Offering Cross-Border Wealth Management Solutions
Offering cross-border wealth management solutions
Part of the Raymond James Financial family of companies, Raymond James (USA) Ltd., or RJLU, is a Canada-based U.S. registered investment firm offering integrated cross-border wealth management solutions to Americans living in Canada and Canadians living in the U.S. As advisors with both RJL and RJLU, we are licensed and regulated in both Canada and the U.S. We work closely with clients to translate their personal needs into a strategy for their cross-border accounts. We also advise clients on cross-border issues such as Passive Foreign Investment Company (PFIC) rules and IRA rollovers, and maintain professional networks to assist with planning, taxation and legal services, as required.
RJLU enables U.S. resident clients to hold both Canadian and U.S. currency accounts. This allows Canadian equities and Canadian dollar denominated fixed income to be added to client portfolios without having to settle in U.S. currency, thus avoiding foreign exchange spreads. U.S. clients can gain expert access to quality Canadian investment grade instruments with our assistance.
Licensed in both the U.S. and Canada, we perform an in-depth financial analysis that offers various cross-border solutions including:
- Managing both U.S.- and Canada-based assets and investment accounts, such as IRAs, inherited IRAs, 401(k) rollovers and RRSPs, with one financial advisor
- Avoiding having to collapse or liquidate your investment accounts of risk significant penalties and tax consequences as a result of your move
- Assessing limitations on funds transfer and taxations on various holdings
- Creating a disciplined, unified investment strategy and solid retirement plan for your U.S. and Canadian assets, aimed at giving you financial peace of mind
- Investing in your portfolio in the currency of your choice via our advanced multi-currency platform
How does Raymond James (USA) Ltd. help?
First, Raymond James (USA) Ltd., "RJLU", unlike most investment firms registered with FINRA and the SEC, operates in and across Canada. RJLU is a subsidiary of Raymond James Ltd. and has completed an exemption from registration application in Canada to be able to help American citizens living across Canada.
Second, at Raymond James (USA) Ltd., you'll find an experienced advisor who is registered in both Canada (with RJL) and the United States (with RJLU) to assist clients with accounts on both sides of the border. We understand the challenges that the cross-border American citizen faces and have strong connections with other cross-border professionals in areas like tax, trust and estate planning, and insurance and immigration.
By being registered in both countries and well-connected to other cross-border centres of influence, we can offer you more than just a U.S. wealth management solution. We can offer you a holistic wealth management solution and coordinate your entire portfolio of assets to keep you on track to achieving your financial goals.
When you choose Raymond James (USA) Ltd., you won’t have to scatter your wealth across various plans, different financial advisors or firms. You’ll get to work with one financial advisor – licensed to do business in both the U.S. and Canada – who can develop a cohesive wealth management strategy that transcends borders.
Some of the accounts we manage for clients include:
- RRSPs and RRIFs for Canadians living in the US.
- IRAs for Americans living in Canada.
- Investments for Americans wanting Canadian securities.
- Investment accounts for US-resident children of Canadian-resident parents.
For case studies of the types of cross-border situations we can assist with, click here.
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.
