wealth management

For the second year in a row, Dexterity Consulting will be partnering with REAP Calgary to bring a social captial discussion as part of the Down to Earth Week in Calgary, Alberta April 11-15.  The Capital for a Cause summit is being brought to you in part by Dolan Wealth Management - Raymond James and Toniic.  We started exploring this topic when the price of a barrel of oil was still fairly strong.  Since those initial planning days, the Canadian dollar has tanked, oil is still trading at $40/barrel and tens of thousands of people have been laid off.  So why are we talking about social capitla management now?  It might seem counter-intuitive.  It is for this very reason that we are undertaking this discussion at this time.

This post comes courtesy of Sybil Verch of Raymond James. Please make sure to view this interview with Sybil entitled The Wealthy Life.

Before you say “I do,” it’s a good idea to sit down and discuss your finances. Even if you’re already married or in a committed relationship, scheduling a regular “financial date” to proactively talk about moneywill help avoid any unpleasant surprises in the future. Here are some ideas of what to talk about:

Last week someone in Alberta won the $50Million lottery prize.  This morning on CBC Eyeopener, David Grey interviewed the spokesperson, Kevin van Egdom from Western Canada Lottery Corporation and one of the questions was about preparing for the acceptance of such a significant cash prize.

This got me thinking about “What if…”

Last week someone in Alberta won the $50Million lottery prize.  This morning on CBC Eyeopener, David Grey interviewed the spokesperson, Kevin van Egdom from Western Canada Lottery Corporation and one of the questions was about preparing for the acceptance of such a significant cash prize.

This got me thinking about “What if…”

A large part of my business is spent presenting at firms across North America on the Advisor-Client conversation.  Specifically the conversation about planned giving and managing social capital (typically charity dollars).  Advisors who are growing their businesses, have a few things in common; one of these is the ability to have the philanthropy conversation.

Dexterity Consulting is just going through its annual strategic planning review and stakeholder engagement.  As a reader of this blog your ideas, suggestions, input is welcome so that we can provide even better service to our clients.

It has been a busy few weeks - tax season means people are starting to look at their overall wealth plans and laying out their charitable giving plan.  On the upside of this busy-ness is the fact that it looks like philanthropic activities are going up.

Before I get into today's blog, I just wanted to let you know that a podcast of an interview I conducted with Collin Glassco will be posted in the coming weeks.  Collin is the founder and CEO of the Glassco Foundation.  I interviewed him for a book I am currently researching on Strategic Philanthropy.  T

So the issue for Baby Boomers isn't which charity to give to, rather the question is can I afford to give to charity at all?