3 Issues to Consider when Transitioning Your Business to a Third Party
Theresa Marx May 14, 2019
The decision of when and how to sell a privately-held business is often based on three factors: economics, emotion and need.
Dividing Your Home in a Divorce
Cathy Schnaubelt May 10, 2019
Whether you and your spouse decide to sell your home now or at some point in the future, there are many moving pieces involved.
The Aging Brain: What Does it Mean for You and Your Family?
Judy Saxe, AEP®, CAP® May 08, 2019
The number of people in the United States living with dementia is growing exponentially year over year. According to the Alzheimer’s Association, an estimated 46.8 million people worldwide were living with dementia in 2015, and the number is believed to be close to 50 million people for 2017. By 2030, it’s projected that 75 million Americans will be affected by the symptoms of cognitive...
4 Issues to Consider when Transitioning Your Business to a Family Member
Theresa Marx May 07, 2019
A challenge for any business owner is knowing when and how to transition leadership. If you run a family business, the decision can be even more complex as family harmony and relationships are often at stake.
FOMC: No Change in Target Rate
Gary Pzegeo, CFA May 02, 2019
The Federal Reserve concluded its two-day meeting by leaving short-term rates unchanged. Here is a summary of today’s release and press conference.
Case Study: Expanding Services to an Expanding Company
Dan Sullivan May 01, 2019
We present a case study of how one of the largest U.S.-based infrastructure contractors in North America needed a larger credit line to finance its growing business opportunities.
How to Divide the Family Business in a Divorce
Beth McRae Mayfield April 25, 2019
Splitting the family business in a divorce can introduce a new set of challenges to an already complex process, and no single approach is right for everyone. Read our latest blog, How to Divide the Family Business in a Divorce, to get a better understanding of your options.
The Sea Is One
Carolyn Donnelly April 23, 2019
Each year, CIBC Private Wealth Management showcases various experts through our Client Speaker Series to educate our clients and provide unique insights into global markets and the economy. This year, we are very excited that retired U.S. Navy Admiral James Stavridis is joining the Series.
Admiral Stavridis spent more than 35 years in the U.S. Navy. He also served nearly four years as Supreme...
Understanding the Impact of Mergers and Acquisitions on Retirement Plans
Rosemarie Panico-Marino April 22, 2019
Is a company merger or acquisition in your organization’s future? If so, have you considered the impact on both parties’ retirement plans?
Finding Hidden Assets in a Divorce
Beth McRae Mayfield April 19, 2019
Although couples divorce for a multitude of unique reasons, a commonality that often exists before or during divorce is the loss of trust. And when there’s mistrust in a marriage, it’s conceivable that one or both spouses may have hidden assets from the other. It is in your best interest to make sure all assets are brought to light during the divorce process.
Since finding hidden assets—or...
Finding Opportunity, Using Tikkun Olam
Linda Beerman April 17, 2019
In Judaism, tikkun olam (meaning “repair the world”), is a concept that instructs us to behave and act constructively and beneficially. Marcy Borofsky has shaped her entire life around the belief that we bear responsibility for the welfare of society at large. As a physical therapist, dentist, public health expert, and entrepreneur—as well as a daughter, mother, and grandmother—Marcy has...
Introduction to Opportunity Zones
John Tennaro, CIMA®, CSRIC™ April 16, 2019
The Tax Cuts and Jobs Act of 2017 initiated a
new developmental program—known as Qualified
Opportunity Zones—designed to encourage
investments in economically-distressed communities.
Preparing for Divorce? First, Get Organized
Cathy Schnaubelt April 11, 2019
Because of the many moving parts involved with divorce, the time you spend getting your financial affairs in order ahead of time is time well spent. Developing a sound organizational system helps set you up for success and often reduces the anxiety that accompanies the divorce process. If you’re considering or planning to get a divorce, here are three steps to help you prepare.
Investing in Europe
Matt Scherer, CFA April 09, 2019
Europe is one of the largest economic regions in the world and - despite a multitude of negative news headlines - remains a market with promising companies showing strong signs of growth.
6 Reasons Why You Should Have an Estate Plan
Cathy Schnaubelt April 04, 2019
While you may think that only the ultra-wealthy need an estate plan, anyone—regardless of age, marital status or net worth—can benefit from having a plan in place if the unexpected happens. Here are six reasons why you should have an estate plan at any stage of life.