Chairman’s Message
By now, most of our readers will have seen the news that Northwood Family Office will be acquired by CI Financial. I thought I’d provide some brief insight on the path we took to get here and why we are…
Is Stagflation Returning?
This past year we’ve seen an unmistakable uptick in inflation measures. We’ve all experienced it firsthand at grocery stores and gas pumps, now the official numbers have confirmed our observations. Canada’s December Consumer Price Index rose 4.8% on a year-over-year…
How Do you Start a Family Conversation About Financial Inheritance?
The thought of discussing inheritances with family members can be emotional and uncomfortable if not approached in the right way. The late Charles Collier was the former senior philanthropic adviser at Harvard University, where he served for 25 years. He…
Post-Divorce – A Fresh Start
Going through a divorce is challenging and emotionally exhausting, and the process is often time-consuming. This is especially true in affluent families where additional complexity can complicate the division of assets. It can take months or even years to arrive…
Canadian Tax Changes in 2021 Economic and Fiscal Update
Record fiscal and monetary stimulus has been injected into the Canadian economy over the past 21 months since the outbreak of the COVID-19 pandemic in March 2020. Many market observers have become increasingly wary of tax increases on the horizon.…
Northwood Staff Profile: Mina Rashid
What do you do at Northwood? I am a Senior Analyst at Northwood, where I work behind the scenes to produce quarterly investment reporting packages for my clients. I work closely with a group of talented individuals to assist in…
As seen in… Northwood in the Media
See our latest contributions, appearances, and articles from our Northwood staff: “Northwood has been Canada’s leading multi-family office for almost 20 years. In looking out to the next 20 years, we wanted to ensure that our clients, staff and the…
Chairman’s Message: Who Our Clients Are and Where They Come From
People often ask who our clients are and where they come from. Looking down the list of our 80ish client families, about 50% are from entrepreneurial families. Some of them have sold their businesses and some of them still operate…
How Much Does Happiness Cost?
How much money do you need to be happy? Was Biggie right when he rapped Mo’ Money Mo’ Problems? Above what level of income would more money no longer increase your day-to-day well-being? These are age-old questions (particularly the Biggie…
How Much Money Should You Leave Your Children and When?
One of the most common questions we get from our clients is how to maximize the chances of a successful wealth transfer and retain strong family relationships. Clients want to ensure that their hard work and legacy continue to live…
