Our Views

  • One potentially challenging aspect for high-net-worth individuals entering retirement is moving from the security of earning employment or business income to relying on investment income to fund their lifestyle. At first, it can feel a little like a high-wire act without a safety net. ... Keep Reading >
  • As a self-described workaholic, “Rick”—a Newport client—had no intention of departing his successful retail business and making the transition into retirement. Quite the opposite, in fact. “I worked all the time and didn’t have any hobbies,” he recalls. “I loved what I did and thought that I’d ... Keep Reading >
  • Specifically, the prescribed interest rate has fallen to 1% as of July 1, 2020, which provides a significant opportunity to split income with a spouse, children or other family members. The new rate of 1% is the lowest the rate can possibly go, unless the yield on Government of Canada Treasury ... Keep Reading >
  • As lockdown restrictions are slowly eased, many of us can finally spend time with an ever-expanding group of loved ones. That means we can enjoy this Father’s Day with a visit or a backyard barbecue as we celebrate the men who matter most to us. That prompted our team to think about our dads’ ... 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 >
  • With Mother’s Day this weekend, our thoughts turn to the women who shaped our values and who moulded us into the people we are today. Whether consoling us after a gut-wrenching loss in that pee-wee hockey playoff game or watching proudly as we accepted that hard-earned diploma, mending our ... 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 >