With angel investing, you don’t need a broker. You will be investing directly with the company through a secure crowdfunding site. A broker will only be necessary once the company goes public and therefore moves onto the active stock market.
If you don’t already have one, don’t worry; modern technology has made it easier than ever to open one.
Some of our favorites include E*TRADE, Merrill Edge, Charles Schwab, TD Ameritrade, and Fidelity. When you go to their respective websites, you’ll need to click on the “Open an Account” button (which is usually at the top right of the web page). From there, you need to put in some personal information, like your name, birth date, and address, and you’ll be all set. You can transfer money directly from your bank account by clicking “transfer cash” or any other variant.