Tag: #wealthmanagement
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What Does a Family Office Do?
What does a family office do? Great question! As a personal CFO, our family office is focused on reducing the administrative burden of wealth, so that our clients can focus on more important parts of their life. Whether this is their family, friends, health, spirituality, or philanthropy. We act as their personal CFO, providing comprehensive…
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Family Foundations Challenges and Solutions
Family foundations are often formed with the best intentions. But, like many family businesses, family foundations also struggle to survive past the founding generation. What are the biggest family foundation challenges preventing success? Overcoming the issues that cause family foundations to fail is crucial for ensuring their longevity and effectiveness. Here, we’ll briefly highlight the…
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Essential Guide to Cottage Succession Planning
Cottage succession planning is one of the most emotionally charged and difficult aspects of an estate plan. Unlike a stock portfolio, cottages are touched by emotions, memories, and can’t be easily divided in the same way between your heirs. Therefore, cottage owners face unique estate planning challenges. So, this post will describe the key elements…
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Estate Administration: Step-By-Step Guide
In the world of estate administration, finding common ground with more universally understood experiences can offer valuable insights into the complexities and demands we might encounter. One analogy that brings this perspective to life is comparing the process of administering an estate to the detailed and prolonged effort required in cultivating a garden. Both endeavors,…
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What Is a Family Office?
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…
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Do You Need a Family Office?
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…
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Values Based Wealth Management
Managing and transferring wealth across generations is a formidable challenge. And often, the most important element is the perspective of the family members, rather than any specific investment strategy. So, at our family office, we understand this journey is about more than just numbers and assets. It’s deeply rooted in values based wealth management that…
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What to do after you sell your business
Life becomes different after you come into a big pile of cash. Whether you’ve just sold your business, received an inheritance, or won the lottery. Suddenly being rich also brings problems. This post will describe some ways to approach life after you cash in. Take some time to reflect and celebrate If you’ve dedicated your…
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Not Just Money
This post will explain why your financial legacy is more than just dollars and cents and outline how you can cement your legacy with a wealth management process.