Oxfam calls for a tax of 1.5% on wealth over $1 billion
The global charity suggests such a tax would raise $74 billion. Never mind which side of the fence you sit, it does beg the question: Are you and your clients philanthropic enough?
Pro athletes turn to annuities to fund retirement
Annuities, which are often misunderstood, can be an excellent way to fund the retirement of clients generating significant income over a short career.
Also read: A lesson in how not to handle a conference on fiduciary duty
Head of RBC Wealth Management in the U.S. loses bank's stake in world’s largest IPO.
The banks or boutiques: who wins in the family office?
A relatively unknown commodity in Canada as recently as five years ago, this newfangled concept is growing in stature due to the proliferation of the rich and super-rich.
ETFs aren’t nearly as popular in Canada
Canadians apparently like to pay higher fund management fees than investors in the U.S.
Never let ‘em see you sweat…the loonie’s drop
If falling oil prices have advisors scrambling for ways to shield their clients, what hedge against the loonie’s own drop have they come up?
Digital wallets: should advisors care?
With the growing popularity of Apple Pay and other digital wallets, the temptation to tap, tap, tap, is overwhelming. Is it time to sit your clients down for ‘the talk,’ no matter how experienced they are?
Well read: Do you have a Gerontologist on staff?
Merrill Lynch does, and with boomer clients spending as many as 40 years in retirement compared to 10-15 for their parents, shouldn’t you?
Are the Day Traders back?
Canadian “active trading” firm reports big pick-up in business; offering a fascinating range of new products.
Top-ranked U.S. advisor dead in wake of irregularities in personal fund
An advisor ranked 5th on the Barron’s list of top advisors has taken his own life.