What is a family office? A family office is a private wealth management advisory firm that exclusively serves wealthy investors. Some groups in Canada have attempted to define family offices with limited success. Since, there is no consensus about what family offices are and which services they provide. Adding to the confusion is the fact that many investment advisors are...
Investing in Private credit provides a tantalizing opportunity for wealthy investors. Drawn by the allure of potentially higher returns with less risk compared to traditional public market bonds. However, beneath the surface of these enticing prospects lie significant private credit risks that warrant a closer examination. This blog post aims to shed light on the realities of private credit...
The rise of indexing has crossed a new threshold. Passive strategies now make up more than 50% of all investment assets. Recent reports show we’ve crossed the Rubicon of passive vs active investing. Indexing has won! The reasons are clear: indexing outperforms active management most of the time. And, its much easier for investors to achieve better returns...
The evolution from index to factor-based investing has become increasingly nuanced. Investors are recognizing a deeper understanding of market dynamics and investor behavior. Initially, the widespread adoption of index funds in the 1990s was largely attributed to the Efficient Market Hypothesis. This theory posits the stock market's efficiency made it rare for active managers to consistently outperform passive benchmarks. However,...
Imagine having a personal CFO for your family's finances – someone who's got your back, simplifying the complex world of money management while aligning it closely with what matters most to you. Today, many advisors claim to be your personal CFO. When in fact, they must focus on their area of expertise instead. That's where a family office can step...
Donor Advised Funds (“DAFs”) serve as a bridge between donors' intentions and the realization of their charitable goals. DAFs often operate as charitable foundations offering services to groups of donors with a variety of goals. DAFs sometimes provide a wide variety of services including investment management and gift planning. And, there are over 20,000 donor advised fund accounts in...
What is a DAF? And, what are the benefits of giving to a DAF? At its core, a Donor Advised Fund (“DAF”) serves as a bridge between donors' intentions and the realization of their charitable goals, offering a sophisticated yet accessible means to support causes close to their hearts. However, DAFs are one of the most misunderstood areas of philanthropy....
The best investors are deliberate and consistent. And, they don’t let their emotions get in the way. Instead, they create consistent investing habits. Day after day, week after week, year after year; the most consistent and disciplined investors succeed. While fickle, emotional, and impulsive investors flounder. So, how can investors encourage consistency in their investing process? This blog post will share...
Let’s make 2024 a year of renewed focus and productivity for family offices. Whether it's about refining purpose, enhancing reporting mechanisms, proactive tax planning, clarifying roles, or embracing simplification. In this post, we delve into "5 Improvements Your Family Office Can Make". Offering insights and strategies that are not just about preserving wealth, but about enriching the legacy and impact...
The Donate to Eliminate strategy is a practical approach for donors using the exemption from capital gains tax on donations of appreciated securities. This strategy ingeniously uses a tax strategy to support philanthropic goals. And, by focusing on the donation of appreciated public securities, such as stocks, this method not only amplifies the value of charitable contributions but also smartly...
