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By Mark Halpern It’s taken me working for almost 35 years, in an industry I love, to become an “overnight success”—and, frankly, most of us can say something similar. As Malcolm Gladwell pointed out in his book Outliers, it often requires 10,000 hours of dedicated practice for someone to become …
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By Tony Maiorino When hearing or reading the words “wealth transfer,” many naturally think of it strictly in the financial sense—the moving or shifting of wealth and assets from one generation to another. While that’s entirely accurate, there’s another facet that should also be top of mind: the passing down …
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By Nicholas Palahnuk In this series, Nick talks with other philanthropic leaders who help to “get money moving” by addressing systemic barriers to giving. This edition features collaborator, connector, and advisor Sara Byrnell, who has mobilized giving in Canada at extraordinary levels during her career. Sara is Executive Director and …
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By Leanne Kaufman Many Canadians have charitable intentions. In my role, we are seeing a significant increase in clients wanting to learn more about how they can be strategic in their charitable giving in life and in their estates. They not only want to develop a philanthropic strategy, but they …
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LOS ANGELES, CA–Daylight and PhilanthPro launch a new partnership to give wealth and philanthropy advisors access to training and technology to deepen their philanthropic advising. Daylight is a platform where advisors can find the knowledge, ideas, and community to support their passion for growth, service, and philanthropic outcomes. Their flagship …
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TORONTO, ON–PhilanthPro Solutions Inc., a software company dedicated to fostering philanthropy, announces the launch of PhilanthPro. The cloud-based software offers a suite of easy-to-use tools for clients and their financial advisors to professionally plan and manage charitable accounts. PhilanthPro is useful for any sized portfolio and is available on a …
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Awards Recognize Most Engaged Wealth Management Teams VANCOUVER, BC–Charitable Impact—an online giving platform and Canada’s fastest-growing donor-advised fund—presents the winners of the first ever Charitable Impact Awards. The Awards recognize Charitable Impact’s most active wealth management teams for their outstanding engagement with charitable giving on behalf of their clients. The …
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New research report on high-net-worth Canadians reveals the priorities, concerns and blind spots related to the transfer of wealth TORONTO, ON–According to a new report on high-net-worth (HNW) households by IG Private Wealth Management (a division of IG Wealth Management), the pandemic has caused many to pause and reflect on …
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TORONTO, ON–Raymond James Ltd., the Canadian arm of North American investment dealer Raymond James Financial, Inc., today announced that effective immediately, the following changes will be made to its Wealth Management leadership team. Mario Addeo, formerly EVP, Head of Private Client Solutions, is appointed to Vice Chair, Private Client Group. …
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MD Financial Management shares findings from physician-based research on Canadian physicians’ financial literacy OTTAWA, ON–A lack of knowledge about financial services and products is causing stress among Canadian physicians, according to the results of a physician-based survey of financial literacy released today by MD Financial Management Inc. (MD). The stress …