Our Services
At 49th Parallel Wealth Management, we offer comprehensive financial solutions and plans tailored to meet the unique cross border wealth management needs of clients managing finances.
Cross-Border Financial Solutions
⦁ Navigating the financial complexities of living, working, and wealth planning in both the United States and Canada.
⦁ Coordinating financial plans to ensure compliance with both countries’ regulations.
⦁ Managing currency exchange risks and opportunities.
⦁ Coordinating financial plans to ensure compliance with both countries’ regulations.
⦁ Managing currency exchange risks and opportunities.
Investment Management (U.S. Only)
⦁ Developing personalized investment strategies tailored to individual risk profiles and financial goals and using wealth management strategies.
⦁ Diversifying portfolios geographically and across market sectors.
⦁ Ongoing portfolio management and performance monitoring.
⦁ Ongoing compliance monitoring and reporting.
⦁ Diversifying portfolios geographically and across market sectors.
⦁ Ongoing portfolio management and performance monitoring.
⦁ Ongoing compliance monitoring and reporting.
Retirement Planning
⦁ Creating comprehensive retirement plans that account for cross-border residency, assets, and income sources.
⦁ Analyzing and optimizing distribution strategies from retirement savings vehicles (RRSPs, IRAs, 401(k)s, etc.).
⦁ Financial Solutions for ensuring sustainable income in retirement should include accounting for multiple currencies.
⦁ Analyzing and optimizing distribution strategies from retirement savings vehicles (RRSPs, IRAs, 401(k)s, etc.).
⦁ Financial Solutions for ensuring sustainable income in retirement should include accounting for multiple currencies.
Tax Optimization
⦁ Implementing strategies to minimize tax liabilities in the U.S. and Canada, both now and in the future.
⦁ Advising on tax-efficient investment structures and cross-border tax implications.
⦁ Coordinating with tax professionals to ensure compliance and optimize tax outcomes.
⦁ Advising on tax-efficient investment structures and cross-border tax implications.
⦁ Coordinating with tax professionals to ensure compliance and optimize tax outcomes.
Estate Planning
⦁ Designing estate plans that address cross-border estate tax issues and probate processes.
⦁ Incorporate trusts and other vehicles to protect and transfer wealth efficiently.
⦁ Ensuring wills and estate documents are valid in both countries.
⦁ Incorporate trusts and other vehicles to protect and transfer wealth efficiently.
⦁ Ensuring wills and estate documents are valid in both countries.
Financial Solutions for Education
⦁ Creating savings plans for education expenses, including 529 plans and RESPs.
⦁ Advising on scholarships, grants, and other funding opportunities.
⦁ Structuring cross-border education funding strategies.
⦁ Advising on scholarships, grants, and other funding opportunities.
⦁ Structuring cross-border education funding strategies.
Risk Management and Insurance Planning
⦁ Evaluating insurance needs and recommending appropriate coverage (life, health, disability, etc.).
⦁ Coordinating insurance policies across borders.
⦁ Implementing strategies to protect assets and mitigate risks.
⦁ Coordinating insurance policies across borders.
⦁ Implementing strategies to protect assets and mitigate risks.
Business Planning and Succession
⦁ Assisting business owners with cross-border business structuring and tax strategies.
⦁ Developing succession plans to ensure smooth transition and continuity.
⦁ Advising on conditions of employment, employee benefits and retirement plans for cross-border employees.
⦁ Developing succession plans to ensure smooth transition and continuity.
⦁ Advising on conditions of employment, employee benefits and retirement plans for cross-border employees.
Charitable Giving and Philanthropy
⦁ Advising on tax-efficient charitable giving strategies.
⦁ Setting up charitable trusts and foundations.
⦁ Coordinating cross-border philanthropy efforts.
⦁ Setting up charitable trusts and foundations.
⦁ Coordinating cross-border philanthropy efforts.
Cash Flow and Debt Management
⦁ Analyzing and optimizing cash flow to meet short-term and long-term financial goals.
⦁ Developing strategies for managing and reducing debt across borders.
⦁ Advising on credit management and lending options.
⦁ Developing strategies for managing and reducing debt across borders.
⦁ Advising on credit management and lending options.