American attorneys in the UK face many obstacles to successfully growing their wealth. These cross-border financial planning issues are complex, but do not have to be overwhelming.
You are exclusively invited to a presentation designed to address the unique investment management and financial planning issues for U.S. law firm partners living in the UK. Effective investing for U.S. law firm partners not only requires a deep understanding of tax and reporting rules in multiple jurisdictions, but also an understanding of firm benefits and pension options. This presentation addresses common issues encountered by U.S. law firm partners living in the UK and provides an overview of compliant U.S./UK financial planning strategies.
Topics to be covered include:
- Building a strategic and tax efficient investment portfolio
- FATCA (Foreign Account Tax Compliance Act) and its consequences
- Use of U.S. and UK retirement accounts
- Currency management
- UK residency and domicile rules
- International estate planning
- Planning for families that include a non-U.S. spouse
- Retirement outside of the United States
Issues for Law Firm Partners:
- Understanding various firm benefits
- How to manage cash flow needs, especially in retirement
- Understanding firm pension benefits and the implications of certain elections you will need to make
- The elements of an efficient estate plan and why your old plan may not be optimal
- How to objectively review your insurance coverages (life, disability, liability, & property)
- Failing to properly diversify your portfolio and not investing cash diligently
EVENT START TIME
10:00 am ● New York, NY
3:00 pm ● London, UK
Presenters will include partner, Bruce Hyde, CPA, MS and wealth advisor, Frederic Behrens, JD, CFP®. Both have extensive experience working with international attorney clients. Round Table Wealth Management is a New York based independent registered investment advisory firm founded twenty years ago and now manage in excess of $1 billion of assets for about 200 families around the world. A good number of our clients are attorneys at the largest law firms.
Bruce Hyde, CPA, MS
Partner, Wealth Advisor, Round Table Wealth Management
Bruce Hyde is a partner, Chief Compliance Officer and Wealth Advisor at Round Table Wealth Management and has over 30 years of experience in the financial services industry. He is responsible for advising clients on the full range of financial matters including investments, insurance, estate, gift and income tax issues as well as financial decision making. For the past 19 years, Bruce has been working closely with partners at major law firms, corporate executives and business owners to serve their unique financial planning needs.
Bruce graduated from Lafayette College with a B.A. in Economics and Business and holds a Masters in Taxation (MST) from Seton Hall University where he was elected Beta Gamma Sigma for high scholastic achievement. Bruce is a Certified Public Accountant, and began his career at a “Big 8” accounting firm. He later joined a large corporation and most recently a regional wealth management firm. He is a Trustee and Treasurer of the Land Conservancy of New Jersey.
Frederic Behrens, JD, CFP®
Director, Wealth Advisor, Round Table Wealth Management
Frederic Behrens is a Director, Wealth Advisor with Round Table Wealth Management. He is responsible for managing clients and coordinating all aspects of the Investment Management and Financial Advisory services for his relationships. He is experienced in working with high-net-worth individuals and international families.
In particular, Frederic has significant experience working with U.S. citizens living abroad, non-resident aliens, and mixed-nationality families. Well-informed on tax and compliance issues, Frederic authored a widely-cited article on FATCA for the Wisconsin Law Review. He brings significant cross-border tax and international estate planning expertise to his client relationships.
Frederic is a graduate of the University of Georgia (B.B.A., International Business) and the University of Wisconsin (J.D.). He holds the CERTIFIED FINANCIAL PLANNER™ designation. Frederic enjoys cross-country skiing and exploring New York City with his rescue dog.