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The Managed Portfolio Program

The Managed Portfolio Program is a new and simplified investment management option that enables clients to delegate the task of making the everyday decisions that help maintain a healthy and prudent investment portfolio. While this program frees clients from having to give their consent for every recommendation that we may have for their accounts, clients will still maintain control over their overall investment strategy.

As always, we will build a portfolio tailored to each client’s unique needs and circumstances. In the Managed Portfolio Program, clients will receive a detailed Investment Policy Statement that will help ensure that their portfolio continues to accurately reflect their changing needs over time. Clients will continue to receive regular communication from our office both through phone calls and our newsletters throughout the year and are still encouraged to come in annually for a big picture review meeting.

In addition to the benefit of not having to make the day-to-day decisions in client portfolios, there are several other benefits to the Managed Portfolio Program. Within this new program, clients do not pay commission on the trades that we would make on their behalf, instead all costs and expenses are covered by one transparent, all-inclusive fee. This fee is not tied to the amount of trading activity that occurs in the accounts, rather on the overall value of the portfolio. This different ideology supports the fact that we will always act in the best interests of our clients when it comes to trading in the accounts, not to generate commissions but because we believe that it is the prudent thing to do. In addition, the fee is fully tax-deductible in non-registered accounts and will waive all annual administration fees that are charged to registered plans.

Perhaps the greatest benefit to this new approach is that it will enable us to be more nimble and effective at entering and exiting the market, without the restrictions of having commission costs to consider for each recommendation we may have. It allows us to react quickly to rapidly changing market conditions on our clients’ behalf.

Clients who are interested in the Managed Portfolio Program must have $250,000 in household assets in order to qualify. This minimum asset level is put in place in order to ensure that portfolios will be sufficiently diversified and that risk exposure remains low.

Some additional benefits of this program include:

  • Top-rated industry expertise and market insights provided through sophisticated financial publications and a dedicated website for online research
  • Convenient online access to your investment account
  • A Managed Portfolio program binder designed to help you organize all your key financial documents, including account statements, trade confirmations and other information you will receive throughout the year
  • Educational seminars

If the Managed Portfolio Program approach is something you are considering for your own portfolio, please feel free to contact our office at your earliest convenience to discuss the program and fee structure in further detail.

"Very Pleased ..."

A Client Testimonial

"Together we have been with the Kelland Group at ScotiaMcLeod for over a decade. We have been very pleased with both the management of our portfolios and the personable, efficient service provided by the team. Rob, Jeannie and associates consider no question too big or too trivial, and always seem happy to respond promptly, either in person or by telephone.

Our primary objectives of conservative growth and dependable retirement income are being met, and the client appreciation events and Managed Portfolio Program are added benefits."

John and Perry
Clients since 1996
MPP Clients since 2006

Rob's a PM

Rob was accepted as an Associate Portfolio Manager into ScotiaMcLeod’s new Managed Portfolio Program. This was no small feat. Rob was one of only 25 advisors throughout ScotiaMcLeod in Canada that was given the right to manage client portfolios on a discretionary basis. In 2008 Rob attained his Portfolio Manager status, just two years after launching Managed Portfolios. Managed Portfolios now constitute over one-half of the entire Kelland Group's assets under management.