News and Views
The Canada Gives engagement advantage
Earlier this year we shared on social media a diagram from our website that summarizes how a Canada Gives Foundation account works, how donations flow into a donor advised fund and how grants are distributed to charities. The purpose was to remind our current and future donor clients that Canada Gives’ mission is to not […]
How advisors can use philanthropy to engage the next generation (part 2)
According to many investment industry leaders, financial advisors in Canada are facing a significant business threat. As enormous wealth continues to transfer between generations—Manulife has estimated the figure at approximately $1 trillion between 2016 and 2026—advisors run the risk of losing long-standing client relationships when family assets pass from the wealth builder generation to their […]
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 […]