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Mandeville introduces new portfolio management and trading system

BBR Staff Writer Published 19 June 2014

Mandeville Private Client Inc., the Investment Dealer subsidiary of Mr. Michael Lee-Chin's Mandeville Holdings Inc., is pleased to announce Toogood 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.

 



Source: Company Press Release