TORONTO, Oct. 17, 2016 /CNW/ - Echelon Wealth Partners (EWP) has launched an exclusive partnership with renowned Calgary-based portfolio manager Terry Shaunessy to provide its wealth management clients with access to Shaunessy Investment Counsel's (SIC) tactical, globally balanced, diversified and custom ETF portfolio platform.
SIC is a boutique investment management firm catering to ultra high-net worth family offices and trusts with minimum mandates of $3 million. SIC specializes in diversified, balanced, high-quality, actively managed ETF portfolios that preserve the purchasing power of a client's funds, achieve long-term growth and address interest rate, credit, sector, geographic and currency risk.
EWP initially is offering its clients SIC's proprietary Institutional Global Balanced Composite for investment accounts of $50,000 and greater.
"As an independent wealth management company, Echelon has the ability to offer its clients unique products unavailable elsewhere," said David Cusson, Chief Executive Officer of EWP. "We pride ourselves on being client-first, and this exclusive agreement with Shaunessy Investment Counsel is an example of how we can source the best possible investment opportunities for our clients. Terry Shaunessy has an outstanding reputation and we are proud to be associated with his firm."
Mr. Shaunessy has been a senior institutional research manager and institutional portfolio manager for over 30 years, holding executive senior positions with HSBC Asset Management, Gordon Capital, Gryphon Investment Counsel and Merrill Lynch.
"We are very pleased to partner with Echelon Wealth Partners and to share with their wealth management clients our highly successful custom investment management process which has, up to now, been available only to ultra high net worth clients," said Mr. Shaunessy, Portfolio Manager and President of Shaunessy Investment Counsel.
About Echelon Wealth Partners
Echelon Wealth Partners Inc. is a Canadian independent wealth management and capital markets firm known for its client-centred approach and innovative, entrepreneurial spirit. The company has more than 80 investment advisors and portfolio managers with approximately $4 billion in assets under administration and management. Echelon offers a wide range of financial services for individuals, households, institutions and corporate clients from its offices in Toronto, Oakville, Ottawa, Montreal, Calgary, Vancouver, Victoria and Tokyo. Echelon Wealth Partners is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). www.echelonpartners.com
About Shaunessy Investment Counsel
Established in Calgary in 2000, Shaunessy Investment Counsel is a boutique investment management firm specializing in globally balanced, diversified custom portfolios for clients with mandates over $3 million. Its portfolio managers create tailored portfolios and only manage segregated portfolios (not pools). As an independent firm, the sole source of firm revenue is investment management fees, which means the success of the firm is inextricably linked to its ability to deliver for its clients.
Shaunessy Investment Counsel is regulated, audited and licensed to operate by the Alberta Securities Commission and Canadian Securities Administrators. www.shaunessy.com
SOURCE Echelon Wealth Partners
For further information: Media may contact: Patricia Best, Chief Communications Officer, Echelon Wealth Partners, [email protected], 416-304-7811