After the elimination of the inactivity fee in IBKR (at perfect time, when I was just about to set up an account with Degiro) I happily opened an account with IBKR, only to find out the next day that as an employee of a certain swiss bank I cannot open an investment account with a broker other than that bank .
There is a workaround that the account would be opened in my wife’s name. Does anybody have any experience with such situation? Do you know what the implications would be? E.g. with regards to tax declaration? Next year we would be filing the tax declaration for the first time, but as far as I know the declaration is together for the married couple, right? So then I guess it shouldn’t matter, who is the owner of the brokerage account from the taxes point of view?
My wife, however, has a much lower income than me (around CHF 1000/month)… is it possible she could be considered as professional investor because of that?
In case I would leave my current employer later on and would not be restricted from having an account with IBKR anymore, do you know how it is with a transfer from one account to another within IBKR? I’m planning of course to ask this also in IBKR, but maybe somebody has some experience with that…
Any other tips for this situation? Besides resigning? Although I’m seriously considering that as well, because this restriction is quite frustrating!