To comply with federal regulations, Harvest must verify the identity and residency of all investors. Review the requirements below to ensure a smooth application process.
1. Eligibility
To open a managed portfolio or IRA, you must meet the following criteria:
Age: 18 years or older.
Tax ID: A valid 9-digit Social Security Number (SSN).
Note: ITINs and TINs are not supported for brokerage accounts at this time.
Residency: A physical U.S. residential address (all 50 states, D.C., and U.S. territories).
Status: You must be a U.S. Citizen, Permanent Resident (Green Card holder), or a valid U.S. Visa holder with at least 90 days remaining.
2. Information Required
The application takes approximately 10 minutes. You will need to provide:
Personal Details: Full legal name, date of birth, and contact information.
Professional Status: Your current employment category (e.g., Employed, Student, Retired).
Regulatory Disclosures: Standard industry questions regarding FINRA affiliation or "Politically Exposed Person" (PEP) status.
3. Approval & Security
Once submitted, your application is processed securely through our clearing partner.
Timeline: Most accounts are verified within 1–2 business days. We will notify you via email and push notification as soon as your account is ready.
Data Protection: Your sensitive information, including your SSN, is encrypted and transmitted directly to our regulated custodian. Harvest does not store your SSN on its internal servers.
Regulatory Compliance: In accordance with federal law, all applicants are screened against standard U.S. sanctions lists (OFAC).
4. Key Account Details
Minimums: You can open an account with $0. Once you choose to fund it, our automated systems begin working with deposits as low as $10.
Flexibility: You may open up to three separate brokerage accounts to organize different financial goals.
Credit Impact: Applying for a Harvest account involves no credit check and will not impact your credit score.
Not Eligible Yet?
If you don't currently meet the requirements for an investment account, you can still join Harvest Learn. Our educational platform is free and provides full access to our biblical stewardship modules, allowing you to build your financial foundation while you work toward eligibility.
Ready to get started? Have your SSN and employment details ready. If you have specific questions regarding your residency status, please reach out to us at support@harvestapp.com.