Polaris Wealth does not hold client assets or property. Instead, we have chosen National Bank Independent Network (NBIN) to act as our custodian.
NBIN provides Canadian Investor Protection Fund (CIPF) coverage and is responsible for ensuring the safety of our client assets. Clients accounts are held directly with the custodian and Polaris Wealth has authorization to effect trades in their accounts and charge a management fee. Polaris Wealth has no other authority over the accounts.
The custodian is responsible for:
- ensuring the safety of client assets
- providing monthly statements
- providing year-end tax reporting
- providing online access to client accounts
Backed by the strength of National Bank, National Bank Independent Network has been a premier choice among introducing brokers and portfolio managers for over 20 years. With over 25 years of continuous service and a team of more than 200 professionals, National Bank Independent Network is one of Canada’s leading providers of custody, trade execution and brokerage solutions to independent Portfolio Managers and Investment Dealers. Today, they serve over 400 independent firms and custody over $180 billion in assets.
Full Service Wealth Management
Schedule a meeting and begin your full service on-boarding with a portfolio manager. Minimum asset levels apply.
Questions? Contact us via email, telephone or schedule a meeting.