Ownership & Registration:  Nelson Portfolio Management Corp. (NPMC) is an independent, discretionary portfolio management firm registered in the provinces of Ontario, Manitoba, Alberta and BC; and is registered as an Investment Funds Manager in Ontario and Manitoba. Nelson Portfolio Management Corp. is a wholly owned subsidiary of BCV Asset Management Inc. (www.bcvassetmanagent.com). 1

Investment Tools:  Nelson Portfolio Management Corp. designs and manages investment portfolios using individual stocks and bonds, exchange traded funds and proprietary investment pools such as the NFC Tactical Asset Allocation Pool, the BCV North American Equity Fund and the BCV Multi-Strategy Alternatives Fund. As a discretionary portfolio manager, all buy and sell decisions in the portfolio are the responsibility of the portfolio manager. 2

Personalization:  To help ensure that the portfolio is being managed appropriately on your behalf, a thorough assessment is made of your current situation, investment goals, risk profile and time horizon. This information is transposed into an Investment Policy Statement representing your specific desires as to how your portfolio is to be managed over time.

Investment Minimums:  Our typical client has over $1 million in investable assets.  This is a level in which we can add the most amount of value, expertise, tax-efficiency and risk management.  Our minimum portfolio size is $500,000.  For portfolios between $500,000 and $1 million, to get exposure to all of our preferred investment strategies in the most optimal manner, you will be invested in a combination of our proprietary investment pools and funds.

Integrated Portfolio Management Fees:  Our portfolio management clients benefit from the financial planning expertise of Nelson Financial Planning Corp.  Our regular reviews are discussions comprised around lifestyle goals, income, your tax picture, net worth and expenses as well as your portfolio.  The following fee schedule includes both portfolio management fees as well as time incurred for ongoing financial planning considerations:

  • $500,000 to $1 million:     1.50% of portfolio value.
  • $1 million to $2 million:    1.25% of portfolio value.
  • $2 million to $3 million:    1.10% of portfolio value.
  • $3 million to $5 million:    0.95% of portfolio value.
  • $5 million to $10 million:  0.75% of portfolio value.
  • $10 million+:                            0.65% of portfolio value.

New clients will typically engage the financial planning service initially through Nelson Financial Planning Corp.  The integrated portfolio management fee schedule does not include the cost for the original financial plan document.

Risk Management:  One of the objectives of NPMC is to develop and manage lower cost, lower risk portfolios that are adapted to changing market environments and economic situations. The primary goal is to manage risk through effective security selection, asset allocation, sector allocation and geographic allocation strategies. If the risks of specific securities or asset classes, sectors or geographic regions appear to be higher than other alternatives, the risk will be managed using any number of different approaches. 3 By continuously monitoring and managing portfolio risks, NPMC strives to create a consistent return with lower levels of risk and greater tax-efficiency over time.

When structuring portfolios, NPMC strives to address the 5 great killers of wealth, create a tax-efficient portfolio and income stream (where necessary), reduce portfolio costs, reduce portfolio risks while also increasing income and helping the client to maintain or continue to build their accumulated wealth.

Next: How We Do It »

  1. NPMC is also registered as an Investment Funds Manager in Alberta and BC via the registration in Manitoba, where Manitoba is the principle regulator of NPMC
  2. Clients sign a Portfolio Management Agreement that grants this authority to NPMC
  3. Such as modifying the asset mix, investing in securities that offset the perceived risk and / or by using stop loss orders