Share Promotions

DriveWealth offers partners the opportunity to run Share Promotional Campaigns, allowing them to transfer stocks directly into customer accounts through a Share Promotion Account. This account is created by DriveWealth but is fully funded, owned, and managed by the partner.

To initiate a campaign, the partner must fund the Share Promotion Account and place bulk orders for the securities they wish to offer. Once those trades settle, the partner submits a template specifying the customer accounts and the quantity of shares to be distributed. These promotional transfers are processed manually by the DriveWealth Operations Team on a predetermined schedule, typically once per week.

If you're interested in setting up a Share Promotional Campaign, please reach out to your DriveWealth representative to get started.