Private Wealth Management
Start with Your Life.
Not a Financial Product.
Planning priorities change with how you earn and hold wealth. A business owner weighs salary, dividends and a holding company; an executive manages vesting equity; a family plans how assets pass on with less tax and friction. This hub groups Altiro Wealth guides by situation so you can start with the questions that fit you.
Bring the Whole Picture Together.
Planning priorities depend on how wealth is earned, owned and eventually used. A family managing personal accounts faces different questions from a shareholder deciding how much capital to leave in a corporation. This hub groups those questions without establishing a minimum asset requirement or recommending an individual course of action.
- Ownership and beneficiaries
- Family communication
- Estate and legacy
The Details That
Make a Difference.
Ownership. Timing. Family. Business.
The considerations behind each situation.
Families with Significant Wealth
Ownership and beneficiaries / Family communication
The Family Perspective
Planning priorities depend on how wealth is earned, owned and eventually used. A family managing personal accounts faces different questions from a shareholder deciding how much capital to leave in a corporation. This hub groups those questions without establishing a minimum asset requirement or recommending an individual course of action.
Ownership and Access
A household balance sheet can include a home, registered savings, taxable investments, private company interests and obligations to other family members. The account statement alone may not explain legal ownership, beneficiary instructions or access to cash. Start by gathering those records and separating present spending needs from future transfers.
Communication and Legacy
The high net worth planning guide considers that wider picture. Family communication matters alongside technical decisions: a structure that is difficult for successors to understand can create practical problems even when its tax treatment has been carefully considered.
Business Owners and Incorporated Professionals
Corporate and household cash flow / Salary and dividends
Separate Business and Personal Needs
Owners need to distinguish the company’s money from the household’s money. Operating reserves, debt payments, payroll and future business investment can compete with personal withdrawals.
Compensation Decisions
Salary and dividends affect more than the amount arriving in a bank account; documentation and retirement arrangements also matter. The business owner guide sets out the connected decisions.
An Annual Whole-Picture Review
A useful annual discussion considers the corporation and the shareholder together, using current financial statements and tax records rather than assuming that a previous compensation mix remains suitable. The costs and responsibilities of any additional company also belong in that discussion.
Physicians and Dentists
Professional incorporation / Retained earnings
The Practice and the Household
A professional practice combines earning power, business obligations and personal goals. Incorporation can add another layer of decisions about retained earnings, ownership and eventual transition. It does not remove the need for professional regulation, accurate accounting or a household cash-flow plan.
Professional Corporation Planning
A physician considering a Medicine Professional Corporation can use the corporate planning guide as a starting point for questions.
Flexibility and Professional Rules
Practice purchase debt, leave from work, changes in earnings and eventual succession can all affect available flexibility. Confirm the particular rules that apply to the profession and the corporation rather than borrowing an arrangement from a different business.
Executives with Equity Pay
Vesting and settlement terms / Employer concentration
Understand the Award
An executive may receive salary alongside stock options, restricted share units or other compensation linked to an employer. The documents for each arrangement govern when value is received, what restrictions apply and what happens after employment ends.
Concentration and Timing
A household can become concentrated in the employer through both its income and its investments. Begin by mapping vesting dates, settlement terms and known spending obligations.
Tax and Specialist Considerations
Tax withholding does not necessarily settle the entire personal tax liability. Avoid making a decision from a single quoted share price or assuming that every equity award has the same treatment. Specialist advice may be needed before an exercise, sale or cross-border move.
Athletes and Sudden Wealth
Ownership and tax obligations / Career and income uncertainty
Understand the Receipt
A large receipt and a sustained income stream are different planning situations. An athlete may need to plan around uncertain career length, contractual restrictions and income earned in more than one jurisdiction. A household receiving sudden wealth may need time to clarify ownership, tax obligations and family expectations before making permanent commitments.
Separate Urgent Decisions
Separate urgent decisions from decisions that can wait. Record the terms of the receipt and identify which professional expertise is required.
Keep Future Income in Perspective
Avoid setting recurring spending from a peak earning year or treating a one-time amount as a promise of future income. This hub does not provide a product recommendation for either situation.
Retirement Income
Income and withdrawal timing / Registered and corporate accounts
Plan the Timing of Income
Retirement planning brings the timing of income and withdrawals into focus. Registered accounts, taxable investments, corporate savings and pensions do not all have the same rules. A spending plan also needs room for irregular costs and changing family circumstances.
Understand the Account Structures
The RRIF guide explains one part of that system, while the IPP guide considers an incorporated employer’s pension arrangement.
Review Assumptions as Life Changes
Compare the assumptions behind each possible source of income rather than adding account balances together as though they were interchangeable. A useful plan is reviewed when circumstances change, and its estimates should not be confused with assured results.
Understand the Structures.
Connect the Decisions.
Explore the Planning LibrarySources
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