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Getting Started: How do I complete an investor accreditation?

How to verify an accredited investor either 506(b) or 506(c).

Updated over a year ago
  1. Login to Simplici: Start by logging into your Simplici account.

  2. Access the Dashboard: Once logged in, you should be directed to the main dashboard.

  3. Create a New Onboarding Flow: Look for an option “Onboarding Flow" under “Onboarding” on the navigation sidebar and click on it. Then Click on “Start New” on the top right corner.

  4. Add Accreditation: Please add “Accreditation(506b & 506c)” to the onboarding flow by dragging and dropping from left nav (actions list) to right window.

  5. Configure the Accreditation Flow: Specify the type of accreditation (506b or 506c) that you must use for your compliance regulations. SEE: How to: What Is Accreditation 506(b) and 506(c)

  6. Self Accreditation (506b): If opting for self-accreditation, you can either use a standard document provided by Simplici or upload a customized document to suit your specific requirements.

  7. Save the changes by clicking “Save and Close”. Then click “Next”.

  8. Set Reminder and Notifications: Include text messages and emails to notify the customer. Configure reminders to prompt them to complete the process.

  9. Cost Estimate Calculator: Enter the estimated number of invitations/customers for this onboarding flow and calculate the costs.

  10. After your flow is published you can invite investors to complete the accreditation process. SEE: 4 Getting Started: How do I invite people to onboard with my flow?

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