All investments are managed by Portfolio Stewards Inc., a wholly-owned subsidiary of Wealth Stewards, and are held in custody at a third party custodian, National Bank Independent Network (NBIN), a division of National Bank.

At Portfolio Stewards, we construct globally diversified portfolios across a wide array of asset classes to reflect your personal attitude regarding risk and your investment objectives. Investing is a marathon, not a sprint.  We set our sights for the long term to help you achieve the personalized lifestyle you wish.

Our Investment Philosophy

Families today expect more sophisticated portfolios that do not just contain a selection of stocks, bonds and standard bank mutual funds.  Portfolio Steward’s investment philosophy is based on a core-satellite approach.  The core aspect of portfolios is comprised of traditional fixed income and equities.  The satellite aspect is comprised of assets which provide less correlation to capital markets, low volatility, accessing niche asset classes, more predictable returns, and minimizing taxes – in order to provide an enhanced after-tax risk adjusted return profile.  These are known as Alternative Investments.   

The Core

Our core strategy uses highly diversified and low cost securities, such as Exchange Traded Funds (ETFs), institutional funds, and individual stocks; to represent the major asset and sub-asset classes of equities, bonds, real estate and cash. The core is neither a passive nor a static strategy, rather a set of multi-factor systematic analyses.  Furthermore to the multi-factor analyses, allocations are dynamically adjusted when long-term macroeconomic trends are identified in global markets which will have significant impacts on portfolios.

The Satellite (Alternative Investments)

The satellite strategies augment the core to enhance expected returns and reduce portfolio risk. These strategies and securities cover a wide range of asset classes to meet unique objectives such as less correlation to capital markets, low volatility, accessing niche asset classes, more predictable returns, and minimizing taxes.  Overall, the goal is to provide prudent after-tax risk adjusted returns. 

We constantly seek new strategies that meet our prudent due diligence requirements to further enhance our clients' portfolios and meet our fiduciary responsibilities  Specific holdings can be identified to illustrate their role in client portfolios.

The majority of financial advisors in Canada have not pursued to be held to a fiduciary standard.  We take pride that Portfolio Stewards is a registered Portfolio Manager to be held as a fiduciary.  Here is a short video on the difference of having a fiduciary responsibility. Click here.

Some examples of niche alternative investment strategies we are involved with, neverless not limited to, include:

  • Convertible private debt and equity in Canadian companies
  • Syndicated short term mortgage pools
  • Syndicated large scale U.S. development project loans
  • Equity in multifamily properties in specific geographic regions
  • Retirement residence development projects - specializing in Alzheimer and dementia facilities 
  • Short-term factor financing
  • Loans to media companies backed by government grants as collateral

Portfolio Stewards website can be found here.