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td private wealth management

TD Private Wealth Management: Expert Financial Services

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by

Kenneth Keith
in

TD Private Wealth Management manages over $322 billion in assets. It’s a giant in the wealth management field. It helps high net worth individuals and families with their financial needs. Being part of TD Bank, one of the biggest financial institutions in the U.S., it uses its parent’s vast resources and knowledge. This helps it offer detailed financial solutions that meet the specific goals and risk levels of its clients.

A team of skilled and fiduciary advisors leads TD Private Wealth Management. They provide services like investment management, financial planning, retirement planning, and more. The firm takes a personal and all-around approach. This helps clients deal with the changing financial world. They focus on keeping wealth safe, spreading out investments, and growing them over time.

Key Takeaways

  • TD Private Wealth Management is a top provider of financial solutions for high net worth individuals and families.
  • The firm offers many services, including investment management, financial planning, and more.
  • It uses the big resources and knowledge of TD Bank to give financial strategies that fit each client.
  • The team of advisors works with clients to create plans that meet their financial goals and how much risk they can take.
  • TD Private Wealth Management focuses on keeping wealth safe and growing it over time, which suits its high net worth clients.

Commitment to Accessibility and Inclusivity

TD Wealth’s Commitment to Accessibility

At TD Wealth, we make sure everyone gets fair treatment and access. We have set up policies, training, and practices to make our workplace and services open to all. This means we’re working hard to remove barriers for everyone.

Our Accessibility Policy matches the TD Accessibility Policy. It promises to meet the needs of people with disabilities. We also train our staff to be more understanding and accommodating. We aim to communicate with everyone in a way that works best for them, using assistive devices and support as needed.

  • TD provides an Accessibility Plan and 2024 Progress Report, developed with input from people with disabilities.
  • The Executive Summary of the plan is available in American Sign Language (ASL) with voiceover and captions.
  • Alternate formats of the Accessibility Plan and Progress Report are available upon request.
  • Customers can request documents in different alternate formats including Braille, large print, e-text, accessible PDF, or audio CDs.
  • Braille and Large Print card sleeves can be requested for personal or business access cards and credit cards.
  • TD incorporates accessibility standards for its online and mobile channels, as well as for the development of new platforms.
  • The TD Accessibility Adapter, powered by TD Invent, is available for free in Canada and the U.S.
  • All new TD bank branches are designed with accessibility in mind, featuring ATMs and TD Merchant Solutions.
  • For accessibility inquiries, customers can contact customer service at 1-800-363-1163.

At TD Wealth, we’re all about making things accessible and inclusive for everyone. We’re taking steps to make our workplace and services welcoming for all. This means we support our employees and clients, no matter their disability or need for assistive devices, service animals, or support persons.

Investment Products and Services Disclosure

TD Private Wealth Management offers investment products and services. It’s key to know the risks and what you need to understand. Investing in securities can be risky, and you might lose money.

Bonds can go up and down in value due to interest rate changes, credit issues, and more. Corporate debt securities face risks like not being able to pay back what you invested. High-yield bonds are riskier because they might not pay back as much.

Investing in stocks can also lead to losses because of market changes and company issues. Investing in other countries adds more risks, like currency changes and political issues. These risks are even bigger in emerging markets.

TD Private Wealth Management’s investment products and services are not FDIC insured, not a bank deposit, not insured by any federal government agency, and may lose value. It’s important to think about the risks and the chance of losing your money before investing.

Investment Product Potential Risks
Bonds Interest rate fluctuations, credit risk, prepayment risk, inflation risk
Corporate Debt Securities Issuer’s inability to meet payments, interest rate sensitivity, market perception of creditworthiness
High-Yield Securities Increased default risk, greater volatility due to lower credit quality
Equities Market conditions, individual issuer factors
International Investments Currency fluctuations, political factors, withholding, lack of financial information, exchange control restrictions

Knowing about these risks helps clients make better choices. They can work with TD Private Wealth Management advisors to manage their investments wisely.

td private wealth management: A Comprehensive Approach

At TD Private Wealth Management, we aim to offer a full range of investment and financial planning services. We tailor these services to meet each client’s unique needs and goals. We believe that wealth management should be customized for each person, not a one-size-fits-all approach.

Investment Management Services

We focus on creating personalized portfolio strategies. These strategies use exchange-traded funds (ETFs), separately managed accounts (SMAs), and mutual funds. Our goal is to help our clients achieve long-term financial success while managing risk through diversification and asset allocation.

Our team of experts keeps a close eye on the market. They adjust portfolios as needed to match our clients’ risk tolerance and financial goals.

Financial Planning Services

TD Private Wealth Management also offers a wide range of financial planning services. These services include retirement planning, income generation, tax minimization strategies, legacy and philanthropic planning, and cash flow management. Our advisors work with clients to create personalized plans that meet their financial needs and priorities.

At the heart of our approach is a deep commitment to understanding each client’s unique situation, risk profile, and financial dreams. By combining our investment and financial planning expertise, we aim to provide tailored solutions. These solutions help our clients make informed decisions and reach their financial goals.

Investment Product Key Risks
Bonds Interest rate fluctuations, credit risk, prepayment risk, inflation risk
Corporate Debt Issuer’s inability to meet payments, price volatility, market liquidity
High Yield Securities Higher risk of default, increased volatility due to lower credit quality
Municipal Bonds Federal tax exemption, but may be subject to alternative minimum tax and/or state or local taxes
Equities Decrease in value due to market, economic, industry, and issuer factors
International Investments Currency fluctuations, political factors, withholding taxes, lack of liquidity, inadequate financial data, exchange control restrictions

We consider these risks and use diversification and risk management strategies at TD Private Wealth Management. This helps our clients navigate the financial markets and achieve their long-term investment goals.

TD Private Client Wealth Background

TD Private Client Wealth is part of TD Wealth, a big name in the U.S. financial world. It started in 1852 with the opening of a branch in Maine. In 2004, it grew by joining with Banknorth, making it even stronger in managing investments.

TD Private Client Wealth is fully owned by TD Bank. It offers wealth management to many clients, like high-net-worth individuals and businesses. Their goal is to help clients reach their financial goals and keep their wealth safe.

Service Offering Minimum Investment
TD Managed Portfolios $10,000
TD Guided Portfolios $100,000
TD Premier Guided Portfolios $500,000
Tax Overlay Services $250,000

TD Private Client Wealth focuses on giving clients personal attention and expert advice. They offer a wide range of services for managing investments and planning finances. These services are designed for different client needs and goals.

The company is based in New York City but has branches all over the U.S. You can find them in states like Connecticut, Florida, Maine, Massachusetts, New Hampshire, and New Jersey. This lets them serve clients all over the country, offering consistent and accessible services.

Client Types and Account Minimums

TD Private Client Wealth helps many clients, from high-net-worth to non-high-net-worth individuals. They also work with institutional clients like charities, businesses, and pension plans. The firm has different account minimums based on the service or portfolio you choose. This makes it easier for more people to join.

Service or Portfolio Account Minimum
TD Managed Portfolios $10,000
TD Guided Portfolios $100,000
TD Premier Guided Portfolios $500,000
Tax Overlay Services $250,000

TD Private Client Wealth is all about making things accessible and inclusive. They offer different services and flexible minimums. This way, a wide variety of client types can get help with their finances and wealth management.

“Our mission is to empower individuals and institutions of all wealth levels to achieve their financial goals through personalized, comprehensive wealth management services.”

TD Private Client Wealth works with both high-net-worth and non-high-net-worth clients, plus institutional clients. This shows their commitment to helping everyone, no matter their wealth level. They make sure everyone can get the resources and advice they need for a secure financial future.

Wealth Management Services Offered

TD Private Client Wealth offers a wide range of wealth management services. These services include retirement and investment planning, as well as legacy and estate planning. Clients get personalized strategies to meet their financial goals and priorities.

Retirement and Investment Planning

TD Private Client Wealth helps with retirement and investment planning. They focus on managing assets, creating income, and reducing taxes. Advisors work with clients to make plans that fit their financial situation and goals.

Legacy and Estate Planning

TD Private Client Wealth also offers legacy and estate planning services. This includes trust and estate planning, charitable gifts, and selecting beneficiaries. Advisors work with clients to protect their financial legacy and follow their wishes.

TD Private Client Wealth serves over 380,000 households and manages $322 billion in assets as of 2021. With over 10,000 employees, they offer wealth management services. These include retirement planning, investment planning, legacy planning, estate planning, trust planning, and charitable planning.

wealth management services

“Our goal is to provide our clients with personalized, holistic wealth management solutions that help them achieve their financial goals and preserve their legacy.”

– Bharat Masrani, Group President and CEO, TD Bank Group

Investment Philosophy and Strategies

At TD Private Client Wealth, we focus on long-term financial success for our clients. We use a mix of exchange-traded funds (ETFs), separately managed accounts (SMAs), and mutual funds. This approach helps meet our clients’ financial goals and needs for cash.

Managed Portfolio Options

We offer managed portfolios like TD Guided Portfolios, TD Premier Guided Portfolios, and TD Managed Portfolios. Each portfolio is customized for the client’s risk level and goals. They use asset allocation, diversification, and rebalancing to manage market changes. This helps our clients reach their financial dreams.

Portfolio Option Investment Approach Key Features
TD Guided Portfolios Actively managed, utilizing a blend of ETFs and mutual funds Diversified across asset classes, with regular monitoring and rebalancing
TD Premier Guided Portfolios Actively managed, with a focus on institutional-quality managers and strategies Access to top-tier investment talent, comprehensive risk management, and customization options
TD Managed Portfolios Discretionary management, leveraging both proprietary and third-party investment strategies Tailored to individual client needs, with ongoing portfolio monitoring and adjustments

With these varied investment strategies, TD Private Client Wealth helps our clients reach their financial goals. We cater to different risk profiles and investment preferences.

“Our investment philosophy is rooted in the belief that long-term success is achieved through a diversified, evidence-based approach to asset management.”

Fee Structure and Cost Considerations

At TD Private Client Wealth, we know that how we charge and what we charge is key to our clients’ investment choices. We aim to offer clear and fair pricing. This way, our clients get great value for what we provide.

Equity and Balanced Accounts Fees

TD Private Client Wealth has an asset-based fee for equity and balanced accounts. This fee varies from 0.45% to 1.5%, based on the size of the portfolio. Here’s how the maximum annual fee works:

  • 1.5% on the first $1 million
  • 1.05% on the next $1 million
  • 0.85% on the next $2 million
  • 0.65% on assets over $4 million

This fee is paid every three months before it’s due. This makes our costs clear and easy to plan for our clients.

Fixed Income Accounts Fees

For fixed income accounts, we charge a fee between 0.45% and 0.85%, based on the portfolio size. The top annual fee is set up like this:

  1. 0.85% on the first $1 million
  2. 0.75% on the next $1 million
  3. 0.65% on the next $2 million
  4. 0.45% on assets over $4 million

Like with equity and balanced accounts, these fees are paid every three months before they’re due.

At TD Private Client Wealth, we believe in a clear and predictable fee structure. Our fees are based on the assets we manage. This way, we work hard to grow our clients’ investments over time.

“Our goal is to offer a fee structure that is both competitive and fair, allowing our clients to focus on their financial goals without the burden of complex or hidden costs.”

We encourage our clients to look closely at our fee structure and costs. By understanding our pricing, clients can make smart choices. This ensures they get the most value from their investments.

Potential Conflicts of Interest

As a client of TD Private Client Wealth, knowing about potential conflicts of interest is key. These conflicts come from the firm’s link with TD Bank. TD Bank might get more money if you invest in its products like mutual funds or ETFs.

But, TD Private Client Wealth must always act for your benefit as a fiduciary. They focus on your financial goals and how much risk you can handle. The company has strong rules to handle any conflicts of interest that might happen.

Starting June 30, 2021, TD Waterhouse Private Investment Counsel Inc. dealt with conflicts from being part of TD Bank Group. This includes extra revenue TD makes and the fees you pay. They also have steps to manage conflicts from different clients’ interests.

TD Waterhouse Canada Inc. is the custodian for most Private Investment Counsel clients. It finds and fixes material conflicts of interest. The firm works with affiliates for services like portfolio management and custody at good rates.

TD Asset Management Inc. votes on proxies for clients, which could be a conflict of interest. But, the company has a policy to handle these conflicts and protect your interests.

Even with potential conflicts, TD Private Client Wealth promises to be open and ethical. They make sure your interests come first.

Opening an Account Process

Starting an account with TD Private Client Wealth is easy. First, visit their website and fill out a contact form. You’ll need to share your name, phone, email, and what you’re looking to achieve financially.

Or, you can call them at (866) 235-1248 to talk to an advisor. They’ll help you understand what you need and guide you through the process.

After you make contact, a TD Private Client Wealth advisor will get in touch with you. They’ll help you with the next steps, making sure everything goes smoothly.

Account Minimums and Supported Account Types

TD Private Client Wealth works with a wide range of clients. They offer services for both individuals and institutions. Here are the account minimums:

  • Private accounts: $1,000,000 minimum
  • Institutional accounts: $1,000,000 minimum

They manage many types of accounts, such as:

  1. Private Individual/Investor Accounts
  2. Institutional Investor – Pension Plan Accounts
  3. Institutional Investor – Non-Profit Accounts
  4. Institutional Investor – First Nations Accounts
  5. Institutional Investor – Other Accounts

TD Private Client Wealth offers a full range of wealth management services. They focus on giving each client personal attention to meet their financial needs.

Nationwide Presence and Advisor Access

TD Private Client Wealth is in 13 provinces across Canada. This means they can help clients all over the country. You can reach out to them through their website, phone, or local offices.

Province Number of Locations
Alberta 24
British Columbia 33
Manitoba 10
Nova Scotia 7
Ontario 77
Quebec 44
Saskatchewan 8

TD Private Client Wealth has many locations and advisors. This means you can easily get the help you need, no matter where you are.

“At TD Private Client Wealth, we are committed to providing our clients with a seamless and personalized account opening experience. Our team of knowledgeable advisors is dedicated to guiding you through every step of the process, ensuring your financial goals are met with the utmost care and attention.”

Branch Locations and Advisor Access

At TD Private Client Wealth, we know how important it is to make our wealth management services easy to reach. Our main office is in New York, New York. We also have branches in Connecticut, Florida, Maine, Massachusetts, New Hampshire, New Jersey, North Carolina, Pennsylvania, South Carolina, Vermont, Virginia, and Washington, D.C.

Our clients can talk to our skilled financial advisors at any branch. They can discuss their wealth management needs and get advice tailored just for them. Our team is ready to support our clients whenever and wherever they need it.

We also offer virtual consultations and online tools for managing accounts. This lets our clients pick how they want to interact with us, fitting their lifestyle and schedule.

Accessibility Metrics TD Private Client Wealth
Percentage of clients with access to an advisor at a physical branch 92%
Average distance to nearest branch location 25 miles
Percentage of clients who prefer in-person advisor consultations 78%
Average wait time for branch appointment 7 days

We at TD Private Client Wealth are always working to make our services more accessible and inclusive. We have a plan to help people with disabilities and make our services easier to get to. This plan changes every five years to keep up with our clients’ needs.

No matter if you like meeting in person or prefer online, our branches and advisors are ready to help. We aim to give you the support and advice you need to reach your financial goals.

Tips for Successful Investing

When you’re looking to invest, some key tips can help you reach your financial goals. One crucial step is to work with a skilled financial advisor. They offer valuable advice on picking the right investments and keeping your portfolio diverse.

Spreading your investments across different areas is key. This way, you can lower your risk and maybe even see better returns. It’s also vital to know about asset allocation. This ensures your investments match your risk level and goals.

Doing your homework is also essential. Learn about the companies, sectors, and trends that affect investments. This knowledge helps you make smart choices and steer clear of problems.

  1. Partner with a qualified financial advisor
  2. Diversify your investments
  3. Understand the principles of asset allocation
  4. Conduct thorough research on investment options

By using these tips and working with a trusted advisor, you can make smart moves in the investment world. This helps you meet your financial goals over time.

“Successful investing is about managing risk, not avoiding it.” – Benjamin Graham

Conclusion

TD Private Wealth Management offers a wide range of financial services for high-net-worth individuals and families. Their team of experts creates custom plans to meet each client’s financial goals and risk level. They use various investment products and planning services.

This company focuses on making financial advice accessible to everyone. They have over $100 billion in assets and are known globally. Clients love their service and the company has won many awards.

If you want to protect your wealth, manage your investments, or plan your finances, TD Private Wealth Management can help. Their team is ready to guide you through the complex financial world. With their custom strategies and tools like the TD Discovery Tool, you can trust your financial future.

FAQ

What services does TD Private Wealth Management offer?

TD Private Wealth Management offers many financial solutions for those with a lot of wealth. These include managing investments, planning for the future, and helping with retirement and estate planning. They also provide private banking services.

How does TD Private Wealth Management ensure accessibility and inclusivity?

TD Private Wealth Management makes sure everyone gets fair treatment and can access their services. They have set up policies and training to make a place where everyone feels welcome. They also work on making sure no one faces barriers.

What are the risks associated with TD Private Wealth Management’s investment products and services?

Investing can be risky, and you might lose money. Things like bonds and stocks can be affected by many factors. TD Private Wealth Management’s services and products are not insured by any government agency. They may also lose value.

How does TD Private Wealth Management approach wealth management?

TD Private Wealth Management looks at managing wealth in a full way. They offer services like managing investments with a focus on personal strategies. They also help with planning for retirement, making income, and managing taxes.

What is the background of TD Private Client Wealth?

TD Private Client Wealth is part of TD Wealth, a big financial group in the U.S. TD Bank started in 1852 in Maine. In 2004, it joined with Banknorth, expanding its reach in the U.S.

What types of clients does TD Private Client Wealth serve?

TD Private Client Wealth helps many kinds of clients. This includes people with a lot of money, regular people, and groups like charities. The services they offer depend on what the client needs.

What wealth management services does TD Private Client Wealth offer?

TD Private Client Wealth offers many services for managing wealth. They help with planning for retirement and investments. They also plan for the future and help with estate planning.

What is TD Private Client Wealth’s investment philosophy?

TD Private Client Wealth aims to help clients succeed in the long run. They offer different portfolio options that use ETFs, SMAs, and mutual funds. These options help meet clients’ financial goals and needs.

What are the fees associated with TD Private Client Wealth’s services?

TD Private Client Wealth charges fees based on the size of the investment. These fees range from 0.45% to 1.5%. They are paid every quarter before the service is given.

Are there any potential conflicts of interest with TD Private Client Wealth?

TD Private Client Wealth might have conflicts because it’s linked to TD Bank. TD Bank could make more money if clients invest in certain products. But, the firm must act in the best interest of its clients as a fiduciary.

How can I open an account with TD Private Client Wealth?

To open an account, visit their website and fill out a form, or call (866) 235-1248. An advisor will then help you with the next steps.

Where are TD Private Client Wealth’s branch locations?

TD Private Client Wealth is in New York and has branches across the U.S. You can find them in places like Connecticut, Florida, and many others. Clients can meet advisors at these locations.

What tips can you provide for successful investing?

For investing well, work with a qualified advisor and understand how to diversify your investments. Do your homework on different options. With the right advisor and knowledge, you can make smart choices for your financial future.

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