All items tagged with: Millennials

Young Advisors: The Millennial Market Rocks Retirement Planning

Posted: June 26, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , DAC, High net worth relationship management, knowledge bureau, Evelyn Jacks, retirement planning, retirement income, wealth management, Millennials, Executive Business Builder Program, Business Builder Retreat, Young Advisor Award, J.D.Power Study. clients for advisors

Are Millennials really that unmotivated, and underperforming? Not according to an important new study. In fact, it turns out that Millennials may be ahead of their parents when it comes to retirement planning, an important trend for young tax and financial advisors looking to build their practices with peer group clients.

Millennials and Meaningful Work: What’s Missing is the Money

Posted: February 06, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , Financial Literacy, Financial Advisor, knowledge bureau, Evelyn Jacks, retirement planning, tax courses, wealth management, tax education, financial education, Millennials, financial planner, online courses, online education, Millennial careers, Millennial statistics, meaningful career opportunity, Canadian finances

According to a study by the Environics Institute, less than half of Canadian Millennials have enough money to live the kind of life they desire. While they are focused on finding meaningful work that will offer them balance, flexibility and the opportunity to give back - what’s missing is the money. However, the financial services may provide a solution.

Innovate or Die: How “Leadapreneurs” Are Transforming Economies

Posted: November 07, 2017 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , Financial Planning, DAC, knowledge bureau, relationship management, Evelyn Jacks, distinguished advisor conference, financial advisors, wealth management, financial education, tax professionals, innovative thinking, Millennials, leadership, financial conferences, Canadian conferences, Leapreneur, Jan Bartscht, Jessica Macias, robo-advisor, investors

In one of the most talked-about and ground-breaking sessions at this year’s Distinguished Advisor Conference, futurist Jan Bartscht, brought a stark message to the approximately 200 delegates in attendance:  you must innovate or die in a stark business reality: 40 per cent of major companies will not survive the digital disruptions of the next five years.

The Pot Factor:  Authenticity Matters in Insurance Planning

Posted: October 24, 2017 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , DAC, knowledge bureau, relationship management, Evelyn Jacks, distinguished advisor conference, financial advisors, ce credits, financial conference, Millennials, leadership, value proposition, Kelowna, authentic leadership, future-proof business, insurance advisors, crossroads of change, marijuana legalization, Aisha Alfa, Nancy Kent, Dynacare

The legalization of Marijuana is coming  in time for Canada’s next birthday party, reflecting new government priorities, and unique societal trends.  This indeed will impact the work tax and financial advisors do. Your clients may or may not want to talk to you about this.  Yet, insurance and financial advisors need to understand the financial implications of this major change in Canada.  This year’s Distinguished Advisor Conference will help prepare for the issues you need to discuss in a world filled with disruption — including the legalization of marijuana.

Intergenerational Wealth Transfer: Protecting Family Wealth for the Future

Posted: September 08, 2017 By : Knowledge Bureau
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.