Laurentian Bank Securities has launched its M3 service giving retail clients new access to experienced investment managers.

LBS says its customers can now get access to the same highly qualified investment management teams used by the largest institutional investors, but usually unavailable to a retail clientele with as little as $150,000 in assets.

Managed by First Asset Advisory Services, the M3 service allows an LBS advisor to prepare an investment portfolio that meets the client’s immediate financial objectives and to make these investments grow over time as the client’s financial expectations and needs evolve.

The new service has three levels of diversification: by investment manager; by asset class; and by management style. The process includes three steps: determining the investor profile’ identifying the right asset allotment; and establishing an Investment Policy Statement.

First Asset Advisory Services rebalances the personal investment portfolio on a quarterly basis to ensure that the investment strategy is consistent with the latest developments in the client’s situation and that the asset mix corresponds to the client’s financial objectives.

“The M3 service takes the burden of ongoing investment portfolio management decisions off the client’s shoulders while offering him access to the expertise of the best investment managers in each financial market,” explained Michel Trudeau, president and CEO, LBS, in a news release.

“It allows diversifying the personal investment portfolio by asset class, by economic sector and by geographic sector to help the investor participate in the gains in the global bullish markets, while minimizing the impact of downturns in any one market,” he added.