Model portfolios finally become key cog in US advice market
Industry has had a ‘slow and steady transition’ towards it being financial planning-oriented
US
-
-
Merrill WM unveils adviser-client matchmaking tool
A third of affluent Americans currently do not have a financial planner
-
Global wealth manager sets up US expat advice operation in Europe
It will offer a range of financial planning and investment services
-
US life insurer unveils wealth accumulation products
Primarily through exposure to equity markets and dividends
-
How to serve US clients abroad
Some firms find them ‘too costly and complex’ to have as customers
-
What should expats consider before moving to the US
Flexibility of financial plans are key for clients
-
Nine US investment advice firms charged with regulatory breaches
They have all agreed to pay combined penalties of over $1m
-
Blacktower unveils Portugal expat service for US nationals
Firm plans to expand offering across Europe ‘and perhaps internationally in the near future’
-
Global wealth manager unveils Tokyo office
To bolster its offering for US expats
-
Lombard International sells US and Bermuda business
It remains focused on growing its operation in Europe
-
UK firm enters US structured product market
Company also has operations in the UAE and South Africa
-
How to overcome US expat financial planning challenges
‘Americans living overseas must pay particular attention to the complexities of dual taxation when investing’