Creating a Portfolio Without Knowing the Calories

We’re a week into the New Year.  The first moment of truth of New Year’s resolutions. But rather than actual goals, let’s create a hypothetical resolution.

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Channeling Your Ideal Parent for Your Junior Advisor

I loved my time as a practicing Wealth Advisor. I became close with my clients. Almost too close, as the bulk of my clients were elderly and watching them age, and eventually pass on, was ultimately my undoing. I felt I was losing a family member with each passing, and it took a personal toll on me.

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Why Most Financial Plans Fail!

As our industry pushes further and further towards the financial plan as the linchpin of a client relationship, we challenge the idea of “Goal Setting” delivering real value. We expose the limitations of this approach and highlight the pitfalls it presents to the client/advisor relationship. Finally, we offer an alternative methodology and solutions.

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The Top 5 Myths of Behavioural Economics

I was not initially schooled in the world of economics. Or finance. Or market analysis. For the sake of my clients and partners, I’ll provide comfort by assuring them, indeed I have acquired that knowledge and training during the past 25 years working in the world of personal wealth management.

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Creating a Culture

A few years ago, I visited a very successful Wealth Management firm in Atlanta. The firm was in excess of 3 billion dollars Assets Under Management, had incredible growth rates, and were looking to enhance their client experience and technology solutions. Which explained my visit.

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The Future of Segmentation

Did you use this “Covid time” to do some much needed straightening up? The actual focus of the overhaul is immaterial. What is material, is that in your endeavour to use this ‘excess time’ in your life, you arranged things so that when you needed to access them, they were easy to find and retrieve.

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Rethinking APIs and Technology Integrations

In the Canadian landscape, widespread proliferation of APIs remains in its infancy. “Exists in imagination only”, might be closer to the truth. But truthfully, when one thinks of the herculean effort involved in reaching this “utopian state of advisor bliss”, it may very well be a Quixotic quest.

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