At Vest, your safety and investing experience are our top priorities. As part of our commitment to transparency, account protection, and regulatory compliance, we periodically ask you to update your personal and financial information.
This may feel like just another formality, but it’s much more than that: it’s a critical practice to protect your money, your investment decisions, and your overall experience on the platform.
Why is it important to update your information?
To protect you and your investments
Knowing your current situation helps us detect suspicious activity, prevent fraud, and keep your account safe.To offer you a better experience
With an updated profile, we can tailor recommendations, products, and services to your real needs.Because it's a regulatory requirement
As a FINRA-regulated broker-dealer, we're required to periodically verify the information of all users. This includes personal data, financial status, and other key elements to protect the financial system.Because things change—and so do you
Your personal and financial situation evolves over time: new job, moving countries, increased income, or changing your investment goals. Keeping your information updated ensures we stay aligned with you.
Is this just a one-time process?
No. This update is part of a recurring cycle. Depending on regulations, your account behavior, or internal needs, we may request this verification more than once a year.
In short
Updating your information is:
Mandatory, but more importantly, helpful for you
A way to protect your account
A tool to improve your investing experience
Part of our compliance with FINRA