How to Choose the Right Cross-Border Wealth Manager
For UK expats living in the United States or Americans with financial interests in the UK, cross-border wealth management is anything but straightforward. Two tax systems, competing regulations, and currency exposure can complicate even the most well-intentioned plan. Choosing the right advisor can make all the difference between a well-coordinated strategy and one riddled with inefficiencies.
Understand the Difference Between Domestic and Cross-Border Advice
A domestic financial advisor typically focuses on planning within one jurisdiction. A cross-border wealth manager understands how rules interact across both the UK and US. This includes knowledge of UK pensions, US retirement accounts, tax treaties, estate planning coordination, and currency strategy.
Look for True Fiduciary Alignment
Cross-border clients benefit most from advisors who act as fiduciaries, meaning they are legally required to act in your best interest. Confirm that your advisor is fee-based, independent, and licensed to provide advice in the US.
Evaluate Experience and Network
Cross-border planning requires collaboration among tax specialists, attorneys, and investment professionals. A strong wealth manager will have a vetted network of partners on both sides of the Atlantic to coordinate all aspects of your plan.
Consider Service Model and Transparency
Large institutions may provide broad access to products but often lack personalized service. A boutique wealth manager, on the other hand, tends to offer direct access to senior advisors, faster responsiveness, and transparent fee structures.
Selecting the right cross-border wealth manager is about more than credentials. It is about trust, communication, and a shared understanding of what wealth means to you across two financial systems.
At BlackPoint Capital Partners, we specialize in helping UK expats and Americans with UK assets navigate the complexities of cross-border wealth. Our fiduciary approach ensures that every recommendation aligns with your goals on both sides of the Atlantic.
Some of the content of this communication was provided by third parties of BlackPoint Capital Partners. We have not verified the information contained herein, but we believe the content is reliable. None of this content should be construed as legal, accounting or tax advice. Tax laws are complex and often have highly-individualized requirements, you should seek the advice of a competent tax professional if you have specific tax questions.
