Distribution rate does not equal yield

By Dan Hallett, CFA, CFP

It’s easy to be seduced by what appears to be a proverbial ‘free lunch’ in the investment world.  Nowhere is this more prevalent than in the world of fixed income (i.e. bonds and bond-like investments).  There are many potential topics to tackle in this context.  But perhaps the most common …

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Welcome To The Family Wealth Management Business

By Mark Barnicutt, MBA, FCSI, CFA

According to various estimates, there are currently approximately 28,000 households in Canada with investable assets in excess of $10 Million.  Although these households represent a very small portion of the total households in Canada (<1%), we believe that it’s a fast growing family wealth segment that is being driven by Canadian demographics primarily from successful …

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Swinging for the fence is not a sustainable wealth strategy

By Dan Hallett, CFA, CFP

Some of my partners and I recently met with investors that have some commonalities pertaining to how they built their significant wealth.  Each of these investors, through a combination of hard work and good fortune, amassed significant wealth by making concentrated bets in relatively few stocks.  No doubt we’ve all …

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Vanguard's Canadian launch no guarantee of an all-out price war

By Dan Hallett, CFA, CFP

Late last week, the media was buzzing about indexing giant Vanguard’s entry into the Canadian investment fund market.  (See today’s Globe & Mail and National Post for related stories.)  Today, Vanguard officially announced the birth of Vanguard Investments Canada Inc and its plans to officially launch investments funds …

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