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UK's Vestra Wealth Treats US Tax Compliance Rules As An Opportunity - wealthbriefing

21 May 2013

Some wealth management firms outside the US may be turning down American expat clients due to their being seen as a compliance nightmare but as far as UK-headquartered Vestra Wealth goes, this is a customer segment worth catering to.

Last week, the firm - set up almost five years ago by former UBS senior manager David Scott and other colleagues - announced it was creating Vestra US Wealth Management, designed specifically for US clients facing the kind of complex tax and financial issues raised by the recently-enacted FATCA Act.

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