Clients engage BRAEHEID for financial consulting and
planning services, risk assessment, market education and to facilitate
access to professional wealth management through Investment Counsel/ Portfolio
Managers (ICPM) for family portfolios, estates, trusts
and foundations. Where BRAEHEID manages the wealth
services process, investment counselors manage the
specific investment portfolios and associated trading advice; accountants implement tax
advice and lawyers provide the legal advice.
BRAEHEID provides our unique Clients with personal meetings
at the different managers, where they are educated on
the managers' style, team, market expertise and fee
structure. When assets are ultimately placed, it is by
Referral only. The licensed ICPMs provide the
specific and independent discretionary investment advice
relative to the clients' situation, needs and mandate
per their individual KYC/Client Questionnaire and
Investment Policy Statement. As the client
advocate, BRAEHEID maintains a neutral position
regarding the investment portfolio manager, does not
provide direction over any client accounts, and does not
engage in the furtherance of any trade.
Clients of BRAEHEID open and maintain
separately managed accounts where investment account assets are held in
CLIENT NAME at an independent, third party
custodian or trust who are members of IIROC AND is a member in
good standing with the CIPF (Canadian Investor
Protection Fund). BRAEHEID does not require nor
accept direct deposits from clients. As the client
advocate BRAEHEID only utilizes investment
managers/firms where the assets are held in custody, in
client name. BDMC Mortgages
FSCO#10102, the Broker of Record.
Investment account mandates are selected, verified,
approved and managed by the clients' licensed PM(s) and
managed via a discretionary trading account where ICPMs
carry a fiduciary responsibility to invest on behalf of
the clients' best interests can carry the associated
liability. Investment accounts are managed by
party institutional quality Portfolio Managers, who must
be licensed and registered with the provincial or state
securities and exchange commission, where the client
Where client life stages or financial situations change,
upon notice BRAEHEID communicates these changes to the
appropriate parties for notice, and specifically to
investment managers for re-assessment of the KYC.
BRAEHEID from time to time, may also refer clients to
Charter Accountants (CA) for tax advice, or Trust and
Estate Lawyers (LLB) for legal advice; Braeheid does not
engage nor is expected to provide specific investment,
legal or tax
advice only to facilitate a complete and compliant
Private Client Wealth Services experience.
Full Disclosure of fees, services and limitations are an
operating practice and procedure at Braeheid.
BRAEHEID receives SERVICE trailing fees to manage
clients referred to investment counsel; fees are
disclosed to the client in writing as part of the
account opening documents.
Particular investment or tax strategies are evaluated relative to each individual's objective
and are implemented by a licensed professional such as a
Chartered Accountant, Insurance Specialist, or a
registered Portfolio Manager independent of BRAEHEID Management.
The content of BRAEHEID's website is for informational
purposes only and is not intended to provide individual
financial, tax, nor investment advice. Content provided
is only intended for information purposes only.
Statements are based on material believed to be
reliable, but are not guaranteed to be accurate or
BRAEHEID MANAGEMENT - bringing you the next phase of
Private Client Wealth Services.