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Football Star Finds a Home in the Investment Industry

Adam Bighill rises at 4:45 a.m. most days – and it’s not just to prepare for the coming season as a linebacker for the Grey Cup champion Winnipeg Blue Bombers. He’s also answering client e-mails and poring over financial news.

Besides being one the Canadian Football League’s (CFL) more accomplished defensive players, Mr. Bighill is also an investment advisor.

“This will be my career post-football, and for me to start building it now is important,” says the 31-year-old, married father of three young children.

Mr. Bighill has had an illustrious football career. The 10-year veteran has been awarded the CFL’s Most Outstanding Defensive Player twice and has also won the Grey Cup two times.

Now, Mr. Bighill has also joined another exclusive group of CFLers – those working in the investment industry. Hired last year as an advisor at one of Canada’s fastest-growing, independent investment dealers, Wellington-Altus Private Wealth Inc., Mr. Bighill is distinctive even in this respect.

Click here to read the full story originally published on The Globe and Mail on February 3 2020.

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June Market Insights: America at 250

America reaches its 250th anniversary not as a fallen hegemon, but as the dominant centre of global hard power, monetary power, and frontier innovation. It still sits astride the world’s resource base through energy, agriculture, and continental depth; it still issues the reserve currency at the core of global trade and finance; and it still leads the race to build artificial intelligence (AI) as the next digital platform. Yet precisely because American power remains so large, the visible breakdown of the post–Second World War rules-based order has become impossible to ignore. To anyone who has read German historian and philosopher Oswald Spengler’s The Decline of the West (1918), this is not a surprise but a pattern: history is not a straight line of progress. Instead, it is the record of civilizations that rise as living cultures harden into systems and eventually exhaust the moral energy that made them great in the first place. America did not choose this time, but it has been born into it.

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Winston Churchill, as first lord of the Admiralty, tied Britain’s fate to Persian oil. United States President Donald Trump’s war in Iran, centred on Operation Epic Fury, could do the same for the West by removing Iran’s nuclear shadow, resetting oil toward US$60, and finally unlocking a modern peace dividend.

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The Tax You Didn’t See Coming: Phantom Income Explained

For direct investments such as stocks and bonds, interest and dividends are taxed in the year in which they are received, and capital gains are taxed in the year in which they are triggered (sold). This results in a straightforward tax effect whereby the investor receives investment income and pays the appropriate amount of tax on a portion of the proceeds. With indirect ownership of securities, for example where an investor owns stocks indirectly through a mutual fund or an ETF, the tax situation may not be as simple.

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The information contained herein has been provided for information purposes only. The information does not provide financial, legal, tax or investment advice. Wellington-Altus Financial Inc. (Wellington-Altus) is the parent company to Wellington-Altus Private Wealth Inc. (WAPW), Wellington-Altus Private Counsel Inc. (WAPC), Wellington-Altus Insurance Inc. (WAII), Wellington-Altus Group Solutions Inc. (WAGS), Independent Advisor Solutions Inc., (IAS) and Wellington-Altus USA. Wellington-Altus (WA) does not guarantee the accuracy or completeness of the information contained herein.

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