Canadian Family Offices’ Post

With holdings of almost $1 billion, Winnipeg portfolio manager Rob Tetrault, B.A., J.D., MBA, CIM® FCSI® of Tetrault Wealth at Canaccord Genuity Group Inc. talks to Mary Gooderham at Canadian Family Offices about the firm's investing approach. This includes how their asset mix works for the firm and for clients and why they don't hold more than a certain per cent in alts. #familyoffices #wealthmanagement #alternativeinvestments #alts #CIM #CFA #CMA #CPA #CA #RFP #IAFP #CFP #CanadianFamilyOffices

What happens when investment clubs aren't all they promise to be... A client approached us back in 2022, having lost over £100,000 in savings. He was a member of an investment club that published investment suggestions - a recent suggestion being that subscribers should consider “investing” in Peer to Peer lending via a SIPP pension. Our client opened a SIPP with Greyfriars Asset Management and made substantial “investments” in companies known as Savings Stream (now Lendy) and Thincats. Some of the “investments” that our client made failed, resulting in him suffering a loss of over £100,000. We assisted our client in making an application for compensation against Greyfriars Asset Management LLP to the Financial Services Compensation Scheme, on account of the failure by the SIPP company to carry out due diligence on the investment club and/or the underlying “investments”. We were very pleased to advise our client that we had recovered £85,000 on his behalf. But not all investors are this lucky. If you think you've lost money as a result of bad advice, get in touch with Pension Justice today. Don't delay! #Pension #Compensation #SuccessStory

This month Family Business Magazine published my article on Wealth Stewardship. It is an important topic and at the core of the R360 Community. https://lnkd.in/gyfp5SJt

As Target Date Funds (TDFs) continue to evolve, so do the responsibilities of plan sponsors. Our latest issue of Compound Interests discusses the new #CAPSA guidelines and the importance of due diligence in managing TDFs. Are your #investment strategies keeping pace? Read more to find out: https://bit.ly/3US6GT5

"LPL Financial LLC announced today that financial advisors @Randy Petrilli, Matt Goodwin, @Travis Whitaker and Jeffrey McWhorter of @Goodwin Petrilli Financial have joined LPL Financial’s broker-dealer, RIA and custodial platforms. The advisors reported having approximately $205 million in advisory, brokerage and retirement plan assets*. They join LPL from Cambridge Investment Research." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

Showcasing key personnel: Emilio Bangit | Founder, Director, and Financial Planner With an extensive background spanning over 18 years in financial advising, Emilio exhibits a profound dedication to the industry. Armed with a double degree in business, he has achieved the esteemed Certified Financial Planner (CFP) designation – the pinnacle recognition for financial advisers. Emilio staunchly believes that when offering counsel on the hard-earned finances of Australians, one ought to aspire to be exceptionally qualified and well-informed. This conviction propelled him to establish Intergenerational Wealth, fueled by his vision to shepherd clients through their entire financial journey and institute wealth creation structures that benefit future generations. Specializing in comprehensive financial planning, Emilio underscores the importance of tailored care for each client. His fervor extends to championing long-term sustainable investments, implementing asset protection strategies, and providing expertise in self-managed super funds and retirement planning. Beyond his professional endeavors, Emilio is a passionate sports enthusiast, particularly relishing AFL footy, golf, and cricket. Married and content with two beautiful sons, he treasures quality downtime spent with family and friends. Please Like, Share & Follow Intergenerational Wealth “Building sustainable wealth for generations” Phone: (03) 9746 7643 Email: [email protected] Visit: www.igwealth.com.au . . . #FinancialPlanning #IGWealth #FinancialAdvice #IntergenerationalWealth #FinancialPlanners #FamilyFinances #RetirementPlanning #FinancialFreedom #FinancialIndependence #PersonalFinance #2024planning #FinancialLifePlanning #FinancialLiteracy #FinancialSecurity #FinancialGoals #WealthManagement #MoneyMatters #InvestingTips #SavingsStrategies #SmartMoneyMoves #MoneyManagement #Budgeting101 #WealthCreation #FinancialEducation #FinancialSuccess #MoneyTalks #FinancialFuture #FinancialEmpowerment #financialplanningexpert

While we all deserve to treat ourselves every now and then, we don’t want to hurt ourselves financially. Here why investing is one of the best gifts you can give yourself. #ValueofAdvice #inspiredInvestor #InvestingAcademy #RBC #TeamRBC

As Target Date Funds (TDFs) continue to evolve, so do the responsibilities of plan sponsors. Our latest issue of Compound Interests discusses the new #CAPSA guidelines and the importance of due diligence in managing TDFs. Are your #investment strategies keeping pace? Read more to find out: https://bit.ly/4egovlS

The advisers of Investment Advisors Financial Group have joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. The team reported having served approximately $1 billion in advisory, brokerage and retirement plan assets and joins LPL from Osaic. LPL Financial Investment Advisors Financial Group, LLC. Osaic Tom Musumeci Annie Silvestro Scott Posner #financialservices #NewJersey #LPLFinancial #brokerdealer #RIA #registeredinvestmentadviser #InvestmentAdvisorsFinancialGroup #Osaic #accounting #taxplanning

𝙇𝙤𝙣𝙙𝙤𝙣 𝙘𝙖𝙡𝙡𝙞𝙣𝙜... Myself and Freddy Drummond-Brady (our very own ex-guardsman:💂♀️) represented Lockton at yesterday’s #SecondariesSummit24 in London. It was a privilege to have such a fantastic conference in our own backyard and to meet decision makers and advisers across the European secondaries market. Some of our takeaways: 1.   𝗠𝗮𝗿𝗸𝗲𝘁 𝗯𝘂𝗼𝘆𝗮𝗻𝗰𝘆 📈 Sentiment in the sector remains very positive. Despite continued concerns around under capitalisation, secondaries deal volume is expected to reach $150bn this year. With close to $3trn of unrealised value in PE held assets, secondaries transactions are quickly being seen as the ‘4th’ exit track after traditional M&A, IPOs and refinancings. 2.   𝗥𝗲𝗽𝘂𝘁𝗮𝘁𝗶𝗼𝗻 𝗺𝗮𝘁𝘁𝗲𝗿𝘀🗣️ The established secondaries market in Europe is small compared to North America. Having been undercapitalized for a number of years, GPs know that there are a limited number of lead investors who truly understand the secondaries market and that have the nimbleness and ability to deploy the amount of capital required in compressed timeframes. Likewise, despite the number of new entrants from an advisory standpoint, those law firms, placement agents and W&I markets who have the knowledge to deliver value on these transactions continues to be limited. 3.   𝗧𝗵𝗲 𝗻𝗲𝘄 𝗻𝗼𝗿𝗺𝗮𝗹?🚀 What would a low interest rate, buoyant M&A and IPO market mean for the secondaries world? Panellists agreed that secondaries are an important liquidity release mechanism which are here to stay. They offer a more attractive DPI profile than traditional exit routes, allow for prize assets to be retained and grown by GPs who have a track record in driving performance and allow new investors greater comfort around future performance versus typical M&A. 4.   𝗖𝗿𝗲𝗱𝗶𝘁 𝘀𝗲𝗰𝗼𝗻𝗱𝗮𝗿𝗶𝗲𝘀 💸 With close to $2trn of private credit outstanding, private credit secondaries are proving a crucial tool in a nascent market to unlock liquidity. Lockton have placed a number of W&I policies for credit secondaries and expect deal volume to increase significantly as the market matures. 5.   𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻 🙋🙋♂️🙋♀️ With North American pension funds already weighing into the secondaries market across the pond (think CalPERS, Connecticut Retirement Plans and Trust Funds, CPPIB) could we see European pension funds (e.g. the UK’s new National Wealth Fund) and sovereign funds starting to deploy capital into the European secondaries market? 6.   𝗠𝗶𝗻𝗱 𝘁𝗵𝗲 𝗴𝗮𝗽 ▶️💶◀️ There are signs that the bid-ask-spread is eventually narrowing though LPACs are still waiving through valuations with significant NAV discounts. 7.   𝗪&𝗜✨ Recognition of the value of W&I in facilitating secondaries transactions is growing in Europe. Having helped pioneer secondaries W&I insurance, Lockton have placed over 120 secondaries W&I policies. Please reach out to discuss how we may assist.