Cross Border Clients

Canadians moving to the U.S.

The two most common reasons why Canadians move to the United States are to try to escape the cold or to follow a new employment opportunity. When they do, they can find themselves in the unfortunate situation of being 'orphaned' by their existing Canadian based Investment Advisors as most Canadian investment advisory firms are not properly registered to do business with Canadians in the United States. The case study below illustrates how our group at Sartorial Wealth of Raymond James Ltd. can help.

Working In The U.S. (The Case Scenario)

Frank is a senior-level bank executive who built his career in Canada, but seized a growth opportunity to take a position in the United States. He planned to relocate and spend at least 10 years across the border, leaving his RRSP and other investments in Canada, where he would eventually retire.

IRA, 401k, Roth IRA and RRSP (The Case Issues)

Though the move was good for his career, it complicated his financial picture. He would have to enlist a U.S. advisor to handle his IRA, 401(k(, Roth IRA and non-registered savings, while keeping his Canadian advisor solely for his RRSP account.

Cross-Border Financial Advisor (The Case Solution)

Frank would no longer need two advisors to accomplish his goals. His Sartorial Wealth of Raymond James Ltd. cross border advisor can create a disciplined investment strategy and comprehensive retirement income plan that can take his entire portfolio into consideration, regardless of where Frank ultimately ends up.

Feel free to schedule a call and we would be happy to give you a complimentary analysis of your financial situation.


Raymond James (USA) Ltd. All rights reserved. Raymond James (USA) Ltd. (RJLU) advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. This website may provide links to other Internet sites for the convenience of users. RJLU is not responsible for the availability or content of these external sites, nor does RJLU endorse, warrant or guarantee the products, services or information described or offered at these other Internet sites. Users cannot assume that the external sites will abide by the same Privacy Policy that RJLU adheres to. Investing in foreign securities involves risks, such as currency fluctuation, political risk, economic changes, and market risks.

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