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Finbar F. Dempsey & Company
Barristers Attorneys Notaries
Turks and Caicos Islands

 

INTERNET BROKERAGE ACCOUNTS

The development of the internet has provided investors with a means of investing in stocks, bonds and mutual funds more efficiently than ever before.

  • Internet investing is now recognized by even the most conservative investors and brokerage houses as a viable alternative to full services brokerage service. 

  • TCI's internet access is provided by Cable & Wireless which is the fifth largest telecommunications company in the world.  Cable & Wireless' internet initiative combined with TCI's no-tax status and Finbar F. Dempsey & Company's experienced professional assistance and financial planning packages creates opportunities for a broad range of investors.

  • In relation to TCI corporate accounts the principal opportunity exists for regular investing in stocks and bonds as opposed to day trading due to restrictions relating to margin trading activities.  Notwithstanding, the combination of low transaction fees and TCI's tax-free status creates opportunities which should be considered by any individual interested in utilizing a foreign company for investment purposes.

  • Finbar F. Dempsey & Company has identified and worked with a number of well regulated internet brokerage houses in the US and Canada, Cayman and Bermuda who are in a position to provide efficient cost-effective access to the major international exchanges (stocks, bonds and mutual funds) for individuals and TCI based corporations. 

  • The firm is also well positioned to advise entrepreneurs in relation to setting up internet internet brokerage firms and the ancillary Business Licensing costs, regulatory and other considerations.

  • The firm can assist in opening internet brokerage accounts and providing all the necessary support and down-to-earth advices and assistance for individuals and and their TCI corporate structures  (whether resident inside or outside TCI).  

  • The firm's mandate is to combine innovative corporate structures and packages with an affordable and effective support service (including account management where required) in order to provide its client base with the maximum understanding and control of investment portfolios.   Regardless of whether you are a professional investor or are looking for an entertaining way to take control of your financial life, the firm can assist you in reaching your objectives.

  • Before contacting us we suggest that individuals considering an offshore internet brokerage account review the firm's introductory information on IBC's, Ordinary Companies, and/or trusts for guidance on which type of support structure may be most appropriate and take onshore advices from a competent advisor where necessary.

  • We also recommend that individuals look at the various services which are on offer.  A particularly well organized on-line broker is SEGOES which is based and provides customers with access to US and international markets:

    SEGOES - Secure Electronic Global Order Execution System

 

 

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Detailed Notice of disclaimer

Materials on this web site have been prepared by Finbar F. Dempsey & Company for general informational purposes only.
These materials do not, and are not intended to, constitute legal advice.  The information provided at this web site is not privileged and does not create an attorney-client relationship with Finbar F. Dempsey & Company or any of the firm's lawyers.  This web site is not an offer to represent you. You should not act, or refrain from acting, based upon any information at this web site.  Please review our detailed disclaimer.  You may reproduce materials available at this site for your own personal use and for non-commercial distribution.   All copies must include the above copyright notice.

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