TORONTO, March 6, 2019 - Echelon Wealth Partners Inc. (Echelon) has established another premier client-service collaboration in its continuing effort to provide unique full-service options for its clients. The affiliate partnership with Keel Cottrelle LLP (Keel Cottrelle) offers a referral service to Echelon clients seeking preferred rates on legal counsel for cross-border issues with investments and taxation.
Canadians purchased almost $25 billion worth of US real estate in 2017, and almost one million Canadians are dual citizens. After the Great Financial Crisis, there was a dip in Canadian real estate investments in the U.S., but that has reversed course and investments cross-border are growing again.
Echelon’s Chief Client Officer, Deborah McGrath states “it was a natural fit for our organizations to work together on providing the best solutions for cross-border investments, estate and tax planning for Echelon clients. As Canada and US dual citizens are subject to more complex and robust annual tax filings, we found our clients were looking for comprehensive legal advice, and now we can provide expert referrals to Keel Cottrelle.”
Christine Perry, the cross-border legal counsel expert at Keel Cottrelle, agrees with Deborah and adds, “affluent Canadians typically have holidngs and assets in the US which require a need for legal services in dealing effectively with citizenship and taxation issues that arise.”
Echelon Wealth Partners Inc. is a Canadian independent wealth management and capital markets firm known for its client-centred approach and innovative, entrepreneurial spirit. The company has approximately 58 Advisor and Portfolio Manager Teams with more than $5 billion in assets under administration and management. Echelon offers a wide range of financial services for individuals, households, institutions and corporate clients from its offices in Toronto, Oakville, Ottawa, London, Montreal, Saskatoon, Calgary, Edmonton, Vancouver and Victoria. Echelon Wealth Partners is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). www.echelonpartners.com
Keel Cottrelle LLP is a medium sized law firm with offices in Toronto and Mississauga.We provide legal services in a wide array of practice areas, acting for individuals, businesses, corporations, professional regulatory bodies and public bodies.