Open Account

2B Trust’s non-registered Open Account is a complementary product to a self-directed RRSP or RRIF and it works in much the same way. Simply choose investments that align with your client’s financial objectives, send us your instructions and we’ll administer the account accordingly.

You can easily monitor the account in real-time through Natlink (our online account management system), or with the aid of our quarterly statements. Sound interesting? If so, here’s what you need to know:

Eligible investments include mutual funds (including segregated, hedge and pooled funds), GICs from B2B Trust, Laurentian Bank, Laurentian Trust, LBC Trust, or any other Canadian financial institution.
Clients can have two accounts (registered and non-registered) for the price of one! And if they choose to pay their administration fee from their Open Account, a deduction may be possible – of course clients should consult their tax advisors to see if this is a viable option.
Pre-authorized chequing (PAC) allows individuals to seamlessly build cash reserves for future investments.
Save time and money by taking advantage of our Transfer In Program.

Think of B2B Trust’s Open Account as an alternative to a traditional savings account. But remember, these are non-registered investments so while your clients may earn a higher rate of return, they may be taxed on distributions and/or subject to capital gains or losses from funds held within the Open Account.

At Your Fingertips:

Getting Started: Self-Directed Accounts
Forms: Forms
Fees: Self-directed Fees
Samples applications: Sample Open Account Application
Workflows: Open Account Workflow
Admin Tips: Admin Tips – Self-Directed Registered & Non-Registered Accounts
Others: Self-Directed & Open Account FAQ