Scotiabank expands portfolio intelligence for ultra-wealthy clients

Scotia Wealth Management has launched a portfolio intelligence service for ultra-high-net-worth (UHNW) clients in Canada, offering consolidated reporting and investment insights across assets held with different providers and across jurisdictions.

Scotia Global Intelligence™ further strengthens Scotia Wealth Management's UHNW offering, building on a comprehensive suite of family office services, business transition and succession planning, governance advisory, trust and estate expertise, intergenerational wealth transfer strategies, and private banking solutions.

"Our ultra‑high‑net‑worth clients expect sophisticated solutions that help them navigate increasingly complex financial needs. Integrating Scotia Global Intelligence™ into our best‑in‑class offering reflects the growing importance of a more connected approach to managing wealth," said Jacqui Allard, Group Head, Global Wealth Management & Insurance, Scotiabank. "Tailored to their individual needs and objectives, the service helps clients make more informed decisions and position their portfolio with greater confidence."

Delivered by the Chief Investment Office team, this collaboration enables clients to access leading investment solutions and disciplined portfolio governance and design. Building on the firm's trusted foundation of customised advisory and institutional access through Total Wealth, UHNW clients gain access to strategic insights, comprehensive reporting, and elevated expertise, providing a complete perspective of their portfolio.

Built on strategic relationships with Marsh, a global leader with a broad range of consulting capabilities and approximately $16.2 trillion in assets under advisement1, and Addepar, a global data and AI platform, the new service offers unparalleled insights across complex portfolios spanning public and private assets, ownership structures, and geographies.

"This strategic relationship reflects our shared vision to expand insights and premium access to highly rated private market solutions tailored to the evolving needs of today's complex environment," said Todd Nelson, Canada Leader, Marsh Investments and Retirement. "We are thrilled to deepen our longstanding relationship with Scotiabank, bringing Marsh's extensive global alternatives experience and expertise in private markets to support the unique needs of Scotia Wealth Management's clients."

"Ultra-High-Net-Worth investors need more than visibility--they need intelligence they can act on," said Peter O'Brien, Chief Revenue Officer at Addepar. "We're proud to collaborate with Scotia Wealth Management to provide a platform that allows for real-time clarity across an investor's entire financial picture, transforming complexity into insight and enabling more proactive, strategic decisions."

Re-disseminated by Wealth and Society