I am one of the Wealth Advisors in Canada who has attained the status
as Portfolio Manager. As such I am able to manage portfolio’s on a
discretionary basis. The discretionary structure has tremendous advantages:
- The discretionary platform enables me to manage time and
resources much more efficiently and effectively and to focus on our
- It enables me to place bulk trades and
make changes on a moments notice if necessary. This means that if we
decide to make a change (take a profit, add to a position, put in a
stop loss order), we can (and must) do so for all accounts at the
same time and price.
- All clients are treated equally (and
identically); it eliminates the bias to ignore the smaller accounts
or cater to larger clients.It allows me to properly diversify each
portfolio and not take transaction costs into consideration. It
allows us to have each client’s portfolio invested in the mandate
best suited for that individual and tax situation.
To assist in Portfolio Modeling, I utilize a comprehensive,
disciplined institutional equity strategy software called Morningstar
CPMS Institutional Equity Strategy Software.
This rigorous high quality software program allows me to build,
track and customize my models. Data is updated daily using powerful
filtering tools taking into account thousands of variables to rank
companies across North American Markets.