Latest news and press releases from Edale group.
Professionals accelerating up the corporate ladder or high earners face complications as their incomes break through different thresholds. A pair of rules where you earn two pounds and lose a pound creates a real dilemma for people who want to plan their long-term futures. Known as the “60% Tax Trap” and “Taper Tax”.. We have […]
High Earners Dilema: Avoiding Income Tax Traps Read More »
Picture a street of rainbow-coloured houses. On one side of the road is a British tax inspector with one rulebook; on the other side of the street an American tax inspector with another rulebook. Each house in the street represents an investment product or ‘tax wrapper’. Each tax inspector’s has different rules so looks at
A Tale of Two Taxmen: How the UK and US View Tax Wrappers Read More »
New documents published by Mcgrathnicol linked to the liquidation of Brite Advisors Pty Ltd (these are listed below) begin to outline some actions that beneficiaries will soon have to complete. To provide some guidance on what a beneficiary should expect, we have attempted to summarise the documents. From the documents provided, beneficiaries have several essential
Actions on beneficiaries for Brite Adviser liquidation Read More »
With a batch of updates in the past couple of weeks, we thought an outline of what had occurred may be helpful, as lots of documents have been added to the Recievers website. Importantly, a distribution framework was submitted to the Court on 8/9th August, and we summarise what this means as it is the
Cash distribution plans and client statements for Brite Advisors Read More »
As we enter our teenage years as a firm, we at Edale reflect on the remarkable journey we’ve undertaken since our founding in January 2014. What began as an institutional investment firm has evolved into a comprehensive financial advisory service, open to all and dedicated to promoting financial awareness and literacy. This transformation has been
Empowering the Next Generation: Our Decade-Long Commitment to Young Professionals Read More »
Introduction to the August Reflective Series As we enter the quiet and holiday month of August, a time when many take a break from the hustle and bustle of daily work life, we find ourselves pausing to look back on our journey. It was a cold January in 2014 when our firm first opened its
Growing into Our Teenage Years Read More »
During May, lots of details came out showing what was happening with Brite Advisors’ receivership, and June’s court orders have provided instructions to interested parties on what to do. The court’s specific instructions now present a clearer picture of a route to beneficiaries receiving their cash, but some beneficiaries may be more complicated due to
Clear(er) path to clients getting money from Brite Advisors Read More »
Brite Advisors Pty Ltd (In Liquidation) (Receivers and Managers Appointed) has been under significant scrutiny and legal proceedings since early 2024. The ongoing liquidation and receivership process involves managing the Client Assets under Management (Client AuM) and addressing the interests of the Beneficiaries and Trustees involved. This is part of a series of articles on
Brite Advisors liquidation: May 2024 Progress for Members and Beneficiaries Read More »
The intricate dance between tax obligations in the United States and the United Kingdom for American expatriates presents a labyrinth of challenges. The complexity of balancing the Internal Revenue Service’s (IRS) requirements with those of Her Majesty’s Revenue and Customs (HMRC) can seem daunting, yet it’s a puzzle that, with the right expertise, can be
In a world where the financial future seems increasingly uncertain, finding a reliable and affordable way to secure our children’s futures is more important than ever. This is especially true for American families living in the UK, who often face additional hurdles in navigating the complexities of international finance. Recognising this, Edale have taken a
Bridging Financial Gaps: The New Era of Junior ISA for American Families in the UK Read More »
