Counsel Wealth Management Inc, a subsidiary of IPC Financial Network Inc. is launching a new series of investment funds.

“We are absolutely delighted with the success of our mutual fund subsidiary Counsel Wealth Management Inc.,” says Steve Meehan, CEO of IPC. “Over the last number of months Counsel has consistently posted net sales of $15-20 million a month,” continues Meehan.

“Counsel is gaining broader acceptance within the IPC network as clients and planners seek comprehensive portfolio solutions rather than individual mutual fund choices. Counsel is meeting this need with the launch of the Counsel Portfolio Series, a family of single solution funds that assist advisors in providing clients with a fully diversified portfolio, that is regularly rebalanced to maintain clients individual risk tolerance,” says John Croce, president of Counsel.

William M. Mercer Ltd. assisted in the development of the optimum mix for each of the portfolios. The four Counsel Portfolios, which are also available in 100% RSP – eligible versions, offer different asset allocations ranging from conservative (60% Income, 40% equities) to all equity (100% global equities).