Toronto-based ScotiaMcLeod Inc. announced portfolio advisor changes for two of its funds on Thursday.

Effective Aug. 5, Gryphon Investment Counsel Inc. will become portfolio advisor for the Pinnacle Strategic Balanced Fund, replacing Connor, Clark & Lunn Investment Management Ltd.

Gryphon was founded in 1981 as a private partnership, with 68.4% of the company owned by its operating partners. Gryphon manages more than $4.5 billion in assets and offers investment management services for balanced, fixed-income and equity (Canadian, U.S., global and International) mandates.

And effective Sept. 5, MFC Global Investment Management will become portfolio advisor for the Pinnacle Canadian Growth Equity Fund, replacing Aurion Capital Management Inc.

MFC Global is the wholly-owned asset management division of Manulife Financial Corp. MFC Global’s diversified group of companies provides comprehensive asset management solutions for institutional investors, investment funds and individuals in key markets around the world.

MFC Global manages approximately $287 billion in assets and has investment offices in the U.S., Canada, Britain, Japan, Hong Kong, and throughout Asia.

MFC Global and Gryphon will join a lineup of portfolio advisors already featured in the Pinnacle Program, a managed asset solution offered exclusively through ScotiaMcLeod.