Two friends are out camping. They hear a cry for help and rush into a fast-flowing stream to save a drowning child… only to see another struggling child drift by… and then another, and another. As one of the campers…
Dealing with the Covid-19 pandemic has been, to say the least, a challenge. Having to social distance, balance our work and family lives as we work from home, and watch our investments ride a roller coaster have all created stress…
When a new or prospective client first meets with us, they often ask: What should my asset mix be? Is now a good time to invest? Which managers do you recommend? What about passive investing options? What tax planning opportunities…
In late February, Northwood attended the semi-annual meeting for members of the Wigmore Association, a group of eight leading independent family offices from around the world in São Paulo, Brazil. These meetings provide an opportunity for the leaders of the…
Join me May 21-24, 2020 for the University of Toronto Rotman School of Management's annual 3 1/2-day Family Wealth Management program. Learn the key frameworks for successful wealth management, including how to avoid common mistakes. This program is designed for…
Most people love their children, and would do anything for them. This love sets up one of the greatest paradoxes of family wealth: Many parents work day in and day out to amass wealth for their children and grandchildren, and…
As soon as I qualified for my CA degree in 1981, I transferred out of the audit group at Ernst & Whinney (one of the Big Eight accounting firms at that time which through subsequent mergers is KPMG today) into…
We wanted to let all of our regular readers know that Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask is still available for sale on Amazon. The book came out in December 2018, but would make a great…
The following article was written by Northwood’s Chairman and CEO Tom McCullough, and was published by Barron’s magazine in April 2019. Read the original article on Barron’s In 1978, Prince Charles was 30 years old and had a bright future…
