Articles in this issue:
Chairman’s Message: Positive Developments
We just returned from the Wigmore Association meeting in Frankfurt, Germany. It was particularly interesting for us to be in private meetings with European Central Bank authorities while the banking crisis in Cyprus was unfolding…
How Much Should You Leave to the Kids?
Deciding how much to leave your heirs is one of the most important questions wealthy families face, and one with the widest range of answers, literally ranging from ‘everything’ to ‘nothing’…
Wigmore Association: A European Vantage Point
As many regular readers of this newsletter know, Northwood Family Office is a founding member of the Wigmore Association, a global collaboration of chief investment officers from leading family offices from around the world…
Canadian Federal Budget Highlights
On March 21st, Canadian Finance Minister Jim Flaherty tabled the federal budget for 2013. As advertised, the budget closes some complex “loopholes” to help generate revenue to support the achievement of a budget surplus…
The Value Of Value Investing
One of the most thoughtful, time-honored, and successful investment approaches is referred to as value investing. While there are many definitions, most practitioners will agree that value investors focus on buying securities that are priced substantially below their intrinsic value…
Five Reasons You Should Give Your Son or Daughter Funds to Invest in a TFSA
For most affluent families, there will be wealth available to leave to the next generation. So the questions these parents ask are not “will they receive any inheritance?”, but “what is the right amount?” and “will they be prepared to manage it?”…
