INDIGENOUS WEALTH SERVICES
Cardinal Point provides comprehensive advisory and investment services to Indigenous communities across Canada and the United States.
INDIGENOUS WEALTH SERVICES
Cardinal Point provides comprehensive advisory and investment services to Indigenous communities across Canada and the United States.
We work with Community Trustees and Leadership to help build strategies that assist in meeting the needs of today, without compromising the needs of future generations. We provide professional services and institutional-style investment philosophies which are uniquely available to us. This investment style is akin to some of the best endowment funds in the world, all while keeping costs low.
Trustees and Leadership will work directly with our Indigenous Portfolio Manager to ensure that the work we do focuses on the next seven generations of communities and those who live in them.
We have partnered with several indigenous-run not-for-profits and are committed to giving back to communities at a grassroots level.
Devan Legare
Portfolio Manager
Devan Legare Featured in Article About Financial Education Within the Indigenous Community
Read a new article on Wealth Professional featuring Devan Legare, portfolio manager at Cardinal Point and co-founder of the Indigenous Finance Collective, where he discusses his mission to improve networking, financial education and literacy within the Indigenous community.
Comprehensive financial planning
Learn the benefits of a Canada-U.S. cross-border financial plan.
A holistic approach
We handle all of your Canada-U.S. investment, tax, estate & financial planning needs
OUR RECENT PUBLICATIONS
Cross Border Financial Planning – Non-Arm’s Length Cross-Border Gifting
When gifting assets in a non-arm’s length transaction, there are many financial and tax complexities to consider based on U.S. and Canadian laws. Where you and the recipient live, their immigration status, and the nature of their relationship all come into play. That’s true whether you give the gift of college tuition or a down payment on a home to a child, you are using an estate planning gifting strategy between spouses to avoid lengthy probate, or you are gifting property like jewelry or automobiles. This article provides insights to help you avoid unwanted and potentially steep tax liability and to ensure a smoother gift giving process.
Cross Border Wealth Management: Navigating your RESP
A Registered Education Savings Plan (RESP) is a powerful asset when saving to pay for post-secondary education. College tuition had already become almost prohibitively expensive, years before recent historic inflationary pressures made the cost of higher education rise even more dramatically. That’s a constant challenge for parents who want to help fund their children’s post-secondary education. Navigating those challenges becomes more complicated when the RESP subscriber or the beneficiary reside in different countries. This article gives you an informative overview of some of the most common challenges, and insight into the most effective ways to proactively manage an RESP as part of your cross-border tax and financial planning.
Navigating Residency and Income Sourcing for Internationally Mobile Employees in Canada
Traveling across national borders for employment is increasingly common, and many Canadians derive income while working in the U.S. Similarly, many U.S. residents visit Canada to work for Canadian employers. But doing so can potentially expose you to complex tax rules, liabilities, and double taxation. That’s why strategic cross-border tax planning is essential to ensure full compliance with the tax laws of both nations while helping to minimize the taxes you are obligated to pay. This blog explains the nuances of cross-border tax law, how those may impact you, and solutions for navigating the complicated tax regulations.