Bringing you live news and features since 2006 

Plane taking off

SRCM launches expat wealth management service


Saddle River Capital Management (SRCM) has launched a service to help expatriate clients – foreigners living in the US and US citizens living abroad – manage their investments.

Saddle River has identified many investors as stranded between tax and regulatory regimes in the US and elsewhere which has prevented senior executives from complying and meeting their investment objectives.
The Expat Wealth Management service assists expats in complying with US tax regulation in investment management, retirement planning, college planning, insurance, and estate planning via exchange-traded funds (ETFs).
This new offering brings US style investments to expat investors looking to invest USD500,000 to  USD5,000,000, subject to their personal tax considerations. Many expat investors are not aware of many of the tax breaks available to them in the US, as they assume that they are only eligible for tax breaks in their home country. SRCM aims to educate these investors and bring their personal tax advisor into conversations where their investments are concerned.
SRCM can help clients simplify their investments by handling multi-jurisdictions in multi- currencies in one platform.
“Having more than one account in more than one country is a good way to lose track of your assets and to send accounting costs through the roof,” says Richard Wolfe, managing director of Saddle River Capital Management.
“Our newly launched expat wealth management service fills a void in the marketplace for a couple of reasons. While other large firms may offer financial advice to foreigners living in the US, many ignore the concerns of those looking to manage less than USD5 million. In addition, many US-based firms experience compliance restraints when opening accounts for foreigners. Expats looking to manage their investments outside of their home countries have lots of questions, but not enough options when it comes to firms addressing their concerns.”
When expats are ready to move back home, SRCM helps them repatriate their assets and tax liabilities in their respective countries without having to change accounts by converting the assets into the currency of the domicile.

Latest News

BlackRock s iShares an undisputed leader among European ETF issuers pushed further ahead in Q1 with EUR173 billion in trades..
European ETFs raised USD47 8 billion in Q1 a 15 per cent increase compared to the same period in 2023..
LSEG Lipper s March report finds that globally equity ETFs +EUR113 2 billion enjoyed the highest estimated net inflows for..
Morningstar has published a review of the European ETF market for the first quarter 2024 which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs share of the US ETF market rose to 8 5 per cent at...
Kristen Mierzwa, FTSE Russell
Index Investments Group IIG a division within index provider FTSE Russell has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023 with an introductory suite of 11 ETFs seven thematic and four fundamental...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by