This article provides a step-by-step guide on how to open an Advisor Managed Accounts for your donor advised fund.
Invite Your Client to Join Give
To get started with opening an Advisor Managed Account, ensure the client has completed the set up of their Give account. Follow these steps to complete the account set up.
Inform the TIFIN Give Support Team
Reach out to care@tifingive.com with the subject line, "Request to open Schwab AMA"
The support team will then send you a secure link to a folder which includes pre-filled form templates with GiveClear's (the client in this case) information you'll need to fill out the paperwork. Below are the forms you will need:
Schwab One Account Application for Incorporated Organizations
Limited Power of Attorney (LPOA) for Investment Advisor
Check Writing form
Two Moneylink forms
Grant Distribution account
Operating account (fees)
Fill out the New Account Paperwork
Fill out the new account paperwork. Please reference the new account form within the box folder for all of GiveClear's information
Fill out the LPOA form
Once the account is opened, send an email to care@tifingive.com with the account number and the schedule 1 details (attached to this article)