The top 1% of taxfilers living in Ontario boasted the highest average income of $487,100 in 2014
But half of HNW Canadians would like to talk with their advisors about the tax benefits of charitable giving as part of their tax planning discussion
The new separately managed account program and fee-based account will take care of HNW clients’ needs that mutual funds cannot
New report finds that total billionaire wealth dropped to US$5.1 trillion and average billionaire wealth fell to US$3.7 billion last year
Research found that there's lots of room for advisors to grow their business among high net-worth consumers
Private pools and income funds focus on financial needs pre- and post-retirement
As growth of HNW assets slows, wealth managers must deliver visible value, digital tools, says annual Capgemini report
One recommendation is that firms should look to partner with fintech companies already in the market that can help them to catch up to today’s technology
After the traditional tax-minimization strategies have been used, you can recommend more sophisticated approaches, such as insurance and charitable-giving strategies, to preserve clients' wealth
Big assets don’t always mean profitability for advisors