• Tags

    2010 federal budget Bank of Canada Bonds Business Ideas Canadian Association of Family Enterprise Children and Money China Corporate Benefits CRA Deferred Profit Sharing Plans Estate Planning European Rescue Plan Family Businesses family property financial Financial Planning Group RRSPs Income Splitting Individual Pension Plan Interest Rates Investing IPO Making Sense of the Economy managing wealth Maureen Farrow Mergers & Acquisitions Mike Rose net worth NextWave Private Equity Private Wealth Real Estate Registered Disability Savings Plans Retirement Planning Selling Your Business Shareholder Agreement Stock Options Successful Entrepreneurs Succession Planning Tax Saving Ideas Tourmaline wealth Wealth & Happiness wealth management Yield

    • Category: Multi-generational Families

    Passing wealth on now, later, ever?

    Posted By Kelly Willis, Editor On February 12th, 2013

    Today’s Globe & Mail High Net Worth section featured Newport Private Wealth in a piece by journalist Paul Brent entitled Don’t let your money spoil the kids.

    It deals with the issues, desires, opportunities and complications of wealthy baby boomers assisting their offspring financially — a subject that’s near and dear to our hearts and on which several of our colleagues have blogged. You can also read David Lloyd’s post on Catalyst Funding and Kevin Dean’s Engaging the Next Generation.

    For high net worth families concerned about preparing the next generation for responsible wealth management, remember that we offer an educational program for young adults, NextWave. Contact Caitlin Lloyd or Kevin Dean to learn more.

    email Passing wealth on now, later, ever? linkedin Passing wealth on now, later, ever? bird Passing wealth on now, later, ever?

    Tags: , ,

    Engaging the next generation

    Posted By Kevin Dean On December 18th, 2012

    At the end of November we held our launch event for NextWave, Newport Private Wealth’s initiative for young adults to help them become better equipped at managing wealth.

    We had a tremendous turnout with over 40 young adults in attendance for an evening of networking and a brief introduction to the concept of NextWave, as well as introductory topics that will lead into our future events. Feedback from attendees was enthusiastic: “These are exactly the kinds of questions I have but I don’t know who to talk to” and “I was so happy that I actually understood what you were talking about because I feel totally underprepared when it comes to financials”.

    The feedback confirmed our belief that there is a strong desire to learn. Young adults want to take more responsibility, but with little in hard financial assets early in their careers they feel like they don’t have access to qualified individuals to discuss their concerns. [read more >>]

    email Engaging the next generation linkedin Engaging the next generation bird Engaging the next generation

    Tags: , ,