Bridging Financial Solutions Across Canada and the U.S.
Navigating financial planning and investments across borders comes with unique complexities, but with CK Wealth Group, it doesn’t have to be complicated. Whether you’re a Canadian resident with U.S. investments, an American resident navigating Canadian tax laws, or you split your life between both countries, our specialized cross-border wealth management services are designed to simplify your financial life. We integrate your financial strategy across borders, ensuring compliance with regulations while optimizing growth, stability, and tax efficiency.
Specialized Cross-Border Investment and Account Solutions
We offer a wide range of investment accounts designed to accommodate the complexities of cross-border wealth management.
For Canadian and U.S. Clients:
401(K) and 403(b) plans
Employer-sponsored retirement savings options
Traditional IRA & Roth IRA
Tax-advantaged retirement accounts
SEP IRA & Rollover IRAs
For business owners and those transferring funds
Trust & estate accounts
Protect and transfer wealth efficiently
Separately managed accounts (SMAs)
Personalized investment portfolios
Corporate accounts (LLCs & LPs)
Investment solutions for businesses
For American Clients:
Custodian accounts for minors
Helping families invest for their children’s future
Transfer on Death Accounts
Simplified estate planning solutions
UGMA/UTMA Trust Investment Accounts
Wealth transfer options for minors
529 Education Savings Plans
Tax-advantaged college savings plans
We also offer multi-currency investment accounts, allowing you to hold both Canadian and U.S. dollars, as well as 50+ global currencies, in a single portfolio.
Canadian residents moving to the United States
Canadians tend to move to the United States to try to escape the cold or to follow an employment opportunity. When they do, they can find themselves in the unfortunate situation of being ‘orphaned’ by their existing Canadian based investment advisor as most Canadian investment advisory firms are not properly registered to do business with Canadians in the United States.
Americans living in Canada
An American living in Canada can end up in the unfortunate situation of being ‘orphaned’ by their existing U.S. based advisor as most U.S. broker dealers and investment advisory firms are not properly registered to do business in Canada.
U.S. resident inheriting Canadian dollars
We are licensed and regulated in both Canada and the U.S., and work closely with clients to translate their personal needs into a strategy for their cross-border accounts. We can also advise clients on cross-border issues such as PFIC rules, IRA and 401(k) rollovers and we maintain professional networks to assist with planning, taxation and legal services.
Cross-Border Expertise
Our tailored portfolio strategies align with financial regulations in both Canada and the U.S., ensuring your investments are managed seamlessly and tax-efficiently on both sides of the border.
Retiring across borders requires careful coordination of pensions, benefits, and tax strategies. We craft retirement plans that allow you to maximize your savings and enjoy a secure future regardless of your residency.
From cross-currency budgeting to optimizing savings strategies, we help you manage cash flow and liquidity with ease, no matter which side of the border you call home.
Protect your family and assets with insurance plans that offer comprehensive coverage and peace of mind, fully aligned with cross-border regulations and benefits.
The iAPW-USA Difference
iA Private Wealth (USA) Inc. (IAPW-USA) offers comprehensive, holistic wealth management services for clients with a presence in both Canada and the United States. As part of the iA Financial group of companies, IAPW-USA is a Canadian-based US Registered Investment Adviser. Dually employed by IAPW-USA and iA Private Wealth Canada, Greg Calpakis is licensed and regulated in both Canada and the US. This dual expertise equips Greg to help you capture opportunities and navigate the challenges associated with cross-border financial management.
Under IAPW-USA, Greg Calpakis can fully service any US Resident, or Canadian resident with US investment accounts held in the USA. If you are a client living in the United States, we are here to address all your investment needs.
Who We Help
Our cross-border wealth management services cater to:
Americans moving to Canada
Americans residing in the U.S.
Canadians moving to the U.S.
Americans living in Canada
Canadians living in the U.S.
Expatriates living abroad
No matter your situation, we take a holistic approach to your financial future, ensuring that your assets, investments, and retirement plans are aligned with your long-term goals.
We help Americans and Canadians who find themselves in the unique situation of having investment accounts on both sides of the border. Whether you are a Canadian resident moving to the US, an American living in Canada, or a US resident and who expects to inherit Canadian dollars, we can help.
Cross-Border FAQs
Americans Living in Canada
If you are moving to Canada from the United States or are already a Canada resident, we can help you manage your finances, assets and investments including your 401(k), IRA and other accounts. CK Wealth Group is dually licensed to work in both jurisdictions and are experienced in helping clients manage their separate finances in alignment with their goals.
Is there such a thing as a Canadian 401(k)?
No. The equivalent in Canada to a 401(k) plan is a Registered Retirement Savings Plan (RRSP). You cannot “roll over” 401(k) and IRA accounts into RRSPs without first collapsing the account and taking potentially high taxes and penalties.
My financial advisor or investment manager said they can no longer manage my accounts. What do I need to do?
Most U.S. brokerage firms cannot hold 401(k)s or IRAs for people residing in Canada. But CK Wealth Group can. We can help you maintain these accounts, so you won’t have to collapse or liquidate them, actions that risk significant penalties or tax consequences.
What will happen if I don’t transfer my retirement investment account?
Most U.S. brokerages will give 30, 60 or 90 days for clients to move their assets to an eligible firm. But others may sell off invested assets at the current market value and simply send a cheque for the balance, potentially leading to significant penalties or tax consequences.
Can CK Wealth Group manage both my Canadian and U.S. investments?
Yes. Greg Calpakis is dually licensed to work with U.S. – and Canada-based clients and investment assets.
I am a resident of the U.S. or Canada, and I have received an inheritance from a relative across the border. What do I need to know to handle this appropriately?
We can help you open an account appropriate for your loved one’s gift that is consistent with your financial goals and is informed by the tax implications of the benefit.
Canadians Living in the U.S.
If you are moving to the United States from Canada or are already a resident of the U.S., we can help you manage your assets and investments on both sides of the border through a single relationship with a dually licensed financial advisor.
Is there such a thing as a U.S. RRSP?
No. In the U.S., a 401(k) plan and individual retirement account (IRA) are similar to an RRSP. However, you cannot “roll over” an RRSP into a 401(k) plan or IRA without first liquidating the RRSP, an action that could trigger significant penalties and taxes.
My financial advisor or investment manager said they can no longer manage my accounts. What do I need to do?
If you are a Canadian who moved to the U.S., you may be able to leave your RRSP in the hands of your Canadian brokerage, though the account may need to be self-directed. This means you would need to make all the investment decisions for your RRSP without the guidance of a financial advisor or investment manager. That’s where we can help. With CK Wealth Group, we can hold your account and still provide ongoing investment guidance.
Are there special concerns about my existing retirement savings I need to consider in the U.S.?
RRSPs and TFSAs can create complex situations for taxpaying residents of the U.S. CK Wealth Group is licensed in both jurisdictions, can provide guidance on how to manage those issues. Canadian cash accounts can, in many cases, simply be moved to a U.S.-licensed firm. However, different actions may be required based on the types of assets. We can help you understand your choices and make decisions suitable for your personal situation and financial goals.
Can CK Wealth Group manage both my Canadian and U.S. investments?
Yes. Greg Calpakis is dually licensed to work with Canada – and U.S. – based clients and investment assets.
I am a resident of the U.S. or Canada, and I have received an inheritance from a relative across the border. What do I need to know to handle this appropriately?
We can help you open an account appropriate for your loved one’s gift that is consistent with your financial goals and is informed by the tax implications of the benefit.
Let’s Build Your Financial Future Together
IAPW-USA is a registered investment adviser with its head office in Toronto, Canada. IAPW-USA may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. Any subsequent, direct communication by IAPW-USA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. A copy of IAPW-USA’s current written disclosure statement discussing IAPW-USA’s business operations, services, and fees is available at the SEC’s investment adviser public information website – https://www.adviserinfo.sec.gov.