Cross Border Solutions

Why work with a cross-border financial advisor?

While Niagara Falls connects the U.S. and Canada, their taxation and investment regulations create a gap as wide as the falls themselves. In fact, in the world of finance, the seemingly parallel landscapes of those two neighbours become distinct and intricate when it comes to retirement plans, investment portfolios and ways these are taxed.

Enter the cross-border financial advisor – a professional specialized in ensuring a smooth sail for clients navigating the twists and turns of the Canada-U.S. wealth management landscape.

From developing comprehensive investment and tax-efficient strategies to ensuring you meet regulatory requirements on both sides of the border, David Cox can provide tailored solutions that enable you to meet your financial and lifestyle goals no matter on which side of the border you live.

Moving from the U.S. to Canada?

Don’t let the divergent tax and securities regulations cast a shadow on your retirement plans.

David Cox can manage your U.S.-based retirement accounts even if you’re a resident of Canada.

Our cross-border solutions

Licensed in both the U.S. and Canada, David performs 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
• 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
• Avoiding having to collapse or liquidate your investment accounts or risk significant penalties and tax consequences as a result of your move
• Investing in your portfolio in the currency of your choice via our advanced multi-currency platform
• Assessing limitations on funds transfers and taxation on various holdings

Did you know?

The U.S. doesn’t have equivalent capital gains

tax exemptions to Canada’s. For example, if you own a primary residence in Canada and decide to sell it, you may have to pay taxes in the U.S. on the capital gain in excess of the US$250,000 primary residence exemption (US$500,000 for married filing jointly taxpayers).

Consult with our tax professionals who can provide preliminary guidance, walk you through what taxes apply to your situation and discuss ways you can maximize your tax efficiency.

What sets us apart?

At Financially INsync, we understand that no two financial situations are the same. Whether you’re moving assets, relocating or seeking better opportunities abroad, our cross-border financial advisors develop personalized, strategic solutions that empower you to navigate the complexities with confidence.

Here’s a quick look at ways David can help you unlock the full potential of your wealth across the Canada-U.S. border.

Mitigating tax implications by:

• Developing tax-efficient strategies* and helping you minimize your tax liabilities on both sides of the border
• Providing a pre-move tax consultation with our cross-border tax experts to discuss planning opportunities before moving to a new country
• Navigating the complexities of tax treaties and understanding residency rules
• Optimizing investment placement to ensure you’re not overburdened with unnecessary tax obligations

Aligning your investment strategy and retirement planning by:

• Helping you maximize retirement savings while avoiding penalties
• Exploring opportunities while minimizing risks associated with cross-border investments
• Maximizing retirement benefits paid by Canada and the U.S. such as social security, Medicare, Canada Pension Plan and Old Age Security

Providing estate planning by:

• Crafting customized estate plans compliant with both Canadian and U.S. legal frameworks
• Ensuring a smooth transition for your loved ones
• Assessing exposure to U.S. estate tax and Canadian income taxes at death
• Planning for Canadian and U.S. probate fees

Building a holistic, robust financial plan that:

• Seamlessly integrates both U.S. and Canadian assets
• Assesses your unique needs, goals and challenges
• Provides tailored solutions aimed at optimizing your financial outcomes and fostering longterm growth

Did you know?

Certain securities can’t transfer between the U.S. and Canada. As well, some Canadian investments, such as ETFs, may create punitive U.S. tax consequences or tax filing complexities.

Don’t let a change of residency across the border stop you from preserving and growing your wealth. Reach out to David to learn how our cross-border solutions enable you to navigate the intricate waters between Canada and the U.S.

One advisor. Two countries.

When you choose Financially INsync, you won’t have to scatter your wealth across varying 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.

Ready to embark on a seamless cross-border financial journey?

Contact David today and discover how we chart your course to financial prosperity and peace of mind.