Integrated platform combines teams and tools to expand advisor capacity and client access
TD Wealth has introduced a consolidated discretionary investment management platform aimed at strengthening how it serves high-net-worth clients while simplifying the advisory experience.
The firm said the new structure brings together its Private Investment Counsel (PIC) and Private Investment Advice – Privately Managed Portfolios businesses into a single discretionary management offering operating under the Canadian Investment Regulatory Organization (CIRO). The move is intended to align advisory teams, investment processes and technology within one operating model.
According to TD Wealth, the change reflects growing demand among affluent investors for customized portfolios supported by deeper planning and ongoing advice.
“By simplifying and modernizing how we deliver discretionary investment management, we’re freeing up advisor capacity and enabling them to spend even more time providing clients with proactive guidance and insights,” said Ryan McNally, Head of Private Wealth Management at TD Wealth.
Historically, the two business lines operated under different regulatory structures and service approaches despite serving similar client segments. PIC functioned primarily as a discretionary portfolio manager and exempt market dealer, while Privately Managed Portfolios operated within the investment dealer channel.
TD Wealth said consolidating the offerings is expected to create a more consistent experience for clients while providing advisors with a broader range of investment capabilities within a unified framework.
The platform is designed to enhance portfolio construction and delivery by leveraging shared infrastructure and coordinated teams. The firm added that the integrated approach will allow advisors to devote more time to planning and relationship management rather than administrative processes.
TD Wealth positioned the launch as part of its broader effort to modernize discretionary advice delivery while supporting long-term growth in the high-net-worth segment.
