Mandeville Private Client Inc. Launches New Portfolio Management and Trading System
BURLINGTON, ONTARIO--(Marketwired - June 18, 2014) - Mandeville Private Client Inc. ("Mandeville"), the Investment Dealer subsidiary of Mr. Michael Lee-Chin's Mandeville Holdings Inc., is pleased to announce Toogood EVOLUTION ("EVOLUTION"), its new portfolio management and trading system is now complete and LIVE for the firm's Portfolio Manager ("PM") and Separately Managed Account ("SMA") platforms.
Mandeville has partnered with Toogood Financial Systems to deliver state of the art portfolio management systems and trading capabilities in support of its managed accounts.
EVOLUTION provides Mandeville's IIROC Advisors who are additionally licensed as Portfolio Managers with the ability to create, direct, implement and rebalance model based portfolios, and trade securities on a bulk trade basis. Equity execution through EVOLUTION is facilitated on a direct to market FIX protocol basis-the system additionally provides capability to model and execute OTC fixed income securities and mutual funds processed through FundServ.
"Through the development and management of model based portfolios for clients on a discretionary basis, and our unique value proposition that emphasizes access to quality private and alternative investment opportunities, Mandeville continues to make significant strides in enhancing the private client landscape," stated Ray Sawicki, Mandeville's Chief Investment Officer.
This is a milestone achievement for Mandeville, which launched in May 2013, and received regulatory approval to offer managed account services with the introduction of a Portfolio Manager program in August 2013, followed by implementation of a third-party SMA platform in September.
"We are very pleased that Mandeville has selected Toogood Financial Systems Inc. for their portfolio management and trading solution. We look forward to a lasting partnership," stated Raymond Oh, President of Toogood Financial Systems.
About Mandeville Holdings Inc.
Mandeville Holdings Inc. is the parent company, founded by Michael Lee-Chin, of the Mandeville group of companies which includes Mandeville Private Client Inc., Mandeville Wealth Services Inc., Mandeville Insurance Services Inc. and Portland Investment Counsel Inc. The Mandeville group of companies is committed to providing clients with outstanding personal service and high quality products. Mandeville offers a differentiated approach to wealth creation by providing traditional investment products as well as private and alternative investment opportunities. Mandeville's goal is to democratize these private and alternative investment opportunities for wealth creation and where appropriate, provide clients with the same investment techniques used by ultra-high net worth and institutional investors. For more information about Mandeville, please visit www.mandevilleinc.com.
Toogood Financial Systems Inc., founded in 1997, is a provider of leading edge portfolio management and trading systems for the broker-dealer and portfolio manager segments of the financial services industry and has successfully offered portfolio solutions for wealth management and institutional clients across Canada for over 15 years. For more information about Toogood Financial, please visit www.toogood.com.