Unlock Global Investment Opportunities with IBKR Folio

In a rapidly globalizing financial landscape, investors require access to a wide range of investment products and services that cater to their unique needs and goals. To address this requirement, Interactive Brokers (IBKR) has introduced the IBKR Folio program, designed specifically for registered financial advisors who want to support clients from over 200 countries and territories worldwide.

Eligibility and Enrollment

To participate in the IBKR Folio program, eligible advisors must register with IBKR and complete a simple application process. Clients of these advisors will also need to provide executed forms authorizing their participation in the program. Existing clients may require an addendum for authorization, while registered advisors must maintain their professional registration status.

The IBKR Folio program offers several key features that enable advisors to effectively manage client accounts:

1. Global Access: With a single, integrated advisor master account, financial advisors can support clients from over 200 countries and territories worldwide.

2. Streamlined Account Management: Advisors can perform various administrative tasks on behalf of their clients, including updating account information, trading permissions, and tax forms.

3. Enhanced Communication: IBKR aggregates, categorizes, and routes communications to the advisor, reducing unnecessary client contact and improving overall efficiency.

Authorization and Consent

Each client must enroll individually and select the powers they wish to grant to the advisor. Available authorizations include performing additional tasks on behalf of clients, such as administrative tasks and moving funds or assets to new locations. Clients may also opt for a simplified approval process for tasks requiring their approval, eliminating the need for login credentials.

Special Programs and Alternative Investments

The IBKR Folio program offers a range of special programs and alternative investments that enable advisors to provide their clients with access to a broader range of investment products and services. These programs include:

1. Banking and Transfer Instructions: Advisors can configure specific features to manage client banking and transfer instructions.

2. Update Account Information: Advisors can update account information, trading permissions, and tax forms on behalf of their clients.

3. Request Electronic Notices: Clients can request electronic notices, confirmations, and account statements only to be sent to the advisor.

The IBKR Folio program is designed to provide registered financial advisors with a comprehensive platform for managing client accounts globally. With its streamlined processes, enhanced communication features, and range of special programs and alternative investments, this program offers a powerful solution for advisors looking to expand their services and support clients worldwide.

Ibkr folio