Ottawa-based MD Financial Management (MD) on Monday unveiled MD Financial Suite, a comprehensive set of new and enhanced investing services that offers more choice, flexibility and customization to Canada’s physicians and their families.
The new suite includes a discount online investment and trading platform, a low-cost automated investment service and a face-to-face advice service for clients.
MD Direct Trade is an online investment and trading platform provided by Vancouver-based Qtrade Financial Group. For MD clients who are looking to add a “do-it-yourself” portion to their portfolios, MD Direct Trade provides access to robust market research and tools to help clients make trading decisions and buy and sell at lower fees.
MD ExO Direct is a fully automated, low-cost online investment service, or robo-advisor, that allows clients to easily set up a portfolio and monitor the performance of their investments whenever — and wherever — they want. Clients have access to a team of MD Advisors to help along the way.
The MD Plus account offers MD clients personal financial planning with a dedicated advisor. A fee-based account, MD Plus introduces more fee savings with tiered pricing and more account choices. Clients also have access to in-depth advice on more diverse investment options, including advice on exchange-traded funds.
MD Private Investment Counsel continues to offer discretionary wealth management for MD clients with more complex needs or those who prefer to delegate their investment decisions.
Further enhancing and diversifying clients’ existing investment portfolios, MD last week launched MD Platinum. Partnering with New York City-based private equity manager BlackRock Inc., the introduction of MD Platinum Global Private Equity Pool brings institutional-level private equity investment strategies to discretionary retail investors, a Canadian-first.
“This is an exciting step as we continue to expand our service options while maintaining the standard of excellent advice and service that our clients have come to expect,” says Mike Gassewitz, executive vice president, member solutions, MD, in a statement.
“We know that not everyone wants to invest the same way. That’s why we now offer a range of investing solutions that allow clients to choose the level of advice and the type of service that best fits their needs so that they can confidently reach their financial goals,” he says.