News and Views
How advisors can use philanthropy to engage the next generation (part 1)
Generational succession isn’t just a consideration for wealthier families looking for the most effective way to pass wealth to their heirs. It has a major impact on advisors, as well. Financial planning and portfolio management firms—even lawyers and accountants—spend years (sometimes decades) building relationships with wealth builders. But when those individuals pass away, their children […]
National Philanthropy Day is a call to charitable action
The thousands of Canadian philanthropists who give generously each year to their preferred causes share some common characteristics. Namely, their kindness is selfless and their dedication to making a difference tends to be utterly relentless. They give not only because they can, but because it’s a key part of their personal identity. National Philanthropy Day […]
The drawbacks of a sharp rise in minimum annual disbursement quotas
The law of unintended consequences is usually applied with ruthless precision when it comes to public policy. Governments often employ common sense solutions, only to understand months, years or decades later how their decisions created significant challenges for the very stakeholders or institutions they sought to help. And so it is with some federal political […]