The freedom to live the life you want
Private Investment Management offers a premium level of wealth management designed to free you from the day-to-day details of managing your wealth, giving you the confidence to pursue your goals knowing your wealth is managed in accordance with the highest standards. Many benefits include:
Your own personal Portfolio Manager
Private Investment Management is a unique advisor-managed account where you delegate responsibility for day-to-day investment decisions to a personal Portfolio Manager. With Private Investment Management, you get a completely customized portfolio designed by your Portfolio Manager. Your portfolio is built from the ground up based on factors such as growth requirements, income needs and risk tolerance. Because your approval is not required for every single transaction, your Portfolio Manager is able to take advantage of investment opportunities quickly and efficiently.
Your Portfolio Manager must work within specific guidelines established in advance and is accountable to these guidelines, which are regularly reviewed and adjusted according to your needs.
The highest credentials at your service
Only a select group of our Investment Advisors can offer you portfolio management services through Private Investment Management. Portfolio Managers must possess advanced investment credentials, extensive experience advising clients and substantial assets under administration. A.C. Elder & Associates possess these credentials and are able to manage these services.
Direct access to your Portfolio Manager
Unlike most money management programs where you never meet your Portfolio Manager, Private Investment Management offers you the unique opportunity to sit down with your Portfolio Manager and discuss your needs one-on-one. This personal relationship with your Portfolio Manager ensures your portfolio can more accurately reflect your individual goals and objectives on an ongoing basis.
Our meticulous six-step process
To ensure that we always act in your best interests, your Portfolio Manager follows a meticulous six-step process. This process balances your desire for freedom with your expectation for excellence:
Creating your investment policy statement
Your Portfolio Manager works with you to develop an investment policy statement, a written document that takes into account your unique needs, investing time horizon, tolerance for risk and more. Considering all these factors, your Portfolio Manager will recommend an ideal asset-allocation model for your portfolio.
Building your portfolio
Based on your ideal asset-allocation model, your Portfolio Manager will select an appropriate combination of investments for your portfolio. Virtually every type of investment is available to meet your needs. In selecting appropriate investments, your Portfolio Manager combines an understanding of overall global economic and market trends with fundamental research of individual investment opportunities. Senior economists, portfolio strategists and research analysts from various parts of RBC augment your Portfolio Manager's insights in these key areas.
Managing your portfolio
Your Portfolio Manager will make day-to-day investment decisions on your behalf to respond to and anticipate the changing market and economic landscape. For example, if the outlook for a certain region of the world improves, your portfolio will be adjusted accordingly within the guidelines established in your investment policy statement.
Third-party review and monitoring
An independent risk management group reviews your portfolio on a quarterly basis to ensure it meets the high standards set out in your investment policy statement.
Adjusting your investment strategy
Your Portfolio Manager will also meet with you on a regular basis to review your portfolio and get an update on your personal and financial situation.
Keeping you informed of your progress
You will receive a monthly account statement that details the activity in your portfolio and provides the current market value of all your positions. In addition, you can receive a quarterly rate-of-return calculation. You also have access to your accounts and timely market information through our online services.
Private Investment Management could be ideal if you:
Desire superior, personalized service and direct access to a professional Portfolio Manager
Want freedom from making daily investment decisions
Seek a disciplined approach to professional wealth management
Contact Us today for a consultation to see how our Private Investment strategies can work for you!