What is discretionary portfolio management?

For some investors, maintaining a traditional investment account simply doesn’t suit their needs or lifestyle. Our Discretionary Portfolio Management service offers you a direct relationship with an accredited Portfolio Manager and gives you the peace of mind that comes from having a direct connection to the person making the investment decisions in your portfolio. Yet, by delegating the day-to-day decision-making, you have more time to pursue your other goals and interests.

Discretionary portfolio management means giving a professional Portfolio Manager the authority to make investment decisions on your behalf. Your investment strategy will be designed and managed according to your clearly documented needs and goals. However, unlike a traditional investment account, it is not necessary for you to review and approve every transaction.

It’s a win-win situation. You are directly in touch with the person managing your investments, yet are not required to oversee each decision. These are handled by your Portfolio Manager, whom you’ve entrusted to manage your investments on a discretionary basis.

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How does it work?

As a client of Roth Panteluk Wealth Management, you will receive discretionary portfolio management, which means we are qualified to make all your day-to-day investment decisions with a fiduciary duty to act in your best interest. This frees you from stress and empowers us to act quickly when opportunities or risks arise.

We will create an Investment Policy Statement – a customized document that sets down unique parameters such as your goals, risk tolerance, time horizon, preferences and interests – which we use as a roadmap.

While discretionary portfolio management is widely available, direct access to the Portfolio Manager has traditionally been available only to a select few. This personal access will provide you with more control than you would have if your investments were managed by someone you have never met.

Transparent, competitive fees

Managed Portfolio Account (MPA) clients pay an asset-based fee that is completely transparent and all-inclusive:

  • MPA fees cover our discretionary portfolio management service, all necessary custodial and reporting requirements, and a broad array of integrated financial advice, including wealth, tax, estate, retirement, and business succession planning as well as insurance and banking solutions.
  • Another advantage of the all-inclusive fee is that our services are tax-deductible on non-registered, taxable personal and corporate accounts.

Discretionary portfolio management is often a good fit for:

Busy professionals, executives, and business owners

Trustees of charities, foundations, and endowments

Retirees who travel often, have busy lifestyles, or have no inclination to manage their own investments.

Individuals responsible for sizable family trusts


Who do we work with?


We work closely with our Investment Counsellors who are backed by BMO Private Investment Counsel, one of Canada’s oldest and largest investment counseling firms, and the investment arm of the BMO Private Banking group. It manages over $35 billion in assets and provides us with a full team of professionals behind the scenes who:

  • Perform the appropriate research and make astute recommendations for all components of your portfolio.
  • Assist me with asset allocation to achieve your desired growth targets while minimizing risk by seeking strong risk-adjusted returns.
  • Perform tactical asset allocation – adjusting your portfolio in a timely fashion when your circumstances or market conditions change.
  • Help me to preserve capital to ensure your family enjoys long-term, multi-generational success.
  • Follow an award-winning, institutionalized decision-making discipline to ensure you achieve the highest standard of professional expertise and to keep your investment decisions aligned with your goals.
  • Access world-class asset managers to help me build a diversified portfolio that anticipates your needs and responds to risks and opportunities. Their institutionalized decision-making approach to money management ensures we always apply top-in-class expertise to your portfolio.