Asset managers have been adapting their traditional asset allocation strategies in response to changing market conditions in recent years. What are these changes and how have they impacted investment strategies? We’ll take a look at some of the ‘traditional’ asset allocation strategies and explain why and how they’ve been modified to help protect investors’ returns in today’s market. Traditional asset allocation: the 60/40 rule Investors who have a long-term investment horizon, seek moderate growth, and can tolerate some short-term price fluctuation, have typically abided by the 60/40 rule of ..read more

Most Canadian investors by now are familiar with the Tax-Free Savings Account (TFSA). Since the TFSA was introduced in 2009, Canadians (age 18+) are able to contribute a limited amount of funds to their TFSA each year. Any investment income earned on those contributions is non-taxable. Additional contribution room is also granted to eligible Canadians at the beginning of each calendar year, which can be carried forward indefinitely if not used. Any Canadian resident, with a valid SIN and who is 18 years of age or older is eligible to open a TFSA. Non-residents who are 18+ and have a valid SI ..read more

The economic impact of COVID-19 on Canadian businesses has been dramatic.  According to the Canadian Survey on Business Conditions (CSBC)[1], over 50% of more than 13,000 businesses surveyed indicated they are not able to operate longer than 90 days without a source of revenue.  Close to 81% have experienced a medium or high drop in demand for products and services. While most businesses are feeling the pain, the impact can be particularly devasting for family-owned enterprises which also have the added intricacies of family member involvement and interwoven familial wealth. Family ..read more

Managing your wealth can be a job in and of itself. After all, it is a precious and finite resource, and like any resource, wealth takes time and expertise to manage efficiently. When your personal wealth reaches a certain threshold, your wealth management needs may become significantly more complex. Our Family Office is the solution to your evolving needs. But how do you know when your needs have reached the point where a Family Office will be valuable? You have significant sums of idle money The expression “put your money to work for you” isn’t just clever imagery. Wealth represents opportu ..read more

When it comes to effectively protecting, managing, and building your wealth, open lines of communication and a solid understanding amongst family members is key. A full-service Family Office can serve as a facilitator of meaningful discussions to ensure family values are fully aligned with your fiscal objectives. Open communication with your family can help to secure your family wealth in a number of ways: Communication Prevents Resentment Speaking to your family honestly about where they stand with regard to your family wealth will allow you to immediately identify any potential feelings of ..read more

The Canadian economy has been thriving recently, and more specifically, the Greater Toronto Area and Hamilton regions have been experiencing a particularly prosperous period. The markets are strong, unemployment is low, and businesses are growing. While this is an excellent sign for business owners, investors, and high-income professionals, it also means there may be many people who are reaching levels of wealth that they don’t have the experience to manage. Family Offices exist to help high net worth individuals and families effectively meet the planning and management requirements that come ..read more

Toronto is thriving, as is the economy in general. Today, there are a greater number of high net-worth individuals and families than ever before, and the specific circumstances of each individual are unique. Whether you’re from a legacy of wealth or have achieved affluence more recently, your financial needs are likely quite complex and diverse. But let’s face it – you may not have the time, inclination, or financial expertise to manage, grow, and protect your own wealth effectively. This is where a Family Office can help. Greater Wealth Requires Greater Planning As your wealth grows, so too ..read more

When your wealth reaches a certain threshold, your personal finances can become as complex as those of any business. It’s common for high net-worth individuals and their families to have a number of financial advisors to manage various aspects of their overall portfolio, often representing several different organizations. While it is important to have the right professionals handling your financial needs, it is also important that each member of your personal financial team is aware of the decisions or advice of the others. When your advisors are not working in sync with each other, it can re ..read more

Wealth carries with it a unique set of burdens: the more you have, the easier it is to mismanage, and the more costly any wealth management mistake becomes. Diversified investments, complex tax planning issues, generational wealth transfers—the list of financial (and non-financial) concerns goes on. Whether you’ve come upon your wealth through hard work, exceptional talent, or fortunate circumstance, you want that money to be a benefit, not a burden. Our Family Office Team Provides Expert Wealth Management Services With the Fuller Landau Family Office by your side, you can rest assured that y ..read more

There are four main events that create a financial windfall: sale of business, lottery win, inheritance, or high net worth divorce situation. Many people who come into a large sum, say $5 million dollars or more, may not have the necessary experience to handle this sudden influx of capital. In fact, according to the National Endowment for Financial Education in the U.S., it is estimated seven out of 10 people who unexpectedly come into large sums of money will lose it within seven years. What do you do if you come into a windfall? Turn to a financial professional you trust before spending the ..read more