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What part does the fiduciary representative play in portfolio management?

April 26, 2017Fiduciary Management play portfolio representative

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What part does the fiduciary representative play in portfolio management?

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Given that Desjardins Private Management can have dealings with several brokers, it becomes crucial that the clients’ assets are not widely scattered, that transaction closings and the holding of securities be consolidated with the assigned fiduciary representative, which acts as an agent and courier of values.