Investment profile #

Individual profile #

A new registered user is automatically assigned an individual profile, with a limitation of one individual profile per user. This profile is permanent and cannot be deleted.
The investment profile undergoes a KYC verification process that can be completed on the Profile page. Users can invest with either a Passed or Pending KYC status. However, a Pending status must be resolved for the investment status to become Legally Confirmed.
KYC verification is a one-time requirement per investment profile. Subsequent changes to the profile do not necessitate re-verification.
Each investment profile intended for investments must clear an accreditation verification process, available on the Profile page or through post-investment timeline actions.
Profiles are equipped with a Dwolla-powered wallet, accessible post-KYC verification. There’s a one-to-one association between profiles and wallets.

Individual profile Form #

The Ownership step form for an individual profile is pre-populated with information provided by the user during signup/the Reg A or REG D form/PRE-Accreditaiton form, and during the KYC process.
Other mandatory fields for the individual profile form (such as the full SSN) must be provided during the Ownership step.
Users do not need to resubmit KYC documentation after making changes.
The SSN field, required for profile creation, remains hidden post-session expiry or page refresh, safeguarding user privacy:
- The SSN field is never displayed on the Profile form.
- For individual profiles created via the REG A/D form from the user profile page, the full SSN is still required and will be requested during the investment process at the Ownership step.
- The full SSN is collected, saved, and encrypted in our database. We maintain the SSN on the frontend (to prepopulate the SSN on the Ownership step) until the user session expires or the page is refreshed.
- Once the user session expires or the page is refreshed, the SSN field will no longer be displayed as it is stored in the database and does not need to be provided again.

Fields #

field	manatory?	type	validation
First Name	Yes	Text input	Cannot be filled only with a sequence of spaces; should have at least 2 characters
Middle Name	No	Text input	Cannot be filled only with a sequence of spaces; should have at least 2 characters
Last Name	Yes	Text input	Cannot be filled only with a sequence of spaces; should have at least 2 characters
Date of Birth	Yes	Date field	Format: mm/dd/yyyy. Cannot be a future date or under 18 years;
Select Citizenship	Yes	Dropdown list	Can only be submitted with ‘U.S. Citizen’ or ‘U.S. Legal Resident’. Otherwise (‘Non Resident’), an error message appears next to the field
Phone Number	Yes	Text input	Format: +1 (XXX) XXX-XXXX. Only digits allowed. 1 could be chanhed with another counry code.
SSN	Yes	Text input	Format: XXX-XX-XXXX. Only digits allowed. Full SSN required for each new investment profile. Last 4 Digits of SSN are pre-populated if provided to another form (KYC/PRE-accreditation) i nthe same user session. This field is hidden when full SSN was provided for re-using a previously created investment profile.
Address	—-	-	-
Address 1	Yes	Text input	Cannot be filled only with a sequence of spaces; Should have at least 4 characters
Address 2	No	Text input	Cannot be filled only with a sequence of spaces; Should have at least 3 characters
City	Yes	Text input	Cannot be filled only with a sequence of spaces, Should have at least 2 characters, spaces are allowed as separators
State	Yes	Cannot be filled only with a sequence of spaces, Should have at least 2 characters, spaces are allowed as separators
ZIP Code	Yes	Text input	Allows 5-digit (XXXXX) and 9-digit (XXXX-XXXX) formats. Only digits and ‘-’ separator allowed, no spaces. Length limited to 9
Country	Yes	Dropdown list	Cannot be filled only with a sequence of spaces, Should have at least 2 characters, spaces are allowed as separators

Non-individual profiles #

Users have the option to create SDIRA and Solo401k profiles without limitations on quantity.
KYC verification is required once for each investment profile. If any changes are made to the profile, users will not be required to undergo KYC verification again.
Each investment profile intended for use in investments must pass an accreditation verification process. This process can be followed on the Profile page or as part of post-investment timeline actions.
Individual, solo401k and sdira profiles share the same Account ID/PArty ID/Link ID on North capital end. This feature supports Accreditaiton sharing.
The creation of SDIRA/Solo401k profiles can trigger the creation of corresponding North Capital entities if not previously established through individual profile activities.
If Account ID/PArty ID/Link ID on North capital end were created fir individual profile first, then for new created SDIRA/SOLO401k profiles inidividual Account ID/PArty ID/Link ID/Accreditation data(status/AIRequest ID) will be re-used.
Each investment profile is equipped with a wallet powered by Dwolla. To use the wallet, users must pass KYC verification. There is one wallet associated with each investment profile. Exception: SDIRA does not have a wallet.

Solo401k Profile Form #

Users initiate a Solo401k profile creation from the user area, with the form pre-populated based on information from the individual profile.
Document upload for Solo401k is immutable post-submission.
Mutual updates between the Ownership step and the Solo401k form ensure synced information.
The SSN field, required for profile creation, remains hidden post-session expiry or page refresh, safeguarding user privacy:
- The SSN field is required on the Profile create form.
- The SSN field is not displayed on the Profile edit form.
- The full SSN is collected, saved, and encrypted in our database. It is kept on the frontend to pre-populate the SSN on the Ownership step until the user session expires or the page is refreshed.
- Once the user session expires or the page is refreshed, the SSN field is no longer displayed as it is stored in the database and does not need to be provided again.

Fields #

Field	Required?	Type	Validation Rules
Personal Information
First Name	Yes	Text input	Cannot be filled with only a sequence of spaces
Middle Name	No	Text input	-
Last Name	Yes	Text input	Cannot be filled with only a sequence of spaces
Date of Birth	Yes	Date field	Format: mm/dd/yyyy; no future dates or under 18 years
Phone	Yes	Text input	Format: XXX-XXX-XXXX; only digits allowed
Select Citizenship	Yes	Dropdown list	Options: ‘U.S. Citizen’, ‘U.S. Legal Resident, Non-U.S. Citizen’, ‘No, I am neither a U.S. Citizen nor a U.S. Legal Resident’
SSN	Yes	Text input	Format: XXX-XX-XXXX; only digits allowed. Full SSN required for each new ownership type. Last 4 Digits shown when returning within 2h
Address 1	Yes	Text input	Cannot be filled with only a sequence of spaces
Address 2	No	Text input	-
City	Yes	Text input	Cannot be filled with only a sequence of spaces
State	Yes	Dropdown list	For US, only dropdown list values allowed
ZIP Code	Yes	Text input	Allows 5-digit XXXXX and 9-digit formats XXXXX-XXXX; only digits and ‘-’ separator, no spaces allowed
Country	Yes	Dropdown list	United States option is preselected by default
Plan Information
Name of the Solo 401(k)	Yes	Text input	Cannot be filled with only a sequence of spaces
EIN	Yes	Text input	Only digits allowed, format: XX-XXXXXXX
Documentation	Yes	File input	PDF only allowed; Plan Agreement field

SDIRA Profile Form #

An SDIRA profile is similarly user-initiated, with a focus on Personal and Custodian Information.
Pre-filled personal information from the individual profile streamlines the creation process.
Changes made during the Ownership step reflect across the SDIRA form, maintaining information consistency.
Investment actions with an SDIRA profile prompt user navigation to custodian sites for completion, (TBD: with specific integration for ALTOIRA users) to facilitate investment processes.
The SSN field, required for profile creation, remains hidden post-session expiry or page refresh, safeguarding user privacy:
- The SSN field is required on the Profile create form.
- The SSN field is not displayed on the Profile edit form.
- The full SSN is collected, saved, and encrypted in our database. It is kept on the frontend to pre-populate the SSN on the Ownership step until the user session expires or the page is refreshed.
- Once the user session expires or the page is refreshed, the SSN field is no longer displayed as it is stored in the database and does not need to be provided again.

Fields #

Field	Required?	Type	Validation Rules
Personal Information
First Name	Yes	Text input	Cannot be filled with only a sequence of spaces
Middle Name	No	Text input	-
Last Name	Yes	Text input	Cannot be filled with only a sequence of spaces
Date of Birth	Yes	Date field	Format: mm/dd/yyyy; no future dates or under 18 years
Phone	Yes	Text input	Format: XXX-XXX-XXXX; only digits allowed
Select Citizenship	Yes	Dropdown list	Options: ‘U.S. Citizen’, ‘U.S. Legal Resident, Non-U.S. Citizen’, ‘No, I am neither a U.S. Citizen nor a U.S. Legal Resident’
SSN	Yes	Text input	Format: XXX-XX-XXXX; only digits allowed. Full SSN required for each new ownership type. Last 4 Digits shown when returning within 2h
Address 1	Yes	Text input	Cannot be filled with only a sequence of spaces
Address 2	No	Text input	-
City	Yes	Text input	Cannot be filled with only a sequence of spaces
State	Yes	Dropdown list	For US, only dropdown list values allowed
ZIP Code	Yes	Text input	Allows 5-digit XXXXX and 9-digit formats XXXXX-XXXX; only digits and ‘-’ separator, no spaces allowed
Country	Yes	Dropdown list	United States option is preselected by default
Custodian Information
Custodian	Yes	Selectbox	Options: ALTO/Other
Name of Custodian	Yes	Text input	Displayed if Custodian = Other. Cannot be filled with only a sequence of spaces
Custodian Website Address	Yes	Text input	Displayed if Custodian = Other; format required: https://www.example.com