Questions?
We have answers

Joint accounts

A joint brokerage account is shared by two individuals. Joint brokerage accounts are most commonly held by spouses, but are also opened between family members, such as a parent and child, or two individuals with mutual financial goals, such as business partners.

We offer the following type of joint brokerage account:

  • Joint Tenants with Rights of Survivorship: Both owners have equal rights to this type of account. If one owner dies, the survivor will inherit the decedent’s share of the account.

If you want to open a joint account, you and the other account holder must create individual accounts first. Once that step is finished, each account holder must email support@passfolio.us separately and provide us the following information: 

  1. Name of the other account holder;
  2. Email of the other account holder;
  3. Who will be the primary user.

We will then proceed to create the joint account.


Please review carefully our brokerage account agreement located at: https://legal.drivewealth.com/customer-account-agreement, as it contains specific language applicable to joint accounts.

SUGGESTED READINGS

How does Passfolio work?

Passfolio is a mobile trading app on a mission to expand the global economy by giving people around the world access to US stocks...

Fund your account

To make a deposit, open your Passfolio app and follow the steps: 1) Click on Transfer; 2) Click on Deposit; 3)Click on Deposit to account...

Who is the owner of the stocks when you buy them?

You have all ownership rights and are registered as the beneficial owner of any stock you buy in Passfolio. That means every dividend and...

Share article
Copied!