RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Advisor spotlight: Following the snowbirds, Canadian firm expands south

Cardinal Point bore up under a year-long paperwork gauntlet; second U.S. office already in the works

Admin:
no description available
Jeff Sheldon: We’d had a lot of prospective clients referred our way in the United States, be we always had to turn them down. We just got tired of this.


William

William

April 6, 2011 — 7:14 PM

Interesting interview. My question applies only to a US RIA (not a broker/dealer) structure. If there is a Canadian resident that wishes to establish an advisory relationship with a US RIA firm, or wishes to move assets to the US and have the US RIA firm oversee them, is a there a Canadian regulatory requirement of the RIA to register/have physical presence in Canada? I would assume this is the case if they are Canadian accounts (maybe not?), but for US accounts I would assume not…regardless of the citizenship.

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo