2025-11-07-Fri

Hoxton Wealth Cross-Border Planning Discussion with George Stainton

• Global financial planning but specialise in cross-border. SEC and FCA regulated.
• George Stainton is dual-region specialist between the UK and the US. See the biggest advice gap in the marketplace.
• George is based in the Dubai.
• Estate planning?
  • More immediate issue: non-resident → 60k threshold / then 40%. Can do easy planning to solve for that.
  • Then UK inheritance.
• Retirement dates?
• Put money to work.
• Can potentially help. Need a review. Sit down with a more detailed call. Then request statements. Think about mapping out the next 5/10/15/20 years. Identify gaps in the plan.
  • tidy up UK pensions, etc.
  • 401(k) is a nightmare
  • do a full replan.
• Then, recommend a financial plan.
• No cost obligation. Initial fees only on legal, PoA, etc.
• Fees on ongoing advice accounts. Percentage fee. How active / how much under management.
• All managed through independent 3rd parties.
• Max ongoing all in is 1.75%. Min all in is 1%.
• From about 2.5M onwards becomes a bit more tailored.

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• Fidelity in the US:
  • $2.6M in investments (cash, equities, bonds)
  • $400k in a 401(k) pension
  • $50k in a tax-efficient health savings account
• Fidelity in the UK:
  • £225k in a UK pension (Phil)
  • £40k in multiple small UK pensions (Sa)
• Bank accounts in the UK:
  • £450k in primary accounts
  • Minor amounts in ISAs - maybe total of £50k
• Property in the UK:
  • Primary residence: value of £1.9M, mortgage of £653k → £1.25M
  • Rental property: value of £750k, mortgage of £200k → £550k
  • Family business assets ownership: generating annual income £85k
    • Potential sale upcoming £450k
• Other:
  • Eligible for UK and US social security pensions

Total: ~£5.2M