Welcome to “The Advisor View,” brought to you by Citizen Mint. Join us as we explore the backgrounds, philosophies, and perspectives shaping today’s leading wealth management firms.

In this episode, we sit down with Lucas Wennersten, founder of 49th Parallel Wealth Management. Lucas shares his journey building a firm designed to serve clients with complex, cross-border financial lives, offering insight into the nuances of advising individuals and families across both the U.S. and Canada.

The conversation dives into how 49th Parallel differentiates itself through deep tax awareness, integrated planning, and a global perspective on portfolio construction. Lucas discusses the challenges and opportunities that arise when navigating two distinct regulatory and tax regimes, and how thoughtful structuring can meaningfully improve after-tax outcomes for clients.

We also explore how private markets fit into this framework, particularly for globally minded investors seeking diversification beyond traditional public markets. From cross-border tax considerations to evolving portfolio models, this episode offers a practical look at where wealth management is heading for increasingly sophisticated client bases.

Lucas Wennersten | 49th Parallel Wealth Management
https://49thparallelwealthmanagement.com/

Josh Hile | Citizen Mint
https://www.citizenmint.com

49th Parallel Wealth Management is a registered investment adviser and the opinions expressed by 49th Parallel Wealth Management on this show are their own and do not reflect the opinions of Citizen Mint. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.