Knowledge base | sparkgifthelp

What happens when the recipient receives the gift?

Gift recipients will receive an email from SparkGift with instructions on how to redeem their gift.  Gift recipients will be asked to 1) create a SparkGift account, 2) enter into an investment advisory relationship with Spark Advisors, and 3) apply to open an investment account with an unaffiliated registered brokerage (Folio), which will hold their investment.  This process takes most users only a couple minutes to complete. Investments will be purchased at market price that is determined at the next trading window (there are two trading windows per business day: 8am EST and 11am EST).