Borderfolio for Advisors / Solutions
Cross-border portfolio analysis for financial advisers
For clients who live in one country, invest through funds domiciled in another and may be moving to a third. Borderfolio screens the consolidated portfolio against the client’s residence and citizenship and sets out each finding with its figure, its source and what it does not cover, for you to review before anything reaches the client.
The trial is on the Founding Adviser plan, with no card to start. Prefer to look first? Open a sample firm, read-only, with fictional clients and real prices.
The situations it is built for
- A client moving country. With a planned destination on the profile, the dividends kept after the move, the share of the portfolio in the currency they will spend, and the departure rules of Canada and Australia. See relocation planning.
- US-domiciled or Irish UCITS ETFs. US-source dividends at the residence’s treaty rate, a catalogued Irish counterpart side by side, and what the switch changes after the residence’s own dividend tax and its credit for US withholding. Where the residence credits US withholding, the Irish fund can keep less, and the finding says so.
- Dividend withholding. US withholding for every residence from treaty tables; for residents of the EU, Switzerland and Norway, withholding on directly held German, French, Swiss, Dutch, Spanish and Italian shares at domestic and treaty rates, with what may be reclaimable and the deadline.
- Australian super and SMSFs. Accounts in accumulation or pension phase taxed at the fund’s rates, franking credits from the franked share you enter off the dividend statement, and super fund options with their PDS fees.
- New Zealand FIF. The de minimis test on cost, the fair dividend rate on today’s value, the Australian-share exemption and a comparison with listed PIEs for broad index funds.
- Several jurisdictions in one portfolio. Tax wrappers such as ISAs, SIPPs, RRSPs, IRAs, PEAs and super taxed at their own rates per account, US-situs estate exposure added up across accounts, and reporting duties for US persons abroad.
How a finding reads
Each finding carries a severity (observation, needs attention, exposure) and a confidence label: modelled from stored rate tables, estimated on assumptions it lists, indicative where it is a structural observation, or not modelled with the reason. A bar at the top names the residence, citizenship and rates the findings were built on. See cross-border findings.
| Finding | What it rests on |
|---|---|
| Fund domicile exposure | Domicile read from each ISIN, as a share of the priced portfolio |
| US dividend withholding | Trailing distributions, the residence’s treaty rate or 30% without a W-8BEN |
| Irish UCITS counterparts | Catalogued fund pairs, expense ratios and the cost of switching |
| US-situs estate exposure | US-situs holdings in USD against the USD 60,000 non-resident threshold |
| Currency exposure | Trading currency, and issuers’ breakdowns for catalogued funds |
| Tax at home | The residence’s dividend tax and credit, or the client’s own rate |
Coverage, stated plainly
Some residences are covered in depth: the United Kingdom, Canada, Australia, New Zealand and US persons abroad. The EU-27, Switzerland and Norway are covered through treaty tables and catalogued wrappers. For any other residence, the screens that do not depend on local tax rules still run, and US withholding uses the treaty table or the statutory rate. The full list is in countries and coverage.
Not modelled: tax returns, US state taxes, the PFIC tax itself, withholding inside funds, UK inheritance tax and departure tax outside Canada and Australia. A situation outside the engines is shown as not modelled, never estimated.
From finding to proposal
A scenario compares the current portfolio with the one you propose at any covered residence, including a planned destination, and shows dividends kept after tax and net of fund fees. The adviser chooses every security. See scenarios and, for the reasoning behind the US–Irish comparison, US vs Irish-domiciled ETFs by residence.
What it is not
Decision support for professional review, not tax or legal advice. It does not file returns, apply special regimes on its own or recommend a structure. Your conclusions print in the report under your name, apart from the engine’s analysis.
Last updated . Describes the product as built; figures are screening estimates for professional review, not tax, legal or investment advice.