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What is the process for creating a brokerage account?

SparkGift walks gift recipients through the process of creating a brokerage account, which typically takes 2 minutes to complete online.

  1. Answer a few questions about your identity, including your date of birth and SSN. This is used by the brokerage (Folio) to verify your identify. Federal law requires all brokerages to collect your SSN for identification purposes.

  2. Answer a few questions about your financial background.

  3. Sign the account certification form.