Open an account
Thanks for taking the time to open your ScotiaMcLeod account. We will step you through the process. First, we will need a little information to pull together the appropriate forms and instructions.

What kind of account would you like to open?

Non-Payroll Accounts

• ScotiaMcLeod RRSP
  Registered Retirement Savings Plan
  This account is for clients who wish to reduce their income taxes by contributing to a retirement savings plan.
• ScotiaMcLeod Spousal RRSP
  Spousal Registered Retirement Savings Plan
  This account is for clients who wish to reduce their income taxes by contributing to a retirement savings plan for their spouse. The contributor gets the tax receipt and the lower income spouse gets the income at retirement. Why ScotiaMcLeod Spousal RRSP?
• Cash Account
  Non-registered Investment Account
  This is a regular investment account is for clients who wish to invest outside a RRSP, RESP, RRIF, etc.
• RESP
  Registered Education Savings Plan
  This account is for plan members who want to take advantage of the Canada Education Savings Grant to save for their child(ren)'s education. Note: ScotiaMcLeod charges an annual fee of $50 per year for self-directed RESPs (which is waived for clients with over $150,000 in assets with ScotiaMcLeod). We will arrange no-annual fee RESPs directly with a preferred mutual fund company for no annual fee for smaller accounts. Why RESP?
• RRIF
  Registered Retirement Income Fund
• Locked-In RRSP
  Locked-In Registered Retirement Savings Plan
  Use this account to transfer an existing pension to an RRSP.
• Fee-based Managed
  Fee-based Managed
  For larger accounts, ScotiaMcLeod offer a wide variety of fee-based, managed account programs, such as Summit, Russell Lifepoints, Sovereign, Partnership Plus and Franklin Templeton Quotential. Why Fee-based Managed?
• Other Accounts
  All other types of account
  For all other accounts, contact your regional advisor directly.

Need more information?
Contact your regional advisor for assistance.

In addition, you can refer to the Investment Dealers' Association of Canada's brochure, Opening your retail account, for more information on opening a brokerage account.

The information contained on this website is for use by persons resident in Canada only.