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    • Looking for income? Try looking south.

    Posted By Peter Churchill-Smith On December 11th, 2012

    b88c908598614c50b4792285133b98d8 florida 150x150 Looking for income? Try looking south.We look everywhere for income.

    Throughout our history, we have been able to earn attractive income-based returns for our clients ranging from the conventional (i.e. corporate bonds) to the hard to access (i.e. mezzanine debt on a privately-owned self-storage business).

    We are not alone in the pursuit of income.  Investors throughout the world have been seeking yield in an era of low economic growth and mediocre equity returns.  As a result, money has flooded into every popular idea and driven up the prices and, regretfully, driven down yields.

    Specifically, a lot of money has flowed into Canada’s real estate market – a sector that has been a reliable source of income for us and other investors. Much of the interest has come from overseas.  Foreign investors have liked our real estate, our economy, our currency and our stable political environment.  This inflow of capital has pushed up prices to the point that we now think there are more significant risk/reward opportunities elsewhere. [read more >>]

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    Catalyst funding… for families?

    Posted By David Lloyd On December 5th, 2012

    6981705 unpacking 150x150 Catalyst funding… for families?‘Catalyst funding’ is a notion commonly associated with business, health care and even the not-for-profit sector. It describes investments that are made to accelerate the development of an innovation or strategy. The theory being that with such funding, desired outcomes can be achieved faster or perhaps on a larger scale.

    At Newport Private Wealth, we’ve coined the term catalyst funding to describe various strategies  used by families to give their children a ‘leg up’ and as a means to educate them to better manage their finances. It’s a different way to think about how you provide financial support to your children – purposefully, strategically and objectives based.
    [read more >>]

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    Finding investment opportunities when the economy isn’t handing them out

    Posted By Peter Churchill-Smith On November 27th, 2012

    iStock 000014863867Medium priv eq banner 300x94 Finding investment opportunities when the economy isnt handing them outLast week, we organized a lunchtime panel with four outstanding financial minds that are part of the pool of talent we have to draw on for the management of client investment portfolios:

    • Maureen Farrow, (economist), President, Economap
    • Tye Bousada, (global equities), President & Co-CEO, Edgepoint Investment Group Inc.
    • Rick Grafton, (energy), CEO, Grafton Asset Management
    • Corrado Russo, (real estate), Managing Director, Global Securities and Investments, Timbercreek Asset Management Inc.

    It was a lengthy and meaty conversation about the state of the global economy, how Canada is faring and what it all means for clients of Newport Private Wealth. This summary won’t fully do justice to the depth and scope of the presentations, but we will try to boil a 90 minute discussion down to a readable blog post for you.
    [read more >>]

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    Filling the knowledge gap for the young affluent

    Posted By Caitlin Lloyd On November 20th, 2012

    NextWAVE 28Nov2012 thumb 150x150 Filling the knowledge gap for the young affluentWealthy baby boomers are retiring and the ‘Great Transfer’ of wealth is well underway. Yet, according to the 2012 U.S. Trust Insights on Wealth and Worth Survey, more than two-thirds of parents believe their children are not adequately prepared to handle wealth. This is not surprising because managing wealth isn’t generally taught by our education system and is often not discussed within the family.

    It is common for young adults of affluent families to start receiving money in their twenties as beneficiaries of estates and trusts and many are ill equipped to make sound financial decisions with the capital. Conversely, adult children of wealthy families may have misconceptions regarding entitlement to family wealth and/or the relationship any wealth transfer might have on their planned lifestyle.

    NextWave is Newport Private Wealth’s initiative to fill the knowledge gap for young adults to become better equipped at managing wealth through a series of discussions tailored specifically to this demographic and present these topics in a way that resonates with these young adults.  The following are concerns among young people that will be discussed in NextWave’s series of upcoming financial workshops. [read more >>]

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    Wealth management is more than just financial

    Posted By David Lloyd On November 9th, 2012

    balance triangle thumb Wealth management is more than just financialWealth management is a tag line used by many financial advisors to describe their services. It’s a familiar term but what does it actually mean and, more importantly, what should it mean?

    Wikipedia says “at the most general level, economists may define wealth as anything of value which captures both the subjective nature of the idea and the idea that it is not a fixed or static concept”.

    If one adopts the “anything of value” concept, one’s balance sheet as a measure of wealth should include more than just financial assets like investments, real estate and businesses. One’s intellectual assets like education, experience, skills, interests, passions and reputations are valuable and therefore should be part of the total wealth equation. Similarly, personal assets like values, relationships, community/civic involvement and physical, mental and spiritual health should also be captured.  Balancing these asset categories can be tricky as adding in one category can drain the assets of another (e.g., career vs. family, etc).
    [read more >>]

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    A new way of helping your child to buy a home

    Posted By David Lloyd On November 6th, 2012

    6981705 unpacking 150x150 A new way of helping your child to buy a homeSome generous parents wish to assist their children to purchase a home, especially given today’s seemingly “out-of-reach” prices.

    An obstacle for simply gifting capital to children to purchase a home is the risk that a significant portion of the funds could be lost in the event of a marriage breakdown. If the property is considered a “matrimonial home” within the meaning of the Family Law Act, the entire property value is included in determining net family property.

    There are a few ideas to protect funds to be invested in a home. One common strategy is having the child enter into an agreement with his/her common law partner which contractually excludes the home from net family property. Often these types of agreements are difficult to enter into, especially on the eve of nuptials.

    [read more >>]

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    An update on investing for yield

    Posted By Kelly Willis, Editor On September 17th, 2012

    Over the past couple of years, some of our most popular posts to this blog have been on the subject of investing for yield. (Read It’s time to look elsewhere for yield and Where to find yield now.) With interest rates so low, it remains a timely theme so we’ve provided an update.

    Attached is a link to Why You Need Yield, a primer for conservative investors concerned about protecting their capital yet wanting to earn more income.

    You can download it for free from our website. Please do drop us a line if you have any questions or comments.

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