Vestra Wealth has launched Vestra US, a new company which will target clients with a transatlantic footprint.
The new company has been launched specifically for clients who face the complex regulatory and tax issues, which are a byproduct of moving between the UK and US, an issue that is being further complicated by the recent FATCA legislation.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Vestra US director, Paul Nixon, said: "While it has always been the case that US connected investors have been subject to strict cross-border regulation, the implications of new regulations such as FATCA should not be underestimated.
"Affected investors should therefore act now to insure that their portfolios are both as tax efficient as possible and also meet future reporting requirements."
The Financial Conduct Authority (FCA) and Securities & Exchange Commission (SEC) regulated company is led by Neil Williams and has a team offering a range of specialist services to clients.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
