The right reasons – and a big wrong one – for starting a family office
When should an enterprising family seek help? When they’re overwhelmed by complexity, for one.
Business transitions: Thoughts on replacing the irreplaceable executive
Even when a transition is unhurried, new bosses at family businesses tend to fail. How to make them thrive instead.
Survey says: When should family office say ‘sayonara’ to a client?
Three experts tell what it would take to 'fire' a client – and why effective onboarding can mean never having to say goodbye.
“Privacy as a Currency” Webinar featuring Carolyn Cole and Anwar Visram
Learn how to protect your family, reputation, and wealth by joining Carolyn Cole as she interviews one of Canada's top privacy experts, Anwar Visram of Visram Security.
Dear Mom & Dad: Speaking of Entitlement…
One of the most commonly used and effective tax strategies in Canada is the use of a family trust for multiplying the Lifetime Capital Gains Exemption (LCGE). This strategy enables family members, usually parents or grandparents, to multiply the capital gains exemption with children or other family members in order to reduce the overall tax liability.
1832 Family Office Webinar Series
Carolyn Cole has collaborated with Donald and Brian of 1832 Investment Council to present a six-part webinar series on various Family Office topics. Each webinar features a hand-selected panel of family office professionals, family members, and leaders to provide perspective, knowledge, and insight.
They thought they were set for life: How a fortune was frittered away
It takes courage for advisors to tell affluent clients they’re living beyond their means. How a Canadian tech entrepreneur went from boom to almost bust in just a few years.
Family Favouritism: The case for nepotism in business
We view it as distasteful, but bringing family members onboard a business is historically advantageous. Nepotism in certain contexts may explain why humanity has survived for centuries
Serious Coin Podcasts
Serious Coin podcasts featuring Kelly Willis Green and Carolyn J. Cole: "Family Offices 101" and "Behind the Mic: My Personal Finance Story"
Judging kids of wealthy families causes damage that can last a lifetime
Passing judgment, subtly or not, shapes children’s views of themselves and the world around them. Youngsters will be exposed to some sort of wealth judgment at an early age, with or without their parents present.