Our Views

Topic: Wealth

  • Financial Planning Checklist – 2016

    by Kelly Willis - 01/07/2016

    To help you plan for 2016, we offer this month-by-month guide to organizing and optimizing your financial affairs.

  • Millennials and money: are they ready for the responsibility of wealth?

    by Caitlin Chapman - 12/03/2014

    A freak mid-November snow storm didn’t stop some twenty-five young adults from participating in Newport Private Wealth’s popular educational and networking forum, NextWave.

  • How to talk to aging parents about their financial affairs

    by David Lloyd - 06/18/2014

    There comes a point when adult children should be asking certain questions of their parents to ensure that their financial affairs are in order. As parents age, achieving financial independence for retirement is a primary objective and effective planning should start well ahead of time. Similarly, planning for the smooth succession of assets on death […]

  • A Young Adult’s Guide to Smart Spending

    by Caitlin Chapman - 06/11/2014

    We recently held the spring session of our popular NextWave program, an educational and networking based initiative that helps the next generation of our client families become more informed, confident and financially independent. On an evening in May, a group of young adults in their 20s and 30s gathered in our boardroom to discuss ‘how […]

  • NextWave – A Young Adult’s Guide to Investing

    by Caitlin Chapman - 12/04/2013

    We hosted our 3rd NextWave event last week in our King West offices where over 30 young adults gathered to learn about and discuss financial issues specifically relevant to the younger age demographic. This NextWave event is part of a larger program to help young adults develop healthy money management habits and ultimately gain the […]

  • Baby checklist

    by Caitlin Chapman - 10/01/2013

    As part of our NextWave program of financial education for young adults in their 20s and 30s, we have put together a checklist outlining some important financial elements that parents, or even grandparents, may wish to consider.

  • Passing wealth on now, later, ever?

    by Kelly Willis - 02/12/2013

    Today’s Globe & Mail High Net Worth section featured Newport Private Wealth in a piece by journalist Paul Brent entitled Don’t let your money spoil the kids. It deals with the issues, desires, opportunities and complications of wealthy baby boomers assisting their offspring financially — a subject that’s near and dear to our hearts and […]

  • Engaging the next generation

    by Kevin Dean - 12/18/2012

    At the end of November we held our launch event for NextWave, Newport Private Wealth’s initiative for young adults to help them become better equipped at managing wealth. We had a tremendous turnout with over 40 young adults in attendance for an evening of networking and a brief introduction to the concept of NextWave, as […]

  • Catalyst funding… for families?

    by David Lloyd - 12/05/2012

    ‘Catalyst funding’ is a notion commonly associated with business, health care and even the not-for-profit sector. It describes investments that are made to accelerate the development of an innovation or strategy. The theory being that with such funding, desired outcomes can be achieved faster or perhaps on a larger scale. At Newport Private Wealth, we’ve coined the […]

  • Filling the knowledge gap for the young affluent

    by Caitlin Chapman - 11/20/2012

    Wealthy baby boomers are retiring and the ‘Great Transfer’ of wealth is well underway. Yet, according to the 2012 U.S. Trust Insights on Wealth and Worth Survey, more than two-thirds of parents believe their children are not adequately prepared to handle wealth. This is not surprising because managing wealth isn’t generally taught by our education […]