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Cross Border Services

Cross Border Services

Offering cross-border wealth management solutions

Private Wealth Management for Canadians, Americans and Expatriates

Stephen Maser is cross-border licensed through Raymond James (USA) Ltd. and able to overcome limitations other investment managers have and provide seamless, collaborative portfolio management of Canadian and US accounts, on a competitive fee basis.

We understand that moving between the US and Canada creates unique investment management and planning challenges and expert advice is often difficult or expensive to obtain.

Questions Asked Frequently of Stephen

  • What should I do with RRSP and TFSA, or 401K and IRA accounts?
  • Can I convert my 401K to an RRSP?
  • Do I still qualify for Canada Pension Plan or Social Security?
  • What is the FBAR or FinCEN 114, and what reporting do I need to do as an Expatriate?
  • What are my tax reporting requirements to both CRA and the IRS?
  • How do I know my US and Canadian investments and accounts are working together?
  • How do I manage currency risk?

What Our Clients can Expect

  • Professional management of US and Canadian investments and related accounts.
  • Advice regarding the opportunities and risks unique to cross-border investing.
  • Help in managing currency for your future cash flow needs.
  • Tax and estate planning information for cross-border situations.
  • Fee-based discretionary and non-discretionary management, depending on your situation.
  • Full transparency of fees and activities.

Sophisticated Portfolio Management

A key advantage our clients have is seamless, collaborative portfolio management for the following types of accounts:

  • Investment (brokerage or non-registered cash accounts)
  • Registered Retirement Plans (RRSP, Spousal and RRIF) and Locked-in Retirement Plans (LIRA)
  • Tax-Free Savings Accounts (TFSA) and Registered Education Plans (RESP)
  • Individual Pension Plans (IPP) and Retirement Compensation Agreement Plans (RCA)
  • Trust and Estate Accounts
  • Corporate Investment Accounts
  • Investment (cash or brokerage accounts), including Joint Tenancy or Community Property accounts.
  • Individual Retirement Accounts (Traditional IRA, Roth IRA, Rollover IRA, Beneficiary or Inherited IRA)
  • Company 401k, SARSEP plans, 403b plans.
  • Education Savings Accounts (ESA, 529 or Coverdell)
  • Trust and Estate Accounts
  • Corporate Investment Accounts

Cross-border Planning Made Simple

As a cross-border investor, you might have investment accounts on both sides of the border, such as an RRSP in Canada and an IRA in the USA. Usually, these accounts are held with various advisors and are managed independently. As a result, you may have experienced management and performance challenges when evaluating your portfolio. Investors with cross-border investments may not realize the significant risks to having a fragmented investment approach that can hinder a productive retirement portfolio. 

Some examples are:

  • A lack of collaboration and diversification with some sectors ignored and opportunities missed.
  • Significant overlap of similar positions and highly correlated funds and holdings, leading to redundancies and unnecessary expenses.
  • Improper tax and estate planning.
  • No currency management and future cash-flow needs analysis.
  • A lack of accurate bottom-line performance analysis; attribution becomes very difficult, if not impossible.
  • No coordination with tax and legal professionals to provide a holistic approach to cross-border wealth management & financial planning.

Partnerships With Independent Tax & Legal Experts

To provide comprehensive cross-border financial expertise, Stephen has partnered with recognized independent tax, legal and estate professionals to ensure that your needs are met by experienced industry professionals. If you have existing accounting and/or legal specialists that you work with, we will be pleased to establish a relationship and collaborate with them. If not, Stephen can recommend qualified individuals that will help you meet your goals.

Complimentary Consultation

As every client is different, unique circumstances apply and we do provide complimentary confidential consultations, which include:

  • Review of a detailed confidential questionnaire
  • Review of investments in light of tax-efficiency and long-term planning.
  • Review of your portfolio strategy and optimization of your return potential.
  • Market outlook and portfolio positioning.
  • Actionable next steps.

 

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.

Raymond James (USA) Ltd., member FINRA / SIPC