Open Accounts in Minutes With Real-Time Account Opening
Account opening is one of wealth management's most common bottlenecks. According to research from Dispatch, it can take anywhere from 8 to 15 days to move from a client meeting to a funded account, largely spent manually re-entering client data scattered across meetings, emails, the customer relationship management (CRM) software, and forms. Operations teams spend roughly 40% of their time managing this paperwork, only for 25 to 45% of submissions to end up not in good order (NIGO).
That delay carries a real cost. Every day the process drags on is a day the client's assets aren't invested, a day advisors spend on paperwork instead of clients, and a day closer to potentially losing the relationship before the account ever opens.
That changes today with Jump’s latest innovation: real-time account opening. We’re transforming the manual account opening process into an AI-powered end-to-end workflow for advisors and their clients. Advisors can now go from a live client conversation to a signed, opened account before the meeting ends, with two of the industry's largest custodians, Schwab and Fidelity.
How it works
Jump prefills the Schwab or Fidelity application using what it already knows about the client from the CRM, forms, and past meetings. If anything is missing, Jump captures it live as the advisor and client talk, no additional typing or re-entry required.
The advisor and client review the completed application together on the call, and Jump validates it against custodian requirements, so anything missing or inaccurate surfaces while the client is still there instead of after, limiting NIGO delays. Once it's complete, Jump generates the envelope for signature on the spot, before the client leaves the meeting. A process that used to take weeks to complete can now be finished in one sitting.
What this means for wealth management firms
Jump’s real-time account opening gives wealth management firms three main advantages: more revenue, lower costs, and less risk of losing the client altogether.
Revenue: Account opening drops from roughly 2 hours of manual effort spread across 8 to15 days to about 10 minutes in one sitting. Assets start earning fees the moment they're funded, so every day saved compounds across an advisor's book.
Cost savings: Since applications are validated before they're submitted, firms see fewer NIGO rejections and less manual rework, freeing up the operational hours advisors and ops teams spend per account. At an average of 30 account openings a year, that's roughly 65 hours of capacity returned annually to a single practice.
Client experience: Slow onboarding doesn't just cost time, it costs clients. 70% of financial institutions lost clients in 2025 because onboarding couldn't keep pace. Bringing client data and the account opening workflow into one platform protects the relationship instead of testing it.
“Our whole model is built around getting advisors more time in front of clients and less time on process,” said Marc Butler, Jump customer and Osaic advisor with Anthony Petsis & Associates. “When the administrative side of starting a relationship gets simpler, that time goes straight back into planning, which is the part that actually changes outcomes for people.”
Time back for what matters
Account opening has always been the friction point standing between a great client conversation and a funded relationship. By bringing an AI-powered experience into that moment, real-time account opening removes the friction for both advisors and clients, turning days of back-and-forth into time advisors can spend serving more households.
Real-time account opening is available now in limited beta for Jump customers and included in our one-month free trial. Learn more in our upcoming webinar with our integration partner Dispatch.