Arta TechFin Account Type

Arta TechFin offers two main types of accounts for its members at their broker/dealer and custodian, BNY Mellon | Pershing:

• Self-Managed Account:
• Purpose: This account allows for self-directed trading of securities such as stocks and ETFs. It acts as a holding area for cash before it is allocated to specific investments.
• Functionality: All funds deposited into Arta initially land in the self-managed account. While waiting for deployment, these funds are invested in a money market fund to accrue interest. When an investment is liquidated, the cash is deposited back into this account for further investment or withdrawal.
• Full-Discretion Account:
• Purpose: Arta has full discretion over this account, which includes trading, portfolio allocation, and rebalancing.
• Functionality: Funds are transferred from the self-managed account to the full-discretion account when an AI-managed portfolio (AMP) is created.

For more details, visit: Arta Finance Account Types

Arta TechFin Broker Account Opening Process

The process of opening an account with Arta TechFin involves several steps:

• Create Your Arta Account:
• During the account creation process, Arta will verify your identity, which typically takes 2-3 days. If additional information is needed, you will be contacted via email.
• Open Investment Accounts:
• After verification, Arta will open two accounts on your behalf:
• A Self-Managed Account for self-directed trading and holding cash.
• A Full-Discretion Account for managed investments.
• Fund Your Accounts:
• You can transfer funds into your self-managed account, which will be placed in a money market fund to earn interest. Funds can also be allocated directly to alternative investments or AI-managed portfolios.
• Receive Statements:
• You will receive statements and communications from Pershing, which can also be accessed through the Arta mobile app.

For more information, visit: What Happens When I Become an Arta Member