CIBC Private Wealth Management Blog
Chris Lombardo, CFA
G2G Impact

7 Important Financial Questions to Answer When Expecting a Child

Chris Lombardo CFA
August 26, 2016

  Welcoming a new baby is not only a personal milestone, it’s also a financial milestone. In addition to choosing names and nursery colors, you need to start making crucial financial decisions for your family. Parents today confront challenges that previous generations did not, including student loan debt that has necessitated 43% of borrowers to delay having a family and social...
Wealth Strategies

The Financial Challenges of Parenthood

Chris Lombardo CFA
April 05, 2016

  Having a child is an exciting stage in a family’s life. Of course, as is the case with any transition, there are certain worries that accompany these important milestones, particularly around finances.     Naturally, we all want our children to grow up in a stable world—one in which they are physically safe, emotionally nurtured and financially secure. But in the...
G2G Impact

Your Credit History: Building a Rapport With Lenders

Chris Lombardo CFA
January 12, 2016

  Having a good credit score can go a long way toward helping you achieve your long-term goals. Similar to how your resume and references say a lot about you as a potential employee, your credit score can open—and close—certain doors financially.     When you purchase something on credit, you are being trusted to fully make good on the cost of the goods and/or...
G2G Impact

Interpreting Your Credit Report

Chris Lombardo CFA
December 15, 2015

  Credit seems to be one of those things that we cannot avoid. For many millennials, the thought of having a credit card (and the additional debt that having one implies) is unappealing. Yet, having good credit can provide you with financial flexibility and security.     For example, few people are able to (or want to) purchase a new home or car with cash alone. Or,...