Wealth Management Articles
We offer exclusive educational events and seminars to build your understanding of wealth strategies. Our wealth management articles cover key topics, including economic trends, real estate, and updates on the global economy. Stay informed with quarterly reviews and in-depth discussions on critical market changes and equity markets. These insights are designed to help you make informed financial decisions.
Elevate your Financial Wisdom
Each year, Momentum presents world-class educational seminars focused on financial insights in Ontario. We believe in lifelong learning, hosting events on a broad range of financial issues tailored to resonate with clients and their families. As valued clients, you receive special invitations to attend exclusive annual events aligned with your interests. These experiences offer positive insights and valuable takeaways, ensuring ongoing growth and understanding.
September 10, 2024
High-net-worth individuals (HNWI), have different needs and expectations than most people when it comes to their assets and the direction of their financial future. With numerous assets, companies to run, and properties to manage, they likely don't have time to handle the growing complexities of their finances. High-net-worth wealth management services take this burden off their shoulders, providing opportunities to protect and grow their fortunes and giving them space to focus on managing...
August 26, 2024
Investment managers use a few different tools to balance and optimize your portfolio. This helps protect it against possible losses and also to maximize your gains. One of the most important things to do is include at least a few alternative investments. Alternative investments are financial assets that you would not find in your usual selection of investment instruments like stocks and bonds. They could include venture capital, hedge funds, managed futures, art...
August 19, 2024
A lot of people think of insurance as a grudge purchase - a waste of money, but the truth is you need it to protect your assets against all types of risks. It is there to help you protect your wealth. If you are a business owner or a high-net-worth individual, insurance can be invested in to augment your estate, act as collateral, and help you be more tax-efficient. If you choose your...
August 13, 2024
You have worked hard to acquire what you have. Naturally, you want to ensure that your assets can pass to your heirs as you see fit, and this is why you need to understand the importance of estate planning. High-net-worth estate planning may not be something you want to talk about, but it is a necessary step in ensuring that your estate will be wound up according to your wishes. A carefully...
August 12, 2024
By Peter Sproule, CFP, CLU, CHS, Investment Advisor and Rosanna Palmieri, CEA, Investment Advisor Key Details Election Year: 2024 is the year of elections, with 8 of the 10 most populous countries voting, accounting for almost 2 billion people. Most notably, Brazil, India, Russia, Pakistan, Mexico and of course, the US, have had or have elections upcoming. With varying degrees of fair and transparent democratic elections, the geo-political impacts are present, nonetheless, and...
July 29, 2024
By Peter Sproule, CFP, CLU, CHS Certified Financial Planner, Momentum Financial Services Inc. Owning a cottage can be a cherished family tradition, but it also comes with unique challenges when it comes to estate planning. Whether it's navigating tax implications, ensuring fair distribution among beneficiaries, or preserving the property's sentimental value, careful planning is essential to protect your legacy. Here’s a comprehensive look at some typical challenges and considerations, along with...
July 29, 2024
By Peter Sproule, CFP, CLU, CHS Certified Financial Planner, Momentum Financial Services Inc. The Federal Budget 2024 introduces several significant measures impacting professionals and business owners across various sectors. For high-net-worth individuals, some of the measures will have significant planning considerations. Understanding these changes is crucial for effective financial and estate planning. Increase in the Capital Gains Inclusion Rate. Budget 2024 proposes to increase the capital gains inclusion rate Understanding...
July 16, 2024
For high-net-worth individuals and families, investing requires a different approach than the traditional allocation of assets that are diversified by geography and sector. Rather, high-net-worth investment management requires attention to risk, liquidity needs, taxes, and cash flow requirements. Investment management is a core aspect of financial planning and is key to growing your wealth. Understanding investment management is, therefore, indispensable for a business owner who also wants to create a successful investment portfolio....
July 9, 2024
For high-net-worth individuals, tax planning is essential. We all know taxes are unavoidable, but it is still possible to strategize your taxes in a way that minimizes your liability as much as possible. High-net-worth tax planning is also a central part of creating intergenerational wealth. Momentum Financial can help households and individuals with strategic tax planning approaches, using every available legal deduction or exemption to ensure that you can keep more of your...
