An investment advisor with BMO Nesbitt Burns since 1982, Pierre Morin has become part of the firm’s elite group where he serves as senior Vice-President.
He and his wife Josée Dupont are registered Financial Planners with the IQPF since 1997. They were also appointed Certified Administrator by L’Ordre des Administrateurs du Québec in that same year. They both undergo a continuous education and formation program of 30 hours per year to maintain their certification.
After Josée joined in 1983, they started building a team to better serve their growing client base. Brenda Walls an Investment Representative joined in 1990. Nancy Landry our Administrative Assistant joined in 1994. Most recently Patrick Delaney an Investment Representative having over 10 years of investment industry experience, most of which at BMO Nesbitt Burns has joined the team. Together our team of seasoned professionals merge their diverse yet complimentary skills of significant experience to provide better client service as well as a more manageable approach to investing.
Pierre and his team are currently responsible for managing more than $230 million in investments. The investment strategy is based on the establishment of an adequate asset allocation for each of his clients, followed by the selection of investment vehicles suited to their needs.
Long hours are spent communicating with clients reiterating the importance of their long-term objectives and reasserting the investment vehicles chosen to reach those objectives. Their undeniable commitment to offer superior quality advice and service combined with the high level of integrity and professionalism from all members of the team are the essential reasons behind their success.
TEAM MISSION AND PHILOSOPHY
Our mission is to take the time to understand the needs of our clients and to assist them in formulating the proper investment strategy to best reach their current and future goals.
Our investment philosophy consists in advising clients about managing portfolios with a long-term view. Although we don’t suggest avoiding growth stocks, our investment philosophy is more biased toward value investing. We also favor a balanced approach to investing which allows us to recommend adjusting the asset mix given the economic outlook. This investment strategy will reduce a portfolio’s volatility and a client's anxiety. It will also minimize the risk of taking an emotional investment decision rather than a rational one. Individual portfolios are balanced between the various asset classes according to the client’s risk tolerance, current and future income needs, available assets, and age. Holdings include small and large cap companies as well as low and high income stocks. Through this philosophy of wide diversification, we have been able to provide a competitive average return while controlling risk.
We use a unique management technique. In order to adequately track our clients’ investments, we created our own model portfolio and newsletter. Securities held in a client’s portfolio are chosen within the model portfolio and the selection is a function of his or her risk tolerance and investment objectives. As a result, the majority of clients’s holdings are within the model portfolio which enable us to efficently and effectively monitor all customers’ portfolios at once. When adjustments are needed we contact and advise clients to seek their approval. The newsletter is a bi-annual (May/November) document which updates our clients on the economic front, the asset mix adjustments if needed as well as a comment on each of the stocks held in the model portfolio with a recommendation.
It also tracks the performance of the model portfolio and charts its diversification by industry. You can view an excerpt of our last newsletter along with the charts on this web site see (Publications). Individual stocks and updates are not available on this site.
MEMBER OF BMO FINANCIAL GROUP
As investment advisors with BMO Nesbitt Burns, a world class investment firm, we offer the benefits of an independent portfolio manager with no discretionary powers. As an investor you will benefit from the security of your assets with one of the top five Canadian chartered banks and will have access to the top rated* investment research and Canadian analysts for 24 consecutive years. You may also take advantage of the wide range products and services offered by the bank through its various subsidiaries such as estate planning, life insurance** and reduced rates on loans (mortgage, credit lines, investment loans etc.)
Moreover, you will have access to a whole series of new management products that will complement your personal portfolio, such as the Advance Program, the Prime Access Account, Education savings plans and Gateway, and our full trading on line service account.
RETIREMENT PLANING
Our responsibilities lies in advising our clients on portfolio management strategies in order to help them to reach their financial freedom. Through a complete and detailed retirement plan you can see if your objectives are attainable using your current investment strategy. The higher the needed investment return to gain the financial welfare the more risk tolerant one must be. As an investor you might want to know what will you be worth at retirement using your current investment strategy and related performance and adjust your retirement age or lifestyle accordingly. You may chose, on the other hand to adjust your current investment approach in order to reach retirement with the financial comfort needed in time. In any case, update your retirement plan !
CONCLUSION
Our top notch team is committed to provide you with fast and professional service and advice. Brenda Walls with 17 years in the industry as well as our newest member Patrick Delaney with his 10 year experience, will answer your financial questions without hesitation. Nancy Landry, our administrative assistant will make sure your instructions are promptly executed. Let us assist you.
1The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of BMO Nesbitt Burns Inc. (“BMO NBI”). Every effort has been made to ensure that the contents have been compiled or derived from sources believed to be reliable and contain information and opinions that are accurate and complete. Information may be available to BMO Nesbitt Burns or its affiliates that is not reflected herein. However, neither the author nor BMO NBI makes any representation or warranty, express or implied, in respect thereof, takes any responsibility for any errors or omissions which may be contained herein or accepts any liability whatsoever for any loss arising from any use of or reliance on this report or its contents. This report is not to be construed as an offer to sell or a solicitation for or an offer to buy any securities. BMO NBI, its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities mentioned herein as principal or agent. BMO Nesbitt Burns Inc. and BMO Nesbitt Burns Ltee/Ltd. ("BMO Nesbitt Burns") will buy from or sell to customers securities of issuers mentioned herein on a principal basis. BMO Nesbitt Burns, its affiliates, officers, directors or employees may have a long or short position in the securities discussed herein, related securities or in options, futures or other derivative instruments based thereon. BMO Nesbitt Burns or its affiliates may act as financial advisor and/or underwriter for the issuers mentioned herein and may receive remuneration for same. A significant lending relationship may exist between Bank of Montreal, or its affiliates, and certain of the issuers mentioned herein. BMO NBI is a wholly owned subsidiary of BMO Nesbitt Burns Corporation Limited which is an indirect wholly-owned subsidiary of Bank of Montreal. Any U.S. person wishing to effect transactions in any security discussed herein should do so through BMO Nesbitt Burns Corp. and/or BMO Nesbitt Burns Securities Ltd.
2All insurance products and advice are offered through BMO Nesbitt Burns Financial Services Inc. by licensed life insurance agents, and, in Quebec, by financial security advisors.
3Brendan Wood International Survey. Institutional Equity Research, Sales and Trading Performance in Canada, 2007 Report.
All market data is delayed by at least 20 minutes unless otherwise noted. Quotes, historical data, charts and statistics are provided by SunGard PowerData. BMO Nesbitt Burns is not responsible for the information provided.
** Mutual fund prices are as per previous day's close. Unlike stock prices they are not updated throughout the day.
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