Investment Consulting Service

Transcription

1 Investment Consulting Service

2 The demands on your schedule may not allow time to manage your financial affairs. Professional management can help.

3 Investment Consulting Service

4

5 Table Of Contents The CIBC Wood Gundy Distinction Connecting You To The World Of Professional Money Management A Personalized Approach Building Your Portfolio The Due Diligence Team Tailored To The Affluent Investor Partners In Your Success one two four six eight nine eleven

6 The CIBC Wood Gundy Distinction Define your objective. Build your strategy. Grow your portfolio. CIBC Wood Gundy has provided wealth management services to generations of Canadians. In everything we do, we uphold the highest standards of excellence that have made our name synonymous with trust and integrity. We believe that investing is more than just a series of transactions. It s about getting professional advice from a qualified expert and knowing that someone you trust is looking out for your best interests. It s about having a seasoned professional monitor your portfolio so you can focus on other things. Investing is about building the future you ve dreamed of. Through unparalleled service, customization to your individual needs and valuable advice, CIBC Wood Gundy is committed to always acting in your best interest, now and in the future one to one. one

7 Connecting You To The World Of Professional Money Management Opening the door to the world s best investment managers. Investment Consulting Service is your gateway to an institutional-quality service with a customized approach. By combining the personalized service of your CIBC Wood Gundy Investment Advisor, the objective guidance and monitoring of the CIBC Wealth Management Consulting Group and the investment expertise of many of the world s leading investment managers, we provide you with an investment solution that can help achieve your long-term financial objectives. With thousands of professional investment management firms worldwide, the task of finding and hiring a suitable, high quality investment manager has become increasingly complex and cumbersome. Investment Consulting Service identifies, monitors and provides you access to leading investment managers that are usually only available to institutional investors. We offer a wide range of managers with diverse investment strategies, including Canadian, U.S., international and global equity, and Canadian and U.S. fixed income. Our complete line-up across asset classes and investment styles will help you shape your portfolio to fit your individual objectives. two

8

9 A Personalized Approach Effectively managing your investments requires in-depth knowledge of economic conditions, market forces and today s complex financial environment. Successful investing is a full-time job best left to investment managers who have dedicated themselves to this profession. At CIBC Wood Gundy, your relationship begins with a one to one consultation to understand your financial goals, risk tolerance and investment philosophy. Your Investment Advisor works with you to determine your customized asset allocation, tailored to your unique situation. He or she will then help you to select the appropriate first-class professional investment managers who fit your level of risk tolerance and investment philosophy, while implementing your optimal asset allocation. You will receive regular, comprehensive, first-rate reporting to monitor your investment portfolio. Your Investment Advisor is your consultant, identifying investment managers that fit with your investment objectives. Regular meetings the frequency decided upon between you and your Investment Advisor ensures you know the status of your investments, and any of your life changes are taken into consideration. Our strict due diligence and ongoing monitoring processes ensure all of your selected investment managers continue to meet our high standards. Knowing your financial goals is one thing, but determining how to get there is another. Since most investors require guidance on how to best achieve their goals, Investment Consulting Service connects you with experts every step of the way. four

10

11 Building Your Portfolio Investment Consulting Service has developed a four-step process to ensure your portfolio is right for you, and evolves with your lifestyle. STEP 1 Developing Your Personalized Investment Plan Finding the balance between risk and return lies at the core of any successful portfolio. Sitting down with your Investment Advisor to develop a personalized plan helps to ensure a common understanding of your circumstances. This includes how your ongoing financial obligations may impact your investments, your reaction to short-term fluctuations and your acceptable risk level. As part of the CIBC group of companies, your Investment Advisor has exclusive access to specialists at the CIBC Wealth Management Consulting Group to perform a thorough assessment of your objectives and personal circumstances. STEP 2 Determining Your Asset Allocation Strategic asset allocation is the process of determining the portion of your portfolio that should be invested in each asset class. Historically, asset allocation has proven to have a greater influence on the variation among the returns of different portfolios than either market timing or the selection of individual securities, although all three of these are important. 1 Your Investment Advisor, supported by a team of professionals, takes the following steps to determine your appropriate asset allocation: Assessment of the historical performance and relationships of various asset classes. Analysis of the unique behaviour of each asset class, including its risk/return relationship. Development of a forecast, considering inflation and trend expectations, to determine how each asset class will likely behave over the long-term. The result is a detailed proposal outlining your investment guidelines, optimal asset allocation and investment manager recommendations. six

12 STEP 1 STEP 3 STEP 4 Selecting An Investment Manager Once your asset allocation has been determined, your Investment Advisor will help you select the managers whose investment philosophies and styles complement your profile. Your Investment Advisor provides you with a customized proposal that identifies one or more suitable investment managers in each asset class. You will also receive detailed background information about each manager in your proposal so you can make your final selections with confidence. Benefit From Ongoing Monitoring Extensive first-rate reporting makes your portfolio reviews simple and straightforward. Our strict due diligence process ensures you can trust that our chosen investment managers remain first class. Continual, objective monitoring is vital to the ongoing success of an investment plan. With Investment Consulting Service, you have the comfort of knowing that your Investment Advisor and the CIBC Wealth Management Consulting Group s Due Diligence Team are all looking out for your best interests. A Quarterly Portfolio Review, reserved for only our most prestigious services, is provided for you to monitor your investments. This comprehensive report integrates all your portfolio information into one, easy-tofollow statement. The report includes your current asset allocation, account performance compared to market indices, statement of positions and a commentary from each investment manager. STEP 4 Building And Managing Your Portfolio Follows A Continuous Process STEP 3 STEP 2 Your Investment Advisor customizes your portfolio to your individual needs. As your needs change, you can revisit your personalized investment plan, and make any necessary adjustments. seven

13 The Due Diligence Team Due to the sheer growth in the investment manager universe, searching for and continually monitoring investment managers can be a daunting and time consuming proposition for the individual investor. Proper analysis of this information requires professional expertise, which is why Investment Consulting Service uses a dedicated team to identify and retain the world s best managers. We employ a rigorous screening process to identify managers from around the world whose investment strategies and proven track records ensure they are suitable for inclusion in Investment Consulting Service. Only those managers who meet the initial screening criteria and continually adhere to their stated investment process are selected and retained. The CIBC Wealth Management Consulting Group s Due Diligence Team is responsible for the identification and ongoing evaluation of the investment managers who take part in the Investment Consulting Service program. First-class professional investment managers. Comprehensive first-rate reporting. Due diligence and ongoing monitoring. eight

14 Tailored To The Affluent Investor As an investor who has accumulated wealth, you have complex needs that demand a higher level of service. Investment Consulting Service has been designed with you in mind, offering exclusive benefits to satisfy your needs: With Investment Consulting Service, you own the individual securities held within your portfolios. This means that you can work with your CIBC Wood Gundy Investment Advisor to implement tax-efficient solutions that benefit both you and your investments. You will be provided with year-end Realized Gain/Loss and Annual Fee Summary reports to assist you with your tax filing. Investment Consulting Service fees may also be tax deductible for non-registered accounts, making you eligible for tax savings on a portion of the fees you pay. As Investment Consulting Service is a personalized service, you can also elect to place reasonable constraints on your portfolio, depending on your social or moral beliefs. nine

15

16 Partners In Your Success As one of Canada s largest full service investment advisory firms, CIBC Wood Gundy has been providing investment services to Canadians for over 100 years. Our Investment Advisors are committed to fostering relationships based on trust through attention, guidance and delivery of investment solutions that meet your unique needs. With over a century of successful investing advice and access to the vast resources of the CIBC group of companies, we provide our clients with the best service possible, from the highest quality professionals. Your CIBC Wood Gundy Investment Advisor is committed to working with you to define, build and grow your investment portfolio. For more information on Investment Consulting Service, contact your CIBC Wood Gundy Investment Advisor. eleven

17 Trademark of CIBC World Markets Inc. CIBC Wood Gundy will be responsible to CIBC Wood Gundy Investment Consulting Service clients for the advice provided by any Investment Manager. CIBC Wood Gundy and the CIBC Wealth Management Consulting Group and ICS Program Manager, CIBC Asset Management Inc., are subsidiaries of Canadian Imperial Bank of Commerce. 1 Source: Brinson, Singer, Beebower, Determinants of Portfolio Performance II: an Update, Financial Analysts Journal, May-June Clients are advised to seek advice regarding their particular circumstances from their tax and legal advisors. CIBC Wood Gundy is a division of CIBC World Markets Inc., a subsidiary of CIBC and Member CIPF. SKU# ICS /07