Two friends are out camping. They hear a cry for help and rush into a fast-flowing stream to save a drowning child… only to see another struggling child drift by… and then another, and another. As one of the campers…
The word “unprecedented” has been getting an awful lot of use recently... and appropriately so. In just the last seven days we’ve observed a truly remarkable series of events: Countries imposed drastic measures to limit the international and domestic spread…
Over the last few weeks, financial news has been awash in stories about the CoViD-19 pandemic’s growing impacts on people, businesses, and entire economies. We’ve witnessed a startling crash in the price of oil, massive swings in global equities and…
When a new or prospective client first meets with us, they often ask: What should my asset mix be? Is now a good time to invest? Which managers do you recommend? What about passive investing options? What tax planning opportunities…
Join me May 21-24, 2020 for the University of Toronto Rotman School of Management's annual 3 1/2-day Family Wealth Management program. Learn the key frameworks for successful wealth management, including how to avoid common mistakes. This program is designed for…
It’s 2020 - the beginning of not only a new year, but a new decade. The last decade was a tumultuous one geopolitically, but a successful one for investors. And much better than the previous decade which featured both the…
Most people love their children, and would do anything for them. This love sets up one of the greatest paradoxes of family wealth: Many parents work day in and day out to amass wealth for their children and grandchildren, and…
We wanted to let all of our regular readers know that Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask is still available for sale on Amazon. The book came out in December 2018, but would make a great…
There is not much in life that is more important than trust. It is the elemental glue in personal interactions, business relationships and society itself. It allows people to feel safe, collaborate, disclose important information, receive benefits and thrive. It…
The following article was written by Northwood’s Chairman and CEO Tom McCullough, and was published by Barron’s magazine in April 2019. Read the original article on Barron’s In 1978, Prince Charles was 30 years old and had a bright future…
