Capitol Securities Account Types

Capitol Securities offers various types of accounts to cater to different investment needs. The primary account types include:

• Brokerage Accounts: These accounts allow clients to buy and sell a wide range of investment assets, including stocks, bonds, and mutual funds. There are both taxable and tax-advantaged options available.
• Retirement Accounts: Capitol Securities provides options for traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs, which offer tax benefits for retirement savings.
• Custodial Accounts: These accounts are designed for minors, allowing adults to manage investments on behalf of a child until they reach adulthood.
• 529 Education Savings Accounts: These accounts help save for educational expenses and come with tax advantages.
• Capital Access Accounts: These accounts offer clients a range of financial services, including cash management and investment options.

Capitol Securities Broker Account Opening Process

Opening an account with Capitol Securities is a straightforward process. Here are the steps to follow:

• Choose Account Type: Determine which type of account suits your investment goals (e.g., brokerage, retirement, custodial, etc.).
• Gather Required Documents: Prepare necessary documentation, including:
• Identification (e.g., driver's license, passport)
• Social Security Number or Tax ID
• Proof of address (e.g., utility bill)
• Financial information (e.g., bank statements)
• Complete the Application: You can apply online through the Capitol Securities website or visit a branch office. The online application typically takes less than 15 minutes to complete.
• Fund Your Account: After your account is approved, you will need to fund it. This can be done via electronic transfer from your bank account or by mailing a check.
• Account Activation: Once your account is funded, you will receive confirmation, and you can start trading.

For more detailed information, you can visit Capitol Securities.