This four-step process drives the development of your portfolio.

1. Understanding — Through in-depth discussion and analysis with you, we create a detailed profile of your financial situation, income needs, time horizon, risk tolerance, goals, and expectations. We may also prepare a detailed personal financial plan to help you manage debt levels or implement a savings strategy.
    
2. Planning — We prepare an individualized Investment Policy Statement (IPS) that outlines our asset allocation recommendation and our service and communication commitments, so that you know exactly what to expect when working with us.
    
3. Implementing — We select investments to implement the asset allocation recommendation outlined in the IPS. Each portfolio is constructed with investments that are aligned with your risk and return objectives, while incorporating estate planning and tax saving strategies.
    
   Your portfolio is constructed using combinations of Managed and Advised accounts:
   
   Managed Accounts are run by external investment managers on a discretionary basis, enabling you to enjoy the benefits of owning the individual securities in your account.
   
   Advised Accounts are run on a non-discretionary basis. We make recommendations for these accounts but you ultimately maintain control over the investment decisions. These accounts can hold a wide variety of investments; stocks, bonds, mutual funds etc.
    
4. Reviewing — Ongoing portfolio and performance reviews are conducted and discussions held with you throughout the year at a frequency that matches your needs. Rebalancing and adjustments are made at these points according to the original asset allocation or as circumstances change.
    
   Key to the reviewing phase is an annual personal meeting to determine whether your profile remains accurate and, by extension, whether the strategy we have in place for you continues to meet your current and future financial needs.

The comments contained herein are general in nature and professional advice regarding an individual’s particular tax position should be obtained in respect of any person’s specific circumstances.