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All items tagged with: distinguished advisor conference

Know Your Cross-Border Client: Avoiding Tax Consequences and Liabilities

Posted: August 14, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking, Current Issue , Financial Literacy, DAC, knowledge bureau, Evelyn Jacks, distinguished advisor conference, snowbirds, financial education, Knowledge Journal, Dean Smith, Canadians abroad, cross border, U.S. tax, non-residents, living abroad, Cadesky Tax

Canada-US relations have been strained for a variety of reasons, but recently private business owners received what could be a very costly surprise. New guidelines outlined by the I.R.S. for the Transition/Repatriation Tax will take a toll on Canadians with U.S. or dual citizenship who have businesses incorporated in Canada: expect to owe even more tax.

Cyber-Attacks Increase 80%: Dr. Michael Geist Addresses the Risks at DAC

Posted: July 17, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, distinguished advisor conference, financial education, privacy, Real Wealth Manager, cybersecurity, Finance Department, Trump, artifical intelligence, cyber breaches, data security, Michael Geist, privacy laws, Zuckerberg, Kremlin, election hacking, Deloitte, conferences, Putin

Cyber-security has been the subject of daily political news on the world stage, but it hits close to home, too. In 2017, the Federal Conduct Authority (FCA) in the U.K. reported that cyber-attacks in the financial sector increased by 80 percent. Managing this critical risk is the subject of a riveting keynote at this fall’s Distinguished Advisor Conference (DAC) in Quebec City by esteemed columnist and Internet and E-Commerce Law Research Chair, Dr. Michael Geist.

Solving the Unethical Advisor Dilemma: Higher Standards for Education Credentials Needed

Posted: July 17, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking, Distinguished Practices , education, Financial Advisor, compliance, knowledge bureau, Evelyn Jacks, Canadian Securities Administrators, tax courses, tax education, poll, CSA, Know Your Client, regulation, KYC, Know Your Product, KYP, education credentials, credentials for financial advisors, Rel Wealth Management, Distinguished advisor Conference Business Builder Retreat

The debate is on for our July poll, with respondents split down the middle on whether or not more regulation is required to protect consumers from unethical tax and financial advisors. Many commenters agree that unscrupulous practices are an issue, but what’s the answer? Some believe the solution lies in higher educational standards. Share your thoughts!

Business Builder Retreat: Find Balance for More Effective Leadership

Posted: July 03, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , self-employed, knowledge bureau, Evelyn Jacks, distinguished advisor conference, entrepreneur, business development, leadership, goal setting, work-life balance, leadership retreat, Executive Business Builder Retreat, executive, self-care

Having trouble relaxing on your summer vacation? You’re not alone. Two-thirds of Canadians work more than 45 hours a week. Of these individuals, only 23 percent are satisfied with their quality of life, which hinges on work-life balance. It’s also widely accepted that entrepreneurs and business owners work significantly more than the average worker – and that can negatively impact effective leadership and corporate culture when self-care isn’t a priority.

U.S. Repatriation Tax Is Hitting Canadians Hard: Are Your Clients Affected?

Posted: June 19, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , Venture Capital, Financial Literacy, Financial Advisor, knowledge bureau, Evelyn Jacks, distinguished advisor conference, tax courses, Canadian economy, tax education, Canadian business, CE summits, US tax, Trump, IRS, cross-border tax, US tax reform, self-study, repatriation tax, Canadians in the US, Canadians abroad, Tax Cuts and Jobs Act, shareholders in foreighn corporations, Cross boarder Taxation course

Donald Trump’s U.S. tax reforms are having a significant spillover effect north of the border, as many individuals with private businesses in Canada are facing an enormous tax bills in the U.S. If your client base includes any corporation in which a U.S. shareholder controls at least 10 percent of the voting rights or value, you need to know the details of this punitive measure.

Advisors Lack Holistic Planning Focus: 50% of Future Clients Will Demand It

Posted: June 19, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , Financial Advisor, knowledge bureau, Evelyn Jacks, Small Business, distinguished advisor conference, digital age, ce credits, entrepreneur, financial conference, CE summits, artificial intelligence, wealth advisor, leadership courses, investors, leadership development, leadership retreat, Business Builder Retreat, holistic wealth management, business building, value-add, adding value, relationship managaement, A.I., Advanced Family Tax Preparation

A new report demonstrates that many advisors are unprepared to meet the changing demands of their clients, particularly with regards to holistic goal planning in wealth management. This will be among the top things that 50 percent of investors will look for when selecting an advisor by 2022.