Category: Manager Oversight
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Step 2: Evaluate the Portfolio and Create Clarity
Once a family’s financial records are organized and flowing smoothly, we shift our focus to what matters most: to evaluate the portfolio and ensure the investments are doing their job. Often, the issue isn’t a lack of effort—it’s a lack of visibility. Holdings are spread across institutions, account types, and asset classes, with no unified…
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Managing Multiple Investment Managers: Best Practices for Efficiency and Clarity
Diversification with Purpose Diversifying your portfolio by asset class and investment manager is a sound strategy. It spreads risk and provides exposure to various management styles and market perspectives. However, many investors inadvertently over-diversify within the same asset class. For instance, having multiple managers handling Canadian equities can lead to inefficiencies and hidden risks. Strategic…
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How to Evaluate Investment Managers: A Guide to Making Informed Choices
When choosing an investment manager, many investors rely on personal connections. Someone they know, like, or trust. Often, these managers are passed down through generations of family, creating a sense of familiarity. While this desire for comfort is understandable, it can lead to a lack of objective evaluation. Potentially, risking your financial future. Some investors…
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Seven Blind Spots your Private Foundation May Have
Our family office provides management & administrative services to private foundations. Over the years, we’ve realized many private foundations take certain responsibilities for granted. So, when an “unexpected” event occurs (like a CRA audit, death of a board member, change of tax rules) these private foundations scramble to adjust. The result is stress to the…