You have the option to make changes to investments both before and after sending subscription documents to the investor. However, if the documents have already been sent, you will need to void the existing subscription documents in order to access the edit option and update the pledged amount.
Other changes that can be made include:
Updating distribution preference (can be done at any time)
Adjusting the funding method (check/wire can be updated at any time)
Updating the investment account linked to a pledge (before sending subscription documents or after voiding documents that were sent)
Modifying the pledged amount (before sending subscription documents or after voiding documents that were sent)
Modifying the pledged amount prior to sending subscription documents
Click on Investments from your portal & locate the pledge you need to update
Click on the pencil icon under Commitment or click Edit
Enter the new amount & click update
Modifying the Pledged Amount After Submitting/Uploading Subscription Documents
Note: If your team has already signed subscription documents, please contact Support@Verivest.com for further assistance. Once the manager has signed, the documents cannot be voided.
Click on investments from your portal
Locate the pledge you need to update
Click "void" to void the subscription documents
Confirm that you want to void the documents by typing "VOID DOCUMENTS"
Click void documents
Scroll up to the commitment overview and click on the pencil icon under commitment or click EDIT
Enter the new amount & click update
Resend documents or upload documents that were executed without the portal
Note: If you have uploaded subscription documents that were executed offline but need to update the commitment amount, please delete the uploaded documents. After deleting them, you will be able to edit the investment and re-upload the subscription documents.