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Perspective Newsletter Archive

Spring 2016 – From the Archive

BY
Tom McCullough
The Northwood Perspective

Looking back to the Spring 2016 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues.

Articles in this issue:

Chairman’s Message: Rich Experiences

Many years ago, one of my children asked me at the dinner table “Are we rich?”. It led  to a very interesting discussion about what it means to be rich. Most people focus on the financial aspect of wealth, but of course it is much more than that…

Control What You Can Control and Conservatively Estimate the Rest

Interestingly enough, the investment industry spends most of its time focused on forecasting economic factors, despite substantial evidence that it is almost impossible to do so accurately or consistently…

Federal Budget Highlights

On March 22nd 2016 Justin Trudeau’s Liberals released their first federal budget since  being elected into office last fall. The budget, titled Growing the Middle Class, aims  to stimulate the economy, create new jobs, and strengthen the middle class…

The Family Balance Sheet – An Asset Allocation Tool

Most corporations and institutions use a balance sheet to assess their current financial position and test the likelihood of the achievement of their future objectives. A family can benefit from using the same analytical and assessment tools,  adapted to the family context, as part of a robust and effective wealth plan…

Read the Spring 2016 Issue

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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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