With its A+ platform, RBC Dominion Securities Inc. is the Canadian leader providing unified managed account technology. This revolutionary approach provides direct access to some of the top money managers in the world in a single platform with a range of advantages in a rather elegant solution.
- Institutional portfolio management
- Direct ownership of stocks and bonds
- Transparency
- Tax efficiency
- Low transaction costs
- Efficient diversification
- Customization with the benefits of scale
The A+ Platform aggregates investment management strategies into a single account under a single platform.
The first step is establishing the asset allocation model. The model is divided into sleeves representing various asset classes, strategies and geographic regions. These are very important choices because asset allocation has the greatest impact on the performance of an investment portfolio. Once established the asset allocation models are regularly reviewed and adjusted to ensure alignment with economic conditions and changing client needs.
Manager Selection:
Once the asset allocation model is established choices must be made around how the investment mandate for each sleeve will be achieved. This can be accomplished using ETFs, investment funds or SMA Managers. A+ platform automatically transacts according the manager models and rebalances according to the asset allocation model.
SMA Managers build and maintain portfolio models according to specific investment mandates selling the intellectual property to wealth management firms such as RBC Dominion Securities for execution. Portfolio management and trade execution is centrally automated and the specific positions are placed directly in the specific client accounts. These SMA models usually replicate strategies that are also available in the form of investment funds, but SMA management is typically more cost effective and efficient. RBC Dominion Securities has brought together 52 SMA Managers from around the world onto the A+ platform through an extensive and continuous vetting process.
Please contact us if you would like to learn more about how Unified Managed Accounts might fit into your wealth management strategy.
