Quantitative investing has gotten a lot of bad press in the past few years.
Advise clients to sign the common-law equivalent of a pre-nup.
The recent controversy surrounding Senator Pamela Wallin has put the spotlight on relationships between business and government.
Keeping the family cottage in a trust for longer creates a tax nightmare.
The demographics of wealthy clients is changing, and advisors need to adapt if they’re to attract and retain their business.
People aren’t as averse to paying taxes as they once were. “Twenty years ago both the government and the public as a whole took the attitude that aggressive tax avoidance was fine if it passed muster legally,” David Harvey, chief executive of STEP Worldwide told Advisor.ca during the association’s Toronto conference.
To generate returns in the current low-rate environment fixed-income investors need to look overseas, says Nuria Ribas Lequerica, investment director at Legg Mason Global Asset Management’s U.K. office.
Mike Miltimore, 37, was literally made for the music business. “My dad needed a helper for his store, Lee’s Music, and nine months later, there I was—though not quite ready to do complicated guitar repairs,” he jokes. He now co-owns Lee’s Music, which caters to players of all levels, offers lessons and houses a full-service maintenance and repair shop.
Today’s tighter correlations make it difficult to diversify portfolios. To find strong-performing assets untied to equity and bond markets, Craig Machel, portfolio manager and investment advisor at Macquarie Private Wealth, suggests mortgage investment corporations (MICs).
What do belly putters and embedded commissions have in common? Both have been around for decades, and both have now come squarely into the regulators’ crosshairs.