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The Differences Between Wealth Managers and Investment Advisors

Posted by Todd Gotlieb in Blog

Todd Gotlieb August 2019 Many investment advisors are motivated to adopt the wealth management model in order to better serve their clients. Additionally, the wealth management model is much more economically rewarding. However, to move from being an investment advisor to a wealth manager requires a seismic shift…

Why Your Accountant, Lawyer and Financial Advisor Should Talk

Posted by Todd Gotlieb in Blog

Dan Fields, MoneySense August 2019 Many people have multiple professionals, from financial advisors to lawyers to tax advisors, on their financial teams. It is the job of these professionals to ensure that you have the best financial, legal and tax advice. But often they don’t…

How rethinking plan design can address retirement readiness

Posted by Todd Gotlieb in Blog

Scott Anderson | June 18, 2019 Many Canadians are looking forward to retiring someday, but with the rising cost of living and increasing life expectancy, many are also uncertain whether retirement will arrive anywhere near the age they expect. When employees are worried about funding retirement, they delay it….

Life insurance tips for the wealthy

Posted by Todd Gotlieb in Blog

Alex Solway, June 2019 Michael Bronstine of GBK Strategic Financial Partners a well-recognized life insurance industry leader who has provided insurance planning solutions for high net worth (HNW) families for over 25 years. He answers our questions about the role life insurance plays in strategic…

The Difference Between Being Rich and Wealthy

Posted by Todd Gotlieb in Blog

By Michael Bronstine Let’s all be very honest with ourselves; we all want to be rich. We want to enjoy the fruits of our labour and live a life that is more fortunate and ultimately extravagant than the average man. We dream of having the planes,…

The Difference Between Your Accountant and Your Wealth Consultant

Posted by Todd Gotlieb in Blog

By Michael Bronstine Many business owners surmise that their accountant can do the job of both accounting and wealth management (or vice versa) Many business owners surmise that their accountant can do the job of both accounting and financial planning (or vice versa) when in fact, the…

Family Dynamics, Rather Than Dollars, Complicate Estate Planning

Posted by Todd Gotlieb in Blog

MAy 6, 2019 • KAREN DEMASTERS Navigating family dynamics is more difficult than deciding on the factual details of an estate plan, according to most advisors in a recent survey conducted by Key Private Bank, the wealth management arm of KeyCorp. Seventy-seven percent of the 130 Key…

4 REASONS INTERGENERATIONAL WEALTH IS DESTROYED IN 3 GENERATIONS

Posted by Todd Gotlieb in Blog

Michael Bronstine 04/08/2019 “Shirtsleeves to shirtsleeves in three generations” is a common adage in respect of intergenerational transfer of wealth and family businesses. The first generation creates the wealth, the second stewards it and the third consumes it. Sadly, less than 10% of family wealth survives…