At Leede Jones Gable, we offer a wide range of accounts for your convenience. Click on the account type below to expand details for each.
NON REGISTERED ACCOUNTS
Open a cash account if you intend to pay in full for each purchase with cash.
A margin account is a leverageable account in which stocks can be purchased for a combination of cash and a loan. The loan in the margin account is collateralized by the stock and, if the value of the stock drops sufficiently, the owner will be asked either to put in more cash, or sell a portion of the stock.
A margin account that allows an investor to purchase and sell options.
Registered Retirement Savings Plan Accounts (RRSPs)
By contributing to an RRSP, you can defer your tax payments on the money you invest until you retire. Your RRSP must be collapsed in the year in which you turn 71. At that time, you will need to withdraw your savings or transfer them to a Registered Retirement Income Fund (RRIF).
We offer several different types of RRSPs including:
- US Dollar RRSPs
- Spousal RRSPs
- LIRAs/LRSPs (Locked-in Retirement Accounts or Locked-in RSP)
Registered Retirement Income Fund Accounts (RRIF’s)
A Registered Retirement Income Fund (RRIF) provides you with a set yearly income – determined by you to suit your goals, once you turn 71. Similar to an RRSP, your investments can compound tax-free as long as they remain in your RRIF.
We offer several different types of Retirement Income Accounts including:
- Self-Directed RIF
- LIFs (Life Income Funds)
- LRIFs (Locked-in Retirement Income Funds)
Tax-Free Savings Accounts (TFSA’s)
A Tax-Free Savings Account (TFSA) is a flexible investment account that allows you to invest in eligible investments without paying taxes on the investment income you earn within the account.
Registered Education Savings Plans (RESP’s)
RESPs offer a unique and attractive way to save for a child’s post-secondary education.
We offer two types of RESPs: Family and Individual plans.
Informal Trust Account
This is an account held in trust for a named beneficiary, often a child.
This is an account set up by a group of people who pool their assets and make joint investment decisions.
Formal Trust or Estate
This is an account in which the securities are registered in the name of the trust, or estate while the trustee(s), or executor controls the management of the investments.
This is an account set up and used by a business and classified as Sole Proprietorship, Corporate, or Partnership.
Charity or Foundation
These accounts are set up for non-profit organizations that are not incorporated and are not investment clubs.
To open a cash account, you can download the forms [intlink id="202" type="page"]here[/intlink].
To open all other types of accounts, please contact an [intlink id="26" type="page"]Investment Advisor[/intlink].