Canadian Family Offices delivers the latest trends, personalities and expert insights. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
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If family offices want to tap Canada’s ‘new wealth,’ here's a community worth paying attention to

Quietly but powerfully, entrepreneurs from Asia are shaping the future of Canadian enterprise. We can learn much from their wealth-building philosophies, though their enterprise world is mostly unseen.  

It's one that Jessie Huang has come to know well. She has worked with more than 100 immigrant entrepreneurs, many of them of Asian descent and first-generation Canadians. These founders need culturally fluent advisors and supportive wealth management firms, and thus they present an opportunity to the Canadian family office industry. 

It was one of our most popular articles of the week.  

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MEMBER CONTENT

Highlights from July’s Canso Market Observer

‘When things are very expensive with this much uncertainty, then it is time to take profits and watch cautiously from the sidelines.’

Beautiful tariffs make beautiful markets

Canso’s July Market Observer begins by expressing incredulity at our current reality. After the chaos of April’s tariff rollercoaster, rising equity markets and tightening credit spreads weren’t most experts’ first choice for a likely outcome, but that’s what has happened. 

The S&P 500 surpassed its February all-time high by 2.2%, up 26% from its bottom on April 8, which puts it up 6.6% for the year. The Canadian S&P/TSX Composite Index is up 8%, and the non-U.S. MSCI EAFE (Europe, Australasia and Far East) is up 19.5%.

This story is brought to you by Canso Investment Counsel Ltd.

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More this week & from our archives

Paradise lost: The fight over Jimmy Buffett’s fortune reveals pitfalls for enterprising families

Appointing multiple trustees to oversee an estate comes with risks. Blame ‘the human element’

Capital-gains shock led cottage owners to re-examine plans for succession

Kerfuffle made clear that families need to prepare for future tax liabilities and craft a surefire succession plan

Jim Hewitt on why his family has begun reducing its U.S. investments

'I don't think there's any question of going back to business as usual'