UK based US citizens managing their own assets?
American living in Uk, two tax obligations/jurisdictions/returns. Had a wealth advisor for past few years. Nice guy, gives me perspective, but not worth the AUM fee. If I could go “fee-only” I would (but they don’t exist for dual tax jurisdictions like this). My accountant is great. I’m thinking, maybe I scrap the wealth advisor (I’m really only in dual reporting funds anyway) and just pay advice tax advice calls with my accountant when I want to do anything specific. Seems just as effective (and a lot cheaper), than current setup. But I guess I lack confidence and am worried I will miss some gigantic “gotcha” or loophole between the two systems.
Anyone else been on this journey already?
Thanks!