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US citizens in the UK · Institutions

Which Rathbones accounts accept US citizens

Last checked

Rathbones has been checked for US citizens across 5 account types. 3 are open to a US person (1 with strings) and 2 are not on offer, whatever your nationality.

If you already have an account with Rathbones, a second one there is usually the easier application, because Rathbones 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 US citizens 1
Brokerage accounts Accepts US citizens 1
SIPPs Accepts with conditions 1
Junior stocks & shares ISAs Not offered —
Junior SIPPs Not offered —

Stocks & shares ISAs

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Accepts US citizens
Updated

The ISA sits inside its US service rather than outside it, and Rathbones is refreshingly blunt about what that means. Among the key facts of the offering it lists that ISA income and capital gains are included in your US reports and are not tax exempt under US law. It runs the wrapper and reports it, rather than pretending the tax break survives the Atlantic.

FSCS £85,000 investment cover · SEC and FCA regulated · discretionary, typically from £300,000

Account Terms The catch
Bespoke management inside an ISA
Annual fee
1.10% a year on the first £1,000,000 plus VAT
Dealing fee
None
Can hold
Direct shares and bonds plus selected US ETFs and other US-compliant vehicles, with PFICs avoided.
Individual shares
Yes
US-domiciled ETFs
Yes
Rate as of
 Rathbones says its bespoke service is typically for clients with at least £300,000 to invest. No entry, exit, transfer, custody or dealing fees.

Source: Rathbones investment services for US taxpayers and individuals and families pages, 2026-09-12 Rathbones's own page

Brokerage accounts

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Accepts US citizens
Updated

Rathbones runs a service specifically for US taxpayers and says it supports US residents, US citizens, green card holders and US working visa holders, with a team regulated by both the SEC and the FCA. Its own material says the service avoids PFICs and uses direct shares and bonds alongside selected US ETFs and other compliant vehicles.

FSCS £85,000 investment cover · SEC and FCA regulated · discretionary, typically from £300,000

Account Terms The catch
Investment management for US taxpayers
Annual fee
1.10% to £750,000, then 0.90%, 0.70% and 0.50% on higher tiers, plus VAT
Dealing fee
None. Rathbones says it adds no dealing, commission, custody or platform charges
Can hold
Direct shares and bonds plus selected US ETFs and other US-compliant vehicles, with PFICs avoided.
Individual shares
Yes
US-domiciled ETFs
Yes
 One to one discretionary management only, with no advisory or execution only route. The US taxpayer pages publish neither fees nor a minimum, so confirm both at enquiry. ISA income and gains are included in the US reports it produces.

Source: Rathbones investment services for US taxpayers and individuals and families pages, 2026-09-12 Rathbones's own page

SIPPs

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Accepts with conditions
Updated

US persons: a £100,000 SIPP minimum, inside a service typically for portfolios from £300,000

Rathbones runs its own SIPP and its SIPP terms carry no US person exclusion, so nothing on paper shuts you out. The gap is that its US-connected pages name the ISA and never name the pension, so confirm the wrapper is in scope before you move a pension across.

FSCS £85,000 investment cover · SIPP minimum £100,000

Account Terms The catch
Rathbones SIPP
Annual fee
£300 a year plus VAT to administer, on top of 1.10% investment management
Dealing fee
None
Can hold
Direct shares and bonds plus selected US ETFs and other US-compliant vehicles.
Individual shares
Yes
US-domiciled ETFs
Yes
 Minimum investment £100,000 with no minimum contribution. Drawdown adds £150 a year plus VAT.

Source: Rathbones SIPP and individuals and families pages, 2026-09-12 Rathbones's own page

Junior stocks & shares ISAs

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Not offered
Updated

Rathbones publishes no off-the-shelf Junior ISA. It is a discretionary wealth manager reached through an adviser conversation, with managed portfolios typically starting at £150,000; dedicated /isa, /junior-isa and /pension pages all return 404, and its individuals and families page describes a client-story-led process rather than a self-serve account application.

Source: Rathbones wealth management, individuals and families page, and site structure, 2026-09-11 Rathbones's own page

Junior SIPPs

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Not offered
Updated

Rathbones publishes no off-the-shelf pension product for children. Like the Junior ISA, a child's pension could in principle be arranged as part of a bespoke wealth management mandate, but no /pension or /sipp page exists and nothing is marketed to the public as a Junior SIPP.

Source: Rathbones site structure, 2026-09-11 Rathbones's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. 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

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.

 Tax

US-UK tax treaty

The US-UK treaty stops most double taxation, but the saving clause lets the US tax its citizens almost as if it were not there. What survives the clause.

 Tax

Saving for a child

How the US taxes a Junior ISA, a junior pension and a Child Trust Fund held by a US citizen child in the UK, and how a 529 plan compares.