We have clients from all the major financial institutions in Hong Kong, and we work with you and your Compliance team to ensure that you fulfil your company’s personal account dealing policies when you open an account.
Employer Consent Letter Upload Exemption
Endowus only offers collective investment schemes (CIS) such as mutual funds through our platform, and does not offer single stocks/bonds or exchange-traded products.
For some firms, company approval is not required for investments in funds or CIS.
If that’s the case, simply select the “Skip the document upload” toggle when asked to “Upload employer’s letter of consent” during onboarding.
Below is a list of firms, which Endowus understands an employer consent letter may be skipped during account opening onboarding process for their Hong Kong employees (as of December 2024):
- Goldman Sachs
- Janus Henderson Investors Hong Kong Limited
Information about Endowus Accounts
We have also prepared the information below when seeking advice from your company or compliance team on whether an approval letter is required:
- Endowus is licensed under the Securities and Futures Ordinance (Cap571) to carry on business in Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities.
- Endowus only offers collective investment schemes to clients.
- Endowus does not offer exchange-traded products, or individual securities acquired directly through an initial public offering or through a private placement.
For more information on our services, please refer to our website (www.endowus.hk).
Personal Account Dealing (PAD) Letter
If your firm requires a letter stating the nature of the account, please contact us at support.hk@endowus.com to obtain a PAD letter. You can also find a template here for reference.
Auto-forwarding of monthly statements to Compliance or other required parties
We understand some firms require their employees to forward their monthly trading and account activity statements to compliance teams or other required parties. We have set up an auto-forward function to enable that in just one click. Please refer here for instructions on setting up this function on your account.