A custodian holds our client’s investments that are managed by the ICPM. The custodian provides the safekeeping and does much of the administrative work associated with our client’s accounts so that the portfolio managers can focus on managing the investments within your portfolio. The custodians are members of the Canadian Investor Protection Fund (CIPF) which is an organization that ensures, within limits, that your cash and securities are protected against a member firm’s insolvency.
All investments are held within the client’s name with the custodian.