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What do I need to open an individual account?
What do I need to open an individual account?

All the requirements to open an investment account in your name.

Mitchell Datson avatar
Written by Mitchell Datson
Updated over 10 months ago

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All the requirements to open an investment account in your name.

InvestSMART will require the following details during the application process for individuals looking to open a Professionally Managed Account (PMA).

  • Full Name

  • Date of Birth

  • Residential Address

  • Phone Number (Landline/Mobile)

  • Email Address

  • Tax File Number (AUS) or Tax Identification Number (O/Seas)

  • Australian Bank Account details

    • (BSB & Account Number)

  • One Additional Source of Identification

    • (Australian License/Medicare/Passport)

Like all account types, you'll be asked to specify:

  • an initial Investment Amount

  • the Investment Model(s)

  • the Investment Allocation(s)

  • any Income Preference

  • a Regular Contribution Plan

  • a Regular Withdrawal Plan

Overseas or not an Australian Citizen?

If you're currently living abroad, paying tax abroad or simply not an Australian citizen, then please use the article below to view some additional information about your application requirements.

If you've got all the information you need to get started click the button below to start your application. 

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