All items tagged with: Financial Advisor
Posted in: Strategic Thinking, Current Issue , Financial Planning, Financial Advisor, knowledge bureau, Canada Pension Plan, Evelyn Jacks, retirement planning, master financial advisor, retirement savings, Canadian economy, retirement income, CPP, retirement benefits, pension fund assets, pension funds, sovereign pension funds, Ontario Teachers' Pension Plan, CPP income calculator, retirement planning course, financial calculators
Canada now ranks No. 5 globally by share of pension fund assets, according to new research by Willis Towers Watson. What does this mean for advisors and their clients?
Posted in: Strategic Thinking, Current Issue , knowledge bureau, Evelyn Jacks, distinguished advisor conference, financial advisors, ce credits, financial education, financial conference, conference for financial advisors, finance events, FinCon, 2017 finance conference, Canadian conference, tax conference
Plus, find out who the lucky winners are to the DAC trivia contest!
Posted in: Strategic Thinking , Debt Management, Tax Planning, Financial Advisor, knowledge bureau, TFSA, RESP, rrsp, education savings, distinguished financial advisor, financial education, professional development, post-secondary education, CE Summit, student debt, student loans, CIBC poll, back-to-school, Marcia Elaschuk, consumer debt, reducing debt, debt solutions
Three-quarters (74 per cent) of Canadian post-secondary students believe they will need to supplement their schooling with more training after graduation, despite already spending on average $14,000 each year and expecting to owe $30,000 in debt by the time they complete their current program.
Posted in: Strategic Thinking , CRA, Financial Advisor, knowledge bureau, Canada Revenue Agency, organization for economic co-operation and development, income tax, tax residency, financial services, banking, phishing scam, Common Reporting Standard, G20, global tax evasion, tax compliance, tax identification number, tax authority, tax declaration, Foreign Tax Credit, Siegfried Merten, Merten Financial Inc., accountant
Advisors, inform your clients that they may receive letters from their financial institutions that they need to respond to, and it’s not a phishing scam.
Posted in: Strategic Thinking , Real Wealth Management, Tax Planning, Financial Literacy, Estate Planning, Financial Advisor, knowledge bureau, relationship management, succession planning, Evelyn Jacks, trusts, wealth transfer, inheritance, financial education, Millennials, Baby Boomers, high-net-worth clients, family wealth, intergenerational issues, intergenerational wealth transfer, asset management, investment plans, loan agreements, heirs, Generation Y, Real Wealth Manager Program, financial course
It’s a well-known fact that the next decade will see an enormous amount of money transferred from one generation to the next in Canada. According to a 2016 CIBC study, there is $750 billion at stake. Your clients, and your high-net-worth clients in particular, will be looking to you to help them preserve their family wealth, if they aren’t already.
Posted in: Strategic Thinking , self-employed, knowledge bureau, tax returns, relationship management, Evelyn Jacks, income tax, retirement planning, distinguished advisor conference, financial advisors, wealth management, tax education, financial education, tax reform, entrepreneur, post-secondary education, CE summits, artificial intelligence, AI, industries, iron and ore, Malcolm McRae, tax planners, family wealth, intergenerational issues, job elimination, obsolete jobs, severance packages
From cell phones to airplanes, building and coins, ore is indispensable in modern life; but, like many other outputs, the work people do to bring it to market is being impacted by the A.I. Revolution. Similar disruptive changes affect the advice tax and financial advisors give their clients.