Information needed to open an account
The information below is required to open an account. The team may ask you for additional information or clarification. Supplemental documentation may be required.
✅ Required Information for All Accounts
- Full legal name(s)
- SSN(s)
- Date(s) of birth
- Citizenship status
- Residential address(es)
- Mailing address (if applicable)
- Mobile phone (for SMS verification)
- Email address
- Employment status
- Occupation type (if applicable)
- Employer (if applicable)
- Employer address (if applicable)
- Broker-dealer or FINRA association (Y/N)
- Officer of a publicly traded company (Y/N)
Optional Information for All Accounts
- Trusted contact information
- Bank account information (for Moneylink)
- Contra Account Statements (if transferring from outside of Schwab)
➕ Additional Requirements by Account Type
Individual / Joint
- All info in "Required for All Accounts"
- Source of funds
- Purpose of account
- Add Investor Checking (optional)
- Add Margin (optional)
Traditional IRA / Rollover IRA / Roth IRA
- All info in "Required for All Accounts"
- Plan information required (ask team for details)
- Beneficiary information
SEP IRA / SIMPLE IRA
- All info in "Required for All Accounts"
- Plan information required (ask team for details)
- Beneficiary information
Trust Account
- All info in "Required for All Accounts"
- Full trust document or Certification of Trust (must be signed)
- Source of funds
- Purpose of account
- Add Investor Checking (optional)
- Add Margin (optional)
Inherited IRA / Inherited Roth / Inherited 401(k)
- All info in "Required for All Accounts"
- Death certificate
- Decedent’s full name, SSN, DOB, DOD
- Beneficiary Information
Entity Account
- All info in "Required for All Accounts"
- Entity documents (e.g., Articles of Incorporation, Operating Agreement)
- Additional entity information required (ask team for details)
UGMA / UTMA
- All info in "Required for All Accounts"
- Minor’s full information
- Successor custodian (if applicable)