Who is eligible?
To apply for a Smart Investing Account, you need a Cleo account (even if you’re on the Free plan), you must be at least 18 years old, and a US citizen who holds no other citizenship.
All applications are subject to identity verification and approval — applying does not guarantee your account will be opened.
Where can I start the application process?
Open the Cleo app
Go to Wealth
Select Explore investing
What information do I need to provide?
Before your investing account can be opened, Atomic has a legal and regulatory obligation to verify your identity. This also helps prevent fraud and financial crime.
You'll usually be asked for:
Your Social Security Number (SSN)
Date of birth
Home address
Employment information
Affiliations such as being a public official, having significant ownership or control in a publicly traded company, or being affiliated with the securities industry
Sometimes Atomic needs more. That can include:
Government ID: U.S. Passport, state-issued Driver's License, or state-issued ID card (must be valid and unexpired)
Proof of address: utility bill, bank or credit card statement, mortgage statement, or lease agreement from the last 3 to 6 months, showing full address
Proof of Tax ID: Social Security card, recently filed tax returns, or IRS-issued tax document showing full SSN
Liveness check: front, left, and right-facing live selfies
How is my information used?
Cleo shares the information Atomic needs to verify your identity, open and service your account, and meet their legal and regulatory obligations. How your information is used and shared is described in Atomic’s privacy policy and in Cleo’s privacy policy.
Investment advisory services provided by Atomic Invest LLC. Brokerage services provided by Atomic Brokerage LLC, member of FINRA/SIPC. Investments in securities: Not FDIC Insured, Not Bank Guaranteed, May Lose Value. Investing involves risk, including the possible loss of principal.
Cleo has engaged Atomic Invest LLC (“Atomic”), an SEC-registered investment adviser, to bring you the opportunity to open an investment advisory account with Atomic. Companies which are engaged by Atomic receive compensation of 0% to 1.15% of assets under management annualized, payable monthly, for each referred client who opens an Atomic account and may receive a percentage of margin and free cash interest earned by clients, which creates a conflict of interest. See the Atomic Invest Promoter Disclosure Statement.
Brokerage services for Atomic are provided by Atomic Brokerage LLC, a registered broker-dealer and member of FINRA/SIPC and an affiliate of Atomic, which creates a conflict of interest. For more details about Atomic Invest, please see the Form CRS, Form ADV Part 2A, and Privacy Policy. For more details about Atomic Brokerage, please see the Form CRS, General Disclosures and fee schedule. Check the background of Atomic Brokerage on FINRA’s BrokerCheck.
Neither Atomic Invest LLC nor Atomic Brokerage LLC, nor any of their affiliates is a bank. Investments in securities: Not FDIC Insured, Not Bank Guaranteed, May Lose Value. Investing involves risk, including the possible loss of principal. Before investing, consider your investment objectives and fees and expenses charged. Advisory services through Atomic are not to be construed as tax advice or financial planning and do not take into consideration investments that clients may hold outside of Atomic.
Before investing in an ETF, you should read the prospectus, which provides detailed information on the ETF’s investment objective, principal investment strategies, risks, costs, and historical performance (if any), among other things. Prospectuses can be found on the ETF issuer’s website. ETFs are bought and sold at market price, which can vary from the Net Asset Value of the fund. Rebalancing and other fund activities may result in tax consequences.
This content is for educational purposes only and is not intended as investment advice or a recommendation of any specific investment or strategy.