Skip to main content

Author: Bloom Investment Counsel, Inc.

The Informed Philanthropic Advisor: Three Red Flags to Watch for to Ensure a Charity’s Legitimacy

yellow caution sign

You’ve made it to the third edition of The Informed Philanthropic Advisor! We know you’re the seasoned expert when it comes to counseling your clients on their financial and estate matters, and if you’ve been following along in this series, by now you’re well on your way to becoming a knowledgeable and skilled professional when it comes to advising on all things philanthropy.

So—you’ve had the conversation about charitable giving with your clients, and you’ve helped them to unearth and identify some causes they feel a deep connection to. What’s next? It’s time to start selecting specific organizations!

Continue reading

2 Strategies For Canadians To Increase Your Philanthropic Impact

gifting

Like many Canadians, you may have identified philanthropic giving as a key priority as you develop your estate plan, but find yourself uncertain how to maximize the impact of every dollar contributed.

Similarly, you may have found yourself supporting the causes that you most care about but are also on the lookout for additional opportunities to increase your impact and create an enduring philanthropic legacy.

This article is for you—here, we discuss two strategies utilizing a life insurance policy that can help you increase your philanthropic impact.

Continue reading

The Informed Philanthropic Advisor: Three Important Signs Your Client Needs Your Help

blonde woman working on a laptop

You’re the skilled specialist when it comes to crafting financial plans for your clients—but between the multifaceted tax stipulations, difficult discussions, intricate planning techniques, and the wealth of possible endeavours, philanthropic planning is anything but simple, even for the most seasoned  professional advisors.

If you had the important discussions, what’s next to becoming a subject matter expert on all things philanthropy? As we’ve explored in the previous edition of The Informed Philanthropic Advisor, if you’re not having meaningful, informed conversations around philanthropy with your clients, the research says you might risk losing them. But after you’ve bitten the bullet and planned the discussion, or even had the discussion, what’s next?

Continue reading

Personalized Wealth Management For High-Net-Worth Families: What To Consider

Are you responsible for allocating a significant amount of family wealth to meet your family’s financial needs and long-term financial objectives?

While the Canadian wealth management landscape offers no shortage of investment management and advisory solutions, high-net-worth families often have sophisticated needs and must be careful to ensure that they obtain services that are structured to meet these needs.

In this article, we explore 3 key attributes to consider when looking into wealth management products and services to help you find a truly personalized approach to managing your family’s wealth.

Continue reading