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Hi fishes how is wlb in mphasis?
Hi all,
Need help , can anyone let me know if Accenture is giving work from home as of now ? I mean i have been offered, and the HR is telling me to collect the assets from the base location and the policy of dispatching the assets to home location is no more. Now initially it was communicated it will be work from home for at-least 6 months now i am building trust issues to join the organisation.
Accenture India Accenture Accenture
Hi
I have a current CTC of 6.6 and Mastercard is offering 8.9 (including variable ) . I also have an offer from infosys of 10 ( including variable). Which one should I pick considering work life balance and appraisal.My entire doubt is that will they bring me on market rate after appraisals as currently they are not offering very good hike.
I will be joining HR team
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I have not dealt with this situation before, so I’d like to hear from those that have. Where can I find more info on the legalities of this? My firm is not an international firm either, so not sure if I can roll the accounts or not.
They have a US mailing address but Canadian Permanent address.
Any help or tips from advisors that are familiar with this situation would be greatly appreciated.
Seems pretty heavy handed to me.
My firm (wirehouse/regional) I would suppose has similar rules with other broker dealers under FINRA/SEC ruling. If they keep their US address (physical) and don’t change it, then they are allowed to keep the accounts intact. Otherwise, once they change residency, all bets are off.
I had a trust account where we were able to simply have the client resign as trustee and they handed the responsibility to their sibling while they were overseas for work
Any 529, brokerage, and retirement accounts are restricted from any activity while the client is out of the country.
Hope that helps
Oh...and my broker dealer has a different rule for managed accounts, too. If there’s more than a certain timeframe where the client is out of the country, they can force liquidation. I think it is 2 years or longer
Canada is a very restrictive country when it comes to cross-border regulations. The regulations are in scope of any resident of Canada, which is the case with this prospect. The restrictions deals more with what a US financial institution can or cannot do for Canadian residents (i.e., no solicitation of investments). But I am not aware that US citizens living in Canada has to liquidate their US investments accounts, that seems extreme. I do know that certain domestic mutual funds can be bought by Canadian residents (case-by-case basis). OP - does your firm have a legal department that can help you understand what rules-of-the-road that your firm has in place for dealing with Canadian residents?
I think that’s the best approach. Each firm has different cross-border policies. Some firms don’t think the risk (getting fined by regulators) is worth it, while others have dedicated divisions just to focus on international business. Good luck!
You need to research what are the actual laws of each country