Wealth management
Delegate the decisions, or keep them.
Both of our mandates come with the same research, the same planning team and the same named adviser. The only real difference is who signs off on each trade.
Wealth management is often sold as a product. It is closer to a working relationship: someone who understands your whole balance sheet, keeps the strategy honest when markets tempt you away from it, and tells you the unwelcome thing before it becomes expensive. What follows is how we do that, and what it costs.
TD Manage
Discretionary management
You define the mandate — objectives, currency, risk budget, any assets or sectors you will not hold, and how much cash must stay available. We then manage the portfolio inside those limits without calling you before every transaction.
That matters most in the weeks when it is hardest to act. Rebalancing into a falling market is straightforward on paper and very difficult in practice; a discretionary mandate means it actually happens.
- Mandate agreed in writing, reviewed twice a year, changeable by you at any time
- Managed by our investment committee against a published strategic allocation
- Assets held at your own custodian bank, in your own name, never with us
- A single all-in annual fee — no transaction charges, no product commission
TD Advise
Investment advice
Every decision stays with you. We provide the research, a recommendation with the reasoning attached, and a standing watch on how far the portfolio has drifted from the strategy you agreed. When you want to act on your own idea, we will tell you honestly what we think of it.
This suits clients who follow markets closely and enjoy the work — and who want a second opinion from someone with no incentive to agree with them.
- Named adviser, reachable directly, who knows your full position
- Proactive alerts when a holding breaches the risk or concentration limits you set
- Access to our research, House View and investment committee minutes
- Annual review of costs, tax drag and the total return you actually kept
Side by side
Which mandate fits?
If you are unsure, most clients start with an advisory mandate and move to discretionary once they know how we work.
| TD Manage | TD Advise | |
|---|---|---|
| Who decides each trade | We do, within your mandate | You do, every time |
| Your time commitment | Two reviews a year | As much as you want |
| Speed in volatile markets | Immediate | Limited by your availability |
| Named adviser | Yes | Yes |
| Research & House View | Included | Included |
| Planning review | Annual | Annual |
| Typical entry point | From $250,000 | From $250,000 |
| Annual fee | 0.85% – 1.10%, tiered | 0.60% – 0.85%, tiered |
Fees are illustrative, quoted on the market value of assets under management, charged quarterly in arrears and tiered so the marginal rate falls as the portfolio grows. Custody and dealing costs are charged separately by your bank. Your personal fee schedule is confirmed in writing before any mandate begins.
The TD Advisory Approach
One balance sheet, three jobs
Before we discuss a single holding, we divide your wealth by what it has to do. Clients who have been through this exercise tend to describe it as the most useful hour of the whole relationship.
Liquidity
Everything you will spend or owe within roughly three years, held in instruments that will be worth what you expect when you need them. The point of this pool is that it lets the rest of the portfolio be left alone.
Longevity
The capital funding the rest of your life. It needs real growth above inflation over decades, which means accepting that it will fall in value from time to time and that this is not, by itself, a problem.
Legacy
What is destined for the next generation, a business, or a cause. With the longest horizon of any pool, it can hold the most growth assets — yet it is routinely the most conservatively invested.
Establish the facts
A full inventory: accounts, property, business interests, insurance, debts, obligations and the entities that hold them. Most clients have never seen it all on one page before, and the page itself often changes the conversation.
Size the three pools
We test your spending against your capital under a range of market and inflation paths, then set the amount each pool needs. This determines your asset allocation far more than any questionnaire about risk appetite.
Implement and record it
The strategy is written down with the reasoning and the limits, so that in three years’ time neither of us has to reconstruct why a decision was made.
Review, and change it when life does
A new child, a business sale, a move abroad, a bereavement. The plan is meant to be revised — what it should not do is drift without anyone noticing.
Family office services
When the family balance sheet outgrows a portfolio
Families with operating businesses, property across several jurisdictions and more than one generation drawing income need administration as much as investment. We act as the coordinating point, working alongside your existing lawyers and accountants rather than replacing them.
- Consolidated reporting across every bank, custodian and entity you use
- Cash-flow management and treasury for family companies and trusts
- Secretarial support for family councils, and preparation of board papers
- Coordination of tax filings, valuations and audit requests
- Onboarding and financial education for the next generation
Lombard & bespoke lending
Liquidity without dismantling the strategy
Sometimes you need cash and selling is the wrong answer — a tax bill falls due, a property completes early, or a stake becomes available at short notice. A credit facility secured against your portfolio can bridge the gap without crystallising gains or breaking a long-term position.
Borrow with your eyes open
Leverage magnifies outcomes in both directions. If the collateral value falls, you may face a margin call at exactly the moment markets are weakest, and be forced to sell the very assets the facility was designed to protect. We will model that scenario with you before anything is drawn, and we will say so plainly if we think the facility is a bad idea.
Digital wealth platform
Everything in one place, updated daily
Reporting should not require a phone call. The client portal shows your full position whenever you want it, on whatever device you have to hand.
Consolidated valuation
Every account we oversee, including assets held elsewhere, in a single figure and a single currency of your choosing.
Performance you can check
Time-weighted and money-weighted returns, attribution by asset class, and the fees deducted along the way.
Document archive
Statements, contract notes, mandates and tax packs, searchable and downloadable for as long as you are a client.
Secure messaging
Instructions and questions in writing, on the record, rather than scattered across email threads.
Delegated access
Read-only views for your accountant, lawyer or spouse, granted and revoked by you at any time.
Two-factor security
Hardware-key or authenticator sign-in, session alerts, and no ability to move money to a new beneficiary without a call-back.
Next step
Let’s see whether we fit
Bring your current statements and we will give you an honest read on your allocation, your costs and your exposure — whether or not you become a client.