Let’s be honest, managing cross border finances as an American expat living in the UK basically requires a finance and legal degree. If you relocate to the UK with no financial affairs or ties remaining in the USA, managing financial affairs is mostly straightforward. Beyond taxes, it might be downright easy.
But, if you kept your house in the US while living in the UK, collecting rent, getting paid in US dollars and maybe receiving expense checks in GB pounds or any combination thereof, it really starts to get messy, confusing, and downright stressful.
If you find yourself in this situation, there are financial firms and individuals that can help you. Here are the 10 best for expats.
Top 10 Financial Advisors That Understand Legalese & Finance Between the US and UK
1 – Maseco
Maseco is a preferred choice by expats in my Facebook community! Offers wealth management services specifically for high and ultra-high net worth American expats. They focus on simplifying multi-jurisdictional wealth management needs and provide global investment management alongside US/UK tax-efficient financial planning.
2 – Tanager
Tanager is another preferred choice by expats in my Facebook community. It’s a toss up between Maseco and Tanager over which one is really the best, but both are highly referred financial manager firms. Tanager Helps transatlantic families manage finances. All advisors are both US and UK qualified, ensuring comprehensive cross-border financial planning and investment advice.
3 – LGT Wealth Management US
LGT specializes in tax and investment complexities faced by US-connected investors. They are both UK FCA regulated and SEC registered.
4 – Schroders Wealth Management US
Schroders provides wealth management services for Americans globally with a focus on US/UK tax efficiency.
5 – Dunhill Financial
Dunhill Financial specializes in cross-jurisdictional financial planning for US expats. Their team includes American expats with experience handling the challenges of managing financial affairs across borders.
6 – Vie International Financial Services
Vie offers high-value US life insurance and cross-border retirement solutions for affluent American clients. They offer wealth protection plans and they are regulated in both the UK and US.
7 – IAM Advisors
IAM specializes in helping American expats navigate the complexities of US tax obligations and investment strategies while living abroad. Their services include tax-efficient financial planning and investment management tailored to the needs of US citizens living in the UK.
8 – Blacktower Financial Management Group
Blacktower provides financial planning and wealth management services to American expats. Their expertise includes US/UK tax planning, retirement planning, and cross-border investment strategies.
9 – The Fry Group
The Fry Group offers full service financial planning services for expats. They cover tax planning, retirement planning, and estate planning. They have specific expertise in managing the financial needs of American expats in the UK.
10 – London & Capital
London & Capital specializes in wealth management for US-connected clients, covering investment management, tax planning, and estate planning.
Final Tips On Financial Advisors For Transatlantic Families
We were lucky enough to use PWC. Although they don’t fall within this top 10 list for expats, they are an option along with other major well-known global firms.
For tax filing and other services, be sure to look into MyExpatTaxes as their staff is completely versed in tax filing for global nomads.
Be sure to interview each advisor before settling on the one you trust that can handle your transatlantic financial affairs with 100% confidence.