Waiver of transfer fees for registered accounts | General financial discussion | Discussion forum

I guess then these three institutions won't reimburse the transfer out fees of the other institution. And that's fair.

But then I'm curious to know if there are any really "generous" institutions that reimburse the transfer out fees of the other institution AND waive their own transfer out fees.

Oaken also doesn't charge a transfer fee.
I think but am not certain that Achieva also doesn't charge.

All the big banks I know of will reimburse / offset the ‘account closing / transfer fee’ if u bring in a decent amount. Safe to say anything above mid 6-figure portfolio qualifies. At 7-figure, all will bend over for you.
CU should not be any different.
I do think you need a dedicated advisor that covers your account tho. Dedicated does not mean the advisor get a fee from you each year. They r evaluated based on total assets under management. So they are just happy to have your portfolio counted as part the pool he/she manages.

To give u an example, under CIBC imperial service, you can have your accounts under IE where you make 100% of ur investment decision only. But the Imperial Service advisor’s name on your account, and he or she can reimburse the transfer fee when you are on-boarding.

I believe that Accelerate would reimburse $50 if you transferred “IN” and only “ONCE”.

But they are under a new regime....so who knows.