You can set up multiple entity types with Snowball to invest in managed funds. The entities that can be set up include individual, joint, companies, and trusts. Once you have created an entity, you can add and manage different entities directly from your Dashboard.
Log in to your Investor Dashboard
Go to Snowball and log in to your Dashboard.
Click your name or profile icon in the top-right corner of the Dashboard and select “Fund preferences” from the dropdown menu.
3. At the bottom of the page, click “Create new entity”.
4. Fill out the Funds onboarding form
You’ll be taken through an onboarding process, which includes identity verification as required by New Zealand’s Anti-Money Laundering (AML) legislation.
Note: The level of information required depends on the type of entity. More complex structures (like companies or trusts) may require additional documentation.
5. Complete the required details and save.
Once the entity has been onboarded, you’ll be able to deposit funds and start investing with the new entity.
How to Switch Between Entities
Once you’ve created more than one entity, you can easily switch between them to view and manage your investments.
To switch entities:
Click your name or profile icon in the top-right corner and select “Switch investment entity” from the dropdown menu.
2. Choose the entity you’d like to view or transact under.
The Dashboard will update to show investments, wallet balance, and preferences for the selected entity.
Need help?
If you have questions about setting up a new entity or need support during the onboarding process, feel free to contact our team.