Client Onboarding & KYC

Bring new wealth management clients through compliance and account setup without the paperwork pile-up.

29 hrs
Time saved/month
15
Companies have mapped
Map This Automation

About This Automation

Client onboarding for a new advisory relationship involves collecting identification, verifying it, screening for sanctions and risk, and drafting agreements.

The automated version collects documents, verifies identity, screens against watch lists, and prepares agreements without manual chasing. New clients move from application to signed agreement in a fraction of the time, with consistent compliance checks at every stage.

Key features
Collects identification and proof of address documents automatically as clients submit them
Verifies identity details against submitted documents without manual comparison
Screens each applicant against sanctions, PEP, and adverse media lists
Assigns a risk flag and drafts a risk summary for compliance review
Generates the client agreement and routes it for e-signature
Creates the billing account and notifies the advisor once onboarding is complete

How The Automation Works

The full workflow, from trigger to completion.

1. New Application Receivedtrigger

A new client application logged starts the onboarding workflow automatically.

2. Verify Identity & Collect Documents

The intake requests, collects, and verifies ID and proof of address documents.

3. Run Sanctions & PEP Screening

The screening checks the applicant against sanctions, PEP, and adverse media data and logs a risk score.

4. Compliance Officer Reviews Flagged Case

Only clients flagged by the screening are routed to the compliance officer for manual review and sign-off.

5. Generate & Send Client Agreement

Once cleared, the client agreement is generated and sent for e-signature.

6. Create Client Account

A billing account and fee schedule are created automatically once the agreement is signed.

7. Notify Advisor

The assigned advisor is notified that the client is fully onboarded and ready for their first meeting.

4 reasons to map this process

1

It's completely free

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2

You get a complete build plan

A visual process map, automation spec, delivery timelines, and everything needed to build it, customized to your workflow and tools.

3

You see your real numbers

Custom pricing, ROI projection, and payback timeline based on your actual process, not industry averages.

4

There's no obligation to build

Your build plan stays in your workspace with no expiry. Move forward whenever the timing is right.

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Frequently asked questions

Everything you need to know before mapping this process.

This template is a starting point based on how other businesses handle this type of work. When you map your process, you describe exactly how your team does it and the automation is built around your workflow, not a generic template.

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Estimated Time Saving
29hrs/month
Process pain:7.8/10
Mapped by:15 Companies

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