Latest news with #Emeraude
Axios
7 days ago
- Business
- Axios
The Shift: Emeraude is the successful startup's startup
A group of NWA partners launched Emeraude, a sort of "family office for hire" to solve the puzzle for entrepreneurs who need one, but don't (yet) require full-time staff. Why it matters: Baby boomers are projected to pass down between $84–$124 trillion by 2048 in the Great Wealth Transfer, so many entrepreneurs are seeing a need for family office services to help transition their assets to the next generation. Between the lines: A family office is a structured business outside of a corporation that deals specifically with the owner's wealth and affairs, and frequently manages its philanthropy and estate planning. State of play: They're the sort of headaches most startups covered in The Shift hope to one day have — how to grow the business, transfer it to the kids or organize governance around philanthropy. Emeraude (the French word for emerald, but the Arkie pronunciation sounds like Emma-road) of Rogers can help do those things, aligning a family's values with its growth and legacy planning. It isn't a wealth management or investment company, managing partner Graham Cobb told me. Emeraude will help "oversee wealth." Case in point: Graham gave an example of a business owner wanting to build a mixed-use commercial property, but no one in the company has any particular expertise in the work involved. "'We don't want to put it out to bid, because we're going to get gouged,'" he said of a scenario conversation. "'And we don't want to start a construction firm, and we don't want to start a property development firm.' So those are all things that family offices can do for the individual" that Emeraude can now handle. Behind the scenes: The new company stands alone, but is chaired by Jim Smith and vice-chaired by Rebecca Hurst, who together run the Smith-Hurst law firm of Rogers. Kristin Baldwin, chief operating officer at Smith-Hurst, also is a managing partner. What they're saying:"We can provide accounting and financial services, personnel and office management for [an entrepreneur's] businesses, as well as their day-to-day life," he said. "Managing some of that lifestyle concierge," like bespoke travel, Cobb said. "Even help you understand and access emerging health services and information. These are all things that successful individuals think about and want in their lives."
Winnipeg Free Press
29-07-2025
- General
- Winnipeg Free Press
Plane crash victim identified by flying club
A Winnipeg man who shared his passion for flying through his YouTube channel has been identified as the sole victim of a plane crash. Peter Toth, who had recently earned his pilot's licence, was confirmed as the victim in the weekend crash by his flying club. 'It is with great sadness that we learned today of the passing of one our most active chapter 63 members,' read a post on the Experimental Aircraft Association Winnipeg Chapter 63 Facebook page. 'Peter Toth loved working on our Emeraude and on his Challenger II, and more recently flying his Challenger. He had only recently received his pilot licence, and continued his training by getting his seaplane rating. Let's remember him by this photo, Peter flying his Quad City Challenger II, doing what he loved. 'Blue skies, and tailwinds, my friend.' Toth's privately registered Quad City Challenger II ultralight aircraft crashed in a field about 20 kilometres east of Winnipeg in the Rural Municipality of Springfield, the Canada's Transportation Safety Board said Sunday. The aircraft collided with terrain in a field near Dugald at approximately 10:50 a.m., the federal agency said. It dispatched two investigators to the area on Sunday. The pilot was the sole occupant onboard the two-seater plane, they said. A Manitoba RCMP spokesperson said Oakbank RCMP responded to the crash at around 11 a.m. on Saturday. Toth's YouTube page said he acquired his licence in 2024, but had loved flying long before that and enjoyed tinkering with his aircraft. 'Join me as I rebuild and upgrade a Challenger II, and learn to fly,' the description of his account said. 'Yes, I got the airplane before I got my pilot's licence. I consider it motivation to finally realize a lifelong dream of flying. Adventures await in 2024, as this is the year I take flight as a licensed pilot, in my airplane, and start to explore.'
