Wealth management firm Aisa International has teamed up with Morningstar Wealth Platform to expand the range of offerings available to its clients through its OpesFidelio network of advisers.
By partnering with Morningstar Wealth Platform, Aisa International can now explore opportunities in the US market beyond self-invested personal pension (Sipp) propositions.
Max Durrant, executive director at OpesFidelio, said: “I am really pleased to announce that we have recently entered terms of business with Morningstar Wealth Platform to complement our other offerings.
“This now makes OpesFidelio unique in the offshore community in terms of the range of platform and bond offerings and also allows us to now consider the US market for more than just Sipp propositions.”
Individual savings accounts
Morningstar’s ability to offer individual savings accounts (Isas) that can be managed while clients are offshore is a “significant advantage” for Aisa International’s OpesFidelio advisers and their expat clients, the firm said.
Chris Lean, investment director of Aisa International, said: “We’re thrilled about this partnership because many expatriates are often misguided, believing they should sell their Isas when leaving the UK due to the inability to contribute.
“However, I would clarify that individuals can retain their Isas, even if they cannot contribute – the assets within ISAs can be managed, and if clients return to the UK, they can resume contributions, making this a valuable win-win situation for both clients and advisers.”
