November 18, 2009
Investor Economics recently released their "Summer 2009 Fee-based Report" which provides a tally of the fee-based market through mid-2009 and detailed tracking of product, competitor and sector-specific developments.
In the report, MD Private Investment Counsel is now ranked 5th in assets with over $5 billion in assets under management (AUM). The six month growth in assets of +14.2% was 3rd best among firms over $1 billion in AUM and on a 12 month basis MD Private Investment Counsel was the only firm in the top 10 to post positive asset growth (+12.7%).
MD Private Investment Counsel provides discretionary investment management services for Canadian Medical Association members and eligible members of their families through licensed investment professionals of MD Physician Services Inc., a Canadian Medical Association company.
Investor Economics is a research firm specializing in the fact-based measurement and analysis of Canada's retail financial services and wealth management industry. They focus on market measurement, competitive intelligence, and analysis of key trends on behalf of our clients, who represent all major service providers in Canada. Founded in 1992, Investor Economics has a professional staff of 20 individuals dedicated to timely and relevant research, and to providing the highest possible level of service and support to our clients.