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Halls of Shrewd'm / US Policy
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Author: oddhack   😊 😞
Number: of 670 
Subject: Good expat brokerages other than Schwab, IBKR
Date: 08/06/2024 7:56 AM
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I like having some diversification in brokers and so far the options I'm aware of for expats are IBKR, Schwab, and probably HSBC. I had a (US domestic) HSBC account several years ago and was profoundly unimpressed with absolutely everything about their online portal and customer service, but maybe that's just me.

Are there other credible options that would allow me to hold an account containing my BRK (and minor other US securities) while living in the EU?
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Author: Rubic   😊 😞
Number: of 670 
Subject: Re: Good expat brokerages other than Schwab, IBKR
Date: 08/06/2024 9:10 AM
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<< Are there other credible options that would allow me to hold an account containing my BRK (and minor other US securities) while living in the EU? >>

I don't use them, but Fidelity appears to be pretty popular.

Also if you or one of your parents was in the US military service, it
may be useful to have a USAA account. Not for their brokerage services,
but as a credit union which is comfortable in dealing with US citizens
in foreign countries.

-Rubic

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Author: oddhack   😊 😞
Number: of 48427 
Subject: Re: Good expat brokerages other than Schwab, IBKR
Date: 08/06/2024 10:19 PM
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Thanks! My Dad was a 30 year Air Force vet (met my Mom, who was also American but doing admin work for the US Occupation in Germany, and they married there), and I've had a USAA account since he passed. Also my HSA is with Fidelity so hopefully they'll not have a problem with keeping that open.
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Author: Rubic   😊 😞
Number: of 48427 
Subject: Re: Good expat brokerages other than Schwab, IBKR
Date: 08/07/2024 6:12 AM
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The USAA Visa card is also useful in that it doesn't charge
foreign transaction fees. A lot of other cards do this, but
with the exception of a few (e.g. Capital One Venture),
they usually charge annual fees -- which USAA doesn't.
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