MANAGED PORTFOLIOS
United Financial Private Client Managed Portfolios
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Your wealth is the cumulative result of your hard work,
discipline, and astute management. Yet managing
wealth can be as much of a challenge as achieving it.
For peace of mind, you want your investments
to continue growing. You want to enjoy
your wealth to the fullest.
For peace of mind, you are ready to consider the
comprehensive wealth management services of United
Financial Private Client Managed Portfolios, offered
You benefit from:
Customized portfolios unique to your needs
An Investment Policy Statement a written roadmap for your investments
Asset allocation
diversification across 11 separate asset classes
A multi-manager approach
a lineup of independent, world-class investment managers
A strict investment mandate
ensures managers continually meet their investment objectives and stay true to their discipline
Automatic rebalancing
asset weightings automatically rebalanced to maintain your risk profile
Comprehensive reporting
an all-inclusive report that focuses on your complete portfolio
Integrated wealth planning
access to our team of investment and wealth planning professionals
A personal Wealth Planning Report
a comprehensive wealth plan encompassing financial analysis, risk management, tax and financial strategies and wealth transfer options
Tax efficiency
detailed tax reporting, fee disclosure and tax deductibility on open accounts
The many advantages of
Private Client Managed Portfolios
The Private Client Managed Portfolios program is a complete
wealth management solution that integrates investment
management with wealth planning and personalized advice for
a comprehensive approach to managing your financial affairs.
The United Financial Difference
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Through Private Client Managed Portfolios,
United Financial offers a unique multi-disciplinary
approach to managing your complex financial needs.
While most other private client programs focus
solely on investment management, we take a
different approach. By integrating investment
management, wealth planning and personalized
attention in a single customized program,
we help to simplify your financial affairs.
“How can te avise,
i te see ut a art.”
The role of your Assante advisor
Your Assante advisor is a skilled and trusted professional
whose role is to simplify and guide you in the management
of your personal finances and wealth.
By understanding all of your financial and wealth
management needs – investment, tax, insurance,
cash and debt management, retirement, and
estate planning – your Assante advisor can
provide a cohesive and integrated approach.
Your Assante advisor is your link to a
broad range of resources and specialized
expertise. Our team includes
Investment Counsellors and wealth
planning professionals who will work
with your other professional tax,
accounting or legal advisors, as
needed. Your Assante advisor is an
effective partner who can leverage these
resources in building and protecting
your wealth.
The result is completely customized,
confidential private client service that
you can trust.
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The Investment Counselling Process
1
Setting
objectives
Working with your advisor, you and one of our portfolio managers complete the Investor Profile Questionnaire. We will learn more about you and your family, what you want your investments to do for you, your tax situation, whether you’ll be needing income or cash from your portfolio and how much risk you’re comfortable assuming.
2
Creating an
Investment
Policy Statement
Once you have set your objectives, the professionals at United Financial will create a detailed plan known as an Investment Policy Statement. Your Investment Policy Statement is your personalized investing profile. It details a plan for your customized portfolio.
Your private client experience at United Financial
begins with the development of a personal investment
strategy unique to you. We examine your investment
objectives and goals, liquidity needs, growth
expectations, tolerance for risk, income requirements,
investment time horizon, anticipated changes in
lifestyle, tax considerations, and economic variables
such as inflation and market volatility.
Your custom portfolio is built to offer the
highest potential returns for the amount of
risk you’re willing to take, and is carefully
3
Determining
asset mix
Your portfolio is based on strategic asset allocation, a long-term investment strategy that determines the best asset mix for your portfolio. By diversifying across a balanced asset mix, you are not dependent on any one manager, region or asset class for your investment returns. This approach creates the most efficient portfolio for you.
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Implementation
Your portfolio will be implemented using United Pools. World-class investment managers look after your portfolio and are selected from among the industry’s most seasoned, proven professionals. We optimize your portfolio from a tax perspective, by dividing your assets among family accounts in the most tax efficient way.
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Reporting &
communication
Every three months you will receive a consolidated report on your portfolio documenting the value of your holdings, how much you have invested over the period, your personal rate of return, and other important information. Detailed tax reporting is provided on a calendar-year basis for individuals or customized to the fiscal year of your corporation or trust.
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Monitoring
progress
effectively
A key component of managing your portfolio is making sure it stays within the asset mix outlined in your investment policy statement. We continuously monitor your investments and rebalance by buying and selling portions of your portfolio when necessary to keep your portfolio on track with your plan.
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Strategically Engineered Portfolios
Our portfolio recommendations and solutions
are supported by a widely recognized team
of accredited investment analysts.
Their expertise, along with our external
managers, allows us to engineer portfolios
tailored to your unique needs.
We use our powerful research capabilities to
identify and select independent, strong investment
We make sure your portfolio
remains true to your goals
Rebalancing your portfolio
We continuously monitor your portfolio to ensure that your
asset allocation remains appropriate. Over time, as different
asset classes perform at different rates, your portfolio may
deviate from your original asset allocation and may add
more risk than you are prepared to take. We will rebalance
your portfolio when necessary to make sure your investments
stay within the guidelines set out in your investment
policy statement.
World-class investment managers
We choose independent, world-class investment managers
who undergo a rigorous screening process.
We continually evaluate the investment managers against
strict criteria to ensure that they adhere to their investment
mandate. The managers must invest according to the specific
investment approach for which they were hired and deliver
consistent performance compared to their benchmark.
Managing your portfolio for tax efficiency
We optimize your portfolio from a tax perspective, by
dividing your assets among family accounts. All of your
registered and non-registered accounts are viewed as a
single portfolio, allowing us to strategically allocate your
investments for the greatest tax efficiency. We ensure that
heavily taxed investments are sheltered in registered plans
or are held in accounts of family members who have a lower
tax rate. Investments offering favourable tax treatment or
tax deferral opportunities are placed in accounts of a
higher income earner.
To help minimize your tax bill, we manage your money
differently than other firms.
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All your family’s accounts are viewed as a single portfolio
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New deposits are allocated to asset classes in
your portfolio that have recently underperformed
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Rebalancing only takes place when necessary, not according
to a pre-set schedule. We consider the tax effects that may
be triggered if your portfolio needs to be rebalanced.
The Wealth Planning Process
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At United Financial, we use a comprehensive,
multi-disciplinary approach to wealth planning. Our
Wealth Planning Group will work with you and your
advisor to create a professional, comprehensive wealth
plan designed to preserve and enhance your wealth
with effective tax, estate, and financial strategies.
Our Wealth Planning Group includes investment
analysts, accountants, lawyers, estate and insurance
specialists and financial planners dedicated to
delivering solutions to the unique and sometimes
complicated situations you face. Together with your
Assante advisor and Investment Counsellor, they work
closely with you and your other professional advisors
to deliver an exceptional private client experience.
1
Setting
expectations
2
Gathering
data
To provide an accurate picture of your current financial situation, as well as your lifestyle goals and plans for your estate, we compile all the necessary information.
3
Wealth Planning
Report
Your financial information is reviewed and analyzed to assess your current net worth and your financial, risk management, tax minimization and estate planning needs. Before preparing the final report, the data and underlying assumptions are validated by you and your advisor to confirm that the information and the financial picture are accurate.
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Recommendations
Once we understand your financial goals, objectives and current situation, we identify appropriate financial, tax and estate planning strategies. We will guide you through your customized wealth plan and discuss the implications of each course of action, and work with you and your lawyer or accountant to implement the recommended strategies.
