How do I set up a business account with River?
With River, you can establish an account in the name of your business. Housed as a sub-account under the Authorized Individual's account, this account has all River functionality - you can buy, sell, hold, and transfer funds. Unlike a typical brokerage account which allocates all activity to the authorized SSN, a business account can allocate account activity to the titled EIN. If formal onboarding is not pursued, all BTC on the platform will be a part of your personal brokerage accounts.
River’s onboarding process for business accounts is made simple and easy with the help of our dedicated onboarding team! A Relationship Manager will guide you through the onboarding process and be available to answer any questions you have along the way.
There are a few steps included in the onboarding process:
Relationship Manager Introduction - A member of our Relationship Management team will contact you to discuss investment needs and business details.
Document Collection - At this step of the process, documents will be requested depending on your business type and an application will be provided for you to complete.
River Review - River's Compliance team will review your application and documents and provide a status update in 1-2 business days.
Business Account Creation - River will create the sub-account for the business within your authorized user account. You will receive a confirmation email once everything is complete!
To get started, please fill out our intake form or email support@river.com and our team will reach out with next steps!