Wellington-Altus Private Counsel is part of the Wellington-Altus Financial Inc. group of companies, parent company to Wellington-Altus Private Wealth Inc.—the top-rated* wealth advisory company in Canada. With more than $25 billion in assets under administration and offices across the country, Wellington-Altus identifies with successful, entrepreneurial advisors and portfolio managers and their high-net-worth clients.
*Investment Executive 2023 Brokerage Report Card.
Our Private Wealth Counsel provides a fully-integrated wealth management service to ultra-high and high-net-worth private clients, endowments, foundations and institutional firms. This includes portfolio design, tactical asset allocation, a fiduciary and outsourced chief investment officer service, advanced tax and estate planning, insurance, philanthropy, and centralized reporting.
As a client we will work with you to instill confidence that your wealth will last for your lifetime and beyond—whether that be here in Canada or abroad.
The team at Wellington-Altus Private Counsel Inc., operating as Stonehaven Private Counsel offers a boutique approach to managing wealth backstopped by the significant resources of nearly $25 billion independent investment dealer firm and affiliates with offices across Canada, a cross-border advanced financial planning service and a U.S. Registered Investment Advisor.
Many investment advisors and managers focus their efforts on outperforming a particular benchmark. While this works well in a rising market environment, it can be catastrophic to a portfolio during large market corrections such as what transpired during the 2008 financial crisis and the 2020 Covid19 economic shutdown.
We differ by utilizing an approach to managing wealth that has been deployed for years by family offices and multi-family offices. It begins with a planning-led process whereby we partner with the client in identifying what their specific goals are for their family’s wealth. It is then followed by the design of a road map on how best to achieve these objectives while taking as little risk as possible.
The end result is that we are able to add a level of predictability and some certainty around the client’s financial future and what they hope to achieve. This can include tax-minimized wealth transfers, cross-border retirement, or as simple as ensuring enough is saved to preserve a certain lifestyle during retirement.
When it comes to our investment portfolios, each one is custom built according to the specific goals and objectives of the client while minimizing the associated risk. This is completed through the use of multiple strategies that can include a combination of our own in-house risk-managed fund, exchange traded funds and exclusive access to world-class external managers at institutional pricing. Portfolio risk is managed through an overlay of diversified tactics such as Dynamic Asset allocation, Low Volatility, Alternatives, Passive ETF’s, Private Debt, Private Equity and Multi-Strategy Solutions that have provided downside protection during volatile times.
While our portfolios primarily consist of institutional solutions and ETFs, we segregate security holdings in order to minimize the tax impact of transitioning an existing portfolio and/or those looking for a high level of customization.
We take the security of our clients’ wealth very seriously. This is why their investments are held with third-party custodians National Bank Independent Network (NBIN) and Aviso Correspondent Partners. NBIN currently serves over 400 firms with $180 billion in assets under administration. Aviso is owned by Desjardins and Canada’s credit unions—the Credit Union Centrals and The Co-operators/CUMIS, with combined assets of approximately $600 billion, and 12 million members and clients Canada-wide. Both are members of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).
The portfolio management team at Wellington-Altus Private Counsel Inc., operating as Stonehaven Private Counsel aggregates over 200 years of industry knowledge and experience. Team members are often approached to participate and/or moderate specialist panels at exclusive industry conferences and events, where we are asked to share our insights and experience on a variety of topics related to Wealth Management for affluent families.
In addition, members of the team have also been asked to contribute to many books, industry papers, articles and reports over the years ensuring that Wellington-Altus Private Counsel Inc., operating as Stonehaven Private Counsel is a catalyst in the power of financial education. Wellington-Altus is regularly featured in the media for views on the markets, investment strategies, risk-management and general investor education.