What types of accounts can an online investor open with CompassWeb Brokerage?

How do I open a(n):

Individual Account?

Joint Account?

IRA Account?

Qualified Plan account?

Custodial Account?

Estate or Trust Account?

Corporate or Partnership Account?

Investment Club Account?

What is a:

Transfer on Death Account?

Cash on Hand Account?

To request material to open any type of qualified plan, please click on the Customer Service button, then check the box for the type of qualified plan you are interested in, and any other forms you wish to receive. Due to the complex nature of qualified plans, we strongly recommend working with one of our Personal Investment Officers to decide what plan is best for you and to help you set up and administer that plan. To speak to a Compass Personal Investment Officer, please call 1-800-COMPASS.

If you would like to invest money for a minor-perhaps for a childŐs education-under the Uniform Gifts to Minors (UGMA) or Uniform Transfer to Minors (UTMA) Act in you state, consider opening a custodial account. There may only be one custodian and one minor per account, and custodians must be 18 years of age or older. The minor is the sole owner of the account, and is the designee for payment of taxes on any income or gains generated from the account. Thus, the minors social security number is used when opening the account. Please note: different tax consequences may apply for minors of different ages. Please consult your accountant or any pertaining tax laws if you are unsure of these tax consequences.

The account registration is maintained in the name of the custodian for the minor (e.g. John Smith custodian for John Smith, Jr. Under the UGMA/UTMA, state of "X". Until the minor reaches the age of majority in the state of his residence, the custodian directs and manages all investment decisions for the account. The custodial relationship is automatically terminated when the minor reaches the age of majority of the state of his residence, and the minor becomes sole owner. All gifts under the act are irrevocable when given.

To open a custodial account, you may wish to simply complete an online application. Click on the Apply Online button and choose Custodial Account Application. Your account should be activated within one business day of receipt of your completed online application, and is subject to the terms of the customer agreement.

You may instead wish to apply by telephone. To do so, simply call 1-800-COMPASS and provide our investment services representative with the required information. The completed form will be mailed to you for your signature (PLEASE NOTE: we are required to withhold 31% of proceeds of sales, dividends, and interest paid through your account until we receive your returned, signed application). Your account should be activated within one business day of our receiving this information and is subject to the terms of our customer agreement.

You may wish to apply by mail. Click on the Customer Service button, then select Request Forms. Check the box marked Custodial Account Application, and any other forms you wish to receive. You should receive the application within 10 days. To prevent processing delays, please answer all questions on the application. Your account should be activated within one business day of receipt of your completed application, and is subject to the terms of our customer agreement.

Securities and Investment Products are not FDIC insured, may lose value and have no bank guarantee.