Advice

The challenge

Seeking advice but has been turned down by other advisers.

Ian is a British expat living in the States. So far, he feels like he’s okay for retirement – he has accumulated a large 401(k) at his current job and manages a smaller US brokerage account.

Recently, he has started to wonder if he’s doing enough, and moreover, if he might be missing some important impacts of his US/UK cross-border ties. He feels that now is the time to get organised to secure his and his family’s financial future, but he’s been told by multiple US advisers that he falls below their minimum investment requirement.

He’s frustrated at the lack of options and not sure how to get the advice he needs.

Our solution

Get started working with Plan First Wealth today via our advice proposition.

Ian’s situation is not uncommon. His largest asset is his 401(k), and he’s still actively contributing. He’s been told that his brokerage account of several hundred thousand dollars isn’t enough to get advice from a financial adviser.

Ian found Plan First Wealth and learned that he had more than enough under our advice proposition. With lower minimum asset requirements, this is a viable path for those earlier in their careers, or perhaps those who feel they are too far away from retirement to pursue the full planning offering.

The result

Cross-border investment advice when he needed it to work towards a successful retirement.

Ian started working with us a decade before he plans to retire. With our guidance and advice, he can take advantage of the unique opportunities he has as an expat, and maybe even more critically, avoid the most disastrous landmines along the way.

As he approaches retirement, Ian will work closely with his adviser on an investment strategy that can be implemented in his brokerage and later his 401(k) to support his retirement income.

Case studies presented are based on actual clients; however, some of the information has been changed or altered. These studies are provided for educational purposes only. Similar, or even positive results, cannot be guaranteed. Each client has their own unique set of circumstances, so products and strategies may not be suitable for all people. Please consult with a qualified professional before implementing any strategy discussed herein.

No portion of these case studies is to be interpreted as a testimonial or endorsement of the firms’ investment advisory services.