How it works
Collective's online workflows and friendly Customer Service Representatives make exchanging shares into our fund significantly faster and easier than selling your shares
Complete your exchange in 3 easy steps
Employees holding shares or options in eligible companies may exchange them for a limited partnership interest in the Exchange Fund of equal value. So, for each $100,000 worth of shares contributed to the fund, the employee receives a $100,000 limited partnership interest in the fund.
To start your Exchange, follow these simple steps:
See if your company's shares are eligible for exchange into Collective's fund here
See the per share value Collective assigns to the shares you are exchanging into the fund here
Use Collective easy online process to review and e-sign the paperwork
That's all you need to do. From there, Collective's friendly operations team works with your company and expertly manages your exchange into the fund.
Transfer Process
Collective manages the exchange of shares into the fund from start to finish. Once you sign your exchange agreement, Collective submits notice of the transaction to the company for approval. Typically, the company then has thirty days to decide whether or not to exercise a right of first refusal. If the company is new to Collective, we reach out to introduce ourselves and explain the ways Collective benefits companies. Once the share transfer is approved and completed, Collective issues the limited partnership interest to you within three business days.
Company Approved
Collective works with many of the best private growth companies to make their equity compensation programs the basis of stable, long-term wealth creation for their employees. All exchanges into the fund are submitted to the company for approval and all company transfer restrictions and requirements are observed. Companies may also choose to direct the allocation of exchange eligibility for their shares among their employees. See our Overview for Companies.
Confidentiality
At Collective, we understand that potential transactions in your shares are extremely sensitive. Collective handles each client's exchange into its fund with the utmost discretion. Companies are only notified of an employee's intent to exchange shares at the time the stock transfer notice is executed by the employee and submitted to the company.
LP Dashboard
Once your exchange is completed and you are a limited partner of the Exchange Fund, you will have access to your Collective dashboard. There you can view your capital account, executed agreements, fund performance, statements, tax documents and fund communications.
