WP Talk

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Canada’s house prices are continuing their downward journey and have a lot further to fall according to a leading index.

Smith Financial, the family holding company of First National Financial Corp. co-founder Stephen Smith,  has made a $1.7 billion bid to acquire mortgage lender Home Capital.

The world could face a diesel shortage in a significant blow to economic growth.

Clients are demanding more from their financial services providers and want their customer experience journey to be more joined up.

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Stock options donated to charity are taxable income, Canada’s top court rules; more than $1 billion in pandemic-related benefit repayments are still due; and most Canadians want more education on financial fraud and cybersecurity awareness according to a Scotiabank poll.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Foreign investors have retreated from Canadian securities in their biggest pull-back since December 2018.

According to a report from Bloomberg, the survey of 179 North American family offices showed private equity outperforming all other investments. 

With little more than a month until the end of a volatile and uncertain year for investors, hopes of a brighter 2023 are growing.

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: the Government of Canada decides to stop issuing real return bonds despite investors’ need; don’t wait for the season to do tax-loss harvesting, says a veteran investment advisor; and are we nearing the end of ESG’s growing pains?

Michael Lee-Chin, President and Chairman of Portland Holdings Limited., and CEO and Chairman of its investment dealer, Mandeville Private Client Inc., has signed a memorandum of understanding (MOU) with Canadian Nuclear Laboratories (CNL) to collaborate in the development of health sciences, clean energy, and environmental responsibility.  He explains the significance of the partnership to WP – and how Mandeville advisors and end clients will benefit. This video was produced in partnership with Mandeville Private Client Inc.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

What influence do platforms such as Robinhood have on retail investors and does the ‘gamification’ of investing have implications for investor protection? The OSC has been finding out.

A new joint survey by FP Canada and Angus Reid Forum explores the impact of a frequently overlooked area of spending - unconscious spending habits - on Canadians' financial lives.

Investors have long been calling for greater insights into ESG factors in the companies they may choose to invest in – and corporate finance professionals agree.

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: iA Private Wealth unveils its US RIA firm; Most Canadians are still at post-pandemic risk with no wills or powers of attorney; and wedding wine and asset management has been a rewarding journey, says an industry veteran.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Canada’s financial services are facing higher costs from fraud, as the threat of more complex and frequent activity intensifies.

Three quarters of institutional investors feel that their alternative asset managers have met or exceeded performance expectations during a challenging and volatile market period.

A new study from Edward Jones Canada sheds fresh light on the financial realities faced by young people across the country.

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: How to help clients build financial resilience to deal with still-rising inflation; why sustainable funds’ near-term challenges shouldn’t shake ESG believers; and investments in leveraged ETFs reach historic levels.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

US equity futures erased gains as a rocket strike inside the Polish border kept investors jittery about the prospect for escalation in the Russia-Ukraine war.

A 1.2% decline in Canada’s national home price in October may not be the news homeowners and real estate investors want to see, but there are some positive signs for the housing market.

Canadians’ ability to make their own economic decisions about what to buy, where to work and whether to start a business, has taken a hit in recent years.

While Canadians are facing increased risks to their financial stability in retirement, a new report from Fidelity Investments finds that those who have written financial plans feel more prepared for retirement than those who don't

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Will new CPI numbers show ‘immaculate disinflation’ with price drops? Why the post-recession era could ring in shorter, sharper, more volatile cycles; and debt and inflation dampen Canadians’ holiday spirit.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Thematic investments could be shaped by some key trends in 2023 according to a new report from BlackRock.

A wealth professional with a quarter of a century of asset management experience has been promoted to a global role at Sun Life.

The co-head of global research at JPMorgan Chase & Co. and the most vocal bull on Wall Street, took another step in backing off the bullish stocks call that he had maintained throughout much of the market’s rout this year.

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Investors should ‘look through the valley’ of near-term volatility, says Harvest Portfolios CIO; reaction to the FTX exchange blow-up; and why financial advisors recommend sustainable funds despite greenwashing concerns.

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Unpredictable and widespread events that impact the stock market may not be common, but the risk is always present.

There’s strong growth ahead for the global wealth management market according to a new report – and human advisors are key.

A new survey from alternative investments fintech Dynamo Solutions sheds light on the attitudes, predictions and strategic plans that could shape the landscape for asset allocators and limited partners over the next 12 months.

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Renewed call to tax the rich resounds in COP27; Dividend stocks have trounced the market; and ESG marketing or ESG rating: which matters more for funds?

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

The Bank of Canada left the door open to further slowing of the pace of interest rate hikes, while warning the labour market faces an uneven adjustment to higher borrowing costs.

The ability to access real-time market data (RTMD) on orders and trades in Canadian equity securities could be improved by new regulation.

Individuals who work with financial professionals are more optimistic than those who don't. 

Even as budgets were being squeezed by inflation and rising interest rates, there remains demand in the housing market, but who are the typical Canadian homebuyers?

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: why 20% of advisors are talking to their clients about ESG; demand for ‘risk-on’ assets drives boom in ETF flows; and are your clients getting caught in the ‘interest rate trap’ of GICs?

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

There are fewer people in the world with net worth of at least US$30 million in the first half of 2022 than there were a year earlier.

Canadians are increasingly concerned about the finances, but it’s not necessarily young people who are feeling the pressure the most.

Allocators at public pensions, endowments and foundations, and family offices, are working harder than ever, but are not necessarily as productive.

The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.

These stories in full at wealthprofessional.ca and in our newsletters, plus: why the recession isn’t here yet, but is still coming in 2023; Picton Mahoney unveils an alternative core bond fund; and ‘Don’t get too caught up in the story of today,’ warns industry veteran.