Investment Policy Statement Roadmap
We undertake an extensive review of the clients' return objectives, tolerance for risk, tax situation and future capital and income requirements. We then develop a personalized investment policy statement, which is agreed upon by both the portfolio manager and the client. This investment policy statement acts as a roadmap for long term management and is updated as required for changes to client circumstances.
Discretion / Transparency
We monitor financial markets and have discretionary authority to carry out transactions on our clients' behalf. Our compensation is entirely transparent and fee-based, calculated as a percentage of the assets under management. Management fees are tax deductible in non-registered accounts.
Safekeeping of Assets / Comprehensive Reporting
Client assets are held by a custodian that is closely regulated by the Investment Industry Regulation Organization of Canada (IIROC), and are protected through the Canadian Investor Protection Fund. This fund covers a maximum of $1million for all non-registered accounts, and another $1million for all registered accounts per client. Additionally, both Wickham Investment Counsel and your custodian must adhere to the Personal Information Protection and Electronic Documents Act (PIPEDA), to ensure that your personal information is kept confidential.
We provide clients with detailed quarterly reports in addition to the monthly statements received directly from their custodian.