Articles & Insights
Financial Post: Managing Wealth  |  28 November 2009

The wise rich know about risk

You can’t manage what you can’t measure. Thoughtful wealthy investors have learned this adage applies to managing investment capital as much as it applies to running a business. If meaningful benchmarks and other investment measures aren’t defined at the outset, managing the family money can turn into an emotionally driven series of ad hoc actions and reactions that almost guarantee unwelcome costs and taxes on top of disappointing returns. Read more >