Practice

P.M. market data for February 19, 2010

North American markets Back to Top Close Change YTD Dow Jones 10,402.35 +9.45 or +0.09% -0.25% S&P 500 1,109.17 +2.42 or +0.22% -0.53% NASDAQ 2,243.87 +2.16 or +0.10% -1.11% TSX Composite 11,709.29 +14.45 or +0.12% -0.31% International markets Back to Top Close Change YTD Nikkei 10,123.58 -212.11 or -2.05% -4.01% Hang Seng 19,894.02 -528.13 or […]

By Staff |February 19, 2010

1 min read

Planning and Advice

De Goey: Don’t be a SCREWUP

It seems all stakeholders want to go on record in favour of the principle of disclosure. Of course, many of those same interests will often obstruct meaningful progress on the grounds that the disclosure reforms being suggested are too cumbersome. Full, true and plain disclosure is hard to agree on in tangible terms, it seems. […]

By John J. De Goey |February 10, 2010

3 min read

Planning and Advice

Succeeding your business

It’s rare for advisors to have a written succession plan, which is strange because advisors who work with business owners generally take a hand with helping those clients put their plans in place. I have a few theories about why it seems harder for advisors to develop their own succession plans. First, the idea of […]

By Sandra Foster |February 1, 2010

6 min read

Planning and Advice

Evolution of the family office

Technology, complexity and personalization are three common themes of modern life. With the advent of the multi-family office and virtual-family office, wealthy families can benefit from these trends. The multi-family office (MFO) or virtual-family office (VFO) offers personalized asset management that mitigates against complexity and uses the latest technologies—without incurring the expense of a traditional […]

By Mariellen Ward |February 1, 2010

8 min read

Building your business

Building a business is a bit like working a jigsaw puzzle. Before you spread out all the pieces, you need to look at the big picture on the box. Then you separate the edge pieces – build the structure first – and categorize all the other pieces by shape, size and colour. After considerable trial […]

12 min read

The family office evolved

8 min read

Fundamentals helped firm flourish

From a basement office in 1997 to a stand-alone building that houses their business and serves as a gathering point for more than a dozen local charity groups, O’Farrell Financial Services Inc. in Kemptville, Ont., has seen a lot of change in the past 13 years. But, amidst all the change, the firm has stuck […]

By Philip Porado |February 1, 2010

3 min read

Redefining retirement and your business

A year ago, advisors heard many clients announce they’d delay retirement. Fear was the flavour of the month. And, with losses mounting, a lot of advisors who’d been preparing to shift focus from accumulation to payout put the brakes on those plans and opted to stay on the asset-gathering course a little longer. But surging […]

By Philip Porado |February 1, 2010

2 min read

Final Words: Ethnic communities present opportunities

Canada’s face is changing fast. Immigrants seeking better opportunities and savvy financial services providers know they must cater to new needs. Allen Wong, president of Allen Wong & Associates in Thornhill, Ont., has been serving ethnic markets for years, primarily the Chinese Canadian community, and shares these thoughts about how to connect with a niche […]

By Staff |February 1, 2010

3 min read