We are excited to announce that at the end of August, our investment partners will begin operating as TPC Wealth Management Ltd., an independent subsidiary of TPC Financial Group Ltd. Our goal has always been to provide our clients with the highest level of service in a way that aligns with their needs. That mission drives this change and will give our investment partners at TPC Wealth the freedom to customize the client experience while still delivering the wealth and investment management expertise that we have valued since our relationship began.
TPC Wealth will be a licensed discretionary portfolio management firm registered with the BC Securities Commission, a structure requiring much higher standards of education and compliance than the broader investment industry. You can learn more about what it means to work with a portfolio manager here. This discretionary management structure will allow the advisors at TPC Wealth to deploy investable assets more dynamically and with less hassle to the client, while offering full flexibility in the level of involvement you wish to have with your investments, ranging from hands-on to fully hands-off.
Although the name will change and their ability to serve clients will be improved, TPC Wealth will still be the same team of people in the same office location that currently operates as a branch of Raymond James Ltd. The new TPC Wealth will continue to have a relationship with Raymond James Ltd. as custodian of client accounts, allowing a seamless transition for existing clients. Account numbers, preauthorized contributions, and banking information will all remain the same and be transferred to the new TPC Wealth platform.
We pride ourselves on the close integration of our client’s investment strategy with their overall financial plan. We will continue to coordinate closely with our investment partners to ensure decisions are aligned with our client’s tax planning, life goals, and overall objectives. At the same time, both the planning and investment teams will retain their independence. With our planning-first approach, our guidance will continue to prioritize what is best for our clients. We have always been and will remain clients first.
Existing clients of our partners at Raymond James can expect to see additional communication in the coming weeks from their investment team to provide details of the transition and next steps. If you have any questions or if you would like to learn more about working with our investment partners, please do not hesitate to reach out to your TPC Financial Group advisor.
President TPC Financial Group Ltd.