If you are a US citizen or have worked in the US and gained assets, such as IRAs and 401(k)s, knowing how to manage that wealth can be confusing and complex once you are living in Canada. At Grant Investments, clients can find convenience and cross-border, licensed advisors to steer them in the right direction.
“As a resident of Qualicum Beach, I have met many retirees in recent years, many of whom have moved to Qualicum Beach, Parksville and nearby Communities from other areas,” says Jim Grant, owner of Grant Investments/Raymond James, and licensed investment advisor.
“Through my personal licensing and registration, and the Raymond James (USA) Ltd. cross-border platform, I can manage US investment plans, such as IRAs,” says Grant.
At Raymond James (USA) Ltd., clients find an experienced advisor licensed and registered in both Canada and the United States.
“We understand the challenges that the cross-border American citizen faces and have strong connections with other cross-border professionals in areas like tax, trust and estate planning, insurance and immigration,” says Grant.
In many situations, local investors with US retirement plans still deal with investment companies south of the border.
“In addition to regulatory concerns, there are convenience issues that can be easily overcome by working with a local Raymond James cross-border wealth management professional,” says Grant.
Grant can work with cross-border accountants to ensure retirement plans goes smoothly.
Grant’s clients are in Parksville, Qualicum Beach, Campbell River, Courtenay, Comox, Nanaimo, and Victoria. They rely on Grant Investments to help them navigate the complexities of cross-border investing.
Grant Investments can help with things like RRSPs, and RRIFs for Canadians living in certain US States , IRAs for Americans living in Canada, Investments for Americans wanting Canadian securities, and investment accounts for US-resident children of Canadian-resident parents.
By being licensed and registered in both countries, investment professionals like Grant can be connected to other cross-border centres of influence and offer a holistic wealth management solution.
“We can coordinate your entire portfolio of assets and keep you on track to achieving your financial goals,” says Grant.
Feel free to call or visit the Raymond James office in Parksville (across from the McDonalds).
Grant Investments is part of Raymond James Private Investment Management Group which provides registered Portfolio Managers with credentials and experience to manage your money prudently and effectively.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
