Our Views

  • When the coronavirus pandemic escalated, insurers made it clear that travel insurance policies would not cover COVID-19-related treatments or hospital admissions. This created a conundrum for wealthy Canadians—especially older snowbirds—with homes in the U.S. or overseas, who found themselves ... Keep Reading >
  • For a variety of different reasons, many high net-worth individuals include charitable giving as part of their wealth management plans – whether to reduce tax on large capital gains, drive social change, or unite family around a common cause. During the COVID-19 crisis, the ways some have ... Keep Reading >
  • The COVID-19 pandemic has shown us the generosity, kindness and teamwork that can emerge when we all band together in a crisis. But we’re also seeing a few bad actors working to take advantage of the situation, particularly on the cybersecurity front as we spend more hours online for work or to ... Keep Reading >
  • A small silver lining of the COVID-19 crisis is the chance it’s given so many of us to reflect on the important things in life, from our work, our homes and living spaces, to our relationships, family values and life goals. For high net-worth families especially, these trying times have created ... Keep Reading >
  • We all know that the economic and social consequences of the COVID-19 crisis have been widespread and far-reaching. One lesser-known upshot is an exponential surge in demand for will and estate planning services among high net-worth individuals (especially seniors). “We’ve been getting a lot of ... Keep Reading >
  • In the middle of a global pandemic, tax planning is unlikely to be at the top of your list of priorities. But as managers of our clients’ total wealth picture, it is incumbent on us to be constantly scanning the environment for new planning ideas. As grievous as the circumstances are, the ... Keep Reading >
  • Entrepreneurs are a huge part of the Newport family and the economic shutdown due to COVID-19 has brought a tsunami of business challenges. They are responding with extraordinary leadership—reducing costs, pivoting their businesses and innovating to make it through the worst of this situation. ... Keep Reading >
  •     After the health and safety of their loved ones, sustained financial well-being is probably the most pressing concern for many people. Investors are taking a closer look at the state of their portfolios, analyzing performance and wondering about their future financial prospects ... Keep Reading >
  • From the onset of the COVID-19 crisis in March, our team has rallied together with two main goals in mind: providing the very best service to Newport Private Wealth clients in a time of market volatility and economic uncertainty, and determining how we could best support frontline organizations ... Keep Reading >
  • “The only thing we have to fear is fear itself.” – Franklin Delano Roosevelt At the time the former U.S. president made that historic pronouncement—in 1933 at the height of the Great Depression—markets had crashed. Scores of investors had been wiped out. Unemployment was skyrocketing. ... Keep Reading >