the transaction details screen and edit the status of the transaction from ‘In Progress’ to ‘Submit for Approval’ (this will lock the opportunity from any further edits), or simply to click the "Submit Investment" button on the Transaction.
