wealth management

Accretive is a word we use a lot. It is the process of improving something, making it better. While adding value gets talked about a lot across aspects of business, consumer products, services and even in the financial industry, it is a little different than being accretive.
The wealth management industry is rapidly becoming more complex and changing fast to reflect diverse generations, technology and industry regulation. A new set of strategies and tactics will need to be developed to get ahead of the curve and drive revenue growth and assets under management.
In a 2015 global study by Morningstar, Canada's investment environment was rated the worst in the developed world when it came to Fees and Expenses. Don't worry, though, there's good news; our D- score is up from the F earned in 2014. The real question is the implication of our less-than-impressive grade.
Today, it takes more brains and effort to make out the income-tax form than it does to make the income. - Alfred E. Neuman
If the term robo-advisor conjures up images of C-3PO controlling your money, you can relax; robo-advisors aren't really robots. They're simply an innovative way for wealth management firms to leverage technology to create a modern online experience for the benefit of their clients.
A successful estate distribution is one in which the family receives as much (and the taxman as little) as possible and the family is still able get together for the holidays without too much drama. Take steps to make this outcome likely by initiating a family discussion today.
Why is the difference in people's happiness massive when they make $80,000 instead of $50,000, but negligible when they make $200,000 instead of $100,000? Why are some of the unhappiest people in our society the children of enormously wealthy parents?
Growing up I remember my mother carefully cutting the pie we were about to enjoy for dessert in precisely equal portions served on plates exactly the same size for all. Even upon the setting of the dessert in front of each of us kids, there was always the fleeting scan of each set of eyes around the table to make sure that no one was getting an "unfairly" larger portion.