WP Talk

It’s been a busy time for Forstrong Global Asset Management. As a macro investor, its team has been intensely analyzing the impact of Russia’s war on Ukraine, while on a business level the firm recently closed the acquisition of Shaunessy Investment Counsel.

After the deal was announced, Tyler Mordy agreed to speak to WP, providing insight into why he believes the acquisition will benefit advisor clients and lifting the lid on how a deal like this comes to fruition.

In addition, he gave his take on the situation in Ukraine, how it affects markets, and what investors should be mindful of when positioning portfolios.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Top 3 countries for privately-held wealth revealed; and Thinking Capital has a new name and shares some insights about Canada's small businesses.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: RBC Economics reveals that Canadian household net wealth soared to a record $15.9 trillion in Q4 2021; High gas prices are fuelling interest in electric vehicles; and Canadians are set to cut back on charitable donations as budgets are squeezed.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Are you spending too much time serving non-ideal clients? Durum Capital joins carbon credit market; and a new hire at Fiera Capital.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Retirement planning is low on most Canadians’ priorities despite a strong desire to boost financial resilience says CIBC; Canada is enjoying a revival in small business growth, according to Equifax Canada's Market Pulse Small Business Credit Trends Report; and time is running out to enter Wealth Professional Canada’s 5-Star Advisory Teams 2022 showcase.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians' living standard advantage over Aussies has reversed; institutional investors are bullish on ETFs; and Canadian small businesses say card processing fees are too high.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Young Canadians thinking more about their retirement; Canada's embedded finance industry set for growth this decade; and Canada's household debt-to-disposable-income ratio reached a new high in the fourth quarter of 2021.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Investors may be underestimating climate change risk; Empire Life buys six financial services firms to expand advisory offer; and why Elon Musk is a fairly typical crypto investor.

Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Support for the Pledge to Divest from Russia, which Purpose Investments and Wealthsimple initiated as the war started, is growing amidst the financial industry’s interest in divesting all Russian holdings; and increases in market prices and a thirst for direct investment helped boost Canada’s foreign assets at the end of 2021.