Wealth Management

Voted #6 on Top 100 Family Business influencer on Wealth, Legacy, Finance and Investments: Jacoline Loewen My Amazon Authors' page Twitter:@ jacolineloewen Linkedin: Jacoline Loewen Profile

November 13, 2015

The need for Canadians to have a globally diversified portfolio is increasing

Jacoline Loewen and team Ottawa
The economy has been choppy, to say the least, and we asked our portfolio strategist to share the economic forecast for Canadian investors concerned about their portfolios.
Our Economics Forecast Luncheon in Ottawa had healthy debate and discussion.
My biggest take-away is that Europe has room for growth as they have had austerity and the governents are investing into their country infrastructure again.
Also, America is a resilient economy. Their job growth is strong, although service jobs do not have the same wage potential.
Thank you to Stephen Beckta, Beckta Restaurant, who hosted our private event.

If you would like to receive more inforation, please contact Jacoline Loewen - contact information on the side bar.

November 7, 2015

Ottawa economic luncheon

The four most expensive words in the English language are "this time it's different."  

Yes, it has been a turbulent few months, Our portfolio strategist, Pierre Ouiemet, will be visiting Ottawa on the 12th and will be discussing the ten investment themes that UBS Bank (Canada) is pursuing and will explore why these themes are critical. He will also disuss the interest rates - are they going up? If so, when.

We will be in Ottawa, Thurday 12th and hosting a private luncheon for select business owners to discuss why investing outside of Canada makes good financial sense.

Do contact us if you wish to join.

Jacoline Loewen, Director, UBS Bank

October 18, 2015

Business Transitions Forum, Vancouver, Tackles How to Value Your Company

Business Transitions Forum focuses on planning and transactional strategies guaranteed to smooth the transition of business ownership, while demystifying the process required to successfully sell your business. You will leave with the tools to create your own roadmap while understanding best practices and the roles played by expert advisors so that you can build your own team, if necessary. BTF’s large scale allows for anonymity if you prefer to blend into the crowd.
Jacoline B. Loewen, Featured Speaker and leader of BTF panel
I will be leading a panel of experts to discuss who are the experts that an entrepreneur needs to begin the process of transition. Questions that will be addressed include:
  • Where do I start and who can assist me?
  • What dictates how much my company is worth?
  • Who is buying businesses now and what are they looking for?
  • What tactics will maximize the value of my company while minimizing taxes?
  • How can I avoid compromising my marketplace while I look for buyers?
  • What will I do with the proceeds (and my identity) after the sale?
  • How can I assess the risks of succession within my family?
  • Why do so many business transitions fail?
Thinking about the future ownership of your business and don’t know where to start? Join us!

October 15, 2015

CBDC founder Pamela Jeffery names the Diversity 50 for Board Director positions

A leading voice in the fight to get more women and minorities on corporate boards in Canada has published its latest list of what it describes as highly qualified candidates.
Jacoline Loewen listed on the Diversity 50 for corporate boards
The Canadian Board Diversity Councilsays its so-called 2015 Diversity 50 Cohort includes eight men and 42 women, six of whom currently serve on FP500 or Fortune 500 corporate boards.
The diversity council says the group includes six aboriginal candidates, up from five in 2014, as well as 11 visible minorities. All were vetted under a process endorsed by participating CEOs from 11 large Canadian companies.
According to the council, the Diversity 50 initiative has resulted in 22 board appointments to FP500 or Fortune 500 companies since its inception in 2012.
Meanwhile, it says recent regulatory changes have highlighted the ongoing need to increase the number of female directors in Canada.
So-called "comply or explain" disclosure requirements adopted by securities regulators in most provinces and territories now require core TSX-listed issuers to disclose both their approach and progress in achieving greater gender diversity on their boards of directors.
"More women than ever before are sitting on Canada's corporate boards, but we need to do more," said CBDC founder Pamela Jeffery.

Jacoline Loewen

October 8, 2015

What one trait should every leader have? Jacoline Loewen explains...

Jacoline B. Loewen speaking about women in leadership
Ellevate Network Toronto presents the annual Women in Leadership Seminar Series.
This year, five amazing women presented their journeys to C-Suite.
This year’s ‘Leadership Series’ event, Women in Leadership: Journeys to C-Suite, features five accomplished and driven women who will share their personal stories of how they climbed the ladder of success and the challenges they faced along the way from a personal and professional perspective.
Jacoline Loewen said that the most important trait for a leader is being humble. You cannot do it alone.
6:00 PM Hors D’Oeuvres and Mingling
6:45 PM Panel Discussion
8:30 PM Networking
For more information, contact Cristina Onosé 647-299-9595 or email cristina.onose@gmail.com
Tickets for the NAAAP executive team will be $15, please RSVP by email to syazdan@me.com.
Thank You to Our Generous Sponsors!

Fiona Crean
Ombudsman, City of Toronto
Fiona Crean is the City of Toronto's first Ombudsman. Prior to this new post, Fiona was an Assistant Deputy Minister in the Ontario Government, responsible for managing significant organizational change in the correctional system. She established the Ombudsman's role at York University and was Executive Director of the Ontario Ombudsman's Office.
Dr. doris grinspun
Dr. Doris Grinspun
CEO, Registered Nurses' Association of Ontario
Doris Grinspun is the CEO of the Registered Nurses' Association of Ontario (RNAO), the professional association representing registered nurses, nurse practitioners and nursing students in the province of Ontario. From 1990 to 1996, Grinspun served as Director of Nursing at Mount Sinai Hospital in Toronto. She has also worked in practice and administrative capacities in Israel and the US.
Andrea cohen barrack pic tct
Andrea Cohen Barrack
CEO, Ontario Trillium Foundation
Andrea Cohen Barrack is the CEO of the Ontario Trillium Foundation, Canada’s largest granting foundation. Andrea has a lengthy and successful career in community healthcare. Prior to OTF, she was the CEO of Unison Health and Community Services. A transformative leader, she is recognized for her expertise in making organizations more effective.
Kim cohen
Kim Cohen
CEO, Brown & Cohen Communications & Public Affairs Inc.
Kimberly Cohen is the CEO of Brown & Cohen Communications & Public Affairs Inc., which provides public relations and marketing services across Canada. She helped grow the company’s revenue and client base significantly over the past 20 years conducting marketing and brand building campaigns for businesses from start-ups to the most trusted brands in many industries.
Jacoline loewen
Jacoline Loewen
Director, UBS Wealth Management
Jacoline Loewen and her team at UBS work with high-achieving entrepreneurs and executives of publicly traded companies, as well as owner-operators and family firms. She specializes in wealth management through the stages of financial growth. She is a director on the board of the Private Capital Markets Association Canada (PCMA) and the Toronto Atmospheric Fund.
Howard brown
Howard Brown
President, Brown & Cohen Communications & Public Affairs Inc.
Howard Brown is president and founder of Toronto-based Brown & Cohen Communications & Public Affairs Inc. Since 1991, Howard has provided public and government relations services to over 250 companies, associations and not-for-profit organizations including the Women's Brain Health Initiative, Professional Engineers Ontario and the Share the Road Cycling Coalition.

October 4, 2015

4 Patterns of Financial Decision Making for Couples

Ask any husband-and-wife team if they share in the financial decisions of their family business and they’ll probably say yes. But dig a little deeper, and you’ll find that their definition of ‘financial decisions’ varies greatly.
Special Article By Jacoline Loewen, Toronto, Canada
Men often view financial decisions as those pertaining to long-term planning, sale of business and insurance. Women, on the other hand, consider financial decisions as the management of daily expenses, accounts payable, employee benefits and payroll.

They also tend to differ when it comes to investing: risk tolerance, expected results from investing and financial priorities, which means emotions run high when money is discussed. In turn, these differences have a tendency to flow through to the family business.

As counsellors will attest, money can be a divisive issue in marriage; from the early days, over who is going to do the actual paying of bills, right through to decision making over investing and retirement planning. The pressure can magnify if the couple runs a business together.

Couples should make a point of having a ‘money conversation’ early on, and should explicitly communicate their financial hopes and expectations. In any relationship, making assumptions can lead to misunderstanding. Openly discussing risk tolerance and possible outcomes depending on the scenario will bring a better balance to the business too.

There are four main patterns of most financial decision making, which – for the family business couple especially – are important to recognize:

1. The man decides. Women gravitate towards predictable results, which may mean sacrificing higher rates of return. Men, on the other hand, tend to want to beat the market, despite the increased risk necessary to get heightened results.
When the man makes the decisions, he will often take the riskier decision with the hope of higher outcomes. This can stress the woman but she will not want to argue her position, which is why she will opt out of shared decision making. Female business owners, at the end of their family business career, often discuss how they would not have taken the higher risk investments made by their partner. Looking back, if there is success, it is easier to say the risk worked.

2. The woman decides. Financial decisions made exclusively by women make up a small percentage of couples. In these cases, the woman tends to be the primary bread winner. Interestingly enough, they pick up the men’s risk profile by liking more aggressive investments. They may be unhappy about having to lead the financial planning at the time, but on the plus side, they’re far less worried about running out of money once retired. These women also tend to turn to their financial expert to manage their finances and help make decisions about their investments.

3. Decisions are independent. LGBT couples are more likely than heterosexual couples to separate their financial planning and investment because of that important factor: differing risk tolerance. Despite being the same gender with the similar risk and outcome profiles, they see themselves as independent as compared to family business couples. The trick is to make sure to use a financial expert as a sounding board in order to balance the risk appetite. 

4. Decisions are shared. There are advantages having both parties to voice their concerns on a matter, but this might mean the ultimate decision results in a compromise of two conflicting opinions, which may not ultimately be the right one. There’s also the potential for more arguments if both parties need to be involved in every financial decision and do not understand the different risk profiles they each prefer.

Determine which partner is better at making particular types of financial decisions and then step back and get out of the way. This shouldn’t necessarily mean that the breadwinner makes all the decisions, and it doesn’t mean any one spouse makes all the decisions. It means that sometimes it’s better for the man or the woman to make a decision individually, sometimes it’s better for them to make shared decisions, and sometimes it’s better to make separate and independent decisions.

June 14, 2015

Billionaires - architects of wealth and legacy

There are times in history when it has been possible to take exraordinary wealth not seen for long stretches of a century. The majority of today's billionaires have made their wealth in the past 20 years. This has been called the 2nd Guilded Age, much like the beginning of the Industrial Revolution.
Leveling off is occurring now.
The characteristics of billionaires is the ability to take risk, to have the tenacity to keep going and the ability to scale up or grow the business. If they do not have the skill to grow the business, to be able to partner with someone who can grow their enterprise.
Legacy is important.
Over two thirds of billionaires are over 60.
Without clear and sensible governance, wealth can dilute rapidly. These wealthy individuals seek out wealth experts from the world's largest and longest run financial institutions. Planning and structuring are critical and it is a specialized expertise.
Some billionaires are setting up family offices which are like private equity organizations in how they run their investments. Again, these use the platforms of large global banks in order to achieve a truly diversified portfolio.
Philanthropy is very important
Over 100 billionaires have pledged half of their wealth to philanthropic causes. Again, true wealth management has a deep expertise in the philanthropy of their clients which can pass along the lessons to the next generation.
Jacoline Loewen, Toronto

For more information, contact Jacoline Loewen.
Twitter @jacolineloewen

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Securities and Advisory services offered through  a Registered Investment Advisor.

April 23, 2015

Sustainable Investing - Jacoline Loewen

Jacoline Loewen with the UBS Bank team on Sustainable Investing.
UBS Bank team presenting Sustainable Investing.

March 19, 2015

For those with $2M to Invest

For those who are wondering why you need a Swiss bank to manage your wealth - here is an useful excerpt from Financial Review:
UBS manages more than $1.6 trillion of private client money globally. Advisers at the private bank also give strategic financial advice on structuring investments, philanthropy and establishing family trusts and self-managed superannuation funds.


Each month, a global team of more than 900 analysts, asset managers and investment bankers, led by UBS global chief investment officer Alex Friedman, work together to review the world environment, assess the short and mid-term outlook and make high-level calls on what asset classes, and in what proportion, clients should be advised to invest.
Part of the review process is devoted to bouncing ideas off the chief investment officers of major global fund managers, such as BlackRock, Pimco and Aberdeen Asset Management. Those businesses are key partners of UBS and their views and experience lend a different perspective that helps with decision-making. “Our view is that asset allocation decisions are critical for the long-term performance of your portfolio," Chisholm says.
“First we have a robust investment process, to define broad asset allocation, and then we modify it for local conditions in each country. For each asset class we recommend investments or securities for the client."
Investment suggestions are based on research by analysts based around the world, as well as in Australia. Chisholm says local knowledge on a wide variety of global markets is a key part of the bank’s offer. Having an internal team that conducts all the research means advisers are confident they can vouch for its quality, he adds.
Research covers international stocks, bonds, foreign exchange and other asset classes. “We can offer our clients deposits or loans in up to 16 currencies around the world," Chisholm says.
“That’s a huge advantage in this environment, where you may want to invest internationally in certain securities or markets but if you can’t manage your foreign exchange position at the same time you may be exposed to risks you don’t want."
Clients are sometimes invited to speak directly to the research experts or participate in global and regional forums. The private bank offers its clients access to one-off investments, such as pre-initial public offerings and whole commercial properties sourced from the investment bank and other wealthy clients who wish to sell.
In Australia, UBS can help some investors buy debt securities, such as corporate bonds, in parcels of $100,000, which Chisholm says few other local wealth managers can offer.


The service is upmarket and won’t appeal to everyone. It targets people who have more than $1 million to invest. Generally, below that level, investors are more likely to be interested in domestic equities and cash.