David Treitel, a London-based US- and UK-qualified tax specialist, has struck out on his own with a new firm that specialises in helping American citizens, as well as advisers with American clients, who need help navigating the increasingly complex US tax landscape.
The Internal Revenue Service has announced that it will help American citizens based overseas to catch up on Reports of Foreign Bank and Financial Accounts, in an apparent softening of its stance on the timely filing of US federal income tax returns.
The deVere Group has named a Guernsey wealth management expert, Adrian Flambard, to head up its New York City office, which the company says it sees as its base for a major push into the US market.
Pension planning considerations for US-linked clients was how a seminar held today in London was billed. But it might as well have been entitled be sure to consult an expert if your US-linked client wants advice on his UK pension.
Building on the existing regulatory infrastructure for overseeing Americas financial advisers would be better than introducing new legislation of the kind introduced this week by House Finance Services Committee chairman Spencer Bachus and Rep Carolyn McCarthy, a group claiming to represent nearly 75,000 US financial planners said.
US lawmakers have introduced new legislation aimed at boosting the standards of advice on offer from Americas advisory industry, following in the footsteps of the UK, Australia and Singapore.
Syz & Co is to make a new US equity strategy available to European investors, managed by Kansas-based Scount Investments.
Bowing to pressure from foreign governments, financial institutions and expatriate Americans around the world, the US is seen to be planning to make significant changes to its unpopular FATCA reporting requirements, which are due to take effect in 2013.
BlackRock is putting plans in place to launch an absolute return Sicav based on securities in the US, Canada and Latin America.
A survey of mostly American single-family offices has found that more than 80% are now offering their clients professional help in seeing that they and their families are safe.
RBC Wealth Management has appointed two US-based directors, to cover the north-east and west coast regions of the country.
Threadneedle has launched a US Contrarian Equities fund that will be managed by Columbia Management.
