The family office model, once the exclusive domain of ultra-high-net-worth (UHNW) families, is now revolutionizing the broader landscape of financial planning. Traditionally, this approach involved a dedicated in-house team managing all aspects of a family's wealth, including investments, tax
The financial planning industry stands on the brink of a significant transformation, driven by Certified Financial Planner (CFP) certification, particularly as it pertains to serving traditionally underserved segments of the population. The timely announcement of an upcoming CFP exam signifies more
The demand for financial advisory services in regional and rural parts of Australia is on the rise, driven by various factors such as an influx of individuals seeking lifestyle changes and wealth generated from mining and agriculture. According to data from the Betashares Financial Opportunity
In the realm of mortgage transactions, a significant shift is occurring, with more borrowers facing longer mortgage terms that extend beyond retirement age. Research by Steve Webb, a former pensions minister, reveals that 40% of new mortgages in the second quarter of 2024 are projected to extend
Millions of Baby Boomers are rapidly reaching retirement age in a phenomenon often referred to as the "silver tsunami," which has resulted in a renewed focus on how this generation feels about their finances. According to Charles Schwab’s Modern Wealth Survey, a significant 66% of Boomers
In the face of climbing inflation rates and the ongoing cost-of-living crisis, Canadians are feeling the squeeze, prompting many to turn their attention to intergenerational wealth transfers as a potential financial safeguard. A recent survey conducted by Vanguard Investment Canada Inc. has
