Custodian Closed Your Cross-Border Investment Account?
- Is your wealth management firm closing your investment account because you are a non-resident? You are not alone. Many U.S. investment companies and custodians have made a choice to no longer work with expats or non-residents who live outside of the U.S. Most do not have the proper licensing, registration or the desire to adhere to the ongoing compliance rules associated with working with a non-resident of the U.S.
- Do you work with a cross-border financial advisor? We can help.
Who is Cardinal Point Wealth Management?
Cardinal Point is a cross-border wealth management firm with a deep understanding of assisting expatriates from both the United States and Canada. Whether you reside in the U.S. as a Canadian, in Canada as an American, or as a Canadian or U.S. citizen abroad, we are here to offer tailored solutions for investment management, tax planning, financial services, and estate planning.
Featured Articles
FATCA Tax Evasion Law: What You Need to Know
The Foreign Account Tax Compliance Act (FATCA) has now been in force for about a year now. Its goal: to prevent millions of U.S. taxpayers, and the global financial institutions that serve them, from evading U.S. tax on income and assets held outside the United States…[Read More…]
Residents of Canada: What are the Canadian and U.S. Tax Ramifications when being forced to liquidate a U.S. brokerage account.
Many banks and brokerage firms, including Wells Fargo, Morgan Stanley,Fidelity, and others, are informing U.S. non-resident clients that they are no longer able to service their accounts and that their accounts have been restricted or even closed…[Read More…]
Featured Downloads
Ebook: For Residents of Canada – What are the Canadian and U.S. Tax Ramifications When Being Forced to Liquidate a U.S. Brokerage Account?
We all recognize that significant differences exist between Canadian and U.S. tax laws—but the differences don’t stop with the lawbooks. They extend to the professionals preparing tax returns for those who must deal with both countries’ tax systems. Download our ebook to get the latest insight into the tax ramifications of being forced to liquidate your brokerage account due to your advisor not having the proper licenses and certifications.[Download]
White Paper: Manage Your Canada-U.S. Cross-Border Lifestyle
Whether you are transitioning residency between Canada and the U.S. or you have already made the move, it is important to understand the benefits of a cross-border financial plan. Learn how Cardinal Point can help when holding investment assets or financial interests in the U.S. or Canada.[Download]
You’ve got questions? We have answers
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