Cross-border Wealth Management – How Wealth Advisors Adjust

An alumnus of London’s Kingston Business School, Bradley Hamilton is the senior wealth manager at Blacktower Financial Management in New York City. Managing more than $60 million in client assets, he helps international investors navigate their financial options. Bradley Hamilton focuses much of his work on cross-border wealth management.

Cross-border wealth management is becoming increasingly common as wealthy families move assets across borders to protect and expand their wealth. The new generation of high net worth investors are seeking to diversify their wealth by exploring opportunities in other countries. As investor perspectives become more global, wealth managers are learning to align their strategies to accommodate clients with assets invested around the globe.

As tax planning becomes more complex across borders, wealth advisors are expected to offer expert advice on issues such as generational wealth transfer for families with global assets and holdings. Also, leading wealth managers handling cross-border clients offer comprehensive advisory services that include financial, tax, and estate planning. Today’s most complete wealth advisors work closely with cross-border tax experts and financial planners using an integrated and coordinated approach to deliver the best solutions for their clients.

A Brief Introduction to Wealth Management

Based in New York City, Bradley Hamilton is the senior wealth manager at Blacktower, LLC, which primarily serves citizens of the United Kingdom living in the United States. Bradley Hamilton manages the assets of more than 80 high-net-worth clients.

Wealth management combines a diverse range of financial services, including legal advice, estate planning, and accounting. Wealth management is usually conducted for affluent individuals who have a broad range of needs, with the ultimate goal of making money for clients throughout their lives.

Generally, wealth managers offer a holistic approach in which one manager takes care of a client’s entire portfolio, though some wealth managers specialize in certain areas. They can work for both small and large and carry such as financial adviser or financial consultant.

Wealth management starts with an action plan based on the client’s situation, goals, and the level of risk they are comfortable with. Wealth managers and their clients meet regularly to review their plans and make necessary updates and changes.

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