CANADA–U.S. CROSS-BORDER WEALTH MANAGEMENT
Moving between Canada and the United States can affect far more than your address. It can change who is legally able to advise you, how your investment accounts are managed, how retirement assets are coordinated, how currency is handled, and how your estate plan works across borders.
Heart Wealth Management Group of Raymond James Ltd. helps high-net-worth Canadians, Americans, dual citizens, executives, retirees, snowbirds and families coordinate wealth across Canada and the United States.
Our cross-border advisory team includes professionals licensed in both Canada and the United States, allowing eligible clients to coordinate Canadian and U.S. investment accounts through the appropriate Raymond James platform, subject to registration and jurisdictional requirements.
We are especially well suited to clients with meaningful cross-border complexity, including retirement assets, business interests, real estate, inheritances, concentrated investments, family trusts, currency needs or estate-planning considerations on both sides of the border.
Planning a move or managing wealth in both Canada and the United States?
Schedule a confidential cross-border consultation
Call us today: 1.888.778.0356
Email: heart.wealth@raymondjames.ca
WHAT DUAL-LICENSED MEANS FOR YOU
Cross-border wealth management is not simply financial planning with a passport. Investment advice is regulated by country, province, state and account type.
Many advisors who are properly licensed in Canada may not be able to continue advising a client after that client becomes resident in the United States. The same issue can arise when an American client moves to Canada.
A dual-licensed advisory relationship can help eligible clients coordinate Canadian and U.S. investment accounts without relying on disconnected advisory teams in two countries. Canadian accounts may be held through Raymond James Ltd., while eligible U.S. accounts may be held through Raymond James (USA) Ltd.
The goal is coordinated investment oversight, currency-aware planning, tax-aware withdrawal strategy, and continuity through major life transitions.
Raymond James advisors do not provide tax or legal advice. We work alongside your qualified cross-border tax, legal and estate professionals so investment decisions are coordinated with your broader planning needs.
WHO WE HELP
We work with clients whose lives, wealth, families or future plans cross the Canada–U.S. border, including:
Canadians moving to the United States
You may be relocating for work, retirement, family, lifestyle or a liquidity event. We help you review investment accounts, registered plans, tax-aware investment structure, currency needs and advisory continuity before and after your move.
Americans living in Canada
You may have U.S. retirement accounts, Canadian investment accounts, Canadian tax residency, U.S. filing obligations and investments that are treated differently by each country. We help coordinate your investment strategy with awareness of both systems.
Dual citizens, green card holders and snowbirds
Your citizenship, residency, tax filing obligations, beneficiaries, retirement income and long-term plans may span both countries. We help bring these pieces into one coordinated wealth strategy.
Executives, professionals and business owners
Stock options, restricted share units, pensions, deferred compensation, concentrated positions, private company shares and liquidity events can become more complex when life crosses borders.
Families with cross-border estates or inheritances
Families may have Canadian and U.S. beneficiaries, trusts, inheritances, real estate, business interests or charitable goals that require careful coordination.
HOW WE HELP
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We review your Canadian and U.S. accounts, retirement plans, citizenship, residency timeline, currency exposure, concentrated holdings, tax-aware investment structure and estate-planning considerations.
This review may include RRSPs, RRIFs, TFSAs, IRAs, Roth IRAs, 401(k)s, taxable accounts, corporate accounts, pensions, trusts and inherited assets.
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Where permitted, we help eligible clients review Canadian and U.S. account structures, state or provincial registration considerations, documentation requirements and advisor-continuity options before a move, inheritance or liquidity event creates urgency.
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Cross-border clients may hold retirement assets in both countries. We help coordinate investment strategy and retirement-income planning for RRSPs, RRIFs, IRAs, Roth IRAs, 401(k)s, pensions, CPP, OAS and U.S. Social Security.
Before any transfer, rollover, withdrawal or restructuring decision is made, we coordinate with your tax advisor so investment decisions are aligned with residency and tax considerations.
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U.S. persons living in Canada may face additional reporting and tax complexity when holding certain Canadian mutual funds, ETFs or pooled investments.
We help identify holdings that should be reviewed with a qualified U.S. tax advisor and consider alternative investment structures where appropriate.
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Many cross-border families earn, spend, invest or retire in more than one currency. We help build income and liquidity strategies that consider Canadian dollars, U.S. dollars, foreign exchange, portfolio income, retirement withdrawals and future spending needs.
For families with beneficiaries, trustees, retirement accounts, real estate, trusts or estates on both sides of the border, we also coordinate with legal and tax professionals to help align investment accounts, beneficiary designations, liquidity, currency decisions and long-term family objectives.
WHY HIGH-NET-WORTH FAMILIES CHOOSE HEART WEALTH
Cross-border advisory access
Our team includes advisors licensed in both Canada and the United States, allowing eligible clients to coordinate Canadian and U.S. investment accounts through the appropriate Raymond James platform.
Continuity through transition
A move between Canada and the United States does not need to mean starting over with an entirely new advisory relationship. We help clients review their options before residency, account access or registration issues become urgent.
High-net-worth planning lens
Our clients often have multiple accounts, retirement assets, executive compensation, business interests, family trusts, real estate, charitable goals or beneficiaries in more than one country.
Coordinated professional advice
We work alongside qualified cross-border accountants, lawyers, estate professionals and other specialists so your investment strategy is aligned with your broader tax, estate and family planning.
Personal, discreet service
You work with a senior advisory team that values thoughtful planning, responsive communication and long-term relationships.
FREQUENTLY ASKED QUESTIONS
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Not always. Investment advice is regulated by jurisdiction. If you become resident in the United States, your existing Canadian advisor may not be registered to continue advising you.
Our cross-border advisory structure allows us to help eligible clients review continuity options, subject to applicable registration and jurisdictional requirements.
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Many Canadians can keep an RRSP or RRIF after moving to the United States, but tax treatment, reporting requirements and state-level considerations should be reviewed with a qualified cross-border tax advisor.
We help coordinate the investment and income-planning side of that discussion.
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It depends on the account type, custodian, residency, age, income needs, tax situation and long-term plans.
Some U.S. custodians restrict services to non-U.S. residents. We help eligible clients review their account-management options through the appropriate Raymond James platform and coordinate with cross-border tax professionals before any rollover, transfer or withdrawal decision is made.
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They can be. Certain Canadian pooled investments may create PFIC reporting and tax complexity for U.S. persons.
We help review portfolios for holdings that should be discussed with a qualified U.S. tax professional and consider alternatives where appropriate.
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Yes. Cross-border inheritances can involve beneficiary-account rules, withholding, Canadian tax reporting, currency decisions, investment management and estate coordination.
We help coordinate the investment and account-management side of the process with qualified cross-border tax and estate professionals.
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No. Raymond James advisors are not tax or legal advisors. We provide wealth management and investment advice, and we coordinate with qualified tax, legal and estate professionals where appropriate.
Schedule a cross-border strategy session
The earlier planning begins, the more options you may have. Ideally, cross-border planning should start before your residency changes, before accounts are transferred, and before tax-sensitive investment decisions are made.
Schedule a confidential cross-border consultation
Call us today: 1.888.778.0356
Email: heart.wealth@raymondjames.ca
Expert Guidance: Cross-Border Tax and Investment Strategies
Watch our team explain critical considerations for Canada-U.S. transitions, including common pitfalls and strategic opportunities.
Team Credentials: All advisors hold dual licensing for seamless cross-border service
April's Profile: SEC Registration | FINRA Profile
Pam’s Profile: SEC Registration
Chad’s Profile: SEC Registration | FINRA Profile
April is licensed in Canada and the US. Links to my profile on the SEC and FINRA here:
https://adviserinfo.sec.gov/individual/summary/5528668
https://brokercheck.finra.org/individual/summary/5528668
Raymond James (USA) Ltd. (RJLU) advisors may only conduct business with residents of states and/or jurisdictions for which they are properly registered.
