What is the process to approve a fund at a custodian?

Opto will pre-populate the required forms and send them to your firm to submit to the custodian. Once submitted, the process will typically take around 4-6 weeks. Upon approval, a CUSIP will be provided to use on the required investor forms. RIA firms can then send the required custodian investor forms via the custodian’s portals to end investors to execute. We currently work with Charles Schwab, Fidelity, Pershing, Goldman Sachs, and Axos.