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The Northwood Perspective

The Northwood Perspective - Spring 2017

BY
Tom McCullough

We thought you might be interested in seeing a copy of the spring edition of the Northwood Perspective Newsletter.

Northwood Perspective - Spring 2017

2017 has been a busy year so far for us at Northwood. In this quarter’s edition of the Chairman’s message, I discuss the takeaways from my recent trip to Japan for our bi-annual family office association meeting, and how the winds of change are blowing. Eric Weir writes a piece on why we don’t engage in macro investing at Northwood, Barrett Lyons provides a thorough recap of the March federal budget, and Dan Solomon covers the differences between time-weighted and money-weighted investment returns. Finally, Scott Hayman does a ten year flashback to an article he wrote for the 4th edition of our newsletter (way back in Spring 2007) about his visit to his daughter’s Grade 1 class and their discussion about money.  We hope you find our newsletter valuable and, as always, we look forward to your comments and feedback.

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Tom McCullough

Tom McCullough is co-founder, chairman and CEO of Northwood Family Office. He is a frequent speaker on issues relevant to families of wealth and is the co-author of three books — Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask, Wealth of Wisdom: Top Practices for Wealthy Families and Their Advisors, and Family Wealth Management: 7 Imperatives for Successful Investing. He is an adjunct professor and executive-in-residence at the University of Toronto’s Rotman School of Management, a member of the Editorial Board of the Journal of Wealth Management, and a member of the board and faculty of the Ultra High Net Worth Institute. He was awarded ‘Best Individual Contribution to Thought Leadership in the Wealth Management Industry (North America)’ at the 2020 Family Wealth Report Awards.

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