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US citizens in the UK · Institutions

Which Canaccord Wealth accounts accept US citizens

Last checked

Canaccord Wealth has been checked for US citizens across 3 account types. All 3 are open to a US person (1 with strings).

If you already have an account with Canaccord Wealth, a second one there is usually the easier application, because Canaccord Wealth has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was checked.

At a glance

Account Verdict Last checked
Stocks & shares ISAs With strings
Brokerage accounts Canaccord Wealth (formerly Hargreave Hale) Opens
SIPPs Opens

Stocks & shares ISAs

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With strings

US persons: it will run one, and its own guidance treats an ISA as a trap

Canaccord will not refuse you an ISA, and says it will be mindful of the implications of using UK wrappers like ISAs and SIPPs. Read its own guidance first though: it lists assuming UK tax-free wrappers are also tax-free in the US among the common mistakes US expats make. This is a firm that will build you one and would rather you understood why it may not help.

FSCS £85,000 investment cover · typically from £100,000

Account Terms The catch
Discretionary management inside an ISA
Annual fee
0.25% a year on its US portfolios, or unpublished on bespoke management
Can hold
Its published US portfolio holdings show the method rather than describing it: US-domiciled ETFs for the equities, including S&P 500, global quality and sector funds, paired with directly held UK gilts for the fixed interest. No UK pooled funds anywhere, which is what avoiding PFICs actually looks like.
Individual shares
Yes
US-domiciled ETFs
Yes
 Its US managed portfolios publish real numbers, unusually for this end of the market: 0.25% management and 0.45% to 0.59% all in, against a 1.00% standard rate. Bespoke management publishes nothing and is priced per client. Canaccord does not say whether the US portfolios can be held inside this wrapper, so ask, and note they are routed through intermediaries rather than sold direct.

Source: Canaccord Wealth, investing for US expats, 2026-08-17 Last checked Canaccord Wealth's own page

Brokerage accounts

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Canaccord Wealth (formerly Hargreave Hale)

Opens

The plainest answer on this page. Canaccord says it has acted for US expats for decades and that it does not turn US citizens away, and it runs a specialist team for them. Portfolios are built from individual shares, bonds and US-listed funds that also carry UK reporting status, which solves both tax systems at once rather than trading one problem for the other, and PFICs are avoided by design. Typically for people with over £100,000 to invest.

FSCS £85,000 investment cover · typically from £100,000 · managed, not execution only

Account Terms The catch
Investment management for US expats
Can hold
Individual shares and bonds, plus US-listed funds approved for UK tax reporting. UK funds, investment trusts and most UCITS funds are deliberately avoided as PFICs.
Individual shares
Yes
US-domiciled ETFs
Yes
 No rates are published; the fee is linked to portfolio size and service, and each client is priced individually. Typically for portfolios over £100,000, and it does not do one-off share sales below £250,000. Tax reporting is produced in dollars for the US year and sterling for the UK one.

Source: Canaccord Wealth, investing for US expats, 2026-08-17 Last checked Canaccord Wealth (formerly Hargreave Hale)'s own page

SIPPs

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Opens

Canaccord names the pension as something a US expat can actually use, listing select UK pensions such as SIPPs among the things open to you, and it has said plainly elsewhere that it does not turn US citizens away. It qualifies the tax point honestly, noting that many practitioners treat a SIPP as treaty recognised but that treatment turns on circumstances.

FSCS £85,000 investment cover · typically from £100,000

Account Terms The catch
Discretionary management inside a SIPP
Annual fee
0.25% a year on its US portfolios, or unpublished on bespoke management
Can hold
Its published US portfolio holdings show the method rather than describing it: US-domiciled ETFs for the equities, including S&P 500, global quality and sector funds, paired with directly held UK gilts for the fixed interest. No UK pooled funds anywhere, which is what avoiding PFICs actually looks like.
Individual shares
Yes
US-domiciled ETFs
Yes
 Its US managed portfolios publish real numbers, unusually for this end of the market: 0.25% management and 0.45% to 0.59% all in, against a 1.00% standard rate. Bespoke management publishes nothing and is priced per client. Canaccord does not say whether the US portfolios can be held inside this wrapper, so ask, and note they are routed through intermediaries rather than sold direct.

Source: Canaccord Wealth, what US expats can invest in, 2026-08-17 Last checked Canaccord Wealth's own page

Account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

PFIC

Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.

 Tax

FATCA

FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.

 Tax

SIPP US tax

The treaty generally lets a UK SIPP grow tax-deferred for US purposes, but the protection has limits. How the US treats contributions, growth and drawdown.