Our Views

Last week, the Globe & Mail published an enlightening yet cautionary piece by Gail Johnson on the importance of planning for health care in your later years, financially and logistically. Newport’s Chief Wealth Management Officer, David Lloyd, was interviewed for the article as the topic is ... Keep Reading "Do you have a financial plan to fund your elder care needs?" >

In a blog post last summer, we reminded our readers about the tax savings opportunities of prescribed rate loans. At the time, we cautioned that interest rate increases were on the horizon and would reduce the amount of the annual savings available to a high-income household. Based upon the ... Keep Reading "Interest on prescribed rate loans set to rise April 1" >

We live in amazing times with so many things easily accessible and available almost instantaneously. Don’t feel like cooking? Dinner can be delivered to your doorstep within minutes using one of the many food delivery apps. Have a cheque to cash? Snap a picture and consider it done. While there ... Keep Reading "Protecting a most valuable asset: your identity." >

Did you make any financial resolutions for 2018? Below we have created a month-by-month financial planning checklist to help you organize and optimize your affairs. Some tasks are deadline driven – like tax filings, RRSP contributions, etc. Others fall under the category of ‘important but not ... Keep Reading "Your Personal Finance Checklist for 2018" >

As a new parent myself, I know that raising a family is costly. Even more so for families who pay for their children (or grandchildren) to attend private school. For example, at a private school in my Toronto neighbourhood, tuition is roughly $21,000 annually, per child, for grades 1-8, and ... Keep Reading "How to save $15,000 a year on private school tuition" >

The federal government announced last week that it will table its budget on March 22nd – putting an end to the guessing game. Speculation remains rampant about possible changes to capital gains taxation. Rumours are circulating that the federal government may increase the capital gains ... Keep Reading "Possible changes to capital gains taxation" >

It’s a real-life Hollywood success story.  Snap, the L.A.-based parent company of the popular Snapchat app, is going public with an IPO set for later this week. With the company’s value estimated at around $20 billion, many employees will become  millionaires — its founders ... Keep Reading "Financial advice for the ‘Snapchat millionaires’" >

To help you plan for 2016, we offer this month-by-month guide to organizing and optimizing your financial affairs. Keep Reading "Financial planning checklist – 2016" >

A freak mid-November snow storm didn’t stop some twenty-five young adults from participating in Newport Private Wealth’s popular educational and networking forum, NextWave. Keep Reading "Millennials and money: are they ready for the responsibility of wealth?" >

  There comes a point when adult children should be asking certain questions of their parents to ensure that their financial affairs are in order. As parents age, achieving financial independence for retirement is a primary objective and effective planning should start well ahead of time. ... Keep Reading "How to talk to aging parents about their financial affairs" >