Wealth management

Is Warren an exception to the “Buffett Rule”?

In August, Warren Buffett challenged the U.S. government with his claim that the rich, himself included, “have been coddled long enough by a billionaire-friendly Congress.”

March 27, 2012

2 min read

Industry

RBC expands into emerging markets

RBC Wealth Management has announced it will acquire the Latin American, Caribbean and African private banking business of Coutts, the wealth division of Royal Bank of Scotland Group. The business has client assets in excess of US$2 billion.

By Staff |March 20, 2012

1 min read

Tax News

U.S. tax law requires strategic planning

The U.S. investment reporting rules just got a whole lot more stringent. The IRS has been relentless in going after U.S. citizens owning foreign assets.

By Vikram Barhat |March 16, 2012

5 min read

Industry

Northwood tops wealth survey

Northwood Family Office has been recognized as the premier Canadian family office service provider by the Euromoney Private Banking and Wealth Management Survey, one of the leading global benchmarks for the industry. First published in 2004, the survey uses a peer ranking methodology.

By Staff |February 13, 2012

1 min read

Art tops equities, again

When new money finds old masterpieces the result is historic financial performance. As an atypical asset class, art has been steadily growing as a preferred haven for wealthy investors shunning wild swings in stock markets.

By Vikram Barhat |January 9, 2012

2 min read

Fidelity expands Private Investment Program

Fidelity Investments Canada has announced the expansion of its Private Investment Program, adding two tactical asset allocation private pools and U.S. dollar options to the program, which is aimed at wealthy investors.

By Staff |December 16, 2011

2 min read

What makes a “Top Advisor”?

A bearish global outlook may have reined in market sentiment, but it could not tame the trot of outperforming advisors who grew their revenues by 34%—from $581,686 in June 2010 to $781,960 in June 2011—according to a new report by Toronto-based PriceMetrix.

2 min read

Macquarie hits 200-advisor milestone

Macquarie Private Wealth has announced it has hit a milestone of 200 advisors, spread across 12 offices between Victoria and Montreal. The firm entered the Canadian market in 2009 with the acquisition of Blackmont Capital.

By Staff |December 5, 2011

1 min read

’Tis the season for charitable planning

As the shops fill and the messages of merriment and good cheer are sent out, what better time to think of the less fortunate than during this season of giving? In this series Anne Brayley, vice-president, professional advisory services at the Toronto Community Foundation, speaks to experts in the field of philanthropy.

By Staff |December 2, 2011

1 min read