Planning and Advice

Shine a light

Sometimes, you have to set an example; display some solidarity; share the pain. Which is why it was gratifying to see many high-level Canadian financial services executives recently forgo their bonuses or other compensation, and do so publicly. Naturally, the cynic in me sees it as a publicity stunt. But, even still, it was the […]

By Philip Porado |March 1, 2009

2 min read

Back to basics: A downloadable household balance sheet

A household balance sheet opens up a lot of discussion points. The economy and credit crisis have affected nearly every client. Maybe they haven’t lost their jobs but their salaries have likely been frozen at 2008 levels. Executive bonuses have been reduced — if not cut altogether — and stock options have dried up. Meanwhile, […]

By Deanne Gage |February 10, 2009

1 min read

To Clients: Managing debt (updated)

Dear [Client’s name]: With a volatile economy and turbulent markets, we know that managing your finances is top of mind more than ever before. But just because the news is full of financial doom and gloom doesn’t mean you need to do something drastic. In fact, your situation could be better than you think. To […]

By Staff |February 10, 2009

2 min read

Doctors’ retirement plans on life support

To gauge the impact of the financial crisis, all Dr. Maria Hugi has to do is look out the window of the home she purchased a few years ago in Dupont, Wash., with her fellow emergency room physician husband. The couple, who also are both ER doctors in Vancouver, where they have their primary home, […]

By Matthew Sylvain |February 9, 2009

7 min read