Managed Accounts
Our customized account management program combines consistent investment discipline with tax-effective strategies. Managed accounts are governed by your Investment Policy Statement (IPS) - a written document outlining your financial objectives (growth, income) and risk tolerance. Regular reporting includes performance, asset mix, and measurement to a relevant benchmark. Accounts and owners may be grouped together for the purpose of consolidated account management.
This approach to planning adds a layer of convenience to a portfolio which is designed to meet your individual needs, risk tolerance, and values. Managed accounts are rebalanced by the Portfolio Manager, based on your IPS. This maintains investment discipline; saving you time and ensuring your account is optimized to meet your objectives.
In managed accounts, we do not receive any compensation from product providers. This allows for the use of lower-cost investments and results in fully independent and unbiased advice.
Managed accounts are not offered by all advisors, and are not appropriate for all clients. Please contact us for additional information.
Management fees are charged monthly to your managed accounts. They are calculated based on the total value of assets held in your managed accounts and tiered as outlined below. Assets held outside of managed accounts will have a separate fee schedule applied.
Annual Management Fees:
(Plus applicable taxes. Fees are tax-deductible for non-registered accounts.) From $0 - $250,000 1.25%
From $250,001 - $1,000,000 1.00%
From $1,000,001 - $2,000,000 0.75%
From $2,000,001 - $3,000,000 0.50%
From $3,000,001 - $5,000,000 0.50%
$5,000,001 and above 0.40%
Additional costs: Additional costs are charged to cover operating and custody costs. Account Administration & Service Charges may apply. Non F-Class Mutual Funds and other trailer paying assets are considered non-billable assets and are excluded from the market value for fee calculation purposes.