The Wealth Exchange: Recent Episodes
Nicola Wealth
The Wealth Exchange provides access to the experts on the issues that are important to affluent families and business leaders across Canada. Providing in-depth conversations on a wide range of topics, the podcast has featured change makers, business leaders, subject matter experts and humanitarians from around the globe.
When it comes to the future of wealth, one of the most significant financial shifts of our time is already underway.
In this episode of The Wealth Exchange, Chris Warner, Wealth Advisor and Practice Management Lead | Client Relationship Manager, sits down with Cassandra Cross, Wealth Advisor | Client Relationship Manager, to explore how women are increasingly shaping the future of wealth - and what it means for individuals, families and future generations.
Drawing on insights from Cassandra's recent article, Women Are About to Control More Wealth Than Ever Before, But Many Still Don't Feel Financially Confident, they discuss the forces driving this historic shift, how many women are building wealth in different ways, and why financial confidence has less to do with knowledge than may people think.
You'll hear:
- Why women are expected to inherit nearly 70% of the largest wealth transfer in history
- The key trends driving women's growing influence over wealth & financial decision making
- Why confidence - not capability - is often the biggest barrier to financial engagement
- The hidden cost of delaying important financial decisions
- How thoughtful financial planning can help navigate major life transitions with greater clarity and purpose
- Why wealth planning is about more than growing assets - it's about creating flexibility, choice, and a lasting legacy
As women continue to shape the future of wealth, this conversation explores what this historic shift means for individuals, families, and the next generation of financial decision-makers.
When it comes to private equity, how you invest can be just as important as what you invest in.
In this episode of The Wealth Exchange, Robert Olsen, Head of Private Capital, sits down with Kazuki Nadomi, Portfolio Manager | Private Equity and Venture Capital, and Sunny Lee, Senior Director | Private Equity, to explore a key question facing investors today: Are traditional private equity structures still the best fit for individual investors?
Drawing on insights from their recent article, "The Evergreen Revolution: Rethinking How Private Equity Fits Within a Portfolio", they examine how private equity has traditionally been accessed, why the investor experience can differ significantly from headline return figures, and how newer evergreen structures are reshaping access to the asset class.
You'll hear:
- Why private equity structure can matter as much as manager selection
- The differences between traditional closed-end funds and evergreen private equity vehicles
- How evergreen private equity structures differ from traditional fund models
- Why headline IRRs don't always reflect the full investor experience
- What investors should evaluate when considering private capital opportunities
As private equity becomes more accessible to individual investors, this conversation explores why understanding structure, liquidity, and portfolio fit is essential when evaluating private capital opportunities.
Markets proved more resilient this quarter, despite ongoing inflation concerns, geopolitical tensions, and elevated interest rates.
In this episode of The Wealth Exchange, Ben Jang, Portfolio Manager | Head of Fixed Income joins Jasmine Marichic, Wealth Advisor | Client Relationship Manager, to explore what drove the market rebound, where risks remain, and why diversification continues to matter in an environment where traditional portfolio relationships are changing.
From AI-driven market leadership and reopened IPO markets to Canadian opportunities, fixed income, and portfolio construction, Ben shares practical insights for long-term investors navigating uncertainty.
You'll hear:
- Why markets remained resilient despite ongoing economic and geopolitical headwinds
- How equities, fixed income, and real assets performed through the second quarter
- What higher interest rates mean for diversification and income
- How to think about geopolitical risk without reacting to every headline
- Why maintaining a balanced, diversified portfolio remains critical in today's market
As the year unfolds, this conversation offers timely perspectives on navigating uncertainty, managing risk, and staying focused on long-term investment goals.
Many investors believe they're diversified, but beneath the surface, today's market is increasingly driven by a small number of companies.
In this episode of The Wealth Exchange, Ben Jang, Portfolio Manager & Head of Fixed Income, joins Sean Oye, Head of Public Assets, to examine how the rapid rise of AI is reshaping today's markets, concentrating performance among a small group of companies and prompting investors to rethink what true diversification looks like.
You'll hear:
- Why owning an index fund doesn't always mean you're truly diversified
- How AI is influencing companies across many industries, not just technology
- Why the price you pay matters just as much as the quality of the company you're buying
- Practical ways to build a more resilient portfolio, from looking beyond the biggest market leaders to investing in high-quality businesses with different drivers of growth
- Why staying diversified doesn't mean avoiding AI, it means understanding where your risks are and balancing them thoughtfully
If you're wondering whether your portfolio is more concentrated than you realize, this conversation offers practical insights on staying invested, managing risk, and building resilience in an increasingly AI-driven market.
Canada has all of the ingredients for growth: talent, capital, resources, and innovation. So why has Canadian productivity lagged behind many of its global peers for decades?
In this episode of The Wealth Exchange, Ben Jang sits down with Pedro Antunes, Chief Economist at Signal 49 Research, to explore the forces sharping Canada's economic future. They examine the opportunities and challenges facing the Canadian economy. The conversation spans productivity growth, business investment, and AI adoption, along with interprovincial trade barriers, energy infrastructure, and economic competitiveness.
You'll hear:
- Why productivity is the foundation of long-term economic prosperity
- What's driving Canada's productivity gap
- How AI and technology adoption could transform growth
- The economic impact of interprovincial trade barriers
- Why energy, infrastructure, and investment matter for competitiveness
- What Canada must do to strengthen productivity over the next decade
Whether you're an investor, business owner, or simply following the policy and macro picture, this conversation offers valuable insights into the trends shaping Canada's economy, productivity, competitiveness, and long-term growth outlook.
Insurance is often viewed as a product. But when does it become a strategic planning tool?
Host James Atherton, Managing Director | Private Wealth, sits down with Samantha Findlay, Managing Director | Insurance at Nicola Wealth, to explore insurance not as a product, but as a tool for providing flexibility when it matters most.
Together, they unpack how to evaluate term versus permanent coverage, when insurance truly adds value to a financial plan, and the key questions to ask, especially for business owners navigating succession and continuity planning.
You'll hear: • The difference between term and permanent insurance • How insurance can provide the flexibility to simplify your estate • Real-life examples, from family cottages to business succession • How insurance can help preserve family harmony and avoid forced asset sales • The key questions to ask before accepting any recommendation
If you've ever wondered whether insurance is essential or simply overcomplicating your plan, this episode will help you cut through the noise and see when it genuinely adds value.
One in four Canadians experience food insecurity, and in Vancouver, 30% of food bank clients are employed full-time.
In this episode, John Nicola sits down with David Long, CEO of the Greater Vancouver Food Bank to explore how the GVFB has transformed itself from a traditional food bank into a modern distribution model focused on fresh food, operational discipline, and long-term impact.
You'll hear: • Why Canada has enough food, yet millions still face food insecurity • How the Greater Vancouver Food Bank increased fresh food distribution from 20% to 80% • Why David Long believes food insecurity is a solvable problem • How an entrepreneurial mindset is helping reshape the response • The connection between nutrition, health outcomes, and community well-being • How surplus food can be preserved, processed, and redistributed at scale • How food inflation and an aging population are reshaping demand • The partnerships and infrastructure needed to build the food bank of the future This episode explores how innovative thinking, operational excellence, and strategic partnerships can help address one of Canada's most pressing social challenges.
Donate: https://foodbank.bc.ca/
Volunteer: https://foodbank.bc.ca/volunteer/
Watch the full video episode: https://www.youtube.com/watch?v=L0IaGfcOSQY
Impressive credentials, a polished presentation and strong market opinions can be convincing - but they don't always add up to good financial advice. So how can investors tell the difference?
Host James Atherton sits down with Chris Warner, Wealth Advisor | Client Relationship Manager at Nicola Wealth, for a candid conversation about what quality financial planning actually looks like, why bad advice can be surprisingly persuasive, and how investors can better evaluate the guidance they receive.
You'll hear: • Why good financial advice is about decision-making over time, not just investment performance • How taxes, risk management, and real-world implementation shape long-term outcomes • The red flags that may signal product-driven or mis-aligned advice • Why confidence and sophistication don't always signal proficiency • How strong advisors help clients avoid costly mistakes and stay accountable • A practical framework investors can use to evaluate their own advisor relationship
Whether you already work with an advisor or are considering one, this episode offers a clearer lens into what real financial planning should deliver, and why the quality of advice matters more than ever.
Markets are finding stability, but the risks driving them are quietly shifting. Beneath the calm, questions around valuations, concentration, geopolitics, and diversification are becoming harder to ignore.
Join host Jasmine Marichic and Ben Jang, Portfolio Manager | Investment Strategist at Nicola Wealth, as they unpack Q1 2026.
You'll hear: • What "normalization" really means in today's market environment • Why strong recent returns may lead to a more muted outlook ahead • How concentration risk and the AI narrative are beginning to shift • Why fixed income may not provide the same diversification as in the past • Where opportunities are emerging beyond traditional public markets • How global market leadership is evolving beyond the U.S.
Major life events like divorce, inheritance, or changing family dynamics can feel deeply personal, but they often carry immediate legal and financial consequences. How can you make thoughtful decisions when emotions are high and the stakes are long-term?
Host Cassandra Cross sits down with Sierra Yanish, Family Lawyer, Mediator, and Arbitrator at BDL Family Law, to explore how personal transitions quickly become legal and financial turning points. Together, they unpack the assumptions, blind spots, and emotional pressures that can shape financial outcomes for years to come.
You'll hear: • Why personal milestones can trigger legal consequences sooner than expected • Common misconceptions about divorce, inheritances, and "separate" finances • How emotional decision-making can impact long-term financial security • The importance of cash flow, support structures, and holistic planning • Why slowing down and building the right advisory team can lead to better outcomes
If you're navigating a major life transition, or want to be better prepared for one, this episode offers practical, grounded insights to help you protect your financial future and move forward with clarity and confidence.
Markets can surge for years, but history shows momentum rarely lasts forever. How should investors respond?
Host William John sits down with John Nicola, Founder, Executive Chair, and Chief Investment Officer of Nicola Wealth, to explore mean reversion, the idea that over time highs come down and lows move up, and what it means for today's investors. Drawing on decades of experience across public equities, private capital, real estate, infrastructure, and fixed income, John explains why asset classes often drift back toward long-term averages and what typically follows strong market performance.
You'll hear: • Why markets can overshoot in both directions after big moves • How investor behavior can amplify market swings • How diversified portfolios and disciplined rebalancing help manage risk • Why patience, long-term thinking, and a balanced approach matter
If you want to understand market cycles and how portfolios are managed through ups and downs, this episode gives you a helpful perspective on why patience, diversification, and long-term thinking matter.
Watch the full presentation here: https://youtu.be/J7w8zkFzl38
Private credit is everywhere in the headlines, but are the risks as big as they seem?
Host Rob Olsen sits down with Jurgen Van Vuuren, Senior Director & Head, Private Debt, and Stacey Mouadeb, Senior Director, Private Debt to cut through the noise and unpack what's really happening in today's private credit market.
You'll hear:
- What's driving the growth of private credit
- Why recent negative headlines may be overstating the risks
- How defaults, recoveries, and diversification actually work
- Why manager selection and disciplined underwriting matter
- What today's market environment means for investors
If you're looking to better understand private credit and its role in a diversified portfolio, this episode offers a clear, practical perspective grounded in real-world experience.
Note for 3:54
Nicola Private Debt Fund (Net of Fees) CAD-hedged
- 1 year returns: 7.3%
- 3 year returns: 8.6%
- 5 year returns: 8.3%
- 10 year returns: N/A
- Since Inception return: 8.8%
- Since inception date: October 31st, 2017
S&P UBS Leveraged Loan Total Return Index
- 1 year returns: 5.9%
- 3 year returns: 9.3%
- 5 year returns: 6.4%
- 10 year returns: N/A
- Since Inception return: 5.4%
- Since inception date: October 31st, 2017
Bloomberg US Corporate High Yield Total Return Index
- 1 year returns: 8.6%
- 3 year returns: 10.1%
- 5 year returns: 4.5%
- 10 year returns: N/A
- Since Inception return: 5.0%
- Since inception date: October 31st, 2017
Interest rates are up and real estate values have shifted. So where are the opportunities now, and how does real estate debt fit into your portfolio?
Host Rob Olsen sits down with Mark Tiu, Director of Mortgage Investments at Nicola Wealth, and Sam Brown, President and Head of Commercial at CMLS Financial, one of Canada's largest commercial mortgage lenders, to share their front-line perspective on today's real estate market.
You'll hear: • How higher rates are changing borrower behavior • Where lenders are finding opportunities and where they're cautious • How commercial mortgages can provide steady income and stability • How technology and AI are shaping lending decisions • Why experience, discipline, and diversification matter more than ever
In today's higher-rate, more complex market environment, this episode offers practical insight from professionals working closely with Canada's commercial mortgage industry.
Excellence is rarely defined by a single moment. More often, it is built quietly over years through discipline, preparation, and the support of a trusted team.
In this episode of The Wealth Exchange, Nicola Wealth's Institutional President David Sung sits down with Olympic medalist and three-time world figure skating champion Patrick Chan, for a live fireside conversation recorded at the Arbutus Club in Vancouver.
Patrick reflects on the mindset behind elite performance, from the early years of training and the lessons learned through setbacks, to the routines and preparation that help athletes perform under extraordinary pressure. He also shares his personal experience navigating the transition from competitive sport to a new professional chapter as a wealth planning associate at Nicola Wealth.
The conversation explores the parallels between high-performance sport and long-term success in other areas of life, including the value of patience, resilience, and maintaining a long-term perspective. Patrick also discusses the importance of mentorship, teamwork, and embracing new identities beyond the arena of competition.
For listeners interested in the habits and perspectives that support sustained excellence in sport, career, and life, this episode offers a thoughtful reflection on the journey behind the scenes.
In private equity, fund timelines have traditionally shaped when investors exit an investment. Today, the secondaries market is creating new ways to provide liquidity while allowing strong assets to be held for longer.
In this episode of The Wealth Exchange, Rob Olsen speaks with Sunny Lee about the evolution of private equity secondaries, with a focus on General Partner-led transactions. They discuss what is driving growth in the market, how continuation vehicles work, and how Nicola Wealth evaluates secondaries opportunities across managers, sectors, and vintages.
Real estate remains front-page news; from trade tensions and a soft condo market to the implications of BC's Cowichan land claim ruling.
In this follow-up episode, Rob Olsen, Head of Nicola Wealth Private Capital, reconnects with Mark Hannah, Executive Managing Director, Real Estate, to revisit their earlier conversation on valuation pressure and liquidity challenges, exploring what has shifted since then and what investors can expect in 2026.
Mark shares updates on portfolio performance across Canada and the U.S., the state of redemptions, recent asset sales, and early signs of renewed momentum in leasing, transaction activity, and buyer demand, plus how improving risk premiums, geopolitical uncertainty, and evolving trade dynamics are influencing today's opportunity set.
For investors navigating mixed headlines and evolving market signals, this episode provides a clear, measured perspective on where real estate stands today, and how discipline and long-term thinking may position portfolios for the next phase of the cycle.
Leadership transitions are defining moments for any organization. When done well, they preserve what made a firm successful while creating space for the next generation to lead.
In this episode, host Natalie Michael, Managing Partner of CEO Next Chapter, speaks with John Nicola, Founder and Chief Investment Officer of Nicola Wealth, and Chris Nicola, the firm's newly appointed CEO. Together, they reflect on the journey that led to the leadership transition and the careful planning that supported it, including the role of independent governance, succession planning, and the board led process used to select the next leader.
The conversation explores what it means to step into leadership within a complex and rapidly growing organization. John and Chris discuss the realities of CEO succession, the importance of communication across a growing firm, and how leadership, technology, and critical thinking will shape the company's next chapter.
For founders, business owners, and leaders thinking about succession, this episode offers a candid look at how thoughtful planning and strong governance can help ensure a successful leadership transition.
In this episode, Ron Haik, Wealth Advisor | Client Relationship Manager at Nicola Wealth, is joined by Karisa Schaitel, Wealth Advisor | Client Relationship Manager and CPA, for a practical discussion on tax planning, estate considerations, and long-term wealth strategy for physicians and dentists.
Drawing on their experience advising owner-managed professional corporations across Canada, they explore how financial decisions evolve over the life of a practice, and why proactive, coordinated planning matters.
The conversation covers common planning gaps, the risks of siloed advice, cash flow management for growing practices, and the unique considerations around practice ownership, regulatory environments, and exit strategies. They also discuss how early planning can expand options later, from leveraging small business tax advantages to preparing for a tax-efficient sale and retirement transition.
For medical and dental professionals seeking clarity on how to align their corporate structure, personal goals, and long-term wealth plan, this episode offers a grounded, holistic perspective on building flexibility and protecting it at every stage of the journey.
Artificial intelligence sits at the center of today's market narrative, surrounded by extraordinary investment, ambitious projections, and no shortage of bold claims. Yet as capital pours into infrastructure, chips, and data centers, investors are increasingly asking a more difficult question: what does realistic, long-term value creation from AI actually look like?
In this episode, host Chris Nicola, CEO of Nicola Wealth, sits down with Eugene Wong, Associate Portfolio Manager | Public Assets, to unpack what's really happening inside the AI super cycle. Drawing on Eugene's research paper "The AI Gold Rush" and his background in technology, the conversation explores the scale of AI infrastructure spending, the gap between investment and earnings, and why productivity gains have so far fallen short of the most optimistic forecasts.
For investors looking to move beyond headlines and understand how AI fits into a disciplined, long-term investment framework, this episode offers a thoughtful, grounded perspective on where we may be in the cycle, and how patience, selectivity, and realism matter most as the story continues to unfold.
Most investing mistakes do not happen in moments of panic. They often happen when confidence is high, markets feel calm, and success starts to feel familiar.
In this episode of The Wealth Exchange, James Atherton, Vice President, Private Wealth | Client Relationship Manager and Chris Warner, Wealth Advisor | Client Relationship Manager examine five common errors seasoned investors can make, and share practical frameworks for staying disciplined, aligned, and prepared through every phase of the cycle.
Through real client experiences and practical insight, the conversation explores how discipline can drift, risk can quietly increase, and well-intentioned decisions around taxes, liquidity, and portfolio structure can have unintended consequences. The discussion challenges common assumptions about experience and safety, and highlights why strong markets can be just as dangerous as volatile ones.
For investors who want to protect what they have built and sharpen their decision-making before mistakes become potentially expensive, this episode offers perspective, clarity, and a timely reminder that lasting success is rarely accidental.
Infrastructure continues to play a distinct role in portfolios, particularly during periods of economic and market change.
In this episode of The Wealth Exchange, host Jasmine Marichic, Wealth Advisor | Client Relationship Manager at Nicola Wealth, speaks with Ashley Ng, Senior Director and Head of Infrastructure Investments, and Sebastian Nicholson, Principal, Infrastructure Investments, about infrastructure.
Drawing on real-world examples, from power grids and data centres to energy transition assets, the conversation explores how infrastructure generates cash flows, responds to inflation, and behaves in shifting interest rate environments. Ashley and Sebastian also discuss current areas of focus, including digital infrastructure supporting AI, energy security, and the role of private capital in upgrading essential infrastructure.
This episode offers a clear, practical discussion for investors looking to better understand how infrastructure may fit within a diversified portfolio.
Legacy is often treated as an end-of-life conversation, but what if it is actually a daily practice?
In this episode of The Wealth Exchange, host Cassandra Cross is joined by Teresa Virani, Executive Director of Philanthropy at Nicola Wealth, to explore how legacy is shifting from an end-of-life concept to a lived and intentional practice.
Drawing on her work with families across Canada, Teresa shares how wealth becomes most meaningful when it is directed with purpose rather than simply accumulated. The conversation examines how philanthropy can strengthen family connections, prepare the next generation for stewardship, and bring clarity to wealth transfer conversations that often feel complex or emotional.
Together, Cassandra and Teresa discuss how women are redefining wealth through confidence, collaboration, and long-term thinking. They explore everything from involving children earlier in financial conversations to using strategic giving tools that align generosity with values and long-term planning.
For women and families looking to approach wealth with greater intention, this episode offers a thoughtful perspective on how legacy is built in real time through the choices we make, the conversations we have, and the values we choose to live by.
Infrastructure underpins everything from energy to transport... but how do the world's largest investors decide where to place billions in long-term capital?
In this episode of The Wealth Exchange, host Robert Olsen is joined by Thomas Vieillescazes, Partner and Head of CVC DIF France, the infrastructure arm of global investment firm CVC. Alongside co-host Sebastian Nicholson, they explore how global infrastructure investing requires local teams with boots on the ground. From public-private partnerships to renewable energy, Thomas shares what it takes to manage major infrastructure assets, navigate complex regulations, and uncover opportunity in changing markets.
With over €19 billion in assets under management, CVC DIF offers a rare, behind-the-scenes look at how large-scale infrastructure deals really come together.
In this quarterly edition of The Wealth Exchange, Nicola Wealth Portfolio Manager and Investment Strategist Ben Jang joins host Jasmine Marichic to unpack what powered market resilience this year, and what it means for investors heading into 2026.
Ben breaks down how rate cuts without recession, durable earnings, and an AI-driven capital spending cycle supported equities, while late-year rotation signaled a shift beyond crowded growth trades. He explores how AI is evolving from hype to payoff, why energy has split into two distinct paths, and how tariffs and political change shaped inflation and bond markets.
Looking ahead to 2026, the conversation focuses on portfolio positioning in an expensive market - why diversification matters more than ever, how bonds and currencies are behaving differently, and where opportunities may emerge after a strong run.
With new tax credits, compliance updates, and evolving regulations, Canada's tax landscape can be challenging to navigate. In this episode of The Wealth Exchange, Ethan Astaneh, Wealth Advisor | Client Relationship Manager at Nicola Wealth, sits down with Matt Baker of Baker Tilly, one of Canada's largest independent accounting and business advisory firms, to break down what these recent changes mean for planning, investment, and compliance.
Drawing on his extensive experience guiding clients through tax planning, compliance, and investment strategies, Matt explores both the enhancements designed to encourage investment, such as expanded SR&ED credits, flow-through share incentives, accelerated capital deductions, and the potential pitfalls that business owners need to watch for, from AMT considerations to emerging CRA review priorities.
For business owners and investors seeking clarity, this episode offers a practical, expert-led perspective on navigating Canada's evolving tax landscape, highlighting the areas of opportunity, the areas of risk, and what thoughtful planning can achieve.
For details on Baker Tilly's advisory services, or to connect with Matt Baker, visit https://www.bakertilly.com/
As 2025 comes to an end, many investors are weighing what the close of the year means for their financial picture and what steps are worth taking before the calendar turns. Understanding what matters most at year-end can help ensure your financial picture stays on track heading into 2026.
In this episode of The Wealth Exchange, host James Atherton, Vice President of Private Wealth | Client Relationship Manager, sits down with Chris Warner, Wealth Advisor | Client Relationship Manager in our Victoria office, to break down the seven key planning items worth reviewing before year-end. Together they walk through practical considerations around tax-loss selling, charitable giving strategies, RIF and RRSP deadlines, maximizing TFSA room, how to use the FHSA effectively, and what parents should know about RESP contributions and available grants.
James and Chris take a clear, conversational look at each topic, highlighting what's changed this year, what commonly gets missed, and how thoughtful preparation now can help you enter the new year with confidence, without any last-minute financial surprises.
Real estate headlines have been dominated by uncertainty, from higher interest rates to shifting valuations and tightened liquidity. But for investors, the real question is what all of this means for the next phase of the cycle. In this episode, host Rob Olsen, Head of Nicola Wealth Private Capital, speaks with Mark Hannah, Head of Real Estate at Nicola Wealth, about the current state of the real estate market.
With more than 40 years of experience navigating rising rates, recessions, and recoveries, Mark shares a long-term perspective on how real estate cycles typically unfold and what indicators he's watching closely today. The conversation covers the areas shaping investor outcomes right now, including the state of debt markets, the impact of valuations, how liquidity is evolving, and why redemption activity has increased across the industry.
For investors looking to understand where real estate may be heading next, this episode offers a clear, grounded view of a sector in transition and what patience and preparedness can mean over the long term.
In this episode of The Wealth Exchange, Rob Olsen, Head of Private Capital, is joined by Stacey Mouadeb, Director in Nicola Wealth's private debt platform, for a conversation with Rick Jain, Partner and Global Head of Private Credit at Pantheon.
Together, they break down credit secondaries: what they are, how they work, and why more institutions are using them to create liquidity, rebalance portfolios, and manage risk. Rick explains how buying existing portfolios of loans at a discount can help investors seek income, diversification, and potential upside, while still putting capital protection first – a key difference from traditional private equity secondaries.
The discussion also follows Rick's path from growing up in Toronto to building a global private credit platform in New York, and explores how Pantheon and Nicola Wealth think about quality, scale, and downside protection in today's environment.
Whether you're already invested in private credit or simply curious about how this part of the market works, this episode offers a clear, practical introduction to an area that is becoming increasingly important for investors.
In this episode of The Wealth Exchange, host Tim Stranks, Wealth Advisor and Director of the Nicola Wealth Private Giving Foundation, sits down with Dr. Chris and Leslie Reilly to talk about the purpose and impact behind their lifetime of philanthropy.
As longtime Nicola Wealth clients and dedicated supporters of BC Children's Hospital, the Reillys share how their personal experiences, professional lives, and family values shaped their commitment to giving.
Chris reflects on his career at BC Children's as a current surgeon and former Head of Orthopedic Surgery, the mentors who guided him, and the transformational role donor support plays in equipment, research, and global medical training. Leslie offers her perspective from both social work and community involvement, highlighting how meaningful giving extends far beyond financial contributions.
Together, they discuss how planned philanthropy helped them become more intentional with their support, how donor-funded advancements have changed children's lives, and why giving has become a central part of their family's legacy. Their story illustrates how thoughtful philanthropy can drive measurable results.
In this episode, hosts Cassandra Cross, Wealth Advisor | Client Relationship Manager, and Selena Woo, Vice President, Private Wealth – Associates, explore what it truly means to invest in yourself, personally, professionally, and financially.
Drawing from their own experiences, Cassandra and Selena share how self-belief, strategic choices, and intentional self-care can create lasting returns that extend beyond financial success. From Selena's philosophy of "decades of compounding confidence" to Cassandra's lessons on balance after burnout, they offer practical insights on how women can redefine wealth, success, and legacy on their own terms.
Recognizing yourself as your greatest asset can change everything. Every decision to invest in your growth, whether paying down debt, pursuing new opportunities, or prioritizing well-being, builds confidence, resilience, and long-term impact.
What does it take to build lasting value in a world where markets and technology are evolving faster than ever? In this episode of The Wealth Exchange, host Rob Olsen, Head of Nicola Wealth Private Capital, and co-host Kent Sio, Principal, Private Equity and Venture Capital, sit down with Perry Miele, Managing Partner at Beringer Capital, for a dynamic conversation on the future of private capital.
From navigating NAFTA negotiations to leading global businesses, Perry shares thoughtful lessons on leadership, digital transformation, and the growing influence of AI in modern investing. He also discusses the importance of staying disciplined in a shifting market and why optimism and long-term thinking remain essential to success in private equity.
Behind every career move, family milestone, and household decision lies a financial story that rarely gets told. In this episode, Cassandra Cross, Wealth Advisor and Client Relationship Manager at Nicola Wealth, sits down with estate lawyer Christianne Murphy to explore the often-overlooked "invisible load" women carry, especially during major life transitions like marriage, motherhood, caregiving, or career changes.
Together, they unpack the emotional and financial weight of this hidden labour, share personal stories, and offer actionable strategies to help women protect their financial identity, plan with confidence, and create space for their own goals.
What makes a legacy last? In this special conversation, Isadore "Issy" Sharp, founder of the Four Seasons Hotels and Resorts, joins John Nicola, founder and CEO of Nicola Wealth, to reflect on the principles that built two enduring organizations.
Moderated by Ori Mandowsky with opening remarks from Chris Nicola, the discussion explores how values like service, culture, and generosity can shape success far beyond the balance sheet. Together, they discuss the Golden Rule that defined Four Seasons, the "Share the Pie" philosophy behind Nicola Wealth, and how both founders approach succession, leadership, and philanthropy with intention.
A resilient market masked a quarter defined by policy tension, valuation concerns, and inflation uncertainty.
In this quarterly edition of The Wealth Exchange, Nicola Wealth Portfolio Manager and Investment Strategist Ben Jang joins host Jasmine Marichic to unpack a quarter marked by rising equity markets and rising risks.
From the evolving US–Canada tariff dispute and its implications for key industries, to concentrated market leadership, high valuations, sticky inflation, and bond volatility, Ben explores the complex macro environment investors face today.
He also explains why diversification, real assets, and illiquidity premiums can play a vital role in helping build more resilient portfolios.
In this weeks episode, Ethan Astaneh, Client Relationship Manager at Nicola Wealth, explains how IPPs work for incorporated professionals, business owners, and executives - offering tax deferral, income splitting, and estate planning benefits that can help families manage wealth more efficiently.
Discover real world examples, eligibility criteria, and why successful professionals are incorporating IPPs as a complement to traditional RRSPs. If you're earning high T4 income or planning to sell your business, this retirement strategy could enhance your long-term retirement and estate planning.
Music has the power to transform lives, and few understand this better than Sarah McLachlan. In this episode, host John Nicola, CEO, CIO and Chairman at Nicola Wealth, sits down with the Grammy-winning artist and philanthropist to explore her remarkable journey from a 19-year-old with a record deal to the founder of a groundbreaking music education program.
Together, they trace McLachlan's path from Halifax to Vancouver, her early experiences with World Vision that sparked a lifelong commitment to giving back, and the creation of Sarah McLachlan School of Music 24 years ago. The conversation dives deep into the school's barrier-free model, serving 1,200 students across Vancouver, New Westminster, and Edmonton with completely free programming, and the extraordinary results - including a 99% high school graduation rate among participants.
McLachlan shares insights from her annual "Barefoot in the Backyard" fundraiser, the challenges of scaling a nonprofit organization, and her vision for sustainable philanthropy. The discussion also explores broader themes around community impact, the infinite game of giving back, and how access to music education can provide vulnerable youth with mentorship, connection, and a safe space to discover their authentic selves.
Learn more about the Sarah McLachlan School of Music
Even the most disciplined investors can be influenced by emotions and biases. In this episode, Benjamin Jang, Investment Strategist at Nicola Wealth, introduces John Nicola, Chairman, CEO & CIO, who explores the field of behavioural finance. John examines the psychological traps that can influence even the most experienced investors, from loss aversion and overconfidence to anchoring and confirmation bias, and how these behaviours can affect long-term returns.
Drawing on historical examples and modern research, John highlights practical ways investors can counteract bias through systematic rebalancing, disciplined asset allocation, and diversification.
Canada’s housing market is at a crossroads, driven by record immigration, shifting interest rates, and mounting construction challenges. In this episode, host Ethan Astaneh, Wealth Advisor | Client Relationship Manager, sits down with Dan Wurtele and Ryan Dash of The Vancouver Life Real Estate Group for a data-driven look at the state of Canadian real estate.
Together, they unpack the demand story behind immigration, what interest rates and cap rates are signalling, and why investor sentiment remains cautious. The conversation also dives into stalled development projects, the rise of purpose-built rentals, and new opportunities emerging in multiplex housing, shedding light on what these shifts mean for homeowners, investors, and the next generation of buyers.
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In this episode, Vanessa Flockton, President of Private Wealth at Nicola Wealth, addresses the questions on every investor’s mind: How do you plan and invest when the world feels anything but stable? From rising geopolitical tensions and tariff wars to market volatility and inflation concerns, Vanessa shares a grounded approach to navigating uncertainty through disciplined financial planning.
With a sample case study of long-time clients, Vanessa illustrates how Nicola Wealth’s disciplined approach, grounded in personalized planning, diversified asset allocation, and a focus on cash-flow-generating investments, can help families stay on track, even in uncertain times.
What does it take to build a lasting career in private capital? In this episode, Nicola Wealth’s Rob Olsen sits down with Mike Mazan, longtime private equity leader, board member, and co-founder of KingsPeak Partners, to explore the evolution of Canada’s private capital landscape over the past two decades. From early lessons at McKinsey and Rogers to landmark investments at Birch Hill Equity Partners, including early backing of Constellation Software, Mike reflects on the wins, the pivots, and the leadership values that shape successful long-term investing. He shares his transition to family office investing, his motivations for co-founding Kingspeak, and how he and his partners are deploying their own capital with an indefinite time horizon.
Markets may be rising, but risks are too. In this quarterly edition of The Wealth Exchange, Nicola Wealth Portfolio Manager and Investment Strategist Ben Jang joins host Jasmine Maricic to unpack the sharp contrasts of the second quarter of 2025 — from tariff shocks and interest rate uncertainty to surprising equity rebounds.
Together, they explore where Nicola Wealth sees opportunity in today’s complex environment, including fixed income, public equities, and secondary private markets. They also touch on reporting transparency, the importance of rebalancing, and strategies to help investors avoid emotional decision-making.
Mark Therriault, Vice President of Business Succession and Estate Planning, sits down with Mike and Karen Heppell, founders of Longboard Architectural Products. From betting the farm on a manufacturing startup to creating one of Abbotsford’s most admired workplace cultures, the Heppells share their journey of grit, vision, and leading with purpose.
They share how they built a thriving business grounded in people-first values, operational excellence, and community impact, and why generosity is now embedded in their culture, from philanthropy to employee engagement.
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Recorded live on June 3 in Victoria, Nicola Wealth Advisor | Client Relationship Manager, Chris Warner, hosts a timely discussion on the forces shaping today’s investment environment.
- Ben Jang, Portfolio Manager, Investment Strategist, opens with a compelling analysis of the four key indicators that have preceded every bear market over the past 200 years, and why all four are now in play.
- Shaun Blythen, Vice President, Real Estate Investments & Portfolio Strategy, provides an update on Nicola Real Estate’s development activity in Victoria and discusses the long-term role of real estate in diversified portfolios.
- Ashley Ng, Senior Director, Head of Infrastructure Investments, closes the conversation with a look at the role of infrastructure within private capital and how the asset class has historically demonstrated resilience through various market conditions.
Together, these insights highlight how a thoughtful, multi-asset approach can help investors remain resilient and well-positioned, even as conditions shift.
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13:42 - 13:47 - 8.1% annualized return for Nicola Core Portfolio Fund. Ranking by 10-year Return as of Dec 31, 2024. Compared against AIMCO, BCi, CDPQ, CPP, HOOPP, OMERS, OTPP, PSP. PSP and BCi as of March 2024.
14:47 - 14:58 - Total Portfolio Returns (Dec 1986 - June 2024, Equal Weighted %). Outperformance in reference to TSX Composite.
14:58 - 15:08 - Annualized Volatility (Dec 1986 - June 2024). Outperformance in reference to TSX Composite.
17:27 - 17:34 - Nicola Canadian Real Estate Limited Partnership; inception date: Dec 2005. Since inception return of 8.9%
17:35 - 17:49 - Nicola U.S. Real Estate Limited Partnership; inception date: June 2010. Since inception return of 9.9%
17:50 - 18:01 - Nicola Value Add Real Estate Limited Partnership; inception date: Nov 2014. Since inception return of 11.9%
In this episode, Rob Olsen, Head of Private Capital at Nicola Wealth, and Jason Luo, Senior Director of Venture Capital, speak with Han Kim, Co-Founder and Managing Partner at Altos Ventures, a global venture capital firm known for backing breakout companies like Roblox, Coupang, and Woowa Brothers.
Han walks through Altos’ early challenges, from launching a fund just before the Asian financial crisis to navigating the dot-com bubble, and explains how those experiences shaped a long-term, founder-first approach to venture investing. The conversation explores what it means to invest with conviction, why the best opportunities often require patience, and how staying close to founders can lead to rare, compounding outcomes.
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Recorded live on May 29 at the Nicola Wealth Vancouver Strategic Insights event, this episode features Chairman, CEO, and CIO John Nicola in conversation with the firm’s senior investment leaders. Together, they explore how the team is approaching today’s market environment and identifying opportunities across real estate, private capital, and public assets.
Featuring:
- Alex Messina, Managing Director, Nicola Real Estate
- Robert Olsen, Head of Private Capital
- Ben Jang, Portfolio Manager, Investment Strategist
- William John, Co-Head, Public Assets – Fixed Income
This episode shares our perspectives on portfolio construction and the role of different asset classes in a diversified strategy.
In this special episode recorded live at the Canada Private Markets Meeting in Toronto, Nicola Wealth’s Founder, Chairman, CEO and CIO, John Nicola joins Michael Kaumeyer, Vice Chair, Nicola Family, for an insightful conversation on leadership, legacy, and navigating uncertainty.
John reflects on the unexpected path that led him into financial services and the deliberate decisions that shaped Nicola Wealth’s unique model, one built on integrated planning, long-term thinking, and shared ownership. From early lessons in sales to building a multi-generational firm, John shares what he’s learned about scaling with purpose and preparing for succession.
The discussion also explores today’s shifting economic and geopolitical landscape, with John offering a candid perspective on risk, cash flow, and how thoughtful portfolio construction can offer stability in volatile times.
In this episode of In the Ring with Rob, host Rob Olsen is joined by Nicola Wealth’s Matt Choi and guest Rahman Vahabzadeh, Managing Director at Audax Private Debt, one of the most established firms in the space with over $24 billion in assets under management.
Together, they explore how private debt has evolved into a key component of today’s investment portfolios, why it’s gaining traction with both institutional and individual investors, and how firms like Audax are navigating an increasingly complex and competitive market. From the rise of unitranche financing to what makes a deal resilient in uncertain times, this episode offers a clear, inside look at how private lenders approach risk, return, and long-term opportunity in the U.S. middle market.
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In this timely episode, Gary Mar, President and CEO of the Canada West Foundation and former Alberta Cabinet Minister, joins Ben Jang, Portfolio Manager and Investment Strategist at Nicola Wealth, to discuss the recent Canadian federal election and what the results could mean for the economy, energy, and national unity.
The conversation explores the potential for cross-party cooperation, the evolving relationship with the United States, and how Canada can strengthen its position through productivity, infrastructure, and Arctic strategy. Together, they offer a thoughtful and wide-ranging discussion on the decisions that could shape Canada’s economic future.
What does it take to build a firm that lasts—and a culture that grows with it? In this episode, recorded live at the 2025 Private Wealth Canada West Forum, Nicola Wealth Chairman and CEO John Nicola joins board member and Rethink Founder Tom Shepansky for a thoughtful conversation on leadership, growth, and the value of sharing success.
From the early influences that shaped his thinking to Nicola Wealth’s “Share the Pie” philosophy, John offers insights on building a resilient business, investing in people, and staying focused on the long game. For entrepreneurs, executives, and investors alike, it’s a valuable perspective on what sustainable success really looks like.
2:04 - The importance of a strong network
7:03 - Authors of significance
8:51 - Where Share the Pie originated
14:00 - Growing your company, by sharing it
18:24 - How to play the long game
22:47 - The importance of giving back to your community
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Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Maricic to discuss key developments from the first quarter of 2025 and the potential implications for the global economy.
They review market reactions to U.S. tariffs and their broader impact on trade dynamics, including Canada’s positioning in a shifting global landscape. Ben also shares perspectives on Canadian and U.S. equity valuations, diverging labour market trends, and the return of terms like “stagflation” to economic discourse.
The conversation touches on European equity performance, inflation and interest rate expectations, and the evolving role of fiscal and monetary policy. Ben also outlines how Nicola Wealth’s multi-asset portfolios are managed to stay diversified and respond to changing conditions across public and private markets.
Highlights
1:02 - How much has Trump shaken up the Global Economic landscape with the recent tariff threats?
6:35 - European Union x Canadian Trade
11:04 - U.S Exceptionalism
12:51 - Trade tensions and how they are impacting the Canadian interest rate
15:10 - Why have European stocks outperformed US stocks this last quarter?
18:00 - The importance of a diversified portfolio
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Secondaries have emerged as one of the fastest-growing segments within private capital, offering investors potential access to liquidity and flexibility in an asset class traditionally known for long holding periods. In this episode, Rob Olsen is joined by Nicola Wealth’s Tori Buffrey and Adrian Millan, Partner at PJT Park Hill in New York, to explore how this market is evolving and what it means for today’s investors.
Together, they explain the fundamentals of LP- and GP-led secondaries, discuss the increase in transaction volume, and examine the structural and market trends shaping the space. Tori shares how Nicola Wealth approaches GP-led secondaries, while Adrian offers a global view informed by years of experience advising institutional clients.
They also discuss the role of innovation in deal execution, recent shifts in capital flows, including interest from retail and insurance investors, and the unique position Canadian investors hold in the broader market.
Host Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors helping clients navigate the evolving Greater Vancouver market—and beyond.
In this episode, they offer a timely and comprehensive overview of the Canadian residential real estate landscape, from buyer, balanced, and seller market dynamics to the ripple effects of the mortgage maturity wall. They discuss how major cities like Vancouver, Toronto, Calgary, and Victoria are faring, and why condo markets in particular are facing headwinds. The conversation also explores Vancouver’s landmark multiplex rezoning changes and how they’re creating a new sub-asset class—and new opportunities—for homeowners, developers, and investors alike.
Dan and Ryan also share strategic advice for buyers navigating the presale market and offer perspective on what to expect as interest rates and economic uncertainty continue to shape activity in 2025.
Highlights
2:20 – Are we in a buyers, sellers, or balanced market?
7:56 – Price dynamics in real estate markets across Canada
14:03 – Spring market forecast
20:41 – Mortgage renewal situation in Canada
28:07 – Bill 44 multiplex rezoning
35:33 – Thoughts on the pre-sale marketplace
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In this episode, host Robert Olsen and co-host Sunny Lee from Nicola Wealth speak with Aly Champsi, Managing Director at DW Healthcare Partners, a private equity firm focused on healthcare investments with offices in Toronto and Park City, Utah.
The conversation explores healthcare-focused private equity, highlighting how sector specialization and operational expertise create a competitive edge in a crowded market. Aly explains why healthcare, comprising 17% of U.S. GDP, presents attractive investment opportunities across multiple subsectors. They also discuss challenges like tariffs and protectionist policies, offering insights on how healthcare investments may be partially insulated from these pressures.
Highlights
4:44 - Early career beginnings and personal background
10:22 – The journey from investment banking at BMO to strategy consulting at Oliver Wyman
17:25 – DW Healthcare Partners and their offices in Toronto & Utah
20:00 - Aly explains why healthcare is an attractive sector
27:31 – Deal at DW Healthcare that stands out
31:30 – USA, Trump and Tariffs
41:52 - Outlook for private equity over the next 24 months
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You’ve worked hard to build your business and accumulate wealth, so how do you ensure your legacy is protected for future generations? Jasmine Marichic, Wealth Advisor | Client Relationship Manager, outlines key estate planning strategies for business owners, including trusts, direct distributions, and Letters of Wishes. Learn how to safeguard your assets, prepare your heirs for financial responsibility, and leverage tools like private giving foundations to create a lasting philanthropic impact.
Highlights
1:40 - How and when to distribute wealth
1:55 - The use of trusts
4:20 - The importance of a Letter of Wishes
6:00 - A will can be equal but not fair, and fair but not equal
7:00 - Are your heirs prepared to manage their inheritance?
7:55 - Charitable giving and leaving a philanthropic legacy
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Women are increasingly taking the lead in managing their families' finances, but many still face challenges in feeling confident about their financial decisions. In this episode, Wealth Advisors Cassandra Cross and Dami Gittens explore the crucial role of financial literacy and empowerment, and why it’s so important for women to take control of their financial futures.
Drawing from their own experiences growing up in households with traditional financial roles, Cassandra and Dami share practical tools and strategies for women to feel more confident in their financial decisions. They also discuss the impact of financial literacy, managing stress, and the unique approach to legacy planning that they find resonate with many women.
In this episode, host Robert Olson sits down with veteran finance leader and entrepreneur David Rogers, who shares his remarkable journey from corporate roles at Cooper's and Lybrand and TD Bank to creating Caledon Capital, which grew to manage $10 billion in assets under management.
David offers candid insights into his career transitions, from joining FirstService in its infancy as Vice President and CFO to building OMERS' private equity program and ultimately launching his own successful investment firm. Throughout the conversation, he emphasizes how his people-first leadership philosophy shaped his success, the importance of trusted mentors, and finding the right strategic partners for business growth. Now semi-retired and serving on Nicola Wealth's private capital investment committee, David reflects on balancing professional accomplishments with personal fulfillment.
Highlights
3:40 - Early career beginnings
10:45 - Creating OMERS' private equity program and investment approach
14:40 - Lessons in leadership and building a people-first culture
16:00 - Identifying market gaps and launching a business
22:15 - Strategic partnerships and business evolution
24:50 - Balancing advisory roles and achieving work-life balance
29:00 - Career reflections
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In this episode of The Wealth Exchange, Timothy Stranks gives us an update on the deadline extension for the charitable giving deadline.
Canadian charitable donors received a deadline extension this tax season—but important limitations apply. Tim Stranks, Wealth Advisor | Client Relationship Manager, and a Director of the Nicola Wealth Private Giving Foundation, examines the recent extension to Canada's charitable donation deadline. He provides clarity on the extension's limited application to cash donations, discusses implications for year-end tax planning, and contextualizes this change within broader developments affecting Canadian investors.
Highlights
1:00 - Overview of the charitable donation deadline extension 1:25 - Status of proposed capital gains inclusion rate changes 2:15 - Important distinctions between donations
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In this episode, Jasmine Marichic, addresses the top five estate planning mistakes made by business owners and affluent families. Your legacy is more than just wealth—it’s your business, your values, and the future of your family. Yet many business owners and affluent families make critical mistakes in estate planning that can lead to unnecessary taxes, family disputes, or even business mismanagement. Jasmine Marichic, Wealth Advisor | Client Relationship Manager, breaks down the top five estate planning mistakes many individuals make and how to avoid them. From tax-efficient wealth transfer strategies to preparing heirs for financial responsibility, this discussion offers expert insights to help you secure your legacy for generations to come. Highlights 1:10 - Why is estate planning important?
1:40 - The risks of delayed planning
2:40 - Tax-efficient wealth transfer strategies
4:05 - Executor and trustee selection criteria
5:20 - Business succession planning essentials
6:40 - Preparing heirs for wealth management
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Ben Jang, Portfolio Manager, analyzes U.S.-Canada trade relations, including recent developments in tariff negotiations and their potential impact on investors.
Ben Jang, Portfolio Manager, examines the potential impact of U.S. tariffs on Canadian goods and broader market trends. Ben provides insights into the latest discussions between Trump and Trudeau, the potential economic implications, and why these threats may be more about political strategy than economic necessity. He also breaks down the sectors most at risk, the impact on the Canadian dollar, and how Nicola Wealth’s diversified investment strategy works to protect long-term goals in a volatile environment. Highlights 2:15 - Update on U.S.-Canada trade discussions and border security agreement 6:40 - Analysis of Trump's tariff strategy and negotiation approach
10:35 - Sector-specific impacts and energy market considerations
11:55 - Canadian dollar implications and export sector opportunities
13:00 - Portfolio diversification strategies and risk management approach
14:45 - Market outlook and investment positioning
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Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Maricic to analyze market themes from the fourth quarter of 2024.
Together, they explore key economic and political developments shaping the final months of 2024 and the early days of 2025. From Justin Trudeau's resignation and its implications for Canada’s political landscape to Trump’s policy shifts and their influence on global markets, Ben offers expert insights on interest rates, inflation, housing, and public equities.
Listen now to gain valuable perspectives on the factors driving today’s markets and what they mean for the year ahead.
Highlights
2:22 - Political transitions in Canada and implications for proposed legislation
6:30 - North American equity market performance and valuation metrics
13:20 - Bank of Canada's interest rate decisions and currency implications
17:37 - Changes to Canadian immigration policy and real estate sector impacts
19:44 - Current inflation trends and monetary policy outlook
20:57 - Market sentiment and portfolio positioning considerations
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In the season finale of The Wealth Exchange, host Jasmine Marichic provides a thoughtful overview of 2024's key economic developments and their potential influence on the year ahead. As we transition into 2025, she offers perspective on the broader market trends and policy changes shaping Canada's investment landscape.
Drawing on insights from Nicola Wealth's Chief Economist, Rob Edel, this episode emphasizes the value of maintaining a balanced, long-term approach to wealth management amid changing economic conditions.
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In this episode, Robert Olsen and Vanessa Flockton sit down with trailblazing business leader Ursula Burns. As the first black woman to lead a Fortune 500 company, Burns shares her remarkable journey from growing up in New York City public housing to starting as an intern at Xerox and rising to become its CEO. She led the company’s transformation from a print and copy giant to a diversified business services enterprise.
Ursula reflects on her 38-year career at Xerox, offering candid insights into leading through change, transitioning from peer to chief executive, and the critical role her trusted advisors played throughout her ascent.
Now co-founder of Integrum Holdings, Ursula applies her transformation expertise to private equity, championing a different approach to growing mid-sized businesses. Instead of prioritizing rapid expansion through acquisition, she advocates for sustainable, organic growth and strong leadership—challenging the industry's "bigger is better" mindset.
Ursula's practical wisdom on navigating growth and building value while creating opportunities for others offers an inspiring and actionable perspective for business owners and leaders charting their own paths to success.
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In this episode, host Robert Olsen talks with Mark Machin and Mark Shulgan from Intrepid Growth Partners about the growing role of AI in growth equity investing. The conversation explores the founders’ backgrounds in science and banking, and how these experiences shape their focus on AI-driven investments.
Machin and Shulgan explain their investment strategy, emphasizing their approach to identifying businesses that are using AI to create real value. They also discuss the impact of AI on industries such as healthcare, customer engagement, and robotics.
The two investors share their views on the current market landscape, how investment strategies are evolving in response to economic changes, and the opportunities they see in the U.S., Canada, and the UK.
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In this episode of The Wealth Exchange, Ben Jang, Portfolio Manager in the Nicola Wealth Public Assets Group, is joined once again by Ed Mills, Managing Director and Washington Policy Analyst at Raymond James.
The discussion covers potential impacts of U.S. policy shifts under various leadership scenarios. From bipartisan tensions surrounding semiconductor export restrictions to healthcare reforms and defense spending, Ben and Ed analyze how these developments could influence global markets and investor strategies. They also examine the far-reaching implications of the ongoing Russia-Ukraine conflict, NATO dynamics, and key appointments shaping a Trump administration.
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In this episode, Teresa Virani, Executive Director, Philanthropy at Nicola Wealth, is joined by James Woller, International Executive Director of Thrive for Good and a seasoned entrepreneur, to discuss how his charity is transforming communities through sustainable agriculture. Thrive for Good empowers individuals living in poverty to cultivate organic gardens that provide both nutritional security and income.
James shares how the organization’s innovative approach not only alleviates malnutrition but also fosters long-term economic independence and education, helping communities break the cycle of poverty. For philanthropists and entrepreneurs seeking to make a meaningful, sustainable impact, this conversation highlights the power of grassroots initiatives and the potential for creating lasting change in underserved regions.
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In this episode, Selena Woo, Vice President, Private Wealth - Associates & Operations at Nicola Wealth, is joined by Patricia Seward and Marina Saleeb, two Miss Intercontinental Canada title holders.
Patricia and Marina share their fascinating journeys through the world of pagentry and how those experiences help shape their careers today. As champions for women's empowerment, they discuss the significance of building a community, adapting to change, and making sure your voice is heard.
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In this episode, Cameron Smith, Vice President, Private Wealth | Client Relationship Manager, at Nicola Wealth, is joined by Chris Nicola, President, Nicola Wealth, to explore fintech innovation, AI's impact on wealth management, and how technology is reshaping client service.
Chris shares his unique journey from co-founding WealthBar, Canada's first regulated robo-advisor platform, to leading technology initiatives at Nicola Wealth. Together, they explore the evolving landscape of financial technology, discuss how major institutions are adapting to digital transformation, and examine the real potential of AI in wealth management. Chris also provides valuable insights into Nicola Wealth's innovative technology projects, including their new philanthropy portal, and explains why smaller, more agile firms may have an advantage in driving industry innovation.
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Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to analyze market themes in the third quarter of 2024.
The episode explores key developments in global markets, including shifting dynamics in U.S. equities, Canada’s interest rate cuts, and the rebound in real estate equities.
Ben provides insights into the potential market impacts of the upcoming U.S. presidential election and China’s dramatic market recovery in September. The discussion also addresses geopolitical tensions, such as the conflicts in Ukraine and the Middle East, and their effects on global markets. The episode wraps up with Ben’s perspective on maintaining a balanced, long-term investment approach in an increasingly multipolar economic landscape.
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In the latest episode of The Wealth Exchange podcast, Teresa Virani is joined by Malcolm Berry, CEO of BC Children’s Hospital Foundation (BCCHF) and Vanessa Flockton, President, Private Wealth (Chief Advisory Officer at time of recording) at Nicola Wealth and a member of the BCCHF Board of Directors. They discuss philanthropy through the lens of transforming child health. As well as the incredible work the Foundation does and why investing in charitable causes like BCCHF can create real impact.
BC Children’s Hospital Foundation's mission is transforming care, making diagnostics and treatments safer, faster, and more personalized, and working to find solutions for critical issues facing the sickest kids.
In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth, explores venture capital investing with Matt Harris, Partner at Bain Capital Ventures, and Geoff Taylor, Principal, Private Equity and Venture Capital at Nicola Wealth.
Matt contrasts venture capital with private equity, emphasizing the bold visions and ‘why now’ factors that drive successful investments. He shares insights from his career journey and the evolution of Bain Capital Ventures into a bi-coastal specialist in key verticals like financial services, industrials, and healthcare.
The conversation addresses the challenges of market bubbles, particularly the speculative mania of 2021, and the importance of maintaining steady investment pacing. Geoff also adds depth to the discussion, sharing his approach to managing evergreen funds, highlighting the balance between deployment and returns.
The episode also explores the transformative potential of fintech and generative AI, discussing how these technologies are reshaping industries and creating new investment opportunities.
Learn more about Nicola Wealth's Venture Capitalist strategies.
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In the latest episode of The Wealth Exchange podcast, Selena Woo is joined by Patrice Mousseau, CEO and founder of Satya Organic, a sustainable, steroid-free, and all-natural skincare line. Motivated by her daughter’s struggle with eczema and a desire for natural healing solutions, Patrice embarked on an entrepreneurial journey that challenged traditional business norms.
Beyond skincare, Patrice is a passionate advocate for sustainability, ethical business practices, and supporting Indigenous communities. She shares her unique approach to business, the personal story behind Satya Organic, and how she’s working to redefine the traditional business mold for the better.
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In this episode of Investing Matters, Ethan Astaneh is joined by Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group, to examine the current state of Vancouver’s residential real estate market. Together, they explore the latest market trends, including the shift towards a balanced market and the impact of the pandemic on housing dynamics.
Dan and Ryan provide a high-level overview of the market in the Greater Vancouver area, discussing the differences between hyper-local markets and the overall market conditions. They break down the performance of different asset classes, from detached homes and townhomes to condos, highlighting key metrics like the sales-to-active listings ratio.
They also discuss the effects of rising and falling interest rates on market activity, the challenges faced by investors, and the opportunities for end-users. The conversation touches on the implications of immigration policies, the current state of building permits and housing starts, and the potential future of Vancouver’s downtown core.
In this episode of The Wealth Exchange, host Ben Jang, Portfolio Manager in the Nicola Wealth Public Assets Group, talks with Ed Mills, Managing Director and Washington Policy Analyst at Raymond James. Ed shares his insights on the unexpected twists in the U.S. presidential election, including the early debate and the switch in the Democratic nomination. They discuss key policy issues like inflation, housing, and geopolitics, and how these topics may influence the markets.
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In this episode of the Wealth Exchange, Mark Hannah, Managing Director, Nicola Wealth Real Estate, is joined by Don Harrison, an Independent Advisor on the Nicola Wealth Real Estate Investment Committee. Don has extensive experience in the commercial real estate industry and recently served on the senior executive team for Great West Life Realty Advisors.
Together, they delve into various topics, from understanding Don's career path, to the intersection of institutional and private capital in real estate. They also share a few tips for people new to the commercial real estate industry.
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In this episode, Ron Haik, Wealth Advisor | Client Relationship Manager, at Nicola Wealth, welcomes Joe Markovitch, a seasoned business exit planner, to discuss the complexities and emotional journey of exiting a business. Joe, who describes himself as an “exit Sherpa,” shares his expertise in guiding business owners through the intricate process of exit planning.
Joe outlines the seven-step planning process he employs, emphasizing that exiting a business is not a single event but a comprehensive process requiring time, expertise, and a team of diverse advisors. He highlights the importance of early planning, often starting at least two years in advance, to navigate tax regulations and other critical factors.
The conversation also explores the emotional challenges owners face when leaving their businesses and the importance of having a clear, structured roadmap. Joe shares his personal experience of exiting his own bakery business in Vancouver, offering valuable lessons and strategies he wished he had known during his transition.
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In the latest episode of The Wealth Exchange podcast, Selena Woo is joined by Henna Mazzocco, the owner and lead photographer at Skyscape Studio. Henna specializes in drone photography and video production, bringing over two decades of experience in marketing and sales to her craft.
During the episode, Henna shares captivating stories of capturing breathtaking aerial views and how these experiences have shaped her approach to overcoming challenges and inspiring others. She emphasizes the importance of mentorship, resilience, and staying true to one’s vision, even when the path gets tough.
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In this episode, Robert Olsen, Vice Chair of Private Capital at Nicola Wealth, is joined by Ken McKinnon, Senior Managing Director and Equity Partner at Institutional Mortgage Capital, and Simon Carlsen, Senior Director of Mortgage Investments at Nicola Wealth, for an in-depth look at trends and opportunities in real estate debt.
Despite past challenges, real estate has remained a generally strong and income-generating asset class. Together, they discuss the factors driving investor interest in real estate and mortgages, and how investors can gain exposure to this asset class. Ken and Simon share their insights on the evolving landscape of real estate debt investments, the future of interest rates and their impact on the mortgage market, and highlight key opportunities within the mortgage space.
Learn more about Nicola Wealth's Mortgage strategies.
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In the latest episode of The Wealth Exchange podcast, Victoria Emslie is joined by Amanda Sayfy, the new Executive Director at Dress for Success Vancouver. Amanda discusses her role and shares the impactful mission of the organization, which helps women and gender-diverse individuals achieve economic independence.
Dress for Success goes beyond providing professional attire by offering pre-employment and job retention training, mentorship, and access to professional networks. Amanda highlights the organization's rich history, its significant community engagement, and the comprehensive support system it provides to empower women in their careers.
Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Maricich to discuss the launch of the new Nicola Wealth Money Market Fund.
In this episode, Ben explains why now is the perfect time to introduce this fund, given the recent rise in interest rates and changes in regulations. He provides insights into the fund’s investment strategy, discusses its U.S. class, and highlights the advantages of the money market fund over high-interest savings accounts, including its diversified portfolio, stability, and protection against falling interest rates.
Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to discuss market themes in the second quarter of 2024.
In this episode, Ben provides an insightful overview of growth and inflation across major economies, including the U.S., Canada, Europe, and Asia. He explores how the U.S. is navigating a slowing economy, the impact of rising unemployment in Canada, Europe’s positive growth outlook, and the surprising trade recovery in Asia.
The discussion also zooms in on equity markets, highlighting the performance of AI stocks, the influence of the 2024 Canadian federal budget on trading activity, and the resilience of Canada’s financial system amidst higher interest rates. Ben also shares his thoughts on the recent rate cut by the Bank of Canada, its impact on the bond market, and the importance of active management in fixed income portfolios.
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In the latest episode of The Wealth Exchange podcast, Selena Woo is joined by Joanna Jagger and Meeru Dhalwala, two influential women making a difference in the hospitality and culinary industries.
Joanna, the Founder and President of the WORTH Association, shares her passion for supporting women in the recreation, tourism, and hospitality industries. She emphasizes the importance of mentorship and leadership development.
Meeru, a renowned chef, author, and co-founder of Lila and Vij’s Restaurants, shares her personal journey from her early life in India to her successful career in Vancouver. She discusses the challenges she faced as a woman of colour in the culinary world and how she overcame them by creating a welcoming and inclusive environment in her kitchens.
Together, Meeru and Joanna emphasize the power of resilience, the importance of self-belief, and the impact of creating spaces where everyone is welcome and valued.
In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth focuses on infrastructure investments with Evan Corley, Partner, in Pantheon's Global Infrastructure and Real Assets Investment Team, and Ashley Ng, Senior Director, Infrastructure at Nicola Wealth. Pantheon, a global private equity, infrastructure, real assets, and debt investor, manages over $65 billion in assets with a team of 125 professionals across 12 offices worldwide.
Together, they explore the evolution of infrastructure as an asset class, the factors driving investor interest, and Pantheon’s journey in this space. Evan shares insights from his 20-year career at Pantheon, highlighting the growth of infrastructure investing and the increasing involvement of high-net-worth investors.
Learn more about Nicola Wealth's Infrastructure strategies
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In this episode, host Victoria Emslie is joined by Alison Twiner, a dedicated past Chair of the National Board, and Robyn Jones-Murrell, Senior Vice President for Western Canada, both from the Heart & Stroke Foundation. Together, they share their unique journeys and profound impact on the foundation's mission.
Robyn recounts her unexpected path to the foundation, highlighted by her father's dramatic survival of a Widowmaker heart attack just days before her interview. Alison reflects on her lifelong commitment to heart and stroke causes, from childhood canvassing with her mom to leading digital transformation on the board.
They also emphasize how the Heart & Stroke Foundation drives vital research, advocates for life-saving policies, and tackles critical issues such as women’s heart health and bystander CPR.
In this episode, John Nicola, Chairman, CEO, and CIO of Nicola Wealth, shares valuable insights at the Canadian Alternative Investment Forum 2024 alongside Catherine Code, National M&A Leader and Vice Chair, Deloitte Canada. As Canada's fastest-growing private investment counsel, John explores Nicola Wealth's innovative strategy of managing open-ended, evergreen funds in real estate and private capital, a practice the firm has implemented since 2005. He emphasizes the importance of maintaining direct client relationships and how this client-centric approach has contributed to the firm's stability and strong client retention rate. This discussion provides a deeper understanding of Nicola Wealth's investment philosophy and the principles that drive its growth.
On June 6, a panel of remarkable women took the stage at the Women's LEAD Vancouver event to share their inspiring journeys. LaQuita Cleare, the evening's keynote speaker and Founder of Clear Communication Academy; Kiara LeBlanc, CEO & Founder of Lifted Fitness; Teena Gupta (Sim), CEO of Rosemary Rocksalt and Co-Founder of Nurse Next Door; Marie Khouri, an acclaimed sculptor based in Paris and Vancouver; and Dr. Maryam Zeineddin, a family doctor and CEO & Founder of Zili CARA, each brought their unique perspectives to the discussion.
Moderated by Paulina Cameron, COO of Flytographer and Author, the panel shared stories of entrepreneurship, building community, pivotal life moments, and the challenges of navigating family dynamics while pursuing a path true to themselves. Their conversation is filled with wisdom, authenticity, and invaluable insights, inspiring listeners to forge their own unique paths.
Over the past several years, the Canadian Federal Government's budgets have introduced tax changes affecting high-income earners and business owners. This year's budget announcement includes a proposed change to the capital gains inclusion rate.
In this episode, John Nicola, Chairman, CEO, and CIO, and Ethan Astaneh, Wealth Advisor | Client Relationship Manager, at Nicola Wealth are joined by Matthew Baker, Partner in Tax at Baker Tilly Canada. They outline key tax considerations and strategies that investors should be aware of as they monitor their long-term financial plans.
In this episode, Mark Hannah, Managing Director of Nicola Wealth Real Estate, speaks with Wayman Crosby, an Independent Advisor on the Nicola Wealth Real Estate Investment Committee, and Director of the Nicola Wealth Private Giving Foundation and the Nicola Gives Back Charitable Committee. Wayman, an accomplished entrepreneur and passionate philanthropist, shares insights from his 50-year career, discussing how he has successfully navigated business cycles, his dedication to philanthropy, and the importance of structured personal planning. He emphasizes the significance of meaningful engagement, giving back, and maintaining a balanced, healthy life, demonstrating how these values drive both personal and professional success.
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In this episode of the Wealth Exchange, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth unpacks the private equity secondaries market with industry expert Joy Savchenko, Senior Managing Director at Evercore. Joined by Tori Buffery, Senior Director, Private Equity Secondaries at Nicola Wealth, the three use their expertise to demystify terminology and comment on trends in the secondaries market.
Joy shares insights into continuing to build the legacy of Evercore and and predictions for the current and future states of the secondaries market. Meanwhile, Tori offers valuable perspectives on private equity secondaries from the lens of high-net-worth individuals, showcasing Nicola Wealth's strategic approach.
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On this episode of The Wealth Exchange, we have featured audio from our live panelist discussion that took place on May 8th at our Women’s LEAD Event in Toronto. The night was filled with community building and knowledge sharing with our inspiring panelists; Diana Matheson, Co-Founder, Project 8 and Canadian former professional soccer player, Safoura Zahedi who is an Artist, Architect, Educator, and Geometry Expert, Meghan Roach, the President and CEO of Roots, and Dimitra Davidson, Founder of Indeed Laboratories.
This diverse group of panelists from different backgrounds and fields of work shared stories of their successes and barriers to leadership. Steering the conversation was our expert moderator, Paulina Cameron, COO of Flytographer and Author, who was able to tie together the shared experiences of all the incredible women who took the stage.
In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth explores private equity investments with industry expert Brett Fisher, Managing Director at Fisher Lynch Capital. Joined by Kazuki Nohdomi, Portfolio Manager, Private Equity and Venture Capital at Nicola Wealth, they uncover the world of private equity.
Brett shares insights into the inception of Fisher Lynch Capital in 2003 and the differences between private and public investments. Meanwhile, Kazuki offers valuable perspectives on private equity from the lens of high-net-worth individuals, showcasing Nicola Wealth's strategic approach.
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Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to discuss market themes in the first quarter of 2024. They analyze historical trends that influence today's markets and deliver practical advice for constructing resilient investment portfolios.
Additionally, Ben provides valuable insights on how investors can avoid common pitfalls like recency bias, and offers strategic guidance in navigating uncertain market conditions. Their discussion extends from interpreting the implications of interest rate fluctuations to staying informed about global events such as upcoming elections.
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In this episode, Mark Hannah, Managing Director of Nicola Wealth Real Estate, is joined by Mark Renzoni, an Independent Advisor on the Nicola Wealth Real Estate Investment Committee. Mark, who served as the former President and Chief Executive Officer of CBRE in Canada, draws from his extensive career spanning over three decades in commercial real estate.
Mark provides valuable insights into navigating the complexities of the commercial real estate market, including adapting to challenges such as the impact of COVID-19 and fluctuations in interest rates. He discusses investment strategies, focusing on growth markets and income-producing assets while addressing emerging trends in alternative asset classes.
Additionally, he underscores the importance of continuous learning, shares strategies for career development, and highlights the pivotal role of mentorship in shaping the future landscape of the real estate industry.
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In this episode, host Selena Woo engages in an inspiring and laughter-filled discussion with Natalie Miller. They navigate the complexities of life, from Natalie's thriving interior design business to supporting her husband's career in the NHL while raising three young children.
Natalie shares her refreshing perspectives on life, humility, and dedication to giving back to her community. They discuss how they translate her husband JT's work ethic on the ice into a successful team dynamic, building a beautiful life together that requires hard work.
Natalie redefines the notion of being in someone's shadow, emphasizing her own role and strengths. As a working parent, she highlights the power of organization and the importance of giving ourselves grace.
Natalie's wisdom and insights inspire and uplift, reminding us all to embrace our unique paths and find strength in the journey.
In this episode of Lead Impact, Ron Haik is joined by former Canadian figure skater, Patrick Chan. As the most decorated male figure skater in Canadian history, Patrick shares his inspiring journey from the ice rink to financial planning at Nicola Wealth.
Patrick reflects on his humble beginnings in Ottawa, where his love for figure skating blossomed amidst a family of passionate athletes. From early aspirations of hockey to discovering his calling in figure skating, Patrick's path to Olympic glory was anything but conventional.
But as Patrick recounts, life after the Olympics presented a new set of challenges. Transitioning from the spotlight of competitive skating to the corporate world, Patrick found himself at a crossroads. He candidly discusses the uncertainties, setbacks, and pivotal moments that ultimately led him to Nicola Wealth.
Through insightful conversations with host Ron Haik, Patrick shares invaluable lessons learned from his skating career and how they translate to his current role as a Wealth Planning Associate Intern at Nicola Wealth. From resilience and mindfulness to teamwork and adaptability, Patrick's journey exemplifies the power of perseverance and embracing change.
In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth explores private debt investments with industry expert Howard Widra, Partner at Apollo and Head of Direct Originations at MidCap Financial. Joined by Jurgen Van Vuuren, Senior Director & Head, Private Debt at Nicola Wealth, they explore the intricacies of MidCap's extensive portfolio of senior debt solutions, from leverage lending to asset-based lending.
Howard shares insights into MidCap's journey since its establishment in 2008, highlighting challenges encountered and the firm's commitment to disciplined portfolio management. Meanwhile, Jurgen offers valuable perspectives on private debt investment from the lens of high net worth individuals, showcasing Nicola Wealth's strategic approach.
Additionally, they delve into the drivers behind the growth of private credit, dispelling misconceptions and examining the implications of capital concentration among major private credit firms on market competition. They also explore the current state of the M&A market and its ripple effects on private debt activity.
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In the latest episode of The Wealth Exchange podcast, Selena Woo sits down with Cally Wesson, the dynamic CEO and President of BC Women's Health Foundation. Known for her transformative leadership, Cally's journey is nothing short of inspirational as she delves into the pivotal role of women's health in our lives.
As a passionate advocate for comprehensive wellness, Cally's work extends from neonatal care to mature women's health, emphasizing the importance of a holistic approach. Through collaboration with researchers and philanthropists, she translates cutting-edge research into tangible solutions, fostering full-circle wellness for women.
In this episode, Cally shares her insights on fostering community, driving innovation, and the profound impact of collective action in advancing women's health.
In this episode, host Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors to help their clients navigate the complexities of the Vancouver real estate market.
Dan and Ryan discuss some of the most timely issues affecting the Vancouver real estate market. They provide an update on the residential real estate market, speculate on the "myth" of the mortgage maturity cliff, and discuss affordability in British Columbia, Alberta, and Ontario.
In this episode, Ron Haik sits down with John Bromley, the visionary founder and CEO of Charitable Impact, an online donation platform. With a passion for charitable giving in Canada, John advocates for increased access, education, and dialogue within the sector. Join us as we delve into his journey and how Charitable Impact helps facilitate online donations, making gifts to causes seamless.
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In the latest episode of The Wealth Exchange podcast, Selena Woo sits down with Zoë Pawlak, an artist and industrial designer rooted in the vibrant city of Vancouver, alongside her daughter Cienna Dixon.
Together, they paint a picture of their shared journey, illuminating a path of healing and blossoming growth. Zoë reminisces on her evolution as a young mother, navigating the waters of sobriety, and weaving connections with her beloved daughter. Meanwhile, Cienna's narrative sparkles with resilience, revealing how early trials became gems on her path, leading her to become the youngest trainer in Gold's Gym's history.
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About Zoë Pawlak
In this episode, Mark Hannah, Managing Director, Nicola Wealth Real Estate, is joined by Joe Mazzocco, an Independent Advisor on the Nicola Wealth Real Estate Investment Committee. With over three decades of experience, including his tenure as Executive Managing Director at KingSett Capital, Joe offers invaluable insights into navigating the complexities of property investment, particularly amidst various market challenges.
Together, they delve into various topics, from the impact of fluctuating interest rates on property values in 2023 to the critical role of an investment committee. They also discuss identifying promising cities and preferred asset types, sharing insights on seizing opportunities and clarifying the distinguishing characteristics of top-performing real estate assets.
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Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to provide an update on how global markets performed in the fourth quarter of 2023. Offering valuable insights, Ben discusses the expected rise in volatility for the year ahead. He dives into the complex interplay of labour market dynamics, technological advancements, and housing supply issues, explaining their combined influence on inflation and interest rates.
Wrapping up the conversation, Ben shares practical tips on navigating a highly correlated stock and bond environment when positioning your portfolio.
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Many individuals aspire to leave a lasting legacy through charitable giving. Donor Advised Funds (DAFs) present an opportunity to revolutionize your philanthropic strategy. In this episode, Jackie Dagg, Team Lead at Private Giving Foundation, and Timothy Stranks, Wealth Advisor | Client Relationship Manager, explore the nuances of DAFs, offering a closer look at the advantages, strategies, and the unique approach that Nicola Wealth brings to aligning your philanthropic wishes with your financial and tax planning strategy
Welcome to a new season of The Wealth Exchange Podcast, where our goal is to provide access to expert insights on a variety of planning topics, market commentary, general education on investing strategies, and an in-depth exploration of Nicola Wealth's unique approach to building and preserving wealth.
In this episode, we'll guide you through some exciting new changes and share what you can expect from the podcast as we enter a new year.
In the latest episode of The Wealth Exchange podcast, Selena Woo sits down with Ravnoor Kirk and Katrina Walker, students at the British Columbia Institute of Technology and Co-Presidents of the BCIT Chapter of Young Women in Business (YWiB).
YWiB is a community for emerging female leaders and young professionals who want to create their own success, creating a platform for their voices to be heard and exposing them to new opportunities. As student leaders, Ravnoor and Katrina share how they balance priorities, support each other, and help cultivate growth, community, empowerment, collaboration and fun within the YWiB community and beyond.
In this episode of The Wealth Exchange, Ron Haik sits down with technology veteran Michael Frew to explore the world of tech entrepreneurship and digital business acquisitions. With extensive experience working with industry giants such as Lockheed Martin, IBM, and Amazon, Michael offers listeners unique and firsthand insights into the inner workings of the tech industry. Additionally, they thoroughly explore the blueprint to achieving financial success in digital business acquisitions and detail the strategic advantages of acquiring businesses over starting from scratch.
Investing Matters is a segment of the Wealth Exchange podcast hosted by Ethan Astaneh. In this segment, Ethan discusses planning topics, market commentary, general investing, and education on Nicola Wealth’s unique pool of funds with an array of featured guests.
In this episode of The Wealth Exchange podcast, Ethan Astaneh hosts a special three-part series on Making Sense of AI. In Part 3, he is joined by Morten Rand-Hendriksen, a thought leader in the realm of artificial intelligence (AI) and its ethical implications. Morten, a keynote speaker, instructor, and educator at LinkedIn Learning, as well as a TikTok un-fluencer and university lecturer, brings a wealth of expertise to the conversation.
In this engaging discussion, Ethan and Morten explore the critical intersection between technology and society. Morten guides listeners through the ethical considerations of AI and its impact on the way we work. The conversation kicks off with an exploration of the inherent value of human labour, setting the stage for Morten to provide a comprehensive overview of how AI and technology are poised to augment, rather than substitute, individual work.
In the latest episode of The Wealth Exchange podcast, Selena Woo sits down with Lara Zink*, the former President and Chief Executive Officer of Women in Capital Markets, the largest network of women in finance. From our meeting in Toronto, Lara shares insights into her journey—a nontraditional path through finance that includes time on Parliament Hill, a Master of Business Administration, and a thriving career managing the fast-paced world of the sell side of capital markets.
Women in Capital Markets prides itself on inclusivity and caters to women at every career stage, from students to seasoned executives. Lara sheds light on how the organization is driving change through data-backed research, advocating for equity, diversity, and inclusion within the financial sector. Lara's commitment to breaking down barriers and creating a level playing field is truly inspiring, making her a role model not just for women but for anyone striving for equity in their respective fields.
*At the time of the recording, Lara Zink was president and CEO of Women and Capital Markets but left in September of 2023 to pursue an opportunity with a woman-led asset manager, Delaney Capital.
In today's episode, Victoria Emslie is joined by Wayman and Penny Crosby, integral members of the Nicola Wealth family and community leaders. Wayman has been instrumental in expanding Nicola Wealth's real estate offerings, while Penny has actively contributed to the Nicola Wealth Gives Back charitable committee, fostering a culture of giving.
As the world gradually reopens post-pandemic, the allure of travel is stronger than ever, prompting many to seek journeys with deeper meaning. With decades of experience seamlessly blending philanthropy and a passion for travel, the Crosbys generously share their insights, experiences, and wisdom. The conversation covers a range of topics, including crafting a philanthropic strategy, instilling a sense of giving in children aligned with personal values, and the unexpected depth of "insight trips."
In the latest episode of The Wealth Exchange podcast, Selena Woo, the host of the Women's LEAD segment, engages in a conversation with Sheila Biggers, CEO and President of Junior Achievement British Columbia (JA British Columbia). With November being Financial Literacy Month, Sheila shares her extensive experience and passion for fostering upward mobility in youth. The discussion also sheds light on how JA British Columbia, a crucial entity within JA Canada and JA Worldwide, is actively shaping the leaders of tomorrow.
Furthermore, Sheila and Selena delve into the impactful programs offered by JA British Columbia. These programs focus on financial health, work readiness, and entrepreneurship, aiming to provide young minds with the knowledge and confidence needed to make informed decisions.
In this episode, join host Ron as he delves into the inspiring journey of Tom Shepansky, the community-minded founder of Rethink based in Vancouver. From its humble beginnings in 1999 to its current global reach with offices in Vancouver, Toronto, Montreal, and New York, Rethink has become a leading force in the creative agency landscape. Tom shares insights into his entrepreneurial mindset, emphasizing the importance of giving back to the community. The conversation explores Tom's deep connection with Nicola Wealth, his involvement in advisory boards, and his role in driving Rethink's strategic direction.
In this episode, John Nicola, Chairman and CEO of Nicola Wealth, is joined by Howard Marks, Co-Chair of Oaktree Capital Management. Together, they explore the current economic landscape. They begin the conversation with insights on interest rates and inflation, then delve into topics like bargain and behavioural investing. The discussion also touches on the potential sources of returns—whether from beta or alpha activity. The episode ends with Howard sharing valuable advice for investors navigating the uncertainties in the months ahead.
Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to provide an update on how global markets performed in the third quarter of the year. He shares his insights on why he believes that interest rates are likely to remain elevated for an extended period. He also discusses the significance of cash holdings and their advantages, along with his outlook on the future of the economy.
At the time of recording, the following securities are held by Nicola Wealth:
- Microsoft Corp.
- Alphabet Inc. (Google)
Mention of these securities is not a recommendation to buy or to sell.
In today's episode, Victoria Emslie is joined by Jennie Dale and Michelle Di Tomaso, co-founders of Dense Breasts Canada, a non-profit organization committed to raising awareness and advocating for optimal breast cancer screening.
The conversation starts with a dive into the origins of Dense Breasts Canada, as they detail the organization's remarkable evolution over the course of eight years. As they unpack the topic at hand, Jennie and Michelle discuss the significance of breast density and why it is a pivotal factor in the early detection of breast cancer, which is a crucial element in saving lives.
Throughout the episode, Jennie and Michelle also share the challenges women face while navigating the intricate world of breast cancer screening and shed light on the imperative transformations required to safeguard women's health and well-being.
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In the latest episode of The Wealth Exchange podcast, Women’s LEAD segment host Selena Woo sits down with Karen Danudjaja, Co-Founder and CEO of Blume, and recipient of the Emerging Business Award and Women Entrepreneur of the Year Award from BC Food and Beverage. Karen's journey is nothing short of remarkable.
At the age of 27, Karen embarked on a mission to transform the everyday latte using the magic of superfoods, drawing inspiration from her Southeast Asian heritage. Blume, led by an exceptional all-women team, achieved a remarkable milestone, raising $2.5 million in just five weeks, with 40% of the investors being women, and having an audience that is 90% women. Their products can now be found in mainstream supermarkets, boutique stores, and cafes across Canada and the United States.
Throughout the conversation, Karen's philosophy shines: "Work hard and be nice to people." Her kindness, grace, and humility as a business owner are truly inspiring. Discover the magic of Blume and the incredible woman behind it all in this episode.
In today’s episode, Victoria Emslie speaks with Lucia Liscio and Jason Pun from Capitalize for Kids (C4K). Lucia serves as the Managing Director of Business Development, and Jason holds the position of Managing Director of Impact Consulting at C4K.
Lucia and Jason delve into the organization's inspiring journey of transformation over the years, shedding light on its profound mission and strategies aimed at enhancing children's mental health. Throughout this conversation, they highlight C4K's unique structure and its innovative approach to collaboration with partners and beneficiaries. Explore how they empower charitable organizations to foster resilient and supportive communities, ultimately bringing hope and meaningful change to the lives of children.
In this episode of The Wealth Exchange podcast, Ethan Astaneh hosts a special three-part series on Making Sense of AI. In Part 2, he is joined by Mark Trevitt, the founder and managing partner of Defined Capital, a venture capital firm with a distinct mission: supporting visionary founders who are pioneering the automation frontier, leveraging the convergence of data, human expertise, and AI to tackle intricate challenges in groundbreaking ways.
During their discussion, Mark sheds light on key aspects of AI's evolving landscape. He explains how the next phase in AI development is poised to provide substantial advantages to organizations possessing proprietary or well-structured data. Furthermore, he shares his strategic approach to fund diversification, which is a necessary response to the swift advancements on the automation frontier.
Lastly, Mark delves into the concept of AI agents, offering a compelling vision of how they may revolutionize our technology interactions in the future.
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At the time of recording, the following securities are held by Nicola Wealth:
- Microsoft Corp.
- Alphabet Inc. (Google)
Mention of these securities is not a recommendation to buy or to sell.
Jennifer Tse, renowned for her roles in a variety of feature films and her successful endeavors as a model and entrepreneur, shares her experiences in the entertainment industries of North America and Asia. She sheds light on the cultural disparities and societal expectations she has encountered.
In this episode, she candidly discusses her battle with imposter syndrome, her resilience in a demanding industry, and the transformative impact of motherhood. This insightful conversation with Jennifer offers a unique perspective on culture, identity, and personal growth in the spotlight.
In today's episode, Victoria Emslie is joined by Dr. Rebecca Deyell, a distinguished pediatric oncologist and researcher at BC Children's Hospital. What may have initially seemed like a somber discussion reveals a surprising source of inspiration. Dr. Deyell shares her journey into pediatric oncology, discussing the latest developments at BC Children’s Hospital in this field. She also explores the emotional challenges faced by families when their child is diagnosed with cancer and highlights the remarkable resilience of these young patients.
Finally, leading up to this year’s Crystal Ball, a crucial fundraiser for the BC Children’s Hospital Foundation, Dr. Deyell and Victoria discuss the Clinical Trials Super Hub's potential to bridge research and patient care, offering hope to children battling severe illnesses.
Learn more about BC Children’s Hospital Foundation’s Crystal Ball and how you can donate: CrystalBall.ca
Ethan Astaneh welcomes back Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group, to The Wealth Exchange podcast. In today's discussion, Dan and Ryan delve into some of the most pressing issues impacting the Vancouver real estate market. They provide a comprehensive overview of the real estate landscape, examine the performance of investments across various segments, highlight the distinctions between Vancouver and the Toronto markets, and offer valuable advice tailored to first-time homebuyers.
Furthermore, Ryan and Dan deliver an extensive market update on condos, townhouses, and detached houses. They also carefully assess whether the current market climate favours buyers or sellers, discuss interest rates and the impending wave of maturing mortgages, and provide their perspectives on potential policy responses to this critical issue.
With more than 30 years of experience in capital markets and financial services, Mary Vitug is a respected figure in the world of finance. Throughout her career, she has held leadership positions at prestigious institutions like Scotiabank and Women in Capital Markets. She has also served on various boards, including the Nicola Wealth Private Capital Investment Committee. Mary is well-known for her commitment to promoting Equity, Diversity, and Inclusion in the industry.
In the latest episode of The Wealth Exchange podcast, Selena Woo, host of the Women's LEAD segment, engages in a conversation with Mary. During their discussion, Mary shares her wealth of knowledge and experiences, delving into the four pivotal themes that have profoundly shaped her remarkable journey: work-life integration, intellectual curiosity, personal branding, and the nuances of mentorship versus sponsorship.
Investing Matters is a segment of the Wealth Exchange podcast hosted by Jasmine Marichic. In this segment, Jasmine discusses planning topics, market commentary, general investing, and education on Nicola Wealth's unique pool of funds with an array of featured guests.
Host Jasmine Marichic engages in an insightful conversation with Stacey Mouadeb, Director of Private Debt. Together, they break down the world of private debt.
Stacey shares how her team selects lending opportunities in North America and provides insights on evaluating deals and making smart investment choices in private debt.
In the latest episode of The Wealth Exchange podcast, Women’s LEAD segment host, Selena Woo, sits down with Jen Murtagh, who shares her incredible journey from corporate leadership to non-profit ventures and entrepreneurship. As Co-Founder of Maturn, Canada’s pioneering maternity leave program, Jen guides women through the intricate balance of motherhood and leadership. Accredited leadership coach, workshop facilitator, and speaker, she champions bravery, advocating that small steps can lead to vast opportunities.
In their conversation, Jen also delves into her soul-work and shares insights on quieting your inner critic, embracing feminine power, and harnessing intuition.
Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to offer an update on the performance of the global markets in the second quarter of the year. They discuss how Canada's economic weaknesses were offset by its strengths, delve into the current state of inflation and rising interest rates, and highlight where we see opportunities in the current market landscape.
In this episode of The Wealth Exchange podcast, Ethan Astaneh hosts a special three-part series on Making Sense of AI. In Part 1, he is joined by Dr. Bethany Edmunds, a renowned leader in Computer Science and STEM education. As the Director of Computer Science and a Teaching Professor at Northeastern University’s Vancouver campus, she shares her journey into the field of computer sciences and her passion for teaching.
Delving into the subject of AI, Dr. Edmunds takes us through its history, explains its fundamental concepts, and distinguishes it from machine learning. She also highlights the challenges of algorithmic bias, explores the regulation of technology for commercial purposes, and addresses the contrasting theories surrounding AI's future impact.
In this episode of The Wealth Exchange’s Women’s LEAD segment, our host, Selena Woo, sits down with Narges Nirumvala, the Founder and CEO of ExecutiveSpeak Coaching International. Narges shares her immigrant journey from India to the UK and ultimately settling in Canada, and offers valuable advice for new immigrants facing similar challenges.
Additionally, they explore Narges's dedication to supporting women through programs like "Confident Women, Confident Voices" and her impact as a two-time award-winning author. She delves into topics such as ageism, overcoming the inner critic, and the significance of speaking up and sharing accomplishments.
In today’s episode, Ron Haik speaks with Dan Murray, CEO of Opportunity International Canada. Dan shares his inspiring journey to Opportunity International, an organization deeply committed to combatting poverty. Together, they explore the daunting challenges faced by individuals living in poverty and how Opportunity International tackles them, emphasizing the delicate balance between organizational needs and the needs of the people they serve.
Dan sheds light on the power of Opportunity International's innovative microfinance solutions, sharing stories of the profound impact they have on the lives of those they support. He also reveals the key metrics used to measure success and track progress towards their ambitious goals, providing valuable insights for non-profit leaders striving to make a meaningful and lasting difference.
In this episode of The Wealth Exchange, we present the highlights from our recent Women's LEAD Event in Vancouver. This special edition features a live panelist discussion with an exceptional group of women who are true trailblazers and role models in their respective fields.
Our panelists include Dr. Martha Piper, former president of UBC, accomplished author, and esteemed recipient of the Order of BC and the Order of Canada; Saschie MacLean, an entrepreneurial force and the Founder of Formation Studio; Carol Lee, Chair of the Vancouver Chinatown Foundation and a community leader; and Dr. Diane MacIntosh, a psychiatrist, innovator, educator, and author.
These remarkable women generously shared their lived experiences, delving into the highs and lows of their personal journeys. The panel discussion was skillfully moderated by Canadian comedian Jessica Holmes, who fearlessly shares her own life journey.
In today’s episode, Ron Haik speaks with Heather Tremain, Chief Executive Officer of Options for Homes, an organization dedicated to providing affordable homeownership opportunities.
Heather takes a deep dive into the intricacies of Options for Homes' shared equity approach, shedding light on how the organization empowers individuals and families to achieve the dream of homeownership. Through the implementation of innovative financing models and strategic partnerships, Options for Homes has successfully delivered thousands of housing units, making a tangible impact on the ground.
On this episode, we have featured audio from our live panelist discussion that took place on May 11th at our Women’s LEAD Event in Toronto. These remarkable women are; Olympic Medalist turned Lawyer Jennifer Jones, Entrepreneur and Angel Investor Arati Sharma, Author, Professor, and Leader and Doctor Indira Samarasekera, and Entrepreneur Stacy Irvine.
They share their stories and struggles that they had to overcome to create their paths to success. We were blown away by their strength, courage, resilience, and determination, and found an abundance of inspirational takeaways from the live panel discussion. The panel discussion is moderated by Canadian comedian Jessica Holmes, who is also an incredible role model.
A Mother's Day special.
In today’s episode, Victoria Emslie speaks with Sheila Duffy, Director of the Pacific Post Partum Support Society (PPPSS), a non-profit organization that has been providing support for individuals and families dealing with perinatal mood and anxiety disorders for over 50 years. Sheila shares her personal stories and experiences working with PPPSS, as well as discusses the challenges faced by their clients and how the community can help.
She also touches on the organization’s goals for the future and what supporters can do to help. This insightful conversation sheds light on the importance of mental health support for new parents and the valuable work being done by organizations like PPPSS to provide it.
Resources provided to us by PPPSS:
www.parlab.med.ubc.cawww.postpartumstress.com/ Book: www.amazon.com/Dropping-Baby-Other-Scary-Thoughtswww.reproductivementalhealth.ca/ www.postpartum.org
Ben Jang, Nicola Wealth Portfolio Manager, joins host Jasmine Marichic to provide an update on the performance of the markets worldwide in the first quarter of the year. They discuss whether the performance was consistent across the board or if there were different outcomes in Canada, the U.S., and internationally. Additionally, they cover inflation trends, the recent banking crisis, geopolitical tensions, and how one may approach investing a lump sum of money given the uncertainty looming.
When community building, entrepreneurship, and the arts intersect, they create a powerful force that can drive positive change, foster creativity, and encourage innovation in local communities. In this episode, host Ron Haik engages in a conversation with David Duprey, an accomplished entrepreneur and esteemed community builder based in Vancouver. David shares valuable insights from his professional journey, sheds light on the arts and entertainment scene in Vancouver, discusses his unwavering passion for community building, and offers a glimpse into his leadership philosophy, providing aspiring entrepreneurs with valuable advice to help them succeed.
In the latest episode of The Wealth Exchange podcast, Women’s LEAD segment host, Selena Woo, speaks with Joy Walcott-Francis, Director of Equity, Diversity and Inclusion at Langara College and author of “Cocktails, Cappucino and Courage: Because it takes a lot!” Together, they delve into the thought-provoking themes of Joy's book, which is an embodiment of resilience, courage, and a steadfast determination to lead life on one’s own terms.
Joy provides insightful glimpses into her personal journey, including her childhood in Jamaica, her academic pursuits, and her experiences as a Black woman in academia. The discussion also encompasses Joy’s endeavours in promoting equity, diversity and inclusion, and the obstacles encountered in achieving her goals. Joy also shares some words of wisdom for women who are chasing their dreams and describes her vision for the future.
Ethan Astaneh, Wealth Advisor | Client Relationship Manager, hosts a timely discussion with Sean Oye, Public Assets Portfolio Manager, and Kazuki Nohdomi, Private Equity and Venture Capital Portfolio Manager. The conversation delves into the recent failures of Silicon Valley Bank (SVB) and Credit Suisse, with an in-depth analysis of why they occurred. They also compare the current bank run to the 2008 financial crisis and explore the valuable lessons we can learn from it. Additionally, the trio provides valuable insight into the current state of private equity and venture capital and discusses the emerging trends expected in the coming months.
In today's episode, Victoria Emslie speaks with P.L. and Kristen Meindertsma, a dynamic couple who are using their passion for sports, education, and business to effect positive change and help those in need. They are parents, professionals, athletes, and the creators of Cycle 5 to Survive, an initiative that arose from their love of cycling and desire for purpose and fulfillment.
The discussion primarily focuses on the challenges they faced in completing five major cycling expeditions across five continents in five years to raise $500,000 for five distinct charities. Their story is not only inspiring but also showcases their admirable ambitions and steadfast dedication to making a difference. Furthermore, they describe their unique approach to collaborating with each charity partner to optimize the impact of their efforts.
Investing Matters is a segment of the Wealth Exchange podcast hosted by Ethan Astaneh. In this segment, Ethan discusses planning topics, market commentary, general investing, and education on Nicola Wealth's unique pool of funds with an array of featured guests.
Host Ethan Astaneh engages in an insightful conversation with Jurgen van Vuuren, Senior Director Private Debt, and Simon Carlsen, Senior Director Mortgage Investments at Nicola Wealth.
Jurgen and Simon share their perspectives on private debt and mortgages and delve into how Nicola Wealth's funds add value and set themselves apart in the market. Together, they also explain how not all private strategies are created equal and that the nuances of strategy may protect investors in challenging market environments.
In today's episode, Victoria Emslie sits down with Amanda Burrows, Interim Executive Director at First United. Amanda brings a refreshing perspective on philanthropy, as she discusses her organization's approach to supporting communities in a sustainable and impactful manner.
Our discussion revolves around the Downtown Eastside of Vancouver, a neighborhood that faces a number of challenges, including homelessness, mental health issues, drug addiction, and policing. However, we'd like to preface this episode by acknowledging that the issues discussed can stir strong emotions and be triggering for some. We hope you will listen with an open mind as Amanda shares her experiences from the frontlines of this issue, as we break down the problem and explore potential solutions.
We know that this topic requires a more in-depth discussion, but through this conversation, we hope to shed some light on the subject and inspire deeper reflection. Amanda's insights offer a unique perspective that will undoubtedly challenge current views on philanthropy and community engagement.
Ben Jang, Portfolio Manager at Nicola Wealth, joins host Ethan Astaneh to provide a recap on the markets in the fourth quarter of 2022.
Ben breaks down the complexities of inflation so you can better understand the current economic climate and make educated decisions when it comes to investing. He also explains the signs to look out for when it comes to recessions and emphasizes the importance of paying attention to earnings, as this is the best indicator of how companies are performing during different economic cycles.
Host Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors to help their clients navigate the complexities of the Vancouver real estate market.
In today's discussion, Dan and Ryan discuss some of the most timely issues affecting the Vancouver real estate market. They provide an overview of the real estate market and how investments have performed in the various segments, why the Vancouver market differs from the Toronto Market, and share some salient advice for first-time home buyers.
In the latest episode of The Wealth Exchange podcast, Women’s LEAD host Selena Woo sits down with Dr. Stacy Irvine, co-founder of Totum Life Science and author of "Your Better Instincts". Stacy co-founded Totum Life Science with her partner Tim Irvine in 1995. They now have multiple locations in Toronto, providing a one-stop shop for all wellness needs and training some of Canada’s highest-performing athletes. Dr. Stacy Irvine shares how she discovered her passion which led her to create Totum, and how everyone can use their instincts to achieve their full potential.
Host Ethan Astaneh speaks with Ashley Ng, Director of Infrastructure Investments and Kazuki Nohdomi, Portfolio Manager - Private Equity & Venture Capital.
On our first Private Capital Quarterly podcast, they walk us through some of the structural decisions our funds make that enhance value to clients and the due-diligence process that ensures we're prudent in how we take risks. They also look at the opportunities in the current market environment, discuss examples of unique investments clients can access when investing in our Private Capital funds and discuss their strategy on how we intend to capitalize on this.
As we move into the holiday season, many consumers are transitioning their purchasing habits to consider the impact of their purchase. Just as gift-giving is done thoughtfully and with intention, as should be gift-buying, which is why the Canadian gifting service, Wonderkind, made sustainability, supporting local businesses, and charitable giving the hallmarks of their business.
In the latest episode of The Wealth Exchange podcast, Women’s LEAD host Selena Woo speaks with Wonderkind founders Tara and Shawna about starting a women-led business, including their entrepreneurial journey, the importance of mentorship, and how they prioritize giving back to their communities.
While Nicola Wealth's real estate funds saw an unprecedented growth of $2 billion in 2021, amidst the pandemic, 2022 had a whole new set of intricacies. In this podcast episode, Nicola Wealth CEO John Nicola, Managing Director of Nicola Wealth Real Estate Mark Hannah, and CEO of Venterra Realty John Foresi take a look back at the real estate markets in 2022, including the trends and surprises in the markets, as well as what they anticipate moving into 2023.
A growing number of men are facing life with a prostate cancer diagnosis. Globally, testicular cancer is the most common cancer among young men. And across the world, one man dies by suicide every minute of every day, with males accounting for 69% of all suicides.
In this episode, Director of Development at Movember, Mitch Hermansen, joins Ron Haik, host of the LEAD Impact podcast, to share how Movember is actively making a difference in men’s mental health, suicide prevention, and prostate and testicular cancer.
One in every two Canadians will be diagnosed with cancer in their lifetime, a diagnosis which often affects not only the emotional well-being of patients but also their families and caregivers.
In this episode of Philanthropy Focus, host Victoria Emslie is joined by Dr. Alan Bates, Provincial Practice Leader for Psychiatry at BC Cancer, and Sarah Roth, President and CEO of the BC Cancer Foundation, who share how BC Cancer and their team of psychiatrists are helping those living with or affected by cancer cope with the physical, practical, emotional and psychological aspects of their care.
In this episode of The Wealth Exchange's Women's LEAD segment, our host, Selena Woo, sits down with two entrepreneurs from the Vancouver Entrepreneurs Organization (EO), Lisa Will, Founder and CEO of Stonz and EO Diversity Chair, and Sebastien Nault, Founder and CEO of Black Tie Services and President of EO.
As two entrepreneurs who have found success in their industries, Lisa and Sebastien help uncover the differences women and men face in business. They also discuss the ups and downs of the entrepreneurial journey and highlight why it is essential that entrepreneurs uplift one another and support diversity in the entrepreneurial communities.
As a serial entrepreneur, Ivan Anz has businesses operating in more than ten countries. Among them is PhilanthroInvestors, Inc., a company that combines traditional venture capital financing with philanthropic principles. Ivan Anz works with those who aspire to invest money, time, and emotion into making a social impact while earning a financial return.
On this episode, Ivan joins host Ron Haik to share how he fostered his entrepreneurial spirit and eventually aligned his business acumen with his drive to generate high-impact improvement in society.
As a serial entrepreneur, Ivan Anz has businesses operating in more than ten countries. Among them is PhilanthroInvestors, Inc., a company that combines traditional venture capital financing with philanthropic principles. Ivan Anz works with those who aspire to invest money, time, and emotion into making a social impact while earning a financial return.
On this episode, Ivan joins host Ron Haik to share how he fostered his entrepreneurial spirit and eventually aligned his business acumen with his drive to generate high-impact improvement in society.
As a serial entrepreneur, Ivan Anz has businesses operating in more than ten countries. Among them is PhilanthroInvestors, Inc., a company that combines traditional venture capital financing with philanthropic principles. Ivan Anz works with those who aspire to invest money, time, and emotion into making a social impact while earning a financial return.
On this episode, Ivan joins host Ron Haik to share how he fostered his entrepreneurial spirit and eventually aligned his business acumen with his drive to generate high-impact improvement in society.
Rob Edel, Nicola Wealth Chief Investment Officer, joins host Ethan Astaneh to provide a recap on the markets in the second quarter of 2022.
Rob and Ethan discuss whether they believe stocks are overpriced, reasonably priced or attractively priced. They also break down the bond market, red-hot inflation, and critical factors to keep an eye on as we progress through the second half of the year.
Since Russia invaded Ukraine, at least 12 million people have fled their homes in search of safety. While Canada continues to help Ukrainians looking to escape the conflict, there is still much to be done to help those displaced by the war.
Father Mykhailo Ozorovych, the pastor at Holy Eucharist Ukrainian Catholic Cathedral in New Westminster, joins Chairman and Chief Executive Officer, John Nicola, to share how his church is supporting Ukrainians who are fighting in the war and helping refugees find safety and community when they get to Canada.
In this episode of the Women’s LEAD podcast, host Selena Woo is joined by Nicola Wealth Real Estate’s Director of Asset Management, Liz Firer-Gillespie, who shares her experience as a woman, business leader, and member of the LGBTQ+ community. Based on her own experience, Liz is an advocate for the LGBTQ+ community, women going through their fertility journey, women in real estate and for everyone to love and accept who they are.
On the podcast, they speak about why accepting yourself for who you are is important, her personal experience of coming out to her friends and family, how she was able to surround herself with people who empower her and how workplaces can adapt to support diverse communities.
With so many Canadians facing an important financial decision that will impact their lives for decades to come, it is essential to understand the critical aspects of the real estate market before taking the plunge into home ownership.
John Nicola, Nicola Wealth Chairman and Chief Executive Officer, joins Investing Matters host Ethan Astaneh to unpack what is happening in the Canadian real estate market. They discuss local and international markets, how real estate has performed relative to other asset classes, and finish by providing guidance on how a new entrant may approach home ownership given the unaffordability crisis.
In this episode, John references graphs to illustrate his points, while these graphs are explained in detail and are not necessary to understand the podcast, they are included below for your convenience.
GRAPHS
Host Ron Haik speaks with Jeremy Slate, CEO and co-founder of Command Your Brand, a public relations agency that harnesses the power of podcasting to help accelerate leaders and their companies.
In this episode, Jeremy shares his journey as he pivoted from a career and a life where he felt unfulfilled to becoming a top-performing entrepreneur helping other business owners hone in on their messaging and amplify their brands. He also describes how he was able to stack the odds in his favour and the top lessons he learned along the way.
Rob Edel, Nicola Wealth Chief Investment Officer, joins host Ethan Astaneh to provide a recap on the markets in the first quarter of 2022. In this episode, Rob and Ethan discuss how the beginning of 2022 presented investors with a shocking new reality and analysts' statements about the market performance by year-end. They also take the time to help us understand inflation, how central banks are reacting to it, and whether the yield curve is flashing warning signs of a recession.
Host Ron Haik speaks with John Belizaire, CEO of Soluna Computing, a company helping shape the future of renewable energy development. John is a versatile CEO and serial entrepreneur who has successfully founded and scaled multiple technology companies over a 20-year career.
They discuss John's professional journey, the inefficiencies he witnessed in the renewable energy space, and how Soluna is on a mission to reimagine the future of the grid by providing efficient energy that reduces energy poverty and enhances economic equality across the globe.
Quality sleep is the cornerstone to having a strong immune system, reducing our risk of heart attacks, strokes and cancer, maintaining our cognitive and executive functioning, and ensuring that we are emotionally balanced. The benefits of quality sleep have incredible value for us individually, which translates into an unbelievable aggregate upside for leaders and their businesses. In this episode of LEAD Impact, Chief Abundance Officer of Calm Water Lifestyles, Rick Tiedemann, sits down with Wealth Advisor, Ron Haik, to discuss his extensive experience in neuroscience and how it has helped him shape the critical ingredient to becoming a "Corporate Athlete"; sleep.
BC Children’s is the only hospital in the province devoted exclusively to the care of children. That means one million kids—including some of the sickest and most seriously injured—count on the hospital for specialized care they often can’t receive anywhere else. Last year, more than 99,000 patients visited the hospital, including its acute care centre, research institute, mental health facility and other facilities. In this episode of Philanthropy Focus, host Victoria Emslie is joined by Malcolm Berry, President & CEO of BC Children’s Hospital Foundation. Malcolm shares his personal journey which inspired him to become involved in philanthropy, his quest to help every child, family and pediatric health expert, and his vision for the future of the foundation.
Selena sits down with Carol Lee, Chair of the Vancouver Chinatown Foundation, a registered charity she co-founded in 2011, who shares more about the foundation’s mission to preserve and revitalize Chinatown in Downtown Vancouver, BC, and its neighbouring communities. Carol also shares her experience growing up as a minority woman in Vancouver, how she ultimately found her purpose and passion, how she believes we can collectively make positive change by giving back and paying it forward, and how one can build their confidence to find their voice.
CEO of Starr Peak Mining Johnathan More sits down with Senior Wealth Advisor, Ron Haik, to share how he transitioned from a role as an investment advisor to the CEO of multiple world-class companies. Johnathan discusses the importance of finding solid management, trusting in your team, and having just a little bit of luck when building a successful company.
Wealth Advisor, Ethan Astaneh, sits down with Mike Leung, Head of Corporate Strategy at Aquanow, to discuss the ever-evolving landscape of cryptocurrency. In this episode, Mike explains why cryptocurrency came into existence, some of the risks associated with it, and what we may look forward to in terms of its use as an investment vehicle and its impact on moving technology into the new age.
David Garofalo has worked in various leadership capacities in the natural resources sector over the last 30 years. He served most recently as President and Chief Executive Officer of Goldcorp Inc. until its sale to Newmont Corporation in April 2019. Now, David serves as Chief Executive Officer, President and Chairman of the board of directors of the Gold Royalty Corp.
David Garofalo sits down with Nicola Wealth President, David Sung, to share his experience in creating and growing over 15 multi-billion dollar sustainable mining businesses across multiple continents and leading the largest merger in gold mining history valued at 32 billion dollars. He also sheds some light on the state of the markets and how gold can play to your investment portfolio, his thoughts on cryptocurrencies and blockchain technology, and what he sees for the future of gold and mining.
For More Information on This Week's Episode, Visit: www.NicolaWealth.com/Category/Podcasts
Selena Woo, Vice President – Advisory Services, at Nicola Wealth, sits down with Senior Vice President – People & Culture, Heather Claridge, to discuss her path to leadership. Heather allows explains the importance of leading by example, building your employees up, how we can all be advocates in the workplace, and her vision for Nicola Wealth over the next five years.
Rob Edel, Nicola Wealth Chief Investment Officer, joins host Ethan Astaneh to provide a recap on the markets in the final quarter of 2021. In this discussion, they review the direction stocks may take in the New Year, the impact of record-breaking inflation rates, the waning political and fiscal approval, and a new COVID variant. They end the episode by exploring the benefits of a diversified portfolio in today's market.
Traditionally, alternative investment strategies were limited to institutional and ultra-high-net-worth investors. Now, as the market becomes increasingly volatile and inflation continues its climb, the alternatives space has seen a surge in interest and popularity.
On this week's episode of Investing Matters, Wealth Advisor, Ethan Astaneh sits down with Joe Burns, Managing Director and Co-Head of Research at iCapital Network to discuss alternative investments. They explore the varying degrees of risk, how it has performed in the recent past, and how it could perform in the future as markets come under pressure.
Building on their previous podcast about the Financial Lifecycle, Wealth Advisors Ethan Astaneh and Ron Haik focus on the topic of retirement. They break it down into three distinct areas; the go-go years, the slow-go years and the no-go years.
They discuss the practical implications for each phase, how to make sure you get the most and are prepared for each phase and the dialogue you should be having with your financial advisor.
Diana Zhang is the CEO and Co-Founder of NeighborShare a rapidly growing direct giving platform that empowers communities to support families within their own communities in critical moments of need.
Diana left a successful career in finance to pursue NeighborShare and has used venture philanthropy to run her charity, a model that is similar to how many tech startups operate and unique in the charitable sector. She shares what made her decide to pursue her charity full time, how she is using the venture capital model to disrupt the way charities fundraise and why it is so important to help communities support those in need.
In this episode CEO John Nicola sits down with Senior Vice President of Advisory Services Vanessa Flockton to answer some of your biggest questions on taxation and the current minority Liberal government.
They discuss a range of possible tax measures that could come out of the upcoming budget, how they think this new minority Liberal government will handle taxes moving forward, and share strategies that can be used to successfully manage tax outcomes.
CIO Rob Edel and Financial Advisor Ethan Astaneh provide a Q3 2021 Market Commentary. They discuss stock and bond markets and the pressure they have come under, as well as the impact of inflation and how it will impact all of us in different and nuanced ways.
On a global scale they also discuss the Chinese economy, the shipping crisis and what to look for with the upcoming US midterm elections.
For More Information on this Week’s Episode, Visit:
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Strategic giving involves the alignment of your long-term financial goals with your philanthropic aspirations. Before pursuing a charitable giving plan, it is important to understand the number of tax-effective strategies available to you.
If you have been making cash donations or are considering writing a cheque to your favourite cause or charity, especially if you’ve had a high-income year, there are effective tools you can implement to reduce your taxable income and ensure the greatest impact on your cause and your financial future. Hosts Ron Haik and Rick Goossen share their smarter, tax-effective giving strategies.
For More Information on this Week’s Episode, Visit:
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Host Victoria Emslie speaks with Joanne Simons, CEO of Casey House, a specialty hospital in Toronto and Canada's first and only hospital for people living with HIV/AIDS.
They discuss how Casey House has evolved from its beginnings as a hospice during the AIDS epidemic to the multidisciplinary hospital it is today. She also provides some insight on the impact of the stigma around HIV, what her team has done and continues to do to change that narrative and what we can all do to make our world more inclusive.
Having a successful business and creating a positive impact do not need to be mutually exclusive. Saul Brown, Founder and Chief Storyteller of Saul Good Gift Co. joins host Mark Therriault to share how he built a successful and profitable business that gives back.
One of the first to become a Certified B Corporation, Saul discusses what it means to build a business that balances purpose and profit and provides simple steps that any organization can take to do better.
The phrase “one man’s trash is another man’s treasure” has never had more meaning than with Plastic Bank. An innovative company that has been featured on Dragons Den and countless other media publications for using ocean plastic to combat poverty in some of the world’s poorest countries.
Host Ron Haik is joined by CEO and founder of Plastic Bank David Katz where he speaks to his thoughts on leadership, the state of the environment and how they empower local communities to combat ocean waste and poverty using blockchain technology.
The price of Financial Advice can vary greatly across the many offerings. But what are you actually paying for and how is that price determined? Host Ethan Astaneh sits down with Kyle Westhaver, Financial Advisor and Investment Manager to unpack what is the true value of financial advice, both tangible and intangible.
They discuss the different types of advice, that not all services are an apples-to-apples comparison and they walk through the value an integrated planning firm can provide.
For More Information on this Week’s Episode, Visit:
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Rob Edel, Nicola Wealth Chief Investment Officer, joins host Ethan Astaneh to provide a recap on the markets in the second quarter of 2021.
They discuss two large concerns; the COVID-19 Delta variant and global warming, including how they are similar yet different, their effects on the economy and what is being done to fight the two. They also talk about economic recovery, the threats to the markets and the benefits of immigration.
For More Information on this Week’s Episode, Visit:
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As a person hits the different phases of life, their financial needs change. In this episode, Senior Financial Advisor Ron Haik and Financial Advisor Ethan Astaneh walk through the different phases of the financial life cycle. They discuss what to consider, where you should be at and what comes next at each stage.
For More Information on this Week’s Episode, Visit:
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With the Tokyo Olympics quickly approaching, the pursuit of excellence comes front of mind as the world unites to watch our athletes achieve their goals. But how does that pursuit of excellence translate into the business world, where there is a common ambition to accomplish goals and also leave a legacy?
Host Ron Haik speaks with Adam Kreek, leading executive business coach, entrepreneur and Olympic gold medalist. They discuss his experience as a high-performance athlete, what goes into winning on the world stage, both in athletics and in business, and the important life lessons he has gained along the way.
Private Debt is a newer asset class that grew out of the 2008 financial crisis and has grown quickly since.
With all the noise surrounding private debt and working to demystify what this asset class is, Jurgen van Vuuren, Senior Director, Private Debt at Nicola Wealth joins host Ethan Astaneh. They discuss what this asset class is, the pitfalls and opportunities, and how Nicola Wealth as a firm approaches investing in this up-and-coming market.
For More Information on this Week’s Episode, Visit:
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Currently, there are over 40.2 million modern-day slaves, the most there has ever been in history. So how did this happen, and what can we do about it? Host Victoria Emslie speaks with Anu George Canjanathoppil, CEO of International Justice Mission.
They discuss Anu's personal story that led her to so passionately fight for justice, and what motivates and keeps her going in such a difficult field. They also talk about the work she and her team are doing, how they identify and have freer over 10,000 slaves and what you can do to end modern-day slavery.
As the world has moved online, having an online presence has become increasingly important. Host Mark Therriault speaks with keynote speaker and business coach Debra Jasper on how to engage your brand's audience through your presentations in a virtual format.
In this episode, they focus on presentations in the virtual world, how to effectively engage your audience even as they have the internet at their fingertips and how you can be a more effective leader in a remote workplace. You won't want to miss this insightful discussion.
For More Information on this Week’s Episode, Visit:
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Warren Buffet once said, “I want to give my kids enough so that they feel they can do anything but not so much that they do nothing." In this episode, Senior Financial Advisor Ron Haik and Financial Advisor Ethan Astaneh unpack how best to maintain that delicacy.
They discuss the life cycle and how to gift at each stage of your children's lives, including how to have those conversations. They also go into different tax vehicles and planning techniques, the best way to ensure giving is fair and uplifting regardless of circumstance, and how to handle difficult family situations such as divorce and addiction.
For More Information on this Week’s Episode, Visit:
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Host Ron Haik speaks with Robin Esrock, a successful global adventurer, travel writer, bestselling author and international TV personality who has been featured on OLN, National Geographic, The Wall Street Journal and Forbes to name a few.
They discuss Robin's journey and how an accident and an open mind started his worldwind career, the power of stepping out of your comfort zone, what he found from asking over 1700 people the same three questions throughout his travels and some exciting moments he’s had along the way.
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Rob Edel, Nicola Wealth Chief Investment Officer, joins host Ethan Astaneh to provide a recap on the markets in the first quarter of 2021 and the economic recovery.
They discuss the stock markets and potential false positives, why the real estate market has gone up despite the absence of immigration, potential inflation increases, cryptocurrency and making an environmental impact through investing.
For More Information on this Week’s Episode, Visit:
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One of the biggest changes that have resulted from the pandemic is the way businesses operate. What was originally supposed to be a few weeks of sheltering in place has now passed its one-year anniversary, completely changing the way we work.
With the uncertainties businesses, leaders and their employees have faced, burnout and decreased motivation have come to the forefront in many workplaces. So how can leaders support their teams and provide a mentally healthier work environment, especially in a virtual world?
Sasja Chomos, President of Dynamic Achievement joins host Mark Therriault to talk about self-care, burnout, performance and ways to better support both yourself and your team through these times.
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An orchestra features many moving parts, but what exactly goes into these leading a world-class symphony?
Ron Haik speaks to Otto Tausk, Musical Director of the Vancouver Symphony Orchestra and guest conductor to orchestras around the world. Otto has a rich, colourful, and impressive musical background and is a hugely respected musical personality in his native Holland, having worked with all its major orchestras and composers.
In their conversation today, Otto speaks about his upbringing and leadership style, the parallels between conducting and leadership, how he found his passion in conducting, how he leads an orchestra, his thought process around overcoming adversity and challenges, and advice for those just starting career journeys of their own.
Otto shares some powerful lessons he has learned as a conductor, what he believes leadership to truly be about, and why going outside of your comfort zone is one of the most powerful decisions you can make in your life. Don’t miss out on this insightful conversation with Ron and Otto!
Key Takeaways:
[:16] About today’s episode.
[1:03] Ron Haik welcomes Otto Tausk to the podcast!
[1:18] Did Otto always know he wanted to be a conductor? How did his musical journey begin?
[5:36] Key players and mentors that influenced Otto’s career over time as both a conductor and a leader.
[9:05] Otto shares how he leads an orchestra, insights into his own leadership style, and the lessons he has learned in leadership that have been the most impactful to him.
[14:15] Does Otto find that the process of being a guest conductor is different than being a conductor for the Vancouver Symphony Orchestra where he is the Musical Director? What are the differences and what does he find to be the best approach to take as a guest conductor?
[18:41] Otto shares his thought process around overcoming adversity or challenges as a guest conductor and leader.
[21:13] How leadership in orchestras has changed over time.
[26:52] Otto shares a career highlight that changed him forever and showed that conducting was the right career path for him.
[29:44] What would Otto share with his younger self that was about to go on this journey? What would he like to impart to young people listening in to this podcast today about their journeys they’re about to go on?
[32:27] Why it is important to go outside of your comfort zone and be open to new experiences.
[33:01] How has becoming a better conductor led Otto to becoming a better parent?
[34:56] Ron thanks Otto for joining the podcast and shares some of his key takeaways.
For More Information on this Week’s Episode, Visit:
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With the world pushed to move online, having an online presence has become even more important. In this episode, host Mark Therriault speaks with Debra Jasper, Founder and CEO of Mindset Digital.
They discuss how to build an online presence, how to engage and target your audience, as well as how you can make social media work for your business.
For More Information on this Week’s Episode, Visit: www.NicolaWealth.com/Category/Podcasts
The COVID-19 Pandemic has added another level of complexity to survivors of domestic and sexual abuse as many are forced to quarantine with their abusers. Host Victoria Emslie speaks with Dalya Israel, Executive Director of WAVAW Rape Crisis centre on the "pandemic within the pandemic" and how they have responded to this unexpected crisis.
Dalya shares how they have innovated, where they are going and what they are doing to continue their frontline victim services and educational programs to achieve their mission of a future free from sexual violence.
In our new ‘Investing Matters’ segment with host Ethan Astaneh, he is joined by Nicola Wealth CIO Rob Edel, to discuss the markets in 2020 and what he expects to see in the coming year.
They discuss what the U.S. election means for tax rates and the markets, and why they are keeping an eye on interest rates and inflation. They also discuss Bitcoin, Tesla and other key current events affecting the markets.
With so much information available, it has become harder to determine what information to base decisions on vs. what to ignore, and Rob helps piece together and highlight what we should be staying focused on.
For More Information on this Week’s Episode, Visit: www.NicolaWealth.com/Category/Podcasts
In our new Philanthropy Focus segment, Host Victoria Emslie speaks with Angela Chapman, President and CEO of the VGH & UBC Hospital Foundation.
It's no secret that hospitals have had to make big decisions and drastic changes to meet the needs of the pandemic while working to continue business as usual. So how have they struck this balance? In this episode, Angela shares how the foundation adapted through the pandemic, continues to influence innovation, prioritizes needs and where they are planning to go in the future.
For More Information on this Week’s Episode, Visit: www.NicolaWealth.com/Category/Podcasts
Host Ron Haik is joined by Nicola Wealth Financial Advisor Jordan Rose and Portfolio Manager Kazuki Nohdomi as they look into Private Equity as an asset class. They also discuss our unique approach to this asset class including what it is, how it works and why it has become a key differentiator.
For More Information on this Week’s Episode, Visit:
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Even amidst the COVID-19 pandemic our real estate team has made a significant amount of real estate acquisitions, and pivoted to see results in the market. Host Mark Therriault is joined by Director of Real Estate Mark Hannah to discuss real estate acquisitions, what he and his team are seeing in the marketplace and what opportunities have presented themselves over the past unprecedented year.
For More Information on this Week’s Episode, Visit:
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Show Summary:
Mark Therriault is joined by Brian Paes-Braga, a successful entrepreneur, businessman and mental health advocate. At only the age of 32, Brian has already started and sold his company, Lithium X, for $275 million. A company he founded in 2015 when he was just 26 years old.
In their conversation, Brian shares how he became such a successful entrepreneur, from working in fast food to dropping out of college and becoming a stockbroker, along with the pitfalls, challenges, and hardships that came along with dedicating so much of his life to business. He also offers his advice to other entrepreneurs on how they can set their company apart, push their vision and mindset forward, and find success.
For more information on this episode, visit: www.NicolaWealth.com/Category/Podcasts
Show Summary:
Rob Edel, Nicola Wealth Chief Investment Officer, joins host Ethan Astaneh to provide a recap of the markets in the third quarter of 2020 and his view on where the markets will go as a result of the US election.
They discuss the equity market reaction to the US election and how COVID-19 will play a factor as we continue to work towards a vaccine. They also address what to make of the low and prolonged interest rate environment and provide an update on the economic trajectories in China, Europe and Canada.
For more information on this episode, visit: www.NicolaWealth.com/Category/Podcasts
Show Summary: A cancer diagnosis is devastating for anyone—but when it is a child, it’s indescribable. In this episode, host Ethan Astaneh speaks with Dr. Caron Stralendorf, Head of the Division of Pediatric Hematology/Oncology/Bone Marrow Transplantation at BC Children’s Hospital.
Dr. Stralendorf shares her journey in medicine, from growing up in South Africa to specializing in pediatric oncology. She also discusses how far the medical field has come with respect to treating children with cancer and the groundbreaking research her team is doing at BC Children’s with genetic testing.
Additionally, Dr. Stralendorf discusses what motivates her in such a difficult field, what it’s like working with families as they go through one of the most unimaginable experiences and how you can help support the life-saving work they are doing at BC Children’s Hospital to reach their vision of a future free of childhood cancers.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Show Summary: Victoria Emslie, Manager of External Relations at Nicola Wealth speaks with Ryan O’Quinn, BC’s Regional Director of the Leukemia and Lymphoma Society of Canada (LLSC), and Pat Alexander, the 2020 Honored Hero for the Vancouver Light the Night walk.
They discuss the work the LLSC is doing to support patients and help find a cure for the over 137 different types of blood cancers, as well as the many milestones that have been reached in the journey for a cure. Pat also shares his personal story of diagnosis and recovery, how he channels his own experience to help those who have been recently diagnosed, and the volunteer work he is doing with the LLSC.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Host Ron Haik is joined by Arts Umbrella President and CEO Paul Larocque, Associate Artistic Director of Theatre, Music & Film Andy Toth, Arts Instructor Riba Kalb and Ben Waters, a dance student with the Arts Umbrella Post-Secondary Program.
They discuss what it means to have access to the arts and the value of an arts education. They also discuss how Arts Umbrella was able to improvise to allow students to perform and sing together safely throughout the COVID-19 pandemic, and how working in and with the arts has made an impact in all the guests lives and their communities.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Host Ethan Astaneh speaks with Kristina Boyer, Clinical Nurse Specialist at Canuck Place Children's Hospice. Kristina explains who Canuck Place helps, how specifically they provide a safety net to children in their care, how they overcome the challenges of providing support in remote locations and throughout the pandemic, and how our listeners can contribute in an impactful way.
Canuck Place Children’s Hospice is the pediatric palliative care provider for children in BC and the Yukon, looking after some of the most medically complex and fragile children and their families in Western Canada with life-threatening illnesses.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Show Summary:
Host Mark Therriault speaks with Ben Jang, Portfolio Manager at Nicola Wealth focused on debt instruments. In today’s conversation, they discuss preferred shares, which has been a hot topic over the last several months because of changes in the marketplace.
Ben gives a breakdown of this asset class and explains how the changes in the marketplace in the last several years have impacted it. He also touches on the new issue that RBC recently came out with that could potentially replace preferred shares as a whole, explaining the key differences between this new issue vs. rate resets (the predominant player in the current preferred shares market).
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Show Summary:
Jessica Arakgi, Nicola Wealth Financial Advisor, speaks with Dr. Peter Adamson. Dr. Adamson is a Head and Neck Plastic Surgeon. He is recognized both nationally and internationally for his surgical techniques, teaching, and leadership.
In 1996, he founded the Face the Future Foundation and has since been leading medical missions to treat advanced medical cases in the developing world. For nearly 25 years, Face the Future has been providing life-changing facial reconstructive surgery to disadvantaged youth around the world.
In today’s conversation with Jessica, Dr. Adamson discusses how and why he founded Face the Future, what the medical missions he goes on are like, and why he does (and continues to do) the work that he does. Dr. Adamson also offers some invaluable wisdom for those looking to make a big impact in the world and shares some of the biggest lessons he has learned through leading his foundation.
For more information on this episode, visit: www.NicolaWealth.com/Category/Podcasts
Show Summary:
Host Ron Haik, Senior Financial Advisor and Ontario Regional Manager at Nicola Wealth, is joined by Geoffrey Pegg, Director of Sustainability, Utilities and Energy Management at TELUS.
Geoff shares how he began his career within the industry and how it has evolved over the years, how companies can have a greater impact with their sustainability efforts, and his thoughts on what responsibilities corporations hold with regards to working towards sustainability.
Geoff also gives advice for those looking to make a career in this fast-growing sector, how he sees corporate social responsibility and sustainability initiatives headed in the future and his suggestions on how corporations can face the current challenges and constraints in the sustainability sector.
For more information on this episode, visit: www.NicolaWealth.com/Category/Podcasts
Show Summary:
Rob Edel, Nicola Wealth Chief Investment Officer, joins host Ethan Astaneh to provide a recap of the markets in the second quarter of 2020.
He discusses the unexpectedly quick recovery of stock markets, the upcoming US election, geopolitics, and some of the long-term challenges still facing us in the aftermath of COVID-19. He also addresses how the US-China trade relationship has developed, the unique challenges we are facing in Canada, developments in the energy markets, and how the current dynamic between China and Hong Kong may impact financial markets.
For more information on this episode, visit: www.NicolaWealth.com/Category/Podcasts
Host Mark Therriault is joined by Margaret Mason, a lawyer with 35 years of experience advising donors, charities and other tax-exempt organizations and their boards.
Mark and Margaret discuss the similarities and differences between donor-advised funds and foundations and how to create giving strategies for individual families. Margaret also shares invaluable insights on the importance of timing when it comes to giving, the variety of services that provide assistance to donors, what you should consider with regards to due-diligence when looking to give to charities, and what you need to know about tax benefits.
For more information on this episode, visit: www.NicolaWealth.com/Category/Podcasts
CEO John Nicola, interviews Dr. Daniel Crosby; a Psychologist, behavioral finance expert, and New York Times best-selling author who helps organizations understand the intersection of the mind and markets.
In their discussion today, they talk about the markets so far this year; it's effect on investor behavior, including the perversity of risk; and the psychology behind success. Dr. Crosby explains the four consistent types of behavioral risk, the three pieces we need to have in place to be able to make real changes in our behavior, what cognitive dissonance is and how it applies to the way investment decisions get made, and how someone can objectively measure how successful they are as a behavioral investor.
For more information on this episode, visit:
www.NicolaWealth.com/Category/Podcasts
Nicola Wealth CEO, John Nicola interviews actor, theatre and opera director Christopher Gaze.
Christopher is the founder, and current Creative Director, of Bard on the Beach — a Shakespeare festival set on the ocean in Vancouver, which has grown into one of the largest professional theatre companies in Canada. Additionally, Christopher has lent his voice to numerous animated films and TV series and hosts the Vancouver Symphony Orchestra’s popular Tea & Trumpets series.
In their discussion, John and Christopher discuss his personal journey, the arts sector in Canada, what it is like to be a theatre and voice actor and how COVID-19 has impacted the arts.
For more information on this episode, visit:
www.NicolaWealth.com/Category/Podcasts
Jay Seabrook, Chief Operating Officer and Co-Founder of Enriched Academy joins host Mark Therriault to discuss how he and his team are working to fill that gap in Financial Literacy. In this episode, Jay shares his incredible story of entrepreneurship, from being in immense debt, to teaming up with his co-founder, Kevin Cochran, and appearing on Dragons Den. They also discuss his motivation for starting Enriched Academy, how it has developed over time and the importance of financial literacy at a young age.
For more information on this episode, visit:
www.NicolaWealth.com/Category/Podcasts
In this two part series, host Mark Therriault speaks with Portfolio Manager Simon Carlsen about investing in Commercial Mortgages as an asset class and how it has been affected by the COVID-19 pandemic.
In part two, they discuss how the first six weeks of lockdown have been on this asset class, how loan repayment has been the last two months and what Simon sees for the near and long term future.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
In this two part series, host Mark Therriault speaks with Portfolio Manager Simon Carlsen about investing in Commercial Mortgages as an asset class.
In part one, they go into the inner workings of how the mortgage pools work, what types of loans are involved and how cashflow is generated from this asset class.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Rob Edel, Chief Investment Officer at Nicola Wealth, provides a Market Commentary with host Ethan Astaneh. Together, they look back at Q1 2020 and the journey the markets have taken this past quarter.
They discuss why and how the markets fell so quickly, the specific challenges facing the oil and energy sector and what this means for the upcoming US election. They also cover the global economic recovery and what that will ensue.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
As the markets fluctuate and many lose their jobs, one's relationship with money comes to the forefront. Host Mark Therriault speaks with Chantel Chapman, founder of What the Finances and Co-Founder of Trauma of Money about her approach to mindful money management, a mix between psychology and financial literacy helping improve clients' relationships with their finances in a deeper way.
They discuss Chantel's journey as an entrepreneur and what mindful money guidance really is, including the impact of past money experiences, the six pillars that play into one's relationship with money and how addressing those paired with financial literacy can change how you live your life.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
The COVID-19 pandemic has created the most volatile global equity markets in history. So what does this environment mean for real estate as an asset class?
Nicola Wealth Director of Real Estate Mark Hannah and Director of Acquisitions Alex Messina join host and Financial Advisor Mark Therriault to discuss what they are seeing in the marketplace, what are the opportunities and headwinds they see coming and what they expect to see in the future.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
With the number of cases increasing daily, will we ever find a solution? Host Ethan Astaneh, speaks with Dr. Gary Wong and Dr. Rob Kozak about the process, the challenges and the journey to creating a vaccine for COVID-19.
Dr. Kozak is a Clinical Microbiologist working out of Sunnybrook in Toronto. It was his team that isolated the COVID-19 virus, making the vaccine possible. Dr. Wong is a Virologist and faculty member of Infectious Disease Research at the University of Laval. He’s currently in China where he traveled to work on the frontlines, running a testing centre near Hubei, while studying the virus.
Focused on COVID-19 now, both worked on the team that developed the Ebola vaccine and provide a unique perspective on creating a vaccine in the midst of a pandemic.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Host Mark Therriault speaks with Nicola Wealth CEO John Nicola, and Chief Investment Officer, Rob Edel about the COVID-19 Coronavirus and look at how it’s currently impacting the global economy and markets.
They discuss their predictions for the future, possible opportunities, what investors can do to protect themselves going forward, and much more.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Host Ethan Astaneh, sits down with Dalya Israel, Executive Director of WAVAW Rape Crisis Center. They share an eye-opening discussion around her own journey, how WAVAW aids survivors, her thoughts on social movements (such as the #MeToo movement), the biases she witnesses that are embedded in society, and how WAVAW and everyday people are making a broader social impact.
WAVAW not only supports survivors of sexual violence but strives to shift society as a whole and create a future free from sexualized violence all-together. They provide support services for survivors such as one-on-one counseling and support groups, supporting them through navigating the medical and legal system, as well as providing a 24-hour crisis and information line. Through their work in advocating for social and systemic change, they also train teachers and provide high school and post-secondary workshops.
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Show Summary:
Ron Haik, Nicola Wealth’s Ontario Regional Manager, speaks with Rob Wildeboer, Executive Chairman and Co-Founder of Martinrea International Inc., a global auto parts supplier with over 12,000 employees in the United States, Canada, Mexico, Brazil, Europe, and China.
In this episode, Ron and Rob cover a number of topics related to entrepreneurship. They discuss why he built the organization, how he built it, and the core values that have allowed Martinrea to succeed.
Rob also shares how they maintain a shared vision with their international teams, the key players that have influenced his career as an entrepreneur, and the key traits that make up a successful entrepreneur.
Key Takeaways:
[:28] About today’s episode.
[1:31] Rob tells the story of how he got started in the automobile parts industry as an entrepreneur.
[4:30] What continues to inspire and motivate Rob as an entrepreneur?
[5:45] Rob highlights some of the core values that allow Martinrea to succeed.
[7:49] How do they maintain a shared vision with their international team?
[10:50] Rob speaks about some of his mentors and the key players that have influenced his career.
[12:56] Rob speaks about the importance of maintaining relationships within your profession.
[15:07] How does Rob handle challenges?
[16:54] How Rob focuses and recharges when life and work get busy!
[19:50] Rob gives his advice for entrepreneurs and highlights key traits of successful entrepreneurs.
[23:14] If Rob could start his career over, what would he do differently? Overall, how does he feel about his career progression?
[26:48] What would Rob tell his high school self about the journey he is about to embark on? He also shares how Martinrea supports students in high school through a co-op.
[29:58] Ron thanks Rob for joining the podcast and sharing his insights.
Mentioned in this Episode:
Martinrea International Inc.
Guest Bio
Rob Wildeboer
Rob Wildeboer is the Executive Chairman and co-founder of Martinrea International Inc., a global auto parts supplier specializing in automotive fluid systems and metal forming products. The firm has over 12,000 employees in 50 divisions in the United States, Canada, Mexico, Brazil, Europe, and China. Previously, Rob was with Stikeman, Elliot as a lawyer, as well as an Associate Professor of Law at Osgoode Hall Law School, and a regulator with the Ontario Securities Commission.
For his full bio, visit: MacdonaldLaurier.ca/About/Who-is-Involved/Rob-Wildeboer
About Your Host — Ron Haik
Ron Haik is a Senior Financial Planner in the firm’s Toronto office, with over 20 years of experience in the financial services industry. He has gained a breadth of experience working with some of the world’s largest financial institutions advising clients in a variety of roles, such as Financial Planner and Investment Advisor, in the areas of domestic and offshore planning for the high net worth segment.
For his full bio, visit: NicolaWealth.com/Our-Team/Ron-Haik
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Show Summary:
Host Ethan Astaneh speaks with Jeff Ryan, Portfolio Manager of Nicola Wealth’s Sustainable Innovation Fund. Over the years, Nicola Wealth has received increasing interest from its clients to have more options to make purpose-driven investments. In many of these conversations, clients expressed a desire to invest directly into the companies and industries that are focused on renewable energy, clean technologies, as well as those operating
sustainably.
While Nicola Wealth has made investments in these funds through their various others, they now have a mandate that’s specifically dedicated to it.
In this episode, Ethan and Jeff are explore what it means to make sustainable and innovative investments — specifically surrounding renewable energy, innovative transportation, water infrastructure, and clean technology. They discuss the benefits of investing in these spaces, current developments, and some of the advantages available to the companies and industries that adopt them.
Key Takeaways:
[:33] About today’s episode.
[1:06] Ethan welcomes Jeff Ryan to the podcast.
[1:09] What renewable energy is.
[1:54] How solar and wind work to produce energy.
[2:41] Are existing companies exploring these alternative energy sources or are only
brand new companies giving them a try?
[3:53] Is it going to take a while for renewable energy sources to become a more
popular alternative? What are some of the challenges that are preventing companies
from taking the leap to renewable energy?
[4:42] Jeff gives his take on the current status of innovative transportation and what he categorizes as innovative transportation beyond electric vehicles.
[6:26] Are there any developments with regards to rail transportation? Is it considered innovative transportation?[7:21] Does Nicola Wealth’s Sustainable Innovation Fund’s water infrastructure include
clean or dirty water — or both?
[8:14] Which kinds of companies are involved in the space of water infrastructure?
[9:18] Will the efficiency of water infrastructure become more important as populations expand?
[9:48] Are there any specific technology that’s being developed in regards to water infrastructure?
[10:38] Are the companies that operate in these various themes typically distinct? Which are the outliers?
[11:57] The next theme Nicola Wealth invests in is clean technology. Jeff describes what it is and gives some examples.
[14:27] Whether it’s the federal, provincial, or national government, how they are involved and how does it impact the companies? Do they get tax credits or tax breaks?
[16:01] Jeff describes what the next theme, green bonds, is.
[17:10] Is the basic premise that as an investor part of your return is knowing that you are making a difference or is it more competitive than that?
[17:49] In terms of the themes Ethan and Jeff have discussed, are there any in particular that Jeff sees as advancing or ahead of the rest in terms of its investment opportunities?
[18:32] Jeff talks about where we are currently in this long story of a movement towards sustainable and innovative investment.
Mentioned in this Episode:
Bloomberg New Energy Finance (BNEF)
Guest Bio
Jeff Ryan is the Portfolio Manager of Nicola Wealth’s Sustainable Innovation Fund. Jeff joined the Nicola Wealth Portfolio Management Team in October 2015 after playing the integral role of Portfolio Trader on our Investment Services Team. When joining Nicola Wealth in 2013, Jeff brought his experience working as an Associate for one of Canada’s major financial institutions.
For his full bio, visit: NicolaWealth.com/Our-Team/Jeff-Ryan
About Your Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals, and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business
succession, and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Show Summary:
Rob Edel, Chief Investment Officer at Nicola Wealth, joins the Wealth Exchange podcast to provide a Market Commentary with host Ethan Astaneh. Together, they will be taking a look back at Q4 2019 and what 2020 has in store for the markets.
They discuss the key themes on the market and what that means for the 2020 markets. This includes the continuing trade war, the 2020 election, future economic and the monetary policy, and some of the current headlines.
Key Takeaways:
[:32] About today’s episode.
[:51] Ethan welcomes back Rob Edel to the podcast.
[:56] Rob brings listeners up to speed on the U.S.-China trade war, explains what has developed over the last quarter, and gives his predictions for the market next year.
[3:18] In Rob’s last commentary, he made reference to the U.S.-China trade war almost being a ‘cold war’-type long arc story in that it’s a competition in many aspects. Is that one of the reasons why Rob feels this trade war is going to be such a long arc story?
[4:25] Rob gives some updates and predictions on the upcoming 2020 U.S. election.
[6:36] Which markets will be most impacted due to the trade war, the 2020 election, the economy, and the monetary policy?
[7:53] Rob explains what is currently giving him confidence in the economy and why he doesn’t see a recession in the future.
[8:37] Rob highlights some notable factors that listeners should be aware of from an economic perspective outside of the U.S.
[10:15] Rob explains what could lead to inflation.
[12:55] Rob and Ethan touch on some events in current headlines, such as heating up in the Middle East and the conflict now with the U.S.’s involvement.
[14:53] Continuing to take a look at current headlines, Rob shares his current thoughts on Brexit.
[15:43] Lastly for current headlines, Rob speaks about climate change and the brush fires of Australia.
[16:52] Ethan thanks Rob for his time today and wraps up this week’s episode.
Mentioned in this Episode:
The Wealth Exchange Episode: “Market Commentary: Slowing Global Growth and the Upcoming U.S. Election”
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth.
Before joining the team at Nicola, Rob spent nine years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: NicolaWealth.com/Our-Team/Rob-Edel
About Your Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals, and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business succession, and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Show Summary: Host Ethan Astaneh speaks with Treana Peake — business owner, entrepreneur, and philanthropist.
An act of kindness set Treana on a philanthropic path when she was only eight years old, when an envelope of money was anonymously slipped under her family’s front door. For Treana and her mother, that envelope was everything when they had nothing. When the envelope kept anonymously coming every year, this set Treana on a mission to pay it forward.
She started the Obakki clothing line in 2005. Based in Vancouver, the luxury label is an extension of Peake and has been seen on celebrities like Gwyneth Paltrow and Kate Hudson, and has been featured in international publications such as Vogue UK and Elle.
In 2009 the Obakki Foundation was formed, with a focus on bringing clean water, education, sustainable agriculture and medical care to parts of Africa, in particular South Sudan, Uganda and Cameroon. Since 2009 the foundation has provided 900 water wells and supported more than 12 schools improving the lives of over 3 million people. Bridging the two, all administration costs for the foundation are absorbed with profits from the clothing line.
In this episode, Treana shares her incredible journey in both entrepreneurship and philanthropy, and how she has been able to seamlessly combine the two. She also provides tips on how parents can involve their children in their own philanthropic journey, as well as the many incredible success stories and the challenges that she and her team face through the work they do at the Obakki Foundation.
Key Takeaways: [:30] About today’s episode.
[1:00] Ethan welcomes Treana Peake on to the show!
[1:04] Treana shares the story that paved her path to philanthropy.
[3:58] How did Treana begin to give back after the seed of philanthropy was planted for her?
[5:15] Treana speaks about the clothing line she started.
[6:36] How does Treana manage running a business along with her philanthropic efforts through her foundation? And how does the Obakki fashion brand help support the charity?
[7:57] Treana speaks about what the Obakki Foundation was like in its early days and how it has developed into what it is today!
[9:52] What is on Treana’s roadmap for the Obakki Foundation? And of the work they’re doing right now through the charity, what is she most excited about?
[13:12] What led Treana from being charitable in her local community to pursuing efforts in Africa?
[14:28] What was Treana’s first trip to Africa like? How is the back-and-forth travel for her now?
[15:33] Treana shares her journey of raising awareness through her speaking engagements.
[18:10] Does Treana find that there’s a ripple effect in the work that she’s doing? (i.e. is the seed of philanthropy being planted in those she’s helping as well?)
[20:02] Treana debunks some common misconceptions around philanthropy.
[21:55] How does Treana instill the commitment to philanthropy in her own children?
[24:15] Treana gives some ideas on how to help get your children more inspired and involved in philanthropy.
[26:08] How philanthropy actually helps you personally and professionally in your other endeavors.
[27:40] Does Treana ever plan on stopping her philanthropy work?
[29:01] If Treana could deliver a message to her younger self, what advice would she impart?
[30:37] Treana speaks about some of the individuals and entities that helped make her foundation and mission possible.
[32:11] Ethan thanks Treana for joining the podcast!
Mentioned in this Episode:
Obakki Foundation
Obakki (Fashion Brand)
Unicef
The Carter Center
Guest Bio Treana Peake
Treana Peake is an entrepreneur, speaker, and humanitarian who is inspired by the potential of people. An act of kindness set Treana Peake on a philanthropic path when she was only 8 years old, when an envelope of money was anonymously slipped under her family’s front door. For Treana and her mother, that envelope was everything when they had nothing.
Treana started the Obakki clothing line in 2005. Based in Vancouver, the luxury label is an extension of Peake and has been seen on celebrities like Gwyneth Paltrow and Kate Hudson, and has been featured in international publications such as Vogue UK and Elle.
In 2009 the Obakki Foundation was formed, with a focus on bringing clean water, education, sustainable agriculture and medical care to parts of Africa, in particular South Sudan, Uganda and Cameroon. Since 2009 the foundation has provided 900 water wells and supported more than 12 schools. All administration costs for the foundation are absorbed with profits from the clothing line.
Having travelled to Africa over 60 times, Treana continues to facilitate sustainable solutions such as vocational farms, solar panel water systems and educational support that help the people she now calls family.
Recognized as an influential speaker in the field of social entrepreneurship, Treana has spoken about clean water solutions in front of the U.S. Congress and United Nations. Her work in the field has also been recognized and endorsed by UNICEF and The Carter Center. Treana believes that giving back can be a part of every person’s life. Her approach to philanthropy seeks to modernize the idea of charity, making it relatable and allowing everyone to play a role in sustainable social impact.
Her efforts have brought water to 2 million people and she has supported the educational needs of thousands of children.
For her full bio, visit: ObakkiFoundation.org/Meet-the-Founder
About Your Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals, and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business succession, and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Show Summary:
Host Ethan Astaneh is speaks with Nicola Wealth Portfolio Manager, Ben Jang, who manages the Alternative Strategies fund.
Together, Ethan and Ben discuss what investing alternative strategies means. Ben not only gives listeners a high-level summary of this lesser understood asset class, but also provides tangible examples and weaves the high-level understanding with the tactical strategies being employed — ultimately, providing listeners with better clarity into how Nicola Wealth’s money in this fund is being invested.
Key Takeaways:
[:33] About today’s episode!
[1:02] Ethan welcomes Ben Jang on to the podcast.
[1:20] What is the role of alternative strategies in a portfolio? What is it trying to achieve?
[3:02] Ethan and Ben recap the role of alternative strategies in a portfolio.
[3:31] Within the alternative strategies category, it is a bit of a melting pot. Ben gives a rundown of the different strategies within it starting with a multi-strategy hedge fund strategy.
[7:45] What a global macro strategy is.
[8:10] Ben explains another type of strategy with the alternative strategies category: an event-driven strategy.
[12:57] Ben explains what future funds are (which are another strategy within the multi-strategy fund).
[15:13] How are these types of investments generally delivering their returns? Are these investments generally paying a regular cash flow or is the value fluctuating up and down?
[16:50] Generally, are these types of investments trying to behave like fixed income where, regardless of the form of the investment income, they’re trying to deliver some form of cash flow?
[17:35] In the current market environment, how does Ben, as a Portfolio Manager, determine how much Nicola Wealth should have in each of the strategies?
[22:33] When Ben is vetting managers, is he looking for alignment in his world view or is he looking diversification rather? And how tactical is he trying to be when picking these groups?
[23:42] Ethan and Ben highlight the importance of trusting your group of managers’ processes as the environment is always changing.
[25:14] Ethan thanks Ben for joining the podcast!
Guest Bio
Ben Jang
Ben joined Nicola Wealth in September 2012 with extensive experience working for several multi-billion dollar investment management firms focusing on global equity, GTAA, and market neutral funds. Most recently, he was on the institutional portfolio management team of a Vancouver-based firm and was responsible for quantitative strategies and optimization of portfolios.
For his full bio, visit: NicolaWealth.com/Our-Team/Ben-Jang
About Your Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals, and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business succession, and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Show Summary:
Host Ethan Astaneh speaks with Jason McLennan, a prominent figure in the green building movement.
Jason is a highly sought designer, consultant, and thought leader around the world — even referred to as the ‘Steve Jobs’ of the green building industry. His company, McLennan Design, was formed with a clear overarching purpose: to make a significant positive change in the world, with a particular focus on deep green, regenerative design solutions.
In their discussion today, Jason explains what a living building is and why it is so important in the global effort to tackle climate change. He elaborates on how individuals and organizations can achieve the status of a living building, what it is like working on a living building (as well as living in one), how technology intersects and whether or not it is possible to upgrade a pre-existing structure into a living building.
Key Takeaways:
[:33] About today’s episode.
[1:22] Jason explains what a green building is and distinguishes the differences between it and a living building.
[2:19] Jason explains the analogy that "a building is like a flower," that he mentioned in his TEDx Talk.
[4:14] Jason explains the Living Building Challenge and the Living Community Challenge.
[5:47] How do you achieve the status of a living product or a living building? Is it a call-to-action or a certification?
[7:20] Jason gives an example of a well-known living building.
[8:28] Who is leading this global effort and who is supporting it?
[10:03] How did Jason end up getting involved with living buildings? And what sorts of resistance and obstacles has he encountered along his journey?
[12:16] As the CEO of McLennan Design, is Jason actively designing and building these living buildings?
[13:29] What is it like living or working in a living building? Do you have to change your standard of living at all or compromise design?
[15:33] Jason highlights some common misconceptions about living buildings.
[16:29] The cost of creating a living building.
[17:49] Is it possible to improve pre-existing buildings to make them more green and ‘living?’
[19:10] Does there have to be a specific geographic setting in order to make living buildings work?
[21:56] How does technology intersect with living buildings?
[23:05] How are the teams assembled for these living building projects?
[24:23] Are schools beginning to teach and embrace the ideas that stem from living buildings?
[25:37] Are governments doing anything right now to incentivize the building of these green and living buildings?
[27:17] Jason recaps today’s discussion and reiterates why living buildings are incredibly important — especially in today’s environment.
Mentioned in this Episode:
McLennan Design
Nicola Sustainable Innovation Fund
“Living Buildings for a Living Future | Jason McLennan | TEDxBend” (Video)
LEED (Leadership in Energy and Environmental Design)
Living Building Challenge
Living Community Challenge
Living-Future.org
Bullitt Center
Bullitt Foundation
Guest Bio
Jason McLennan
Jason is a highly sought out designer, consultant, and thought leader around the world — even being referred to as the ‘Steve Jobs’ of the green building industry. He is the Founder and Chair of the board of the International Living Future Institute and Cascadia Green Building Council, a chapter of both the United States Green Building Council and the Canada Green Building Council.
His company, McLennan Design, was formed with a clear overarching purpose: to make a significant positive change in the world, with a particular focus on deep green, regenerative design solutions as their means. They exist to be change agents — using design and consulting as a powerful tool for transformation.
Jason is the recipient of numerous industry awards and in 2012 was also appointed to join Deepak Chopra, Dick Gephardt, Mel Matinez and Terry McAuliffe on the advisory board of Delos, a wellness real estate development firm founded by Paul Scialla. He is also member of the Clinton Global Initiative.
For his full bio, visit: McLennan-Design.com/About/Jason-F-McLennan
About The Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals, and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business succession and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
Show Summary:
Dr. Younger is an Orthopaedic Surgeon and Specialist at Footbridge Clinic and St. Paul’s Hospital in Vancouver, BC. He is also a Professor at the University of British Columbia where he leads the Foot and Ankle Research Office.
Dr. Younger moves the needle meaningfully with regards to health — not just in his own, direct work, but in his involvement in research and medical databasing which he has helped pioneer internationally. Orthopedic surgery is the largest surgical service in British Columbia — but this is not a well-known fact. Using new technology, he and those he works with, are improving patient outcomes meaningfully.
Dr. Younger builds a compelling case on why this area, in particular, deserves more attention. Tune in to hear more about Dr. Younger’s work in the areas of orthopedics, some of the incredible strides he has made in the space, the challenges he sees for both the patients and the clinics/hospitals looking to treat them, and how philanthropy can solve many of these issues and challenges.
Key Takeaways:
[:29] About today’s episode.
[1:40] Host, Ethan Astaneh, welcomes Dr. Alastair Younger to the podcast!
[1:45] How did Dr. Younger first get involved with medicine? What has his career journey been like?
[2:41] What brought Dr. Younger to North America?
[3:46] How the space of orthopedics has evolved over the past few decades.
[5:03] Dr. Younger provides some background on a recent article about a motorcycle accident that led to a transformational recovery by an orthopedic surgeon.
[9:00] What are some of the challenges that patients and their families are facing as they try to seek care in the space of orthopedics?
[11:18] What are some of the challenges patients might face in terms of diagnosing the issue, wait times, and treatment?
[13:55] How Dr. Younger is helping move the needle in addressing these issues (especially in regards to wait times).
[16:00] The challenges Dr. Younger has faced in addressing these issues.
[18:20] By moving into this model with clinics, what are the benefits for hospitals?
[19:38] Why can’t this model be easily blueprinted? What are some challenges in trying to blueprint this model?
[22:39] Can philanthropy help solve a lot of these issues for what clinics need?
[24:45] How can someone support these efforts or contribute specifically to the expansion of the Footbridge Clinic and St. Paul’s Hospital?
[28:28] The importance of focusing on research in the space.
[33:19] Dr. Younger leaves the podcast with some fantastic parting thoughts around the impact and value of giving towards the healthcare system.
[36:44] Ethan Astaneh thanks Dr. Younger for joining the podcast as well as for his contributions in healthcare!
Mentioned in this Episode:
Footbridge Clinic
St. Paul’s Hospital
“B.C. motorcyclist who collided with deer walks again thanks to 3D-printed bone replacement,” by Pamela Fayerman (Vancouver Sun Article)
Footbridge Foundation
Guest Bio
Dr. Alastair Younger
Dr. Alastair Younger is an Orthopaedic Surgeon. His areas of specialty are in joint replacement, foot, and ankle. Dr. Younger is also a tenure track professor at the University of British Columbia in recognition of his role as a researcher and teacher and is the head of the Distal Extremities division at the University of British Columbia. At the University of British Columbia, he leads the foot and ankle research office. He is also currently the President of the British Columbia Orthopaedic Association (BCOA).
Dr. Younger is active on many committees at the Canadian Orthopaedic Association and the American Orthopaedic Foot and Ankle Society and has been in practice for 21 years at St. Paul’s hospital where he initiated the foot and ankle program.
Dr. Younger has dedicated his research efforts into trying to improve the experience of surgery for patients by improving outcomes and reducing adverse events.
For his full bio, visit: FootbridgeClinic.com/Team/Dr-Alastair-Younger
About Your Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business succession and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Host Ethan Astaneh, Nicola Wealth Financial Advisor, speaks with Chief Investment Officer Rob Edel to provide a market commentary on Q3 2019.
Rob provides a market update and discusses factors that are impacting markets leading to slowing global growth, including the continuing trade war, the upcoming U.S. election and the policy uncertainty that comes along with that outcome.
Key Takeaways:
[:55] Ethan welcomes Rob back to the podcast.
[1:14] Rob provides a recap and an update on the situation between the U.S. and China and the status of the trade tensions.
[3:43] What Rob has been paying attention to in the last few months in regards to key economic indicators to identify the health of the global economy.
[5:18] Does Rob view the timing of a recession being influenced by what’s happening in the interest rate cycle?
[6:22] Does Rob think that if we continue to stay in this low interest rate environment that a recession would be less imminent?
[8:02] Rob elaborates on why investors should be careful to not be too bearish in their stance as to not de-risk their portfolios too much in anticipation of a recession.
[9:09] Are there any developments that Rob has identified as issues that markets wouldn’t exactly be very good at pricing in or, with there being so much uncertainty around them, that it would be too difficult to do so?
[10:45] As we navigate forward, what type of considerations will drive how we’re positioning with regards to stock market investing? Is this a time to be focusing on the defensive sectors or is there a more preferable approach to take?
[11:42] Rob speaks about how yield-oriented investments would generally function as we transition into and through a recession (and why we hold onto them.)
[12:42] Rob gives his predictions on some of the key economic things that Canada will be facing over the next several years considering the approaching election.
[14:12] Would it be a fair statement to say that negative interest rates are still largely a conceptual construct?
[15:25] Rob gives his thoughts on the evolving area that is climate change.
[17:20] How Rob sees the next several months panning out from the perspective of the trade war and what certain outcomes in the U.S. election might mean.
[19:10] Rob speaks about the role that private assets have in a portfolio (as opposed to publicly traded assets) and the value of holding those types of assets.
This week on The Wealth Exchange, David Sung, President of Nicola Wealth Management, will be your host. He’s kicking off a new segment called ‘Lead Impact,’ where they’ll be meeting with successful leaders to learn how they use their influence to create impact and inspire change within their community and beyond.
For their first guest on this new segment, David is joined by Frank Giustra — businessman, philanthropist, and mining pioneer. Frank is the CEO of the Fiore Group of Companies; a private firm managing a broad portfolio of private equity investments in companies specializing in food and lifestyle, art and entertainment, and has a proven track record in financing and building natural resource companies. Frank’s entrepreneurial successes include founding Lionsgate Entertainment (now one of the world’s largest independent film companies).
During this episode, David and Frank discuss the markets and the recent attraction to gold, his advice for living a balanced life (including how he teaches his kids about wealth), and his strategy for philanthropy. Tune in to hear Frank’s invaluable insight on how he uses his influence to create impact and inspire change!
Key Takeaways:
[:29] David Sung speaks about The Wealth Exchange’s new segment: Lead Impact, and introduces the special guest this week, Frank Giustra.
[1:32] David welcomes Frank on to the podcast.
[2:42] Frank gives some background on how he got started in the precious metals space and became interested in gold in particular.
[9:09] A bank in Denmark was the first to issue a negative interest rate mortgage. This may seem like a great thing for a homeowner, but as Frank explains, it might not be all good.
[11:52] Frank’s thoughts on the public equity market.
[13:27] In addition to gold as a hard asset, where else does Frank recommend someone put their capital? Would real estate be a consideration? And what percentage of someone’s portfolio should be in gold?
[14:35] Frank has been quoted to say that gold will reach new highs in this phase and cycle but also faces an ugly future. He elaborates on what he meant by that. Are we looking at a large percentage drop in the market?
[20:11] Should we be stocking up on physical gold?
[22:20] How does Frank recommend we prepare the next generation for the future economy and the transition of wealth, both as an investor and as a parent?
[26:40] Frank reveals the five secrets to living a balanced life.
[35:35] With so many people in the world who need help and support, when is it okay to stop or take a break for your own wellbeing? And where is he currently at with other crises is he involved in (such as the crises in Syria and Venezuela)?
[42:56] When does family and philanthropy cross over for Frank? And when did he begin to engage his children in doing philanthropy themselves?
[46:06] Frank explains his approach to philanthropy as well as his succession plan for philanthropy.
[47:57] Frank gives his parting words of wisdom on entrepreneurship and philanthropy.
Mentioned in this Episode:
Frank Giustra’s LinkedIn
FrankGiustra.com
Gold Corp.
Fiore Group
Frank’s first article: “A Tarnished Dollar Will Put The Shine On Gold”
“What If Money Was No Object? - Alan Watts” (Youtube Video)
The Syria Crisis
The Venezuela Crisis
Andrew Carnegie’s Philosophy on Philanthropy
Guest Bio
Frank Giustra
Frank Giustra is CEO of Fiore Group of Companies, a private firm managing a broad portfolio of private equity investments and companies, specializing in food and lifestyle, art and entertainment, while having a proven track-record in financing and creating public natural resource companies.
For his full bio, visit: LinkedIn.com/in/Frank-Giustra
About Your Host — David Sung
David is the President of Nicola Wealth Management. As the President, he leads a team of financial advisors who are committed to achieving unsurpassed client satisfaction through the delivery of the highest quality investment management and financial planning services for business owners, corporate executives, foundations and other individuals or entities of substantial income and/or assets.
For his full bio, visit: NicolaWealth.com/Our-Team/David-Sung
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Host Ethan Astaneh, and Nicola Wealth Portfolio Manager Russil Lea explore investing in precious metals — a timely discussion as there has recently been an increase in discussions about gold and the price of gold.
Russil explains what you need to know about precious metals, which factors have led to the current performance of gold, which circumstances indicate that gold will do well, the risks associated with gold, whether or not gold takes center stage above other precious metals, and whether or not you should consider putting a significant portion of your wealth into precious metals.
Key Takeaways:
[:29] About today’s episode with guest, Russil Lea.
[:57] Ethan welcomes Russil on the podcast.
[1:01] What exactly is a precious metal?
[2:02] Which companies are involved in the precious metals space?
[2:48] Which asset classes does precious metals fit into?
[3:50] What are the factors that have led to the performance of gold and the outlook going forward?
[6:10] What circumstances indicate that gold will do well?
[8:00] The risk and the role of gold in today’s economy.
[11:16] Investing in gold vs. investing in gold companies.
[12:30] Does gold take the center stage above other precious metals (such as silver, platinum, etc.)?
[13:03] Russil gives his thoughts on Ray Dalio’s recent LinkedIn post entitled “Paradigm Shifts” where he makes the case for gold as an investment.
[14:58] Does Russil think we should be putting a significant portion of our wealth into precious metals (particularly gold), as Ray Dalio suggests?
Mentioned in this Episode:
Precious metal
“Paradigm Shifts” by Ray Dalio
Guest Bios
Russil Lea
Russil joined Nicola Wealth in 2004. A dedicated student of Finance, Russil brings with him over a decade of experience working in the mutual fund and institutional management industries holding positions in risk management, quantitative research, and equities analysis.
Russil graduated from UBC with a Bachelor of Commerce degree and holds a CFA designation.
For his full bio, visit: www.nicolawealth.com/our-team/russil-lea
About Your Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business succession and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: https://nicolawealth.com/our-team/ethan-astaneh/
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Claire Booth joins host Ethan Astaneh on the Wealth Exchange podcast. Claire is an entrepreneur, speaker, and author of new book, The Achiever Fever Cure: How I Learned to Stop Striving Myself Crazy. She is the founder and CEO of her business Lux Insights which is a boutique market research agency with offices in Vancouver and Seattle.
Claire’s book, The Achiever Fever Cure, speaks to a challenge that people of all walks of life face. "Achiever Fever" refers to the dark side of achieving. And that downside is when we start to tie our self-worth and our happiness to our achievements. This fever shows up in various ways — from a strong need to prove yourself, measuring your worth by accomplishments, and persistent self-criticism to being terrified of wasting time, difficulty with being in the present, and fearing you won’t live up to your potential.
In this episode, Claire shares the step-by-step to curing achiever fever, and walks through her own journey, and how she navigated out of it, ultimately leading to not only increased happiness and productivity, but doubling her company in size and reaching growth rates of 30%.
Key Takeaways:
[:28] Ethan welcomes Claire Booth to the podcast.
[:43] Claire explains what “achiever fever” is.
[1:18] What does ‘achiever fever’ speak to?
[2:07] How does the fever in ‘achiever fever’ show up? What are the symptoms?
[3:32] Claire speaks about her own journey with achiever fever and how she navigated towards a cure.
[6:11] How Claire describes her achiever fever downwards spiral.
[7:52] Who is prone to achiever fever?
[9:40] After her ‘aha-moment’ of realizing she had achiever fever, how did she navigate forward (and out of it)?
[12:10] How to begin curing achiever fever!
[14:05] Is your spouse a good person to talk to during this process?
[15:47] When you get to the point where you are open and talking about your achiever fever, how does that lend itself to the cure?
[20:55] What our inner critic tells us and how we can begin to eliminate this voice inside of us.
[24:28] The importance of consistency in the process of eliminating negative self-talk.
[26:26] How did this process start working for Claire when she started going through this whole process? And how did it change how she allocated her time during her day?
[30:20] Claire explains the benefits of this process and the incredible results she started to see from it.
[34:22] Would it be possible to slip back into the achiever fever if you stop doing the work?
[35:35] Why Claire decided to write an entire book on the concept of achiever fever.
[37:54] How has this process changed Claire’s ability to live in the present rather than be constantly future-focused?
[39:34] Claire offers some final few pieces of advice to help you get started on your own journey of knocking down achiever fever!
Mentioned in this Episode:
The Achiever Fever Cure: How I Learned to Stop Striving Myself Crazy, by Claire Booth
Claire Booth
Lux Insights
Brené Brown
The work of Byron Katie
Guest Bio
Claire Booth
Claire Booth is an entrepreneur, author, and speaker. She is the founder and CEO of market research firm Lux Insights, with two decades of experience serving some of the world’s most recognized brands. She teaches at the UBC Sauder School of Business, is a Board Director at the cutting-edge theatre, The Cultch, and is a Big Sister. In her spare time, Claire swims with the NorthShore Masters team and is a long-time member of the CCC climbing group at Base 5. Originally from the Prairies, she lives with her partner, Chris, in North Vancouver, Canada.
For her full bio, visit: ClaireBoothAuthor.com/About
About Your Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals and retirees, and offers his clients a wide range of financial services, including: retirement income planning, business succession and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your Nicola Wealth Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Nicola Wealth fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. Nicola Wealth is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Show Summary:
Today, Financial Advisor and host Mark Therriault, had the opportunity to interview Johnathan Grzybowski! Johnathan is a serial entrepreneur and is currently the CMO and co-founder of Penji, a software company with a service platform that helps marketing teams receive unlimited graphic designs all at one flat monthly rate.
They make receiving graphic design work fast, simple, and affordable. Penji has been named as “top startup to watch” according to Philadelphia Magazine and has been mentioned in major publications like Success Magazine, Huffington Post, Forbes, and Inc. You might also recognize Johnathan as the host of Blind Entrepreneurship, a podcast that has been mentioned as a top business podcast on Apple Podcasts!
In this episode, Mark and Johnathan discuss Penji; how it all works; Johnathan's journey leading up to the creation of Penji; how he gauges success in his business; how he manages stressors that come with being an entrepreneur and business owner; and how he stays motivated to continue growing their business on a day-to-day basis.
Show Summary:
[:29] About today’s episode.
[4:38] What drove Johnathan to create Penji? And what was he doing prior to Penji?
[7:51] How does Penji work?
[8:51] Does Penji have a niche or do they work with all different types of brands?
[9:50] What’s the #1 project Penji does for most customers?
[10:31] How do companies and clients approach Penji? What is their usual request?
[11:52] What has been Johnathan’s biggest challenge in the year and a half that they’ve been in business?
[13:02] What was Johnathan’s journey to becoming a co-founder of Penji? Did he always know he wanted to be a business owner?
[16:00] How does Johnathan deal with the stressors that come with being an entrepreneur and business owner?
[18:49] When he made his transition into entrepreneurship, did Johnathan find his overall mood and alignment with his purpose improved?
[21:28] How did Johnathan find his purpose within his business?
[24:10] What’s Johnathan’s grand vision for Penji?
[27:14] How do the co-founders of Penji guide their main decisions?
[29:08] What keeps Johnathan motivated to continue growing the business on a day-to-day basis?
[30:40] So, Johnathan is a WWE fan?
[32:00] If Johnathan could go back 15 years and tell himself the biggest thing he learned about his journey, what would he say?
[33:07] Mark thanks Johnathan for joining him this podcast!
Mentioned in this Episode:
Penji
Blind Entrepreneurship Podcast, with Johnathan Grzybowski
Reid Hoffman on founding LinkedIn
Guest Bio
Johnathan Grzybowski
Johnathan Grzybowski is the Chief Marketing Officer and co-founder of Penji, an on-demand graphic design service that delivers fast turnaround and is simple, and affordable.
After experiencing first hand how difficult it was to find talented graphic designers for his business, Johnathan and his co-founder Khai launched Penji in 2017. Their goal was to provide an innovative solution by making essential tools and resources more accessible and affordable for entrepreneurs, business owners, and leaders.
For his full bio, visit: LinkedIn.com/in/GrzybowskiJ
About the Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.
As a member of the Nicola Wealth Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
With mixed signals coming from stock and bond markets, no end in sight to U.S./China trade wars, and a potential war brewing in the Middle East, Rob Edel provides his insights on the current state of markets and what we might expect going forward.
Nicola Wealth Financial Advisor Ethan Astaneh hosts with Nicola Wealth CIO ROb Edel as the two discuss how things have evolved over the past couple of months for the global economy, what stock and bond markets are currently telling us, and which key factors are driving recent developments.
Join host, Ethan Astaneh, and recurring guest, Rob Edel, to hear this quarter's Market Commentary!
Key Takeaways:
[:28] About today’s episode.
[:52] How have things evolved over the past few months for the global economy? What are the stock and bond markets telling us? And what key factors are driving recent developments?
[2:34] Historically, when the bond market is pessimistic and the stock market might be optimistic, which one tends to be right? Is there enough information to draw a pattern?
[3:50] As gold and bitcoin have been going on a bit of a run, what does Rob see as the driving force behind this? Has the case for those asset classes changed? Rob also highlights Facebook’s new cryptocurrency, Libra.
[7:35] Rob brings us up to speed on how the U.S./China relationship has evolved over the last couple of months and gives his predictions on how the trade war may play out from here.
[9:09] Due to trade tensions, do we have to worry about inflation even though we’re not seeing significant global growth or slowing growth?
[10:50] Is the U.S. better positioned to ride out the tensions of the trade war in the short-term than China?
[13:10] Rob theorizes why China may have not been retaliating or coming down with measures that might be more direct towards the U.S.
[15:15] How might the United States’ efforts with the Middle East impact the trajectory of the global economy?
[17:40] Rob speaks about the Powell pivot and the challenges that Jerome Powell may be facing in his role as Chairman between now and the upcoming U.S. election?
[20:49] If Jerome Powell cuts rates and we see a lowering in the U.S. dollar, how does that impact the emerging economies?
[21:27] Has there been any notable development with the EU economy that we may have missed in the news due to Brexit being all over the headlines?
[23:36] Rob gives his short-term and medium-term predictions of the Canadian economy; factoring in the upcoming 2019 election, the slowing U.S. economy that Canada is heavily tied to, their own relationship with China, the approval of the Trans Mountain pipeline, and the increase in the price of oil due to the tensions in the Middle East.
[25:44] A few months ago, Rob predicted we would not be expecting a recession this year or the next. Has that prediction changed considering recent events?
[26:21] Does Rob think that there will continue to be more pressure going into the election from the White House to the Fed?
[27:10] Ethan thanks Rob for joining him this episode.
Mentioned in this Episode:
Facebook’s New Cryptocurrency, Libra, Explained
G20
The Powell Pivot
“May in Review: A He Said Xi Said Situation,” May Market Commentary by Rob Edel
Brexit
The Approval of the Trans Mountain pipeline
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About The Host — Ethan Astaneh
Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals and retirees, and offers his clients a wide range of financial services, including: retirement income planning, business succession and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer.
For his full bio, visit: NicolaWealth.com/Our-Team/Ethan-Astaneh
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
David Sung, President of Nicola Wealth, launches a new segment on the podcast: “Why I Built It” to look beyond the “how." He will be diving deep into the behind-the-scenes of successful entrepreneurship — particularly, the motivations and inspirations that help them succeed.
Today he is joined by special guest and good friend, Chip Wilson. Chip is an entrepreneur, philanthropist, loving husband, and father of 5 boys. He’s the founder of Westbeach Snowboard and Lululemon Athletica. He’s a globally recognized innovator in the field of technical apparel and is widely credited with creating the “athleisure wear” retail category, which is now a $100 billion/year global business.
In this episode, Chip and David talk about the keys to building a successful business, why he focused on building athletic wear businesses, the essential core values he placed within his companies that aided them in their success, what kept him inspired and motivated at every stage of the business as he progressed, how he built up his staff and those around him through quality leadership, and the key players that helped influence Chip’s career.
Chip also gives his advice on to entrepreneurs and new business owners on how they can be successful in both launching and running their business, how wealthy families can handle their finances with their children, the trends he sees on the horizon, and where he’s looking to invest currently.
You won’t want to miss this incredibly insightful episode and all of the nuggets of wisdom that Chip provides!
Key Takeaways:
[:29] About The Wealth Exchange’s new segment: Why Built it.
[:49] About today’s episode and featured guest.
[1:36] David welcomes Chip to the podcast!
[1:46] Chip elaborates on the “why” to why he started building his athletic wear businesses.
[4:25] Chip shares the essential core values he placed within his companies that he thinks aided to their success.
[7:21] What inspired and motivated Chip as he progressed through building his business? And were they different at every stage?
[8:30] What is it for Chip that drives him towards quality within his business?
[11:20] Building leadership within his organization: How did Chip work to build his staff and those around him through his leadership?
[13:37] Who were the key players that influenced Chip’s career?
[14:50] The key moments in Chip’s life that had a serious influence over his future.
[17:40] How Chip handles the challenges the come his way in regards to his business.
[19:39] Chip’s advice for entrepreneurs running their own business.
[21:10] Chip’s advice for how new business owners can be successful in launching their business.
[22:40] If Chip could go back in time to 1998, what are some of the things he would do differently in his business given the knowledge he has now?
[25:02] Why Chip thinks going public with Lululemon wasn’t his best decision.
[30:58] The importance of being proactive, and Chip’s thoughts on communicating through social media.
[34:40] Chip’s thoughts on how to cut through the noise on social media.
[37:40] What Chip sees on the horizon for trends.
[39:24] What Chip sees for trends in real estate in the future.
[41:37] What Chip has observed out there in real estate.
[43:51] The “Amazon effect” and the potential impact it may have on real estate.
[46:22] Chip speaks a bit about Amer Sports and the work he’s doing there, and the future of fashion and athletic wear.
[49:13] Chip’s thoughts on investing in the ownership of businesses privately vs. through the public environment.
[50:25] As Chip’s children have gotten older, how have they been involved with their family's wealth and businesses?
[52:29] David thanks Chip for joining him this episode!
In today’s episode, Mark Therriault is joined by Ben Jang — Nicola Wealth’s Portfolio Manager who manages their infrastructure and renewable resources partnership.
Today, Mark and Ben are diving deep into the topic of infrastructure and renewable resources. They discuss what infrastructure is, what the infrastructure space actually looks like, how infrastructure works, the risks associated with investing in infrastructure as an asset class, how it fits into a portfolio, and what Nicola Wealth looks for in infrastructure or renewable resource projects as a solid investment. On top of that, Ben also gives some really good examples of infrastructure products in Canada today and how he sees infrastructure as an asset class developing in the future.
Key Takeaways:
[:29] About today’s episode.
[:56] What exactly is infrastructure as an investment vehicle or an asset class?
[3:02] In terms of investing in infrastructure, is this something that has been around long-term as an asset class? Or is this new?
[3:56] Some of the struggles that occur with underinvesting in infrastructure projects.
[4:49] From the government’s perspective, what’s the benefit of them doing a private infrastructure project?
[6:15] What companies are investing in infrastructure projects?
[6:55] When did the Sea-to-Sky Highway become a private infrastructure project? And how do they get compensated for managing it?
[9:50] Are there lots of varying ranges in terms of risk for infrastructure as an asset class?
[11:11] Other than roads or hospitals, what other types of assets would be considered infrastructure investment products?
[12:33] Where does infrastructure as an asset class fit in a portfolio? And can you expect cash flow from this asset? What are the terms from an investor standpoint?
[13:48] Can infrastructure assets go up and down in value?
[15:18] Ben explains the infrastructure assets Nicola Wealth looks at (which fall into three categories: regulated, contracted, and GDP-related.)
[17:16] Of the three asset infrastructure categories, does contractual have the highest potential of return?
[19:22] Are there a lot of deals in infrastructure as an asset class?
[20:26] Does Ben think that infrastructure as an asset class will grow significantly, going forward?
[21:21] Are all contracts in infrastructure considered long-term contracts?
[22:16] Does Ben think that infrastructure as an asset class will grow beyond what it is right now?
Mentioned in this Episode:
Infrastructure Canada
Brookfield
Sea-to-Sky Highway
Guest Bio
Ben Jang
Ben joined Nicola Wealth in September 2012 with extensive experience working for several multi-billion dollar investment management firms focusing on global equity, GTAA and market neutral funds. Most recently, he was on the institutional portfolio management team for a Vancouver-based firm, and was responsible for quantitative strategies and optimization of portfolios.
For his full bio, visit: NicolaWealth.com/Our-Team/Ben-Jang
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
With the Federal Reserve’s tightening rates, inflation, the threat of trade wars, and the ever-pending recession — Rob Edel gives his insights on the last quarter and what to expect in 2019 and beyond! He discusses the corrections in the Canadian, U.S., and global markets; how much tax reform played a part in the U.S. economy slowing down from last year; what he thinks is the major factor for why Canada is showing good employment numbers but lacks wage growth; his take on what the Canadian and U.S. market would do if the next recession hits; and his predictions and thoughts about the current Canadian economy!
Join host, Mark Therriault, and his recurring guest, Rob Edel, to hear this quarter's Market Commentary!
Key Takeaways:
[:29] About today’s episode.
[:47] The driving force behind the corrections in the Canadian, U.S., and global markets on a macro level.
[2:55] Does Rob think that both the Fed and the Canadian government waited too long to raise rates in the cycle?
[4:35] How much did tax reform play a role in the U.S. economy slowing down from last year?
[5:50] What Rob thinks the catalyst is in the good employment numbers in Canada but lack of wage growth.
[6:35] Does Rob see the tightening rates staying somewhat steady as far as the Federal Reserve?
[7:53] Rob’s thoughts on what the Canadian and U.S. market would do if the next recession hits.
[9:57] Is there going to be a recession this year or next year? And what’s going to keep things accelerating, going forward?
[11:30] Rob’s predictions on what the changes might be towards the end of the cycle.
[15:00] Rob’s current thoughts about the Canadian economy.
Mentioned in this Episode:
Modern Monetary Theory
Consumer Confidence
Inflationary Expectations
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
In this week’s episode of The Wealth Exchange, your host, Mark Therriault, is introducing a new series where he’s going to dive into individual asset classes to help provide a better understanding of what happens behind the scenes in each of these investments!
So, to kick things off, Mark has decided to start with the Nicola Wealth Global Equity Fund. To discuss this with him, Mark has invited on Sean Oye — one of the managers of the global equity fund. They have a great conversation and dive deep into their different pools and limited partnerships of the Nicola Global Equity Fund.
Key Takeaways:
[:29] About The Wealth Exchange’s new series.
[1:14] Sean describes what global equities consist of and what the space looks like.
[3:20] When it comes to global equity, why doesn’t Nicola Wealth manage the underlying managers (like they do in Canada and U.S.)?
[4:32] How the Portfolio Management Team makes decisions on what the allocations are for each manager and whether or not they want each manager to work in a different environment or space.
[5:52] Does Nicola Wealth’s Portfolio Management Team review markets and make allocation changes on a quarterly or annual basis?
[7:02] Are there big differences in the Asian or European markets compared to the U.S. market? Or are they relatively the same?
[7:55] Are Sean Oye and his team looking at global markets as a potential opportunity?
[10:24] Is Nicola Wealth positioned defensively or aggressively when it comes to global equity?
[11:37] Is each manager doing something a bit differently than the others? And why?
[13:30] When Sean looks at the global markets outside of Canada and the U.S., where does his team see opportunity and value going forward in the year.
[14:35] Why is the Asian market selling 3x less the multiples than companies in the U.S. are selling?
[15:29] What’s NWM’s position on Europe? Do they have a large exposure there?
[17:05] Mark and Sean discuss the potential of there being more buying opportunities in the European and Asian markets.
[18:11] Sean’s final points in regards to the global equity fund.
Mentioned in this Episode:
NWM Global Equity Fund
Guest Bio
Sean Oye
Sean Oye is a Portfolio Manager/Trader for Nicola Wealth Management and has worked for the company for the last 12 years. Previous to that, he worked for RBC as a Technology Support Analysis and a Personal Financial Services Representative.
For his full bio, visit: LinkedIn.com/in/Sean-Oye
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Mark is excited to bring you an interview he recently had with Jessica Moorhouse. Jessica is an expert on millennials and money; she has an award-winning blog, hosts her own podcast, is a social media influencer, and is the founder of the Millennial Money Meetup.
In today’s episode, Mark and Jessica talk about how key life experiences have shaped the millennial view on money, how parents can better understand their children in the context of finance, and what resources are available for parents to provide for their millennial kids. Jessica provides tons of key takeaways on how to better understand millennials and their relationship to money, how parents (and others) can help millennials take actionable steps forward in the financial space, and how to have the “money talk” with your children.
As a parent of four millennial children himself, Mark really enjoyed this episode — and knows you will too!
Key Takeaways:
[:31] About this week’s episode and guest.
[1:20] Jessica’s advice on how the parents of today can reach out to their children in the context of managing their finances.
[3:42] How to better connect with your children in regards to money and lead by example.
[7:30] How to better understand your kids and not just see them as kids, but as the young adults they are.
[9:26] Jessica outlines some experiences unique to millennials that would help generations outside of that group looking in, better understand their plight.
[12:44] Is Jessica seeing millennials, as a generation, applying their resourcefulness and creativity to other factors of their investment philosophy?
[14:03] Where are millennials getting their resources and information in order to make their investment decisions? Where, as a parent, could you direct a millennial to?
[16:15] How can we enable millennials to take small, actionable steps forward in the financial space?
[18:56] What can millennials do to move beyond a google review and dive deeper in this subject?
[21:06] How to have the difficult “money talk” with your kids.
[25:16] What Jessica is seeing across the millennial generation that unites them on a financial perspective.
[26:35] What Jessica thinks parents should be aware of (and open to) when handing over the reins of your business to your millennial child.
[27:55] The one thing Jessica would ask parents to do when speaking to their children.
[30:25] Where to learn more about Jessica and her work.
Mentioned in this Episode:
JessicaMoorhouse.com
Mo’ Money Podcast (Jessica’s podcast)
Jessica’s Twitter @Jessi_Moorhouse
The Wealthy Barber: Everyone's Commonsense Guide to Becoming Financially Independent, by David Chilton
The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich, by David Bach
Certified Financial Planner
Guest Bio
Jessica Moorhouse
Jessica is a millennial money expert, speaker, Accredited Financial Counsellor Canada®, award-winning blogger, host of the Mo’ Money Podcast and founder of the Millennial Money Meetup.
Her main passion is personal finance and living a balanced lifestyle. Ever since she discovered the transformative powers of financial literacy her mission has been to teach others how to take control of their lives by taking control of their money.
For her full bio, visit: JessicaMoorhouse.com/About
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
In this episode, Ontario Regional Manager Ron Haik speaks with Jessica Moorhouse on millennials and money. Jessica is an expert on millennials and money; she has an award-winning blog, hosts her own podcast, is a social media influencer, and is the founder of the Millennial Money Meetup.
Ron, a father of four millennials himself, talks to Jessica about how key life experiences have shaped the millennial view on money, how parents can better understand their children in the context of finance, and what resources are available for parents to provide for their millennial kids. Jessica provides key takeaways on how to better understand millennials and their relationship to money, how parents (and others) can help millennials take actionable steps forward in the financial space, and how to have the “money talk” with your children.
Key Takeaways: [:31] About this week’s episode and guest.
[1:20] Jessica’s advice on how the parents of today can reach out to their children in the context of managing their finances.
[3:42] How to better connect with your children in regards to money and lead by example.
[7:30] How to better understand your kids and not just see them as kids, but as the young adults they are.
[9:26] Jessica outlines some experiences unique to millennials that would help generations outside of that group looking in, better understand their plight.
[12:44] Is Jessica seeing millennials, as a generation, applying their resourcefulness and creativity to other factors of their investment philosophy?
[14:03] Where are millennials getting their resources and information in order to make their investment decisions? Where, as a parent, could you direct a millennial to?
[16:15] How can we enable millennials to take small, actionable steps forward in the financial space?
[18:56] What can millennials do to move beyond a google review and dive deeper in this subject?
[21:06] How to have the difficult “money talk” with your kids.
[25:16] What Jessica is seeing across the millennial generation that unites them on a financial perspective.
[26:35] What Jessica thinks parents should be aware of (and open to) when handing over the reins of your business to your millennial child.
[27:55] The one thing Jessica would ask parents to do when speaking to their children.
[30:25] Where to learn more about Jessica and her work.
Mentioned in this Episode: JessicaMoorhouse.com
Mo’ Money Podcast (Jessica’s podcast)
Jessica’s Twitter @Jessi_Moorhouse
The Wealthy Barber: Everyone‘s Commonsense Guide to Becoming Financially Independent, by David Chilton
The Automatic Millionaire, Expanded and Updated: A Powerful One–Step Plan to Live and Finish Rich, by David Bach
Certified Financial Planner
Guest Bios Jessica Moorhouse
Jessica is a millennial money expert, speaker, Accredited Financial Counsellor Canada®, award-winning blogger, host of the Mo’ Money Podcastand founder of the Millennial Money Meetup.
Her main passion is personal finance and living a balanced lifestyle. Ever since she discovered the transformative powers of financial literacy her mission has been to teach others how to take control of their lives by taking control of their money.
For her full bio, visit: JessicaMoorhouse.com/About
**About Your Host** Ron Haik is a Senior Financial Planner and the Ontario Regional Manager in the Nicola Wealth’s Toronto office, with over 20 years of experience in the financial services industry. He has gained a breadth of experience working with some of the world’s largest financial institutions advising clients in a variety of roles, such as Financial Planner and Investment Advisor, in the areas of domestic and offshore planning for the high net worth segment.
For his full bio, visit: nicolawealth.com/our-team/ron-haik
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your Nicola Wealth Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Nicola Wealth fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. Nicola Wealth is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
This episode is a very special interview for host Mark Therriault. Two months ago, he went to the Himalayas and climbed Merra Peak, a 22,000ft mountain, to raise money for Canuck Place Children's Hospice — a charity that provides pediatric palliative care for kids in B.C. Mark did the climb after watching his best friend and wife lose their young daughter to heart disease, and then experience the amazing care and support Canuck Place provided their family.
Margaret McNeil, the CEO of Canuck Place joins Mark on The Wealth Exchange. She is committed to community and has a background in the public sector. In previous roles, she was the VP of Operations at BC Housing, led the Mental Health and Addictions program at Vancouver Island Health Authority, and has led a variety of policy initiatives and programs for various aspects of health including home and community care in B.C.
In this episode, Mark and Margaret talk about the amazing work that Canuck Place does; their biggest challenges; their main focuses; and how they function, from providing space for families to receive inpatient care, to how they connect with prospective families. Margaret also talks about how staff and volunteers manage working in such a rewarding but emotionally difficult environment, what she loves most about her role at Canuck Place, and personal stories and touching experiences she’s had while working there.
Nicola Wealth Management and Canuck Place have a close relationship, with Nicola Wealth having supported Canuck Place for well over 12 years.
Key Takeaways:
[:30] About today’s interview.
[1:06] How Margaret got involved with Canuck Place and what drew her to her current role.
[2:44] About Canuck Place’s two locations.
[5:20] How a child and their family can get connected to Canuck Place.
[6:54] What does Canuck Place provide for families and children?
[11:06] How does staying at Canuck Place work for families?
[12:18] About the importance of the music room and the arts and crafts room.
[16:26] How staff deal with working in such a rewarding but emotionally difficult environment.
[19:51] How does one become a volunteer at Canuck Place?
[22:06] Margaret’s biggest challenge in her role at Canuck Place.
[24:06] What Margaret loves most about her role at Canuck Place.
[26:14] Mark’s friend’s personal experience with Canuck Place.
[29:50] How Canuck Place continues to serve families after a child passes.
[32:14] Canuck Place’s main focus in the coming years.
[35:55] About Canuck Place’s remarkable volunteers, staff, and council.
[37:19] Mark thanks Margaret for joining him this episode, and they talk about Nicola Wealth Management’s involvement with Canuck Place.
Mentioned in this Episode:
Canuck Place
Canuck Place’s Hospices
BC Children’s Hospital
BC Women’s Hospital
Royal Columbian Hospital
Gift of Time Gala at Canuck Place
Guest Bio
Margaret McNeil
Margaret McNeil is Chief Executive Officer of Canuck Place Children’s Hospice and leads a 180+ multi-disciplinary employee team and over 400 volunteers.
Margaret comes from a background in the public sector. In previous roles, she was the VP of Operations at BC Housing, led the Mental Health and Addictions program at Vancouver Island Health Authority, and has led a variety of policy initiatives and programs for various aspects of health including home and community care in B.C.
For her full bio, visit: canuckplace.org/about-us/our-team/margaret-mcneil
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/Category/Podcasts
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your Nicola Wealth Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Nicola Wealth fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. Nicola Wealth is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
As it is a new year, The Wealth Exchange brings a special 2019 predictions episode, and a look back on 2018. Rob Edel, Nicola Wealth Management’s Chief Investment Officer, joins Mark Therriault to look back on all the changes in the markets, as well as investing in 2018. Rob also discusses his 2019 predictions of what’s to come in investing, portfolios, and the markets.
Rob and Mark discuss some of the exciting changes to the podcast going forward, Nicola Wealth’s investment philosophy, the benefits of diversification (in regards to portfolios), and why Cash Flow investing is greatly beneficial going into the new year.
Key Takeaways:
[:29] About today’s episode.
[1:30] Mark and Rob review major headwinds in 2018 for markets and investing.
[5:22] Rob’s predictions and outlook for 2019 for markets and investing.
[8:12] Outlook for 2019 from Canada’s standpoint.
[11:03] Rob summarizes his outlook for 2019.
[11:53] When looking at client portfolios (and his own), what types of assets is Rob looking to rebalance?
[13:26] Nicola Wealth Management’s investment philosophy and the benefits of diversification (in regards to portfolios).
[19:57] Why Cash Flow investing is greatly beneficial.
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
www.NicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
In this episode of The Wealth Exchange, Nicola Wealth Management’s CEO, John Nicola, and David Frum continue their conversation on the current political landscape in the U.S. and global politics.
On this episode, John and David’s conversation focuses around Trump’s policies, taxes, and the impact of media and communications on the current political and economic landscape.
David is the Senior Editor of The Atlantic and has previously held many titles, including Speech Writer for George W. Bush. An avid political commentator and author, David has recently published his New York Times Best Selling book, Trumpocracy.
Key Takeaways:
[:29] About today’s episode.
[:50] David shares his thoughts on mainstream economic thinking and the standards of living.
[3:08] David and John discuss the startling statistics of United States’ life expectancy.
[5:37] One of United States’ successes: their reduction in crime.
[7:42] They discuss the impact of Trump’s policies.
[10:25] The global phenomenon of “all the other Trumps” around the world.
[12:35] The impact of media and communications on the current political and economic landscape.
[15:32] Is the U.S. on the cusp of a civil war?
[19:40] Is the media responsible for Trump’s presidency?
[23:55] How David would craft a more fair nation, economically.
[30:05] The reason why Trump’s tax plan is so poorly designed.
[32:33] David’s thoughts on GM’s CEO asking the government to help promote the use of electric vehicles.
[39:05] Why David believes there continues to be hope under Trump’s presidency.
[41:02] Are millennials generally more open and tolerant and likely to think from a liberal perspective than their parents?
Mentioned in this Episode:
Jair Bolsonaro’s declared Brazil’s next President
The Road to Unfreedom: Russia, Europe, America, by Timothy Snyder
“America is Edging Closer to Civil War” by Niall Ferguson
GM’s CEO on the future of electric vehicles
Guest Bios
David Frum
One of the most influential political analysts of our time, David Frum brings a rational conscience into the mainstream and the often-polarized world of American politics.
As Senior Editor at The Atlantic, David’s commentary on social and political issues generates thought-provoking discussions throughout America and around the world. The Wall Street Journal dubbed him one of the leading politician commentators of his generation for his work in The Atlantic, Newsweek, The Daily Beast and CNN. In his quest for the truth, David has been a long-time advocate for shaking up the polarized U.S. Political system, providing insight into what political outcomes mean for specific audiences around the world.
For his full bio, visit: nsb.com/speakers/david-frum
John Nicola
John Nicola is the Chairman and the Chief Executive Officer of Nicola Wealth Management and has been a veteran of the financial services industry since 1974.
His areas of expertise include investment management, estate and financial planning, as well as business planning with a focus on best practices for wealth building, exit strategies, and shareholder agreements.
For his full bio, visit: waterstonehc.com/governor/john-nicola
For More Information on this Week’s Episode, Visit:
wwwNicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
The Wealth Exchange podcast is joined by David Frum today. David is the Senior Editor of The Atlantic and has previously held many titles, including Speech Writer for George W. Bush. An avid political commentator and author, David has recently published his New York Times Best Selling book, Trumpocracy.
Today, David will be interviewed by John Nicola, CEO of Nicola Wealth Management. They discuss the current political landscape in the U.S., such as the recent mail bombings and synagogue shooting, and all things Trumpocracy.
David also gives his predictions of the U.S. through Trump’s Presidency, his take on the U.S. MCA, and his views on the trade war with China.
Key Takeaways:
[:29] About today’s topic and guest.
[:53] Did David Frum expect his quote from Trumpocracy to come true? ("The thing to fear from the Trump presidency is not the bold overthrow of the Constitution, but the stealthy paralysis of governance; not the open defiance of law, but an accumulating subversion of norms; not the deployment of state power to intimidate dissidents, but the incitement of private violence to radicalize supporters.")
[2:56] David breaks down the difference between the recent mail bombing and the tragic synagogue shooting.
[4:40] Does David predict that there will be more of these incited violent incidents through Trump’s Presidency?
[7:04] Does David agree with Peter Zeihan in that the framework the U.S. has created, shaped the environment that made “Trump” possible?
[11:24] Is the American agenda changing, or is it the Trump agenda?
[13:36] David’s view on the trade issues with China.
[16:19] As we look forward, does David see any rational thinking entering into the process of the trade war with China or is Trump too dogmatic?
[21:04] David’s take on the U.S. MCA.
Mentioned in this Episode:
Trumpocracy: The Corruption of the American Republic, by David Frum
Trump mail bombing incident
Synagogue shooting
The Accidental Superpower: The Next Generation of American Preeminence and the Coming Global Disorder, by Peter Zeihan
The Absent Superpower: The Shale Revolution and a World Without America, by Peter Zeihan
Guest Bios
David Frum
One of the most influential political analysts of our time, David Frum brings a rational conscience into the mainstream and the often-polarized world of American politics.
As Senior Editor at The Atlantic, David’s commentary on social and political issues generates thought-provoking discussions throughout America and around the world. The Wall Street Journal dubbed him one of the leading politician commentators of his generation for his work in The Atlantic, Newsweek, The Daily Beast and CNN. In his quest for the truth, David has been a long-time advocate for shaking up the polarized U.S. Political system, providing insight into what political outcomes mean for specific audiences around the world.
For his full bio, visit: nsb.com/speakers/david-frum
John Nicola
John Nicola is the Chairman and the Chief Executive Officer of Nicola Wealth Management and has been a veteran of the financial services industry since 1974.
His areas of expertise include investment management, estate and financial planning, as well as business planning with a focus on best practices for wealth building, exit strategies, and shareholder agreements.
For his full bio, visit: waterstonehc.com/governor/john-nicola
For More Information on this Week’s Episode, Visit:
wwwNicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
On this episode of The Wealth Exchange, your host, Mark Therriault, interviews Dr. Francis Kateh. Dr. Kateh is the Deputy Minister of Health in Liberia and was appointed the National Deputy Incident Manager for Ebola response (in which he led the successful medical intervention of Liberia during the Ebola crisis that swept the country in 2014-2015). He helped save millions of lives during the crisis and served as a model in outbreak response.
To this day, Dr. Kateh continues his amazing work in Liberia. In this episode, Mark and Dr. Kateh have an enlightening conversation around the work Dr. Kateh has done, the journey that led him to his position as Liberia’s National Deputy Incident Manager, his major accomplishments in helping stop the Ebola epidemic, his biggest challenges during the crisis, and what his plans and hopes are for the future — for both Liberia, and his career. Marjorie Ratel, the president and founder of the Korle-Bu Neuroscience Foundation, also chimes in and gives her thoughts later on in the episode.
Tune in to hear more on how the Ebola epidemic was stopped, Dr. Kateh’s work in Liberia, and the continued measures that are taken everyday to prevent future outbreaks.
Key Takeaways:
[:29] About today’s guest and topic of conversation.
[1:17] Is Dr. Kateh currently in Liberia or the United States? And what led him on the path of health administration (which he did from 2004-2010) and then back to Liberia (in 2011) to run a hospital, then become the Deputy Incident Manager during the Ebola outbreak.
[5:44] An inspirational story from when Dr. Kateh worked at the hospital in Liberia, right before the Ebola outbreak.
[8:09] Had there been any Ebola outbreaks prior to the one in 2011? And have they found its source?
[9:04] About the early days of the Ebola outbreak and Dr. Kateh’s initial work during it.
[11:10] Dr. Kateh’s major accomplishments in helping to stop the Ebola epidemic in Liberia.
[11:41] How did Dr. Kateh come up with the two strategies that helped stop Ebola? And how did he make those life-and-death decisions?
[14:08] In terms of people who had symptoms of Ebola, how difficult was it for Dr. Kateh to convince people to follow his rules for not spreading Ebola?
[15:56] How did Dr. Kateh get his message out there?
[18:39] How does time play a part in contracting Ebola? Is there a time-based treatment? What was the “cure” to stopping Ebola?
[20:37] How the Ebola virus is transferred through touch.
[21:38] Is there anything Dr. Kateh would’ve done differently when approaching the Ebola virus epidemic?
[25:38] Does Dr. Kateh think that a large percentage of Liberians would be aware of Ebola if it wasn’t for the crisis? And the precautions they’re still taking on preventing the virus.
[26:45] Dr. Kateh’s biggest challenge during the Ebola crisis.
[27:44] What are the current things in Liberia that Dr. Kateh is dealing with today?
[30:15] Does Dr. Kateh feel he is currently headed in the right direction career-wise? And how he has overcome his past to ultimately become a doctor.
[37:41] What brings Dr. Kateh to Vancouver?
[39:37] The hopes and goals for Liberia.
[41:31] Marjorie Ratel tells a few stories on tragedy, pregnancy, education, and saving lives in Liberia.
Mentioned in this Episode:
Johns Hopkins University
Guest Bios
Dr. Francis Kateh
Dr. Francis Kateh is one of Liberia's leading health professionals and the Deputy Minister for Health Services, Chief Medical Officer Republic of Liberia.
His passion for quality health care delivery to the people of Liberia cannot be overemphasized. He has provided leadership and management to a wide range of health policies and strategies. His interest is to provide high satisfaction to patients and ensure patient safety. He has proven skills in running cost-effective patient care and establishing monitoring measures to ensure excellence in clinical care.
For more information, take a look at it his Curriculum Vitae.
Marjorie Ratel
Marjorie Ratel is the president of the Korle-Bu Neuroscience Foundation. She founded the Korle-Bu Neuroscience Project in 2000. And by the following year, she and nursing colleagues, along with members of the Ghanaian community, began organizing the shipment of good-quality used medical equipment together with new medical supplies to the Korle Bu Teaching Hospital (KBTH) Neurosurgery Unit.
Marjorie Ratel is a strong advocate for access to quality health care in low and middle level income countries and is the spearhead of Korle-Bu Neuroscience Foundation.
For her full bio, visit: KBNF.org/Majorie-Ratel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
wwwNicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
This episode, your host Mark Therriault, has a great conversation with their Chief Investment Officer at Nicola Wealth Management, Rob Edel. They touch on a variety of subjects, such as: the trade wars between the U.S. and China, NAFTA, interest rates continuing to go up in the short term (and what that means for the U.S. economy as well as Canada), what kind of stocks you should be looking for in this type of environment, as well as an overall review of the economy itself.
Rob also explains the reasoning behind the yield curve flattening or inverting, the big concern about inflation, what companies and opportunities he sees outperforming in this type of environment in the short to medium term, his thoughts on whether or not China will be able to withstand the imposing tariffs on their imports by the U.S, and if he thinks Canada is positioned safely in terms of where things are going economically in the U.S.
Key Takeaways:
[:29] About today’s guest and topic of conversation.
[1:11] Mark summarizes some of Rob’s ideas from the Monthly Market Commentary and Rob makes some additional comments about the yield curve and what it indicates.
[2:48] Would the reasoning behind the yield curve flattening or inverting be because of the economy becoming weaker?
[4:00] About the indicators that point to the U.S. still being a strong economy.
[5:36] Does Rob think that the whole tax reform has created a false sense of the economy doing better than might actually be?
[6:34] What’s the big concern about inflation?
[8:16] What kind of opportunities and companies is Rob looking for in this type of environment? What will outperform in the short-medium term?
[9:55] Will a stronger U.S. dollar (against the global economy) serve as a headwind?
[10:57] Why is the U.S. talking down their dollar? And will they continue to?
[11:45] Are we safe from the trade wars yet? What has changed?
[13:14] Rob’s new news in regards to China in the trade wars.
[13:58] Would China be able to withstand the imposing tariffs on their imports or are they at the heels of Trump and the U.S. administration?
[15:50] Does Rob still feel that Canada is safely positioned in terms of where things are at economically in the U.S.?
Mentioned in this Episode:
NAFTA
Fear: Trump in the White House, by Bob Woodward
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
wwwNicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Today’s guest is Steve Saretsky, a Vancouver residential realtor and author behind one of Vancouver’s most popular real estate blogs: Van Condo City Guide. Steve is a thought leader in the industry with regular appearances on BNN, CBC, CKNW, and CTV. He’s also a contributor to the BCBusiness magazine. Steve has built a successful business and is considered among the top 10% of Greater Vancouver realtors.
The main topic on today’s episode is real estate within Canada, with a focus on Vancouver real estate. Steve and Mark discuss the real estate boom around 2016, how the 15% foreign buyer tax impacted the market, how things are looking for sellers, and whether or not he believes we’ve officially moved into a buyer’s market. Steve also gives insight into his own experiences working with buyers and sellers, what he’s seeing first-hand, and his predictions for the future of the real estate market.
Key Takeaways:
[:31] About today’s guest and topics of discussion.
[1:37] Why did Steve decide to get into real estate?
[2:14] What it was like to get into real estate during its booming years (around 2016).
[4:43] Did it feel like chaos before the 15% foreign buyer tax was implemented?
[5:28] What is shadow flipping and how did it end up getting banned?
[6:58] Did Steve see an instant slow down after the 15% foreign buyer tax?
[9:09] Did Steve experience more foreign buyers or native buyers looking to buy real estate?
[10:16] How much have detached homes in the west side of Vancouver come down since 2016?
[11:18] What drove the small increase in value to detached homes in early 2017? And how are they looking now, in 2018?
[12:42] How much is Steve seeing sellers not wanting to negotiate for less (even though they’re still making a profit, though it may be 10% less from the previous year)?
[15:50] Has it become harder for clients to qualify for financing (from the increased difficulty in qualifying for mortgages and the foreign buyer tax?)
[18:40] What is Steve currently seeing in real estate? Is it all “doom and gloom?”
[20:46] Is the real estate market in Vancouver just “returning to normal” or are we experiencing a low?
[22:21] If Steve was a seller in the Lower Mainland real estate market, what would he do? And if he was a buyer, what would he do in this current state?
[23:20] Does Steve think we’ve officially moved back into a buyer’s market?
[24:18] For the rest of Canada, does Steve see the same statistics?
[26:11] Are there still opportunities in terms of buying or is the whole market is saturated and overpriced?
[27:34] Steve’s take on whether or not we’ll see a bigger price correction in the future.
[29:40] Steve’s final thoughts and predictions on the Vancouver real estate market.
Mentioned in this Episode:
Van City Condo Guide
BCBusiness magazine
CMHC
Guest Bio
Steve Saretsky
Steve Saretsky is a Vancouver Residential Realtor and author behind one of Vancouver’s most popular Real Estate Blogs Vancity Condo Guide. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and a contributor to BC Business Magazine. (VanCityCondoGuide.com)
To read more of his bio, visit his blog at: VanCityCondoGuide.com/Steve-Saretsky
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
wwwNicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
This episode Mark Therriault and Rob Edel, Chief Investment Officer at Nicola Wealth, bring you a Monthly Market Commentary.
They discuss the interest rate environments in Canada and the U.S., how the yield curve in North America is flattening (and what that means for investors), as well as an overview on both the U.S. and Canadian economies. Mark and Rob also briefly discuss the trade wars, the eurozone economy, and employment rates and wage growth for the U.S. and Canada.
Key Takeaways:
[:49] About today’s guest and topics of discussion.
[1:20] An overview of the Canadian and U.S. markets in the last month.
[3:34] When was the last time the U.S. economy had full employment like they do now? Wouldn’t you expect wage growth to continue to increase?
[4:56] Is Canada in the same position as the U.S. for employment and wage growth? Rob gives his thoughts and concerns.
[6:29] What happens if a deal can’t be made in the trade wars?
[8:42] Rob’s thoughts and greatest concerns about the eurozone economy.
[11:00] Why has the eurozone never really recovered from their financial crisis?
[14:20] How the yield curve in North America flattening or inverting affects interest rates.
[16:17] What would make the yield curve inverted?
[18:40] Are rising interest rates good for investors?
[20:44] Do you extend term/increase interest rate risk thinking rates are going to come back down?
[22:00] What is the impact from Canada and the U.S. raising interest rates while the rest of the world is not?
Mentioned in this Episode:
Yield Curve
NAFTA
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
wwwNicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada
Today’s episode is about sustainable and impactful investing. Mark interviews Christie Stephenson — the Executive Director of the Peter P. Dhillon Centre of Business Ethics at the UBC Sauder School of Business. Prior to UBC Sauder, she spent more than 15 years in key roles at socially responsible and impactful investing firms.
Statistics show that people care who they buy from and who they invest with. In this episode, Christie goes over the results of these statistics, explains what impact investing is, why we’re seeing a big push to sustainability, how companies would show they’re becoming more socially responsible, and how — as an investor — you would measure a company’s ethicality.
Christie is extremely passionate and excited to discuss this timely topic. She emphasizes that this shift for companies to rebrand and not only take from the environment, but give back, is crucial for companies to stay in business and have success in the future.
Key Takeaways:
[:29] About today’s guest and topics of discussion.
[1:19] Does sustainable investing, impact investing, and responsible investing all fall under the same umbrella?
[2:58] What is impact investing?
[4:08] Is sustainable investing more focused on environmental changes?
[5:17] Is Christie seeing a big push to sustainability?
[7:11] The push for companies to be more responsible to stakeholders, the environment, and a greater social purpose.
[8:14] How would companies show more social responsibility?
[9:21] For example, how would an oil and gas company create a sustainable environment to stakeholders?
[11:55] Is Christie seeing an increase in high net worth individuals investing more in companies following these kinds of ethics?
[13:50] Should you be expecting a lower rate on your returns when you’re making an ethical investment?
[15:40] How do investors “score” or measure the ethicality of companies?
[18:00] How impact investing is very individual value-based.
[20:30] How long has the movement towards sustainable and ethical companies been around for?
[21:40] Resources and first steps a company could take to become more sustainable and impactful.
[25:55] Does Christie see it becoming a criteria for all companies in the future to be responsive to society in order to become a successful business in this world?
[28:53] Will some companies in the future just be making this shift to build their brand or does it matter because it is having a positive impact regardless? Does the motive matter?
[30:23] Why has this shift been happening?
[31:11] Has internet and social media made it harder for companies not to be making this shift?
[32:14] Is there anything about all this that could have a negative effect?
[33:16] Christie’s optimistic outlook on this shift and the current changes Mark has seen in companies.
[36:00] How an individual investor can learn about impactful and sustainable companies.
Mentioned in this Episode:
Peter P. Dhillon Centre for Business Ethics
UBC Sauder School of Business
Larry Fink’s Letter to CEOs
Bloomberg
BlackRock
B Corporation
Guest Bio
Christie Stephenson
Christie Stephenson is the Executive Director of the Peter P. Dhillon Centre for Business Ethics at the UBC Sauder School of Business. Prior to joining UBC Sauder, she spent more than 15 years in key roles at socially responsible and impact investing firms including Sustainalytics, NEI Investments (Ethical Funds) and Purpose Capital. She previously worked in politics, government and the nonprofit sector.
(PurposeCap.com)
For her full bio, visit: PurposeCap.com/Team/Christie-Stephenson
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault
For More Information on this Week’s Episode, Visit:
wwwNicolaWealth.com/TheWealthExchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada
In this episode of The Wealth Exchange for the Monthly Market Commentary, Mark and Rob discuss the demise of Italy in the eurozone, trade wars with China and the U.S., and gains in Canadian and U.S. markets.
Rob also answers some questions about volatility, whether or not we’re getting better at mitigating recessions, and if we’re moving towards deglobalization
Key Takeaways:
[:29] About today’s discussions with Rob Edel.
[:48] Why are we seeing positive returns in Canadian and U.S. markets?
[1:48] What have been the key drivers in the Canadian market?
[2:51] The demise of Italy in the eurozone: have they never recovered from 10 years ago or is this a completely new issue?
[4:18] Is Italy the biggest concern in the eurozone?
[6:04] Why can one country (such as Germany) be successful in the eurozone when another (like Italy) isn’t?
[7:33] Are we seeing more volatility or more volatility with lower returns?
[9:18] The recovery from 2008-18 being the second longest expansion in history — are we getting better at mitigated recessions or just “kicking the can down the road?”
[11:01] Rob’s thoughts on the trade war.
[13:05] Are we moving towards a deglobalization?
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: nicolawealth.com/our-team/mark-therriault
For More Information on this Week’s Episode, Visit:
www.nicolawealth.com/thewealthexchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Today on The Wealth Exchange, Mark speaks with Gregg Peacock, Erik Ashdown, and Jess Sloss on blockchain, cryptocurrency and everything in between. Gregg is the CEO and Co-Founder of NodeAI, a technology company that provides staking-as-a-service for crypto assets; Erik is a partner at Blockscore, a crowd diligence platform for initial coin offerings with a purpose of providing actionable feedback to companies launching new cryptocurrencies; and Jess leads operations at Ultraviolet Protocol, a smart contract platform for Data Creation Networks.
In this episode, they discuss the ins and outs of cryptocurrency. Gregg, Erik, and Jess break down the difference between Bitcoin and traditional digital currency, how to know if a cryptocurrency is secure and legitimate, how the value of a cryptocurrency is determined, and the different purposes cryptocurrency can serve in different contexts. They also discuss their predictions for the future of Bitcoin and cryptocurrencies alike, as well as their favorite cryptocurrencies, and their recommendations for investment.
Key Takeaways:
[:30] About today’s topic: cryptocurrency.
[1:32] Breaking down cryptocurrency: the difference between Bitcoin and a traditional digital currency.
[3:11] Were Blockchain and Bitcoin created together? How do they work together?
[4:46] How the decentralizing of these online currencies is extremely efficient.
[7:33] How do we know that cryptocurrency is secure?
[10:35] Disintermediation with cryptocurrency.
[12:23] What is Blockchain?
[13:17] An example of Blockchain technology.
[14:35] Why cryptocurrency is not anti-business.
[17:14] How do you know if a cryptocurrency is legitimate? And will the same cryptocurrencies that are around now still be around 10 years from now?
[19:08] Do all of these cryptocurrencies claim to do different things?
[19:56] What is the goal of the creators of new cryptocurrencies?
[23:55] Eric further breaks down cryptocurrency; how value is determined and the purpose of various cryptocurrencies.
[27:06] An example of the differences between various cryptocurrencies and their value (consumers vs company usage).
[32:26] As early adopters into the cryptocurrency space, what got Greg, Jess, and Erik initially interested — and are they still as excited as they initially were about it?
[40:54] Are we in a normalized valuation of cryptocurrency yet?
[42:57] The lack of accessibility to cryptocurrency.
[43:52] Are there efforts being made towards making cryptocurrency more accessible?
[45:00] What are the hold-ups for institutions accepting cryptocurrency?
[50:49] Gregg, Erik, and Jess’s favourite wallets, exchanges, and cryptocurrencies.
[58:25] Gregg, Erik, and Jess’s cryptocurrency predictions.
[1:01:01] Predictions of which cryptocurrencies are going to remain valuable or become very valuable.
Mentioned in this Episode:
Bitcoin
Blockchain
IOTA
Coinbase
Litecoin
Monero
Enigma
Dogecoin
Dogecon (Dogecoin conference)
Guest Bios
Gregg Peacock
Gregg Peacock is an active member of the Vancouver startup scene and is currently the CEO and Co-Founder of NodeAI, a technology company that provides staking-as-a-service for crypto assets. Gregg advises several early-stage startups on product strategy, and since 2015 has been deeply involved in the blockchain industry as an investor, trader and evangelist.
He is also an organizer and mentor at Startup Weekend Vancouver, a 54 hour event in which developers, designer, marketers, product managers and startup enthusiasts come together to share ideas and launch startups. Gregg has earned a degree in Engineering Physics from Queen’s University, and has previously worked as a product manager for companies such as Aritzia, Bench and Rise.
Reach out to Gregg at gregg@nodeai.co
Erik Ashdown
Erik Ashdown is a partner at Blockscore, a crowd diligence platform for initial coin offerings (ICO) with a purpose of providing actionable feedback to both companies launching new cryptocurrencies, and investors considering investing. Clients include ICOs, ICO advisors, Investors, law firms and the government.
Erik has invested in 20+ ICOs, worked with 50+ companies at various stages from startup to Series A, including indiloop — a music software platform of which he was the founder and CEO. He is involved in the Vancouver startup scene and is a graduate from both Concordia University and the Vancouver Film School in entertainment business management.
Reach out to Erik at erik@blockscore.co
Jess Sloss
Jess Sloss leads operations at Ultraviolet Protocol, a smart contract platform for Data Creation Networks. Decentralized applications need transparent, verifiable and minimally-trusted data to reach their full potential, but creating data that can be trusted is hard. UVP is building the infrastructure needed to crowdsource data in a decentralized way for use as oracles, for decentralized research or to be integrated into DAOs and DAPPs.
Previously, Jess was the Director of Digital Media for The Feldman Agency, a music booking and management company where he consulted on digital projects for clients including Mother Mother, Melody Gardot, The Chieftains, Diana Krall and many more.
Follow Jess on twitter @thattallguy or reach him via email at jess@uvprotocol.org
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: nicolawealth.com/our-team/mark-therriault
For More Information on this Week’s Episode, Visit:
www.nicolawealth.com/thewealthexchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Today on The Wealth Exchange, Mark sits down to talk with Nicola’s Chief Investment Officer — Rob Edel — once again, to discuss his monthly market commentary.
This episode Mark and Rob talk about tax reform in the U.S., capital investments in the U.S., why the Canadian market outperformed the U.S. market this month, and equity evaluations. Rob also talks about his expectations of where he sees the U.S. dollar headed, his outlook on European markets and companies, and oil prices driving up Canada’s economy.
Today’s conversation is a fascinating one so tune in to find out more!
Key Takeaways:
[:28] About today’s topics and guest.
[:52] In the month of April, Nicola experienced five intraday trading sessions with the clients in excess of 1% — one more than what they saw in the entire year, last year. What does that tell Rob?
[1:44] Why did Canada outperform the U.S. this month?
[2:46] Oil prices are driving up the Canadian economy — what is going on?
[5:12] Will prices for oil continue to go up in the short-medium term?
[6:45] Does Rob expect the U.S. dollar to continue to strengthen against other currencies?
[8:53] Nicola’s outlook on the Europe markets and companies short-term and long-term.
[10:38] The Wall Street Journal’s Market Data Group estimates an additional 28% growth would be required before trailing price to earnings multiple returns to its ten year average. Does Rob think they are saying that there’s that much room for growth to get back to its ten year average? Are we looking at undervalued stocks?
[12:41] Why might the U.S.’ recent tax reform want to incentivise people to put their money towards growing their business as opposed to paying back shares or dividends?
[14:57] What will be the indicators that the tax reform was successful in getting companies back to growing their businesses?
[15:53] What has changed within the last month and a half that has caused us to see a switch in the flat, long ten year bond rate.
[18:00] Because of the bond rate changing, does this change Rob’s outlook?
Mentioned in this Episode:
OPEC
Wall Street Journal
Guest Bio
Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: nicolawealth.com/our-team/mark-therriault
For More Information on this Week’s Episode, Visit:
www.nicolawealth.com/thewealthexchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Today on The Wealth Exchange, Mark interviews two fantastic guests: Nicola Wealth Management’s CEO and Chairman John Nicola, and Dino Infanti — partner at KPMG.
John has been a veteran of the financial services industry since 1974 with areas of expertise in investment management, estate and financial planning, as well as business planning. Dino has over 15 years of experience and is very well-known for his expertise on tax technical work in estate and succession planning, corporate restructuring, and tax mitigation.
This episode, the three of them discuss corporate tax reform, Canadian tax proposals, the backlash to the legislative proposals relating to income taxes, and what the Canadian government is currently doing for business owners compared to the United States. Dino and John also give their insights and opinions on the current tax system and rules, which rules they see impacting business owners and families the most going forward, and their hopes for what a future tax reform could possibly look like.
Key Takeaways:
[:29] Mark introduces this episode’s guests.
[1:22] About John and Dino’s involvement, their ideas around where everything started to where they are now, what the process has been like, and what it has meant for their clients.
[6:15] Were John and Dino surprised by the backlash to the legislative proposals relating to income taxes?
[8:21] What the Canadian government has been doing for business owners, compared to the U.S. and how these differences could impact Canadian business owners.
[17:11] John and Dino give their thoughts and opinions on tax reform.
[19:16] Did the Liberals’ increase in tax rates to certain levels of income accomplish the equality they were striving for in the final rules?
[21:18] Dino and John’s opinions on lowered business tax rate and the Tax on Split Income rule.
[22:22] Which rules Dino and John think will have the biggest impact on business owners and their families going forward.
[25:25] About the ‘reasonableness test’ and the other ways to measure spousal contributions in a personal business.
[26:54] As a tax advisor for his clients, how does Dino make the distinction or decision about what is reasonable? What is the CRA looking for with regards to what’s reasonable?
[30:38] Dino and John’s thoughts on how the CRA is looking at financial contribution and income splitting.
[37:18] John’s thoughts on the complexities of wealth accumulation and small business deductions.
[39:46] The importance of educating clients on the tax system and rules.
[40:55] All about investing in other private businesses and learning to de-risk by diversifying.
[47:00] Who is the typical individual or business owner that would fit an individual pension plan?
[51:58] Dino speaks about the requirements needed for an active real estate portfolio opposed to a passive one.
Mentioned in this Episode:
Tax on Split Income (TOSI Rule)
Reasonableness Test
Canada Revenue Agency (CRA)
Registered Retirement Savings Plan (RRSP)
Individual Pension Plan (IPP)
Guest Bios
John Nicola
John is the CEO and Chairman of Nicola Wealth Management. He provides strategic leadership to Nicola Wealth Management — exercising his passion for providing innovative solutions to clients’ complex problems.
John has been a veteran of the financial services industry since 1974. His areas of expertise include investment management, estate and financial planning, as well as business planning with a focus on best practices for wealth building, exit strategies, and shareholder agreements.
For his full bio, visit: nicolawealth.com/our-team/john-nicola
Dino Infanti
Dino is a partner at KPMG in Canada, and has over 15 years of experience.
He is well known for his insights and guidance on tax technical work in estate and succession planning, corporate restructuring, tax mitigation strategies and divestitures. Dino specializes in owner-managed enterprises primarily in the construction, real estate development, and holdings sectors, in addition to the entertainment sector.
For a more indepth bio, visit: home.kpmg.com/ca/en/home/contacts/i/dino-infanti
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: nicolawealth.com/our-team/mark-therriault
For More Information on this Week’s Episode, Visit:
www.nicolawealth.com/thewealthexchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
Welcome to The Wealth Exchange — the podcast that focuses on addressing the issues affluent families across Canada face everyday — from buying a vacation home
to selling your business, and tax planning to philanthropy. Your host is Mark Therriault, the Financial Advisor and partner of Nicola Wealth Management.
This episode, Mark has a great conversation with Nicola’s Chief Investment Officer, Rob Edel. Mark and Rob dive right into his monthly market commentary, discussing ‘the Trump factor'; where he sees headwinds in regards to both the Canadian and the U.S. economy; and current events such as facebook correction, marijuana stocks, and cryptocurrency. Rob also talks about what is driving the change of short term and long term interest rates, what he looks for when looking at a company to invest in, as well as his thoughts on NAFTA and the looming possibility of a future trade war.
Key Takeaways:
[:29] About this week’s episode with guest, Rob Edel.
[1:41] Does Rob see the volatility in the market based on ‘the trump factor’ of fears or is it more fundamentally based?
[3:08] The top two headwinds that Rob fears in terms of economic slowdown.
[4:13] Rob explains what is driving the change of short term interest rates going up and long term interest rates staying flat.
[5:49] Do bonds still serve as a safe asset in a portfolio (even with interest rates being low)?
[7:04] How does Rob and his team view volatility with regards to how they manage the equity portfolios?
[9:09] When Rob is looking at a company to invest in, what is he looking for (in terms of preparing for potential headwinds mentioned earlier)?
[9:53] What Rob sees playing out in regards to NAFTA and the current potential of a trade war happening in the world of politics.
[11:42] Does Rob think Donald Trump has a good strategic plan?
[13:39] Does Trump have the proper bargaining chips to actually go after a better deal with China and NAFTA?
[14:58] How does Rob see the potential trade wars playing out?
[17:05] What Rob’s biggest concern is about the Canadian economy in the short term.
[19:22] Rob’s concerns about the U.S. economy in the short and long term.
[20:46] Is Facebook a company or stock that Rob likes? Is it a buying opportunity with technology becoming such a large part of the market? And his thoughts on FANG.
[28:35] About the growth in the marijuana industry and the evaluations Rob is seeing in the market.
[30:41] Does Rob see there being other commodities or industries that are going to become more in-demand because of low supply? And more thoughts on the marijuana industry.
[34:13] Why are companies moving towards accepting cryptocurrency when we are seeing an insane amount of volatility?
Mentioned in this Episode:
Nicola’s Strategic Outlook Seminars
NAFTA
FANG
The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google, by Scott Galloway
Bitcoin
Guest Bio
More About Rob Edel
Rob is the Chief Investment Officer at Nicola Wealth Management.
Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).
For his full bio, visit: nicolawealth.com/our-team/rob-edel
About Your Host — Mark Therriault
Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Management podcast.
As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.
Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.
For his full bio, visit: nicolawealth.com/our-team/mark-therriault
For More Information on this Week’s Episode, Visit:
www.nicolawealth.com/thewealthexchange
Disclaimer:
This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.
