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US citizens in the UK · Institutions

Which Evelyn Partners accounts accept US citizens

Last checked

Evelyn Partners has been checked for US citizens across 3 account types. All 3 are open to a US person (2 with strings).

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

At a glance

Account type Verdict Accounts Updated
Stocks & shares ISAs Accepts with conditions 1
Brokerage accounts Accepts US citizens 1
SIPPs Accepts with conditions 1

Stocks & shares ISAs

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Accepts with conditions
Updated

US persons: its US material never mentions the ISA either way

Evelyn Partners runs a full discretionary service for US-connected clients and separately offers ISAs, and its US material never joins the two: it names individual retirement accounts, UK pensions and custodial accounts, and never an ISA. So this reads as an implicit exclusion rather than a stated one, and its US minimum is £350,000.

FSCS £85,000 investment cover · US-connected minimum £350,000

Account Terms The catch
Discretionary management inside an ISA
Annual fee
1.25% a year on the first £250,000
Dealing fee
None, though overseas trades cost £50 each
Can hold
Directly held shares and bonds, with US funds and ETFs in US-connected portfolios.
Individual shares
Yes
US-domiciled ETFs
Yes
 ISA allowance administration is included in the fee. Tiers fall to 0.90% on the next £250,000.

Source: Evelyn Partners USA service page and Form CRS (August 2026), 2026-09-15 Evelyn Partners's own page

Brokerage accounts

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Accepts US citizens
Updated

A dedicated service for US individuals, trusts and companies, built on more than twenty years of looking after US-connected clients and registered with the SEC as well as the FCA. Its page names US citizens and green card holders resident in the UK as a group it serves. Portfolios are built from directly held shares and bonds, and assets sit with a New Jersey custodian that produces the US tax reporting for you. Its Form CRS sets the minimum account at £350,000.

FSCS £85,000 investment cover · SEC registered · assets custodied in New Jersey

Account Terms The catch
Discretionary management for US-connected clients
Can hold
Directly held shares and bonds, with US mutual funds and ETFs used where the client is US resident.
Individual shares
Yes
US-domiciled ETFs
Yes
 Its Form CRS publishes a tiered management fee starting at 1.05% a year on the first $325,000, with custody and dealing charged separately by its custodian, and a minimum account of £350,000 or the dollar equivalent. Discretionary only.

Source: Evelyn Partners USA service page and Form CRS (August 2026), 2026-09-15 Evelyn Partners's own page

SIPPs

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Accepts with conditions
Updated

US persons: it names UK pensions, but under a heading for clients living outside the UK

Evelyn Partners does say it often manages UK pensions for US-connected clients. Read where that sentence sits before relying on it: it appears under its heading for US citizens living outside both the UK and the States, while the section for US citizens resident in the UK names no wrapper at all. Its Form CRS lists pensions among the accounts it manages without saying whose. So pension coverage for someone in your position is not confirmed by anything Evelyn publishes. Its US minimum is £350,000.

FSCS £85,000 investment cover · SEC registered · fee tiers start on the first £250,000

Account Terms The catch
Discretionary management inside a SIPP
Annual fee
1.25% a year on the first £250,000, being 1.05% management and 0.20% custody
Dealing fee
None, though overseas trades cost £50 each
Can hold
Directly held shares and bonds, with US funds and ETFs used in US-connected portfolios.
Individual shares
Yes
US-domiciled ETFs
Yes
 The schedule prices the portfolio only; any SIPP administration charge is set by the pension provider.

Source: Evelyn Partners USA service page and Form CRS (August 2026), 2026-09-15 Evelyn Partners's own page

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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

Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.

 Tax

SIPP US tax

The US Treasury reads the treaty as leaving UK SIPP growth untaxed until drawn; the treaty's wording is narrower. Contributions, growth and drawdown explained.