What is an Investment Counselor?
An investment counsellor is a fully-qualified professional who has satisfied very rigorous training and experience requirements and who has been licensed by the Ontario Securities Commission to manage investment portfolios on a discretionary basis and to advise clients. A counsellor’s only business is to manage client portfolios on a continuous, ongoing basis. He is independent and his only compensation is fees charged to his clients. The fees are based on the assets managed and the investment performance. Fees are never based on the number or value of transactions. An investment counselor is professionally trained to select only securities that are appropriate to the client’s circumstances and requirement. 5.
