Both individuals and and trusts are able to sign up to Hatch to be investors.
Trust accounts
Currently, the process to sign up a trust is not yet available online. So to start, you'll need to email us at hello@hatchinvest.nz with a copy of your trust deed. From there, we'll send you a couple of forms to complete with requirements to get you set up on Hatch.
Once we receive your completed forms, we can get your account created within a couple of hours.
Some things to know:
Your trust must be a family trust that's a tax resident in NZ only
Only one person can sign in and act on behalf of the trust in Hatch. We'll ask every controlling person (i.e trustees, professional trustees and some beneficiaries) to agree to one person acting on the decisions made by the trust
We need a unique email address to set up the trust account - we're working on allowing investors to manage their trust and individual portfolios under one sign in, but for now, you'll need to sign into separate Hatch accounts (we can help you with this too)
Joint accounts
Joint accounts are something we want to offer, but this is a little further down the track.