How can I set up and manage a family member's account using a non-professional family account?

To set up and manage a family member's account using a non-professional family account, you will need to create an Advisor master account and link the family member's account. Here is a step-by-step guide to help you through the process:

1. Create a Family Advisor and Non-Professional Advisor Account:
   • Start by creating a Family Advisor or Non-Professional Advisor account with Interactive Brokers.
   • Note that Family Advisor and Non-Professional Advisor accounts cannot hold or establish positions directly.
2. Link The Desired Account(s):
   • Once you have the Family Advisor or Non-Professional Advisor account, link the family member's account(s) to it.
3. Open a Trading Subaccount:
   1. If the family member has yet to open an account, send them an application for a new trading subaccount under the Advisor master account.
4. If Desired, Link Your Account to the Advisor account.

This setup allows you to oversee and manage the family member's account while maintaining separate trading capabilities through the subaccount under your Advisor master account.

Additional Information

• How do I open a Family account?
• How do I link my individual account to a Family Advisor or Family Office account?
• How do I add accounts to a Family Advisor or Non-Professional Advisor account?