Greenline + TD Direct Investing

TD Direct Investing is one of Canada’s largest self-directed platforms, and it comes with a unique advantage: TD e-Series funds. These low-cost index funds can be set up with automatic purchases, making them one of the simplest ways to invest on a regular schedule. If you bank with TD, the integration is seamless.

But TD shows you TD. When your investments live in more than one place, the gaps start to show.

What TD Direct Investing does well

The standout feature is TD e-Series funds. They’re low-cost index funds with MERs well below traditional mutual funds, and you can set up automatic contributions. For investors who want a hands-off approach without using a robo-advisor, e-Series funds are a proven option.

TD also offers stock and ETF trading at $9.99 per trade, and their GoalAssist tool helps you set savings targets for individual accounts. The WebBroker platform is comprehensive, and the integration with TD banking makes funding your accounts instant.

For investors who want convenience and a solid selection of products, TD Direct Investing delivers.

Where it gets complicated

The problem surfaces when your investments go beyond TD.

Maybe you started with e-Series funds at TD but later opened a Questrade account for commission-free ETF purchases. Maybe your spouse uses a different brokerage. Maybe you have a group RRSP through work that’s held somewhere else entirely. TD Direct Investing can only show you what’s inside TD.

You can’t see:

• Your total allocation across all accounts and brokerages
• How your TD e-Series funds overlap with ETFs held elsewhere
• What you’re paying in combined fees across everything
• Your complete investment net worth
• Your adjusted cost base across platforms for tax reporting

GoalAssist is helpful for individual account goals, but it can’t account for money you hold outside TD.

How Greenline fills the gap

Greenline sits on top of everything. Upload your TD Direct Investing PDF statement, add your other accounts, and Greenline combines it all into one view.

You get:

• One dashboard for every account at every brokerage
• Fee analysis showing what you’re actually paying across all your investments, including e-Series MERs
• Net worth tracking that covers your full investment picture
• Holdings deep dive breaking down your real allocation by region, sector, and asset class
• Tax reporting with ACB tracking that works across brokerages

Greenline doesn’t replace TD Direct Investing. You keep trading and contributing where you already do. Greenline just connects the dots.

Do you need both?

If TD is your only brokerage and GoalAssist gives you everything you need, you might be fine without Greenline for now.

But if any of these sound familiar, Greenline adds something TD can’t:

• You have accounts at more than one brokerage
• You want to see your total net worth across everything
• You want to understand your real allocation, not just one account at a time
• You need ACB tracking for tax season
• You want a single daily summary covering all your investments

How to get started?

If you’re a TD Direct Investing client, you can download your account statement as a PDF from WebBroker. Upload it to Greenline, and your holdings are imported automatically. It takes a couple of minutes.

From there, add your other accounts and you’ll have the complete picture.