The Final Stretch…finally

Hillary Clinton’s ascension in the polls has coincided with significantly decreased volatility in global markets.  But if we’ve learned anything from this almost comically volatile presidential election cycle, it is that just when it can’t get any more insane….it does.  This final stretch should see a marked increase in rhetoric (if that’s possible!) and inevitable bombshells that will roil markets but create interesting opportunities for patient investors.  CNBC takes a looks at various scenarios.

Cidel Toronto Update

We are excited to announce that we will be consolidating our two Toronto offices under one roof. We are moving to 60 Bloor Street West at the corner of Bay and Bloor at the end of September. We are very excited about our new space, which will enhance our client experience and provide a dynamic workplace for our seventy employees in Toronto. We look forward to hosting you soon!

Simplifying Asset Allocation

Constructing multi-asset class portfolios has many complex elements, but does not have to be a complex process.   One, identify the asset allocation objective and strategy. Two, construct the portfolio. Finally, evaluate the performance.  Simple enough!  But each stage has many questions that must be answered. This CFA Institute piece highlights three to ask in formulating your strategy.  All are ones we ask on a daily basis to develop custom asset allocations for our clients.

Ensuring a Strong Foundation

A private foundation provides families a powerful platform to collectively give back.  However, there are many complex dynamics to be aware of, both operationally and emotionally, especially if one family member is the driving force behind the foundation.   This piece by Northern Trust delves into the issues. Cidel provides a range of philanthropic services, including private foundation administration and donor-advised funds.  Please contact us to discuss further.