wealth

02 Jan

What Is Wealth Management & Who Needs It?

abbas0 CommentsBusinesstips, wealth

You might have come across terms like financial planning and wealth management. While all these terms indicate services relating to managing your financial matters, it can be confusing to understand the exact differences. The primary difference between financial planning and wealth management is the goal. Financial planning is a broad concept that aims to meet short-term goals like making a down payment along with long-term objectives such as saving for retirement. Wealth management, on the other hand, focuses on the long-term goal of preserving and growing your wealth over time. Both financial planning and wealth management helps you manage your…

15 Dec

Reasons to Hire a Cross-Border Financial Advisor

abbas0 CommentsBusinessadvisors, wealth

Globalization has made the world more connected and has increased the migration of people. With expanding international economy, more and more people are moving within countries and across borders for better employment opportunities and good lifestyles. For instance, many foreign nationals are moving to the U.S. or Americans are leaving their country to work and live in Canada. A cross-border move opens up many opportunities and brings excitement but it also comes with unique issues and challenges. A major concern of expatriate living and working overseas is financial issues concerning tax obligations, moving money across boundaries, retirement benefits, and more.…