This depends on the type of account you’re opening. After the initial KYC process is completed, a straightforward personal account can often be opened in a few days. Registered accounts take a few days longer. With more complex accounts, such as trusts or estates, the timeline can vary.
Once your account has been opened, we can start managing your portfolio within 24 to 48 hours following a cash deposit. If assets are transferred in kind from another institution, non-registered accounts will take approximately two weeks to be moved over whereas registered accounts take a little longer. In particular, transferring GICs in-kind is a very manual process and can take a few weeks.
The information on this web site is provided by Evans Investment Counsel to help individuals, families and business owners understand what we do to protect and grow their invested assets. We attempt to keep information on this web site accurate and current.