Mark Armstrong, the vice president, investment advisor at Richardson GMP, Saskatoon and Richard Knowles, financial planner, R. Knowles & Associates, Vancouver, join the Advisor Group to debate the practice of shorting stock.
It was a gloomy economic outlook gift wrapped in the promise of a low interest environment. The temptingly titled Live with Low for Long speech by Mark Carney, governor, Bank of Canada, was anything but the Christmas gift it sounded like. Speaking at the Economic Club of Canada in Toronto, Carney said interest rates at […]
Donor advised funds have come a long way as an efficient charitable giving vehicle. Particularly in Canada, it is a gift planning tool of choice for those who don’t wish to make direct donations to charities. “It’s essentially a segregated fund within a public foundation or charitable organization,” said Joshua Thorne, manager, philanthropic advisory services, […]
Canada's philanthropic landscape is undergoing a seismic shift. The days of charitable giving as one-off legacy bequest are over. Philanthropy today is all about giving while living, a strategic allocation incorporated into wealth accumulation and capital preservation plans.
Canada’s philanthropic landscape is undergoing a seismic shift. The days of charitable giving as one-off legacy bequest are over. Philanthropy today is all about giving while living, a strategic allocation incorporated into wealth accumulation and capital preservation plans. “Philanthropy and wealth management are inextricably linked,” said Cheryl Hudson, founder and managing partner of Dove Management […]
Financial intermediaries are still licking the wounds inflicted by the economic downturn, financial scandals and subsequent loss of client trust. Regulators, it would seem, couldn’t have chosen a more unfortunate time to twist the regulatory knife. But advisors who take their business seriously will find a way to overcome challenges; they must pursue excellence in […]
Legacy planning is about passing on what you know. When people plan a legacy, the most important thing they want to bequeath is values and life lessons, not personal assets. A rich opportunity, therefore, awaits advisors who revisit vision and values in the family, thereby re-establishing and building trust on an inter-generational basis, said Enzo […]
Canadian equity markets have weathered the roughest storm in their cyclical journey. With the only way for them to go being up, investors who jumped the ship in 2008 may be happy to note that the coast now is clear. This sums up the sentiment expressed by leading investment experts during BMO’s recent quarterly CIO […]
Earlier this week, Calgary made headlines as recording the second coldest temperature on the face of the earth, second only to a weather station at the South Pole. Is it any wonder that many Canadians are casting a wistful eye toward the sunny southern states? Canadians already own $50 billion worth of Florida property, having […]
The social media train is coming. And it’s coming fast. Firms and individuals need to get on this train, or they risk their business being derailed. “Public really is the new private” was the message Lisa Langley, president, International Product & Service Group (IPSG), put out at the Distinguished Advisor Conference 2010 in Orlando, Florida. […]