Why should you open a brokerage account for your business?
It gives you the ability to write checks from the brokerage account, receive wire transfers and link the funds to the shelf companies bank account, and be able to discuss investment options with a licensed professional
What is the procedure for opening a brokerage account for your business?
Completing an application
Making an appointment at the bank
It is like opening a personal bank account.
Your brokerage may ask for a copy of the SS4 form/ EIN Application
They want to be sure that the same person who applied for the EIN is the same person making the investment decisions. If they do not match you will likely be unable to open the bank account