When are the trustee fees due?
CWT’s annual trustee fees are charged, in arrears, on the anniversary date of the plan opening. Additional fees may apply, such as GIC re-registration fees or mortgage holding fees, which will remain the responsibility of the client.
Can a client transfer and transact marketable securities in a self-directed RRSP account?
Yes, in our Full Service Registered Account, clients can transfer RRSP eligible investments (Introductory Accounts excluded). For example, the client can maintain and transact publically traded securities in a full service CWT account through our partnership with Qtrade. The client can open a Qtrade DAP (Delivery Against Payment) account to facilitate trading activity for public securities.
How many accounts do I need to transfer in order to participate in this program?
The AIT program is available to independent financial advisors who transfer a minimum of ten Full Service Registered Accounts (self-directed RRSP) or 75 Introductory Accounts to CWT.