In part one of a three-part series, Jamie Golombek, managing director, tax & estate planning, CIBC Private Wealth Management, explains how avoiding tax refunds can…
Millennials should learn the power of starting a savings plan early
It pays to build relationships with your clients’ children
Arthur Fish, partner, Borden Ladner Gervais LLP in Toronto and manager of the Toronto Regional Wealth Management Practice, discusses the slippery slope of managing clients…
Some may not fully understand the importance of planning
Now is a good time for clients to review their situation with a qualified legal or tax advisor
Foundations and donor-advised funds can offer advantages over direct charitable donations
Malcolm Burrows, head of philanthropic advisory services at Scotia Private Client Group, discusses how to identify triggers and life events when clients will require your…
Understand your clients’ goals and consider the tax implications when discussing charitable giving
Recognize the life events that can trigger a client’s desire to make a charitable donation
Ensure they pack a “border kit” and note provincial health-care limitations
Clients who winter in the U.S. may soon be able to stay longer
Most Canadians think they spend too much
Dr. Karen Van Zino pinpoints the warning signs that normal age-appropriate memory loss may be advancing to the stage of a cognitive impairment. She gives…
Broaching a difficult but important topic
Get to know your clients’ beneficiaries through educational family meetings on estate planning
Watch for red flags, such as clients unexpectedly asking for a quick withdrawal of funds
Matthew McGuire, national anti-money laundering practice leader with MNP LLP in Toronto, discusses the signs that an elderly client may be a victim of fraud.…
Continue with regular meetings, and ensure clients remain engaged with their investments after they retire
Certain soft skills can come in handy when working with clients whose health is in decline
Look out for your client’s interests and broach sensitive topics
Revisit goals and use visual aids
Start by eliminating the fear of sharing information with you
Examine cash flow and encourage RRSP contributions
There are many stories of squandered opportunities