Strategic Private Wealth Counsel - Harbourfront Wealth Management

It's important for wealth practices to have standards around options for their clients.

Travis Forman, Practice Owner of Strategic Private Wealth (SPWC) was interviewed by Wealth Professional Canada on this topic

We’ll start with due diligence around talent, tenure, track records, and other KPIs,” said Travis Forman. Read the full story here:

How do wealth firms vet their alternative investments? Industry leaders discuss their different approaches to due diligence and evaluating managers

How to succeed with Alternative is a popular question for many. Access to non-traditional investments - like commodities, precious metals, private equity, venture capital, hedge funds, and real estate opportunities - is growing.

Travis Forman CFP, CIM, FCSI alongside industry experts recently participated in a roundtable hosted by Inc to discuss this topic in full. Experts from National Bank Financial, Private Client Inc., Harbourfront Wealth Management and more discussed both their characteristics and benefits during this session.

You can read expert commentary on the topic and access the video recap via this link: https://lnkd.in/gKtZ_6rN

Wealth Professional Canada

How to succeed with alternatives At a recent round table hosted by Equiton, a leading private real estate investment firm, industry experts revealed their strategies for leveraging the alternatives space to manage market volatility

SPWC joined Harbourfront Wealth Management years ago because we believed in its vision. Today, we are happy to share that this vision has been realized by a leading US-based private equity firm, Audax Private Equity.

This partnership will give us the ability to:
1) further support clients and
2) enhance our commitments to them.

How? Read the release below.

https://www.globenewswire.com/news-release/2022/09/27/2523257/0/en/The-Harbourfront-Group-Completes-Transaction-with-Leading-US-Based-Investment-Firm-Audax-Private-Equity.html

Nowadays, the practice of needs to be about . Educating clients is the cornerstone of building trust. This goes for any and all practices within service-based industries, but -

Especially when placing one's finances into the hands of another.

When clients are educated, they are also comfortable meaning we get to help more meet their financial goals.

'An educated client is a happier, more profitable client' Pension fund-style philosophy helps provide smoother ride for investors, says portfolio manager

The Insider – September 15, 2022

What Happened Over the Past Couple Weeks?
● The impact of rising interest rates on consumer debt
● What happened with oil prices?
A Few Opportunities to Consider
● The argument for diversification
● Investing in private debt in a rising rate environment

https://mailchi.mp/strategicprivatewealth/spwc_insider_09152022

How Corporate Insurance Can Benefit your Business
https://mailchi.mp/7a3ffab6a309/protection_september-16544951

The Insider – August 26, 2022

What Happened Over the Past Couple Weeks?
● Elevated inflation starts to weigh on Canadian consumers
● Is the latest stock market rally here to stay?

A Few Opportunities to Consider
● Fixed income is not the only way to hedge against volatility
● Private equity is a more significant asset class than you might think

https://mailchi.mp/1c30ae8b0583/spwc_insider_09042022

Increasing rates in Canada - don’t lose hope

As inflation is touching 4-decade highs, the Bank of Canada made a 100 basis point (1%) hike to the overnight interest rate on July 13th. This increase marks the largest rate increase in more than 20 years as the bank works to rein in inflation - the full effects of which have yet to be felt. As an example, variable mortgage rate clients will see an increase by approximately $53/month for every $100,000 in principal outstanding (assuming a 25-yr amortization.)

READ MORE: https://mailchi.mp/strategicprivatewealth/spwc-lenders-report-082222

The Insider – August 12, 2022
https://mailchi.mp/strategicprivatewealth/spwc_insider_08162022

What Happened Over the Past Couple Weeks?
Canada's economy is still expanding, but for how long?
The U.S. labor market recovers from its early pandemic losses

A Few Opportunities to Consider
How housing affordability is impacting Canadians
How to use alternatives to diversify your portfolio