Joint Accounts

Tuesday, April 15, 2025

A joint brokerage account allows two individuals to share ownership of a single investment account, making it a popular choice for married couples or investment partners. This guide explains the two primary joint account structures, Joint Tenants with Right of Survivorship (JTWROS) and Tenants in Common (TIC), and walks through the application process for opening a joint brokerage account at tastytrade.

Tenants in Common (TIC)

A tenants in common account allows two owners to designate specific percentages of ownership for the account’s assets. If one owner passes away, their share is transferred to their estate. TICs can be set up as either a cash or margin account.

Joint With Rights of Survivorship

Joint with rights of survivorship accounts are designed for two owners with equal asset shares. In the event of one owner’s death, the surviving owner gains full control of the account. Like a TIC account, this can be opened as either a cash or margin account.


Tastytrade
Tastytrade
Company
Legal & Regulatory
Questions?

tastytrade, Inc. (“tastytrade”) does not provide investment, tax, or legal advice. Symbols used for illustrative purposes only. tastytrade’s website and brokerage services are not intended for persons of any jurisdiction where tastytrade is not authorized to do business or where such products and other services offered by the tastytrade would be contrary to the securities regulations, futures regulations or other local laws and regulations of that jurisdiction. Options involve risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially significant losses. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC). All customer futures accounts’ positions and cash balances are segregated by Apex Clearing Corporation. Futures and futures options trading is speculative and is not suitable for all investors. Please read the Futures & Exchange-Traded Options Risk Disclosure Statement prior to trading futures products.

Cryptocurrency transaction and custody services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC. Cryptocurrency assets are held and custodied by Zero Hash LLC, not tastytrade. Zero Hash LLC and Zero Hash Liquidity Services are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Cryptocurrency assets are not subject to Federal Deposit Insurance Corporation (FDIC) or Securities Investor Protection Corporation (SIPC) coverage. Cryptocurrency trading is not suitable for all investors due to the number of risks involved. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.

tastytrade, Inc. was formerly known as tastyworks, Inc.

© 2017–2026 tastytrade, Inc.

Copyrights, logos, and trademarks are property of tastytrade, Inc. All rights reserved.

tastytrade, Inc., member FINRA | SIPC | NFA