With the TD Ameritrade / Charles Schwab merger looming, I'm concerned about the Canadian-resident friendliness of the combined entity. TD's been my brokerage of choice because of its Canadian connection. Does anyone have intel on Charles Schwab's current policy on Canadian residents holding US IRA and brokerage accounts? That may provide a clue on what to expect.
Merge's expected to close 2nd half of 2020 from what I read.
Charles Schwab vs TD Ameritrade
Moderator: Mark T Serbinski CA CPA
Re: Charles Schwab vs TD Ameritrade
Schwab does indeed allow Cdn residents to hold IRAs, provided you have been a US resident at some point (ie. you do not have to arrange this before leaving US). I had to transfer out of my Vanguard acct and chose Schwab.
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