Helping You Build Your
Financial Legacy

Northwood is an independent, privately-owned boutique family office, which provides comprehensive Net Worth Management™ to wealthy Canadian and global families.

Net Worth Management™

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A family together in a field.

Risk Management

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Two women laughing on a couch.

Tax and Structure Planning

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A father lifting his child in a field.

Estate and Succession Planning

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Closeup of two feet on a dirt road.

Philantropic Planning

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Group walking on the beach during sunset.

Governance and Education

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Children playing in a pine forest.

It All Starts With A Plan

After our initial client discovery meeting, Integrated Planning is the first step in working with Northwood Family Office. It often includes some or all of the planning phases.

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Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

A family together in a field.

Ipsum Dolor Sit

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui. Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Two women laughing on a couch.

Ipsum Dolor Sit

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui. Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

A father lifting his child in a field.

Ipsum Dolor Sit

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui. Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Closeup of two feet on a dirt road.

Ipsum Dolor Sit

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui. Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Group walking on the beach during sunset.

Ipsum Dolor Sit

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui. Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

Children playing in a pine forest.
Ipsum Dolor Sit

Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui. Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.Donec eleifend dictum ultrices. Sed mollis non diam eu ullamcorper. Aliquam id felis eu turpis maximus suscipit non ac dui.

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Step 1 – Client Discovery

We start with each family’s unique combination of objectives, desires, resources and constraints, gathered from our client discovery conversations.

Goals and objectives
Net worth audit
Cash flow analysis
A family together in a field.

Step 2 – Risk Allocation

We then analyze a family’s existing net worth using our unique risk assessment approach. While each family is distinct, in principle, we believe that their lifetime needs should be ‘immunized’ with very conservative assets. Their legacy objectives (estates, bequests, etc.) can often afford a higher risk / return character.

What is the best allocation between lifetime and legacy objectives, and along the risk/return spectrum?
Two women laughing on a couch.

Step 3 – Asset Allocation

The above information, in conjunction with an understanding of the economic environment and investment alternatives, leads to an asset allocation decision. It ensures a diversified, risk-appropriate portfolio designed to achieve each client’s objectives. We capture all of this in an Investment Policy Statement, which becomes the framework for all future investment decisions.

What should the mix of assets be, given the risk and return of objectives?
A father lifting his child in a field.

Step 4 – Asset Location

We then focus on creating the most tax efficient result for a family’s net worth by locating the assets in the most appropriate legal entities.

Which legal entities should hold which assets?
Closeup of two feet on a dirt road.

Step 5 - Manager Selection/Oversight

Suitable discretionary investment managers are then chosen from among a carefully selected universe of professional firms, who act as sub-advisors. Each manager recommends a customized portfolio to suit the client’s requirements, which we implement for clients on a segregated basis. We choose managers based on a number of factors including quality of people, a sensible investment approach, degree of correlation with other managers, and consistent investment performance.

Which are the best-in-class managers?
How should they be combined?
Group walking on the beach during sunset.

Step 6 - Reporting and Review

We monitor and review the investment managers to ensure they are meeting agreed-upon objectives and have not altered their investment philosophy from the mandate that we hired them to perform. We are also alert to changes that have occurred within the family and / or the economic environment to determine if any adjustments need to be made to the portfolio.

How will we know if the objectives are being met?
Children playing in a pine forest.
1. | Client Discovery

We start with each family’s unique combination of objectives, desires, resources and constraints, gathered from our client discovery conversations.

Goals and objectives
Net worth audit
Cash flow analysis
2. | Risk Allocation

We then analyze a family’s existing net worth using our unique risk assessment approach. While each family is distinct, in principle, we believe that their lifetime needs should be ‘immunized’ with very conservative assets. Their legacy objectives (estates, bequests, etc.) can often afford a higher risk / return character.

What is the best allocation between lifetime and legacy objectives, and along the risk/return spectrum?
3. | Asset Allocation

The above information, in conjunction with an understanding of the economic environment and investment alternatives, leads to an asset allocation decision. It ensures a diversified, risk-appropriate portfolio designed to achieve each client’s objectives. We capture all of this in an Investment Policy Statement, which becomes the framework for all future investment decisions.

What should the mix of assets be, given the risk and return of objectives?
4. | Asset Location

We then focus on creating the most tax efficient result for a family’s net worth by locating the assets in the most appropriate legal entities.

Which legal entities should hold which assets?
5. | Manager Selection/Oversight

Suitable discretionary investment managers are then chosen from among a carefully selected universe of professional firms, who act as sub-advisors. Each manager recommends a customized portfolio to suit the client’s requirements, which we implement for clients on a segregated basis. We choose managers based on a number of factors including quality of people, a sensible investment approach, degree of correlation with other managers, and consistent investment performance.

Which are the best-in-class managers?
How should they be combined?
6. | Reporting and Review

We monitor and review the investment managers to ensure they are meeting agreed-upon objectives and have not altered their investment philosophy from the mandate that we hired them to perform. We are also alert to changes that have occurred within the family and / or the economic environment to determine if any adjustments need to be made to the portfolio.

How will we know if the objectives are being met?

The six steps in our investment process