Unlocking The Hidden Wealth In Your Client’s Business

Nobody needs reminding about our aging population and its impact on the financial landscape. However, relatively little attention has been paid to the amount of wealth which has been accrued within private businesses, and the implications of an individual's need or desire to realize upon that body of wealth. With more than 2.5 million owners of medium-sized businesses in Canada beginning to retire, an estimated $1.2 trillion in business assets are poised to change hands – the largest turnover of economic control in generations.

Despite the old cliché about a home being your biggest investment, where a private business exists it is often this asset which dominates the personal balance sheet. These businesses represent a tremendous opportunity to build wealth but can also present an enormous risk to an investment portfolio.