What does discretionary management mean and how is it different from what I have today?

When we open a discretionary account we set a very specific risk profile. We then have the ability to make investment changes without needing to get approval from you first.
This allows us to manage your account far more effectively, reducing the burden on your time and allowing us to keep costs low. Fewer than 5% of advisors get to this level*, it is an indication of how hard we work for our clients.
Josh & Colin put together a short video that provides a bit more info on this subject.


*What is a Fiduciary Financial Advisor, Danny MacKay, SeekAdvisor, 2019. iA Private Wealth® is a division of iA Wealth Inc., a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada