Advisors can provide a full range of wealth planning solutions, including servicing Canadian registered accounts through iA Private Wealth, non-registered U.S. accounts, and U.S. retirement accounts like IRAs and 401(k)s through iAPW-USA. Advisors work closely with clients to determine their personal needs and use it to inform strategies for their cross-border accounts.
“We are excited about the incredible potential of this new platform, as it will allow our advisors to provide a complete, holistic wealth management offering to their clients, regardless of whether they reside in Canada or the U.S.,” Stephan Bourbonnais, president & CEO, iA Private Wealth, said in a statement.
Two separate categories of discretionary advice accounts will be available to customers of the integrated cross-border wealth management business.
The first category includes managed accounts, where advisors may make investment choices on a client’s behalf in accordance with clearly laid-out rules outlined in an investment policy statement.
The second category, separately managed accounts, offer clients access to investment managers of institutional calibre, as well as streamlined reporting and tax administration.
