SOURCE: Monarch Wealth Corporation

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August 15, 2016 05:00 ET

Monarch Wealth Introduces Extraordinary Model Portfolio Capability for MFDA Advisors

As an Alternative to Fund-of-funds and Proprietary Products Monarch Links Independent Portfolio Managers and Best of Class Funds Into Its End-to-end Technology Platform

TORONTO, ON--(Marketwired - August 15, 2016) - Monarch Wealth Corporation (Monarch) is pleased to announce the availability of its Private Client Portfolios. Monarch has engaged the services of an independent, third-party portfolio consultant, Westcourt Capital Inc. (Westcourt), to provide advice regarding the model portfolios developed exclusively for the Private Client Portfolio service. As an adviser to Monarch, Westcourt provides the dealer on an ongoing basis with market perspective, commentary and portfolio analysis on the Private Client Portfolio service. In this advisory capacity, Westcourt helps Monarch offer MFDA advisors a viable alternative to fund-of-funds and in-house products with a sophisticated fee-based, model portfolio platform. Advisors can offer Private Client Portfolios directly to their clients without entering into any kind of referral arrangement with the Portfolio Manager.

"Layered onto our technology platform that affords advisors greater efficiency, is a comprehensive level of investment offering previously available only to the high net worth investor and certainly never before accessible to the mainstream mutual fund investor," said Yama Yaqeen, VP Operations and Technology, Monarch Wealth Corporation.

As the first MFDA dealer with an end-to-end electronic onboarding and fully integrated advisor console, Monarch has incorporated its fee-based account management and model portfolio solution into its comprehensive offering for advisors and their clients. Monarch's model portfolio capability is a multi-faceted alternative to fund-of-funds. With a long track record as one of Canada's independent mutual fund analysts, Westcourt's Dave Paterson advised Monarch on the creation of its first set of model portfolios. These portfolios are comprised of top ranked funds from multiple fund companies, are fee-based, offer tiered pricing and householding account benefits, are continually monitored and regularly rebalanced, and are free of any conflicts of interest that arise from proprietary product offerings.

"In an advisory capacity, we brought our extensive mutual fund knowledge coupled with our portfolio optimization model to bear on the design of Monarch's first set of model portfolios using funds from the following asset managers: TD Asset Management Inc., Beutel, Goodman & Company Ltd., Franklin Templeton Investments Corporation, Fiera Capital Corporation, and Mawer Investment Management Inc. The number of portfolios we can provide advice on is virtually limitless and for large branches we can help customize multiple sets of portfolios," said Dave Paterson, CFA -- Director, Westcourt Capital Corporation.

In a fee transparent and increasingly competitive environment, delivering value added investment solutions, such as Monarch's Private Client Portfolios, is imperative to client satisfaction and loyalty, and a key factor in driving an advisor's business growth.

About Monarch Wealth Corporation

As a boutique firm Monarch has been supporting extraordinary relationships between investors and advisors for four decades. Monarch's sleek technology platform provides advisors with a seamless interface to manage business complexities, empowering delivery of high quality, independent investment management solutions to investors using a more profitable business model. Its advisors can efficiently provide better advice to more investors with less data entry, less paperwork, and no manual rebalancing. Monarch advisors can provide outstanding service and sound, conflict-free wealth management advice for every stage of an investor's life.

Website: www.monarchwealth.ca

About Westcourt Capital Corporation

Westcourt Capital Corporation is a registered Portfolio Manager with assets under advisement exceeding $2.5 billion. Working with our high-net-worth and institutional clients, we specialize in the construction of conservative investment portfolios designed to protect capital and provide attractive risk-adjusted returns in difficult investing environments.

Website: www.westcourtcapital.com

Contact Information

  • For further information, please contact:
    J. Glenn Butt, M.Sc., CIM -- Chairman
    (905) 274-8839 x 101
    Email contact


    Dave Paterson, CFA
    Director
    Westcourt Capital Corp.
    Email contact