YOUR CROSS-BORDER
FINANCIAL ADVISOR
We are dedicated to helping affluent families oversee their ongoing U.S., Canada and cross-border financial planning complexities.
YOUR CROSS-BORDER
FINANCIAL ADVISOR
We are dedicated to helping affluent families oversee their ongoing U.S., Canada and cross-border financial planning complexities.
Cardinal Point is an independent Canadian-U.S. wealth management company created to service the sophisticated needs of high net-worth families. Our financial advisors operate under the fiduciary standard and understand that your wealth, family, interests and values are all interconnected.
We are dedicated to providing investment management, financial, estate and tax planning solutions to residents of the U.S. and Canada, Americans moving to Canada, Canadians moving to the U.S. and Canadian and U.S. expats living abroad.
Cross-Border Wealth Services
Moving from Canada to the U.S.
Canadians living in the U.S.
Moving from the U.S. to Canada
U.S. citizens living in Canada
Canadian and U.S. Expats Living Abroad
For those Canadians and Americans moving or living abroad, careful cross-border financial planning considerations must be given to ensure tax and regulatory compliance in both your home and adopted countries.
FEATURED WHITE PAPERS
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.
U.S. TAX RESIDENTS: HOW TO NAVIGATE PFIC INVESTMENT RULES
U.S. taxpayers living in Canada or the U.S. can unknowingly employ investment strategies in their portfolios that have unfavorable U.S. tax implications. Learn which investment securities should be considered and avoided within your investment accounts.
FEATURED MEDIA
Podcast: Canada/US Cross-Border Planning Revisited with Terry Ritchie
Cardinal Point’s VP and partner Terry Ritchie joined host Jason Periera on his podcast to discuss recent developments around financial planning issues for Americans living in Canada and Canadians investing in the US.
Ebook: Lifetime Capital Gains Exemption & Qualified Small Business Corporation
The Lifetime Capital Gains Exemption (LCGE) is available to all Canadian residents and Americans living in Canada as a tax deduction on the sale of a Qualified Small Business Corporation (QSBC).
Ebook: Cross Border Implications of Holding 529 Plan
Many Canadians move for career opportunities to the U.S., work and raise families, and then plan to relocate back to Canada. A qualified tuition and educational savings plan for children (a 529 plan) is exempt from taxation in the U.S., in most cases …
OUR RECENT PUBLICATIONS
Navigating Digital Assets in Estate Planning
These days almost everyone holds valuable digital assets and they continue to accumulate them. Examples include online financial accounts, photos and videos on smartphones, and digital currencies like Bitcoin. These may have financial value, legal value, or significant sentimental value. But most people do not fully consider the importance of including these digital assets when doing their estate planning. That leaves them exposed to the risk that if they are impaired or die, the assets may be difficult or even impossible to access. This article explains how to avoid that risk, to ensure a seamless transfer of digital assets for the benefit of both you and your beneficiaries.
Cross-Border Wealth Management: Overcoming the Downside of Over-Funding Your Child’s 529 Plan
For both Canadian and U.S. residents, a 529 plan can be a very effective tool to help save for a child’s higher education. Plus, recently passed U.S. legislation under the SECURE Act 2.0 offers a unique way to more efficiently manage 529 contributions. Starting in 2024, it will be possible to transfer into a Roth IRA any extra funds that remain in the 529 after all educational expenses have been paid – as long as certain eligibility requirements are met. As this blog explains, that can enable you to avoid steep 529 withdrawal taxes and penalties, while continuing to accumulate wealth in a tax-free Roth IRA.
Matt Carvalho Featured in the Globe and Mail
The Globe and Mail recently asked Cardinal Wealth Management’s Chief Investment Officer, Matt Carvalho, to help explain “direct indexing” – a hot topic in the investment industry. He described some of the pros and cons of direct indexing to customize your portfolio compared to using an ETF or mutual fund.