CIBC Private Wealth Blog
3 Questions to Ask When Helping Aging Parents with Estate Planning
May 25, 2016
What can you do to help your parents with their estate planning? It’s difficult to know what kind of “help” your parents may need—or when it’s the right time to step in—especially if your parents are reluctant to share information about their finances. Coordinating with your parents’ advisors is a great way to keep your finger on the pulse of your parents’ estate planning needs. ...
Brexit: Will They Stay or Will They Go?
Dave Donabedian, CFA
May 25, 2016
"Should the United Kingdom remain a member of the European Union or leave the European Union?" This is the question that British voters will answer in a June 23rd national referendum. As the vote approaches, this could be a source of volatility in global equity, fixed income and currency markets. Background ...
Atlantic Trust Featured on Forbes RIA Channel
May 24, 2016
My colleague, Bruce Katz, and I recently appeared on the RIA Channel for Forbes Advisor Network to discuss Atlantic Trust’s offerings for multigenerational clients and our service-oriented approach. During our interview with RIA Channel’s Julie Cooling, we discussed the philosophy behind Atlantic Trust’s investment platform and our emphasis on creating highly customized...
2016 and Beyond- Oil & Gas Outlook Event Speaker Series
May 19, 2016
Texas has been at the epicenter of all things energy-related, and the past several years have been challenging and volatile. With this in mind, Atlantic Trust held two luncheons last week in Houston (the energy capital of the U.S.) and Dallas. More than 125 people attended the two events, and the level of interaction was highly sophisticated. Speaking first was Andre Burba, managing director...
Diversifying Your Investment Portfolio With Bonds
Gary Pzegeo, CFA
May 17, 2016
Bonds may not be as glamorous as stocks or commodities, but they do form a significant component of most investment portfolios. The main reason bonds can be so attractive is that they can help diversify your investment portfolio. Interest payments from bonds can act as a hedge against the relative volatility of stocks, real estate or precious metals. Those interest...
Financial Education: Setting Your Children Up for Financial Success
May 13, 2016
A high-quality education is one of the most valuable things a parent can provide for his or her child, but some subjects, such as financial literacy, tend to be left out of even the most well-rounded curriculums. For example, a survey conducted earlier this year by the Council for Economic Education found that only 20 states currently require high school students...
Atlantic Trust Hosts David Wasserman in Boston
Tom Riley, CFA
May 12, 2016
The 2016 presidential primary season is in full swing, and voters continue to ask important questions about the remaining candidates, their views and the potential implications of this election cycle’s outcome on the financial markets and global economic outlook. To help glean some insights from the latest election developments dominating headlines on both sides of the...
Strategic Philanthropy: Starting the Process
May 06, 2016
The U.S. is seeing record levels of giving in recent years: According to data from the National Philanthropic Trust, Americans gave $358.38 billion in 2014—an increase of 7.1% over 2013—accounting for approximately 2.1% of gross domestic product in that year. That trend is expected to continue upward in 2016. Two factors may play a role: One is millennials, particularly...
The Family Business: Answering the “What Next?” Question
Judy Saxe, AEP®, CAP®
May 05, 2016
After someone has invested years of effort into starting and nurturing a successful business, it is only natural to contemplate the future of that business. The question “What next?” is not an easy one to answer; it requires serious thought and planning, and often boils down to one of the following options: ...
What You Need to Know Before Investing in Mutual Funds
Kyle Marotta, CFP®
May 03, 2016
For many first-time investors, purchasing individual stocks and bonds might appear to be the most straightforward entry point into the market. But increasingly, millennials are also showing interest in mutual funds. Citing data earlier this year from the Investment Company Institute (ICI), a global association of regulated funds, CNBC reported that the median age at...
Investment Fundamentals: What Are the Traits of a Good Investor?
Susan Farris, CFA
April 28, 2016
Women in the U.S. control 51% of investable assets—or $14 trillion—and are expected to control $22 trillion by 2020, according to the BMO Wealth Institute. Women are the primary breadwinners in 4 in 10 American households with children under 18, and many will become the primary decision makers with respect to finances, as many women inherit twice: once from their parents and once by outliving...
G2G Impact: Investing for Social Impact
April 26, 2016
My colleague, Kent Nossaman, and I were pleased to host Atlantic Trust’s latest G2G (Generation to Generation) Impact event, How to Invest for Social Impact, on April 16 at The Fairmont San Francisco. The breakfast seminar featured investment speaker R. Paul Herman, CEO and founder of HIP (Human Impact + Profit) Investor, Inc. An internationally recognized expert in the...
Beyond Insurance: Advanced Asset Protection Strategies
April 14, 2016
Whether you’ve built your wealth from the ground up or inherited it, taking certain precautionary measures beyond insurance is important in order to protect your assets. This is becoming more critical for women, who are increasingly likely to be the main breadwinners in households—approximately one out of five wives now earn more than their husbands, according to a CBS News article...
Protecting Elderly Family Members from Financial Exploitation
April 13, 2016
In an earlier blog post, we discussed some of the implications and challenges associated with aging. In today’s post, we continue the conversation by taking a look at another dimension of this important topic—in particular, warning signs concerning financial manipulation of the elderly. If you have elderly family members, you might have watched with horror as news stories have...
Atlantic Trust Sponsors Houston's Bayou Bend Garden Party
April 07, 2016
Atlantic Trust was proud to again sponsor the Bayou Bend Garden Party, hosted at the Museum of Fine Arts, Houston, on the evening of April 3. This is the third year that our firm has sponsored the affair, which is recognized as one of the largest annual events in Houston. Altogether, the Garden Party raised $770,000—the highest amount ever—for the museum. ...