What is Discretionary Portfolio Management?
Most people today are too busy or simply not comfortable with having to make the day-to-day investment decisions that are needed to successfully navigate the financial markets. And though it might feel as if your stockbroker is keeping you informed, in reality they are transferring the ultimate decision-making responsibility over to you.
However, a single phone call rarely provides an investor with the ability to adequately assess the merits of an investment, much less bear the responsibility of the final decision.
Pacifica Partners is different. We believe discretionary management overcomes the shortcomings of traditional investment advisory services.
Discretionary portfolio management involves utilizing a qualified team in order to recognize and implement the complex day-to-day decisions necessary to fulfill your investment objectives.
Working with You
Our process starts with a thorough consultation to assess your investment needs and objectives. As we implement our process on your behalf, we will provide regular reporting and direct lines of access to your portfolio management team. As your needs and objectives change we update your portfolio accordingly. This ensures that our investment management decisions are directly aligned to your objectives.
The peace of mind that comes from knowing that your portfolio is managed by experienced and knowledgeable professionals allows you to focus on the other important things in your life.
A Higher Standard
Discretionary portfolio managers are held to a higher standard to act as a fiduciary (a higher standard of care) for their clients. At Pacifica Partners, we hold our fiduciary duty in the highest regard and as a result also adhere to a strict code of ethics to ensure that our clients’ investment interests are always served.
We provide comprehensive management of your wealth by providing complete portfolio construction, asset allocation, and risk management.
We insist on providing our clients with personal semi-annual consultations, as well as client newsletters, email updates, webcasts, online account viewing, and access to our Investment Waves blog.
Our discretionary services revolve around you:
“In a world of off the shelf solutions
you deserve a portfolio as unique as you are.”
Understanding Your Alternatives
Making sense of the investment options available to you can be difficult. Understanding what each type of financial services professional can and cannot provide is key to understanding which one is most suited to meet your needs.
In order to help you understand which investment option works best for you, we have summarized the differences between each option, as well as each option’s strengths and weaknesses in the table below.
This report has been prepared by Pacifica Partners Inc. and is intended solely for general educational purposes. This report is not intended to replace consulting by a qualified financial advisor and it is strongly advised to consult a financial advisor as to the personal suitability of the presented information. All information contained in this report is based on facts from sources that we believe to be reasonable as of the date of the report. However, we make no guarantee, representation or warranty, expressed or implied, as to such information’s accuracy or completeness. All opinions reported in this report are also subject to change without notice. No consideration has been made by Pacifica Partners Inc. regarding the specific investment objectives, financial situation, and circumstances of any person who may receive this report.