The Top Factors To Consider When A Client Plans To Move Abroad, With Ashley Murphy

This episode features Ashley Murphy of the Global Financial Planning Institute and Arete Wealth Strategists Australia discussing regulatory, tax and operational challenges that can arise when clients relocate overseas. It covers how the length and permanence of a move can shape an advisor's approach, why foreign regulatory requirements may apply even without a physical presence in that country, and how tax traps, custodial restrictions and errors and omissions insurance gaps can affect advisors and clients. It also discusses starting planning early, resources for researching cross-border requirements, and using an ideal client definition to decide when an international relationship is worth

1. The guest suggests the first question an advisor may ask is whether they can continue serving a client who plans to move abroad.
2. The length and permanence of a client's move can influence the advisor's approach.
3. Foreign regulatory requirements may apply even if the advisor has no physical presence in that country.
4. Tax traps, custodial restrictions and gaps in errors and omissions insurance could affect both advisor and client.