jnsickler wrote:I can't quite figure this out. My wife is Canadian living in the states. She has (and has had) an ugly mix of investments -- high fees, high turnover, etc. in both RSP's (The Canadian equivalent of our IRA's) and outside investments. These are held with a "financial advisor" -- adding to the overall cost. Here's the rub though ... this advisor claims that since my wife is living outside of Canada, the law says she's unable to make any changes or offer any advice. My first question would be, why is she still charging her fee?
Is it true that a Canadian living in the USA has entered a financial quagmire? A simple (Canadian) self directed brokerage would seem to an easy option, but I haven't found one that will accept her assets with a US mailing address. Any ideas?
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