generationalwealthmanagement.ca

What It Is

1832 Investment Counsel is an investment advisory and private wealth management service under 1832 Asset Management L.P. The website also mentions ScotiaMcLeod as a division of Scotia Capital Inc. Its core focus is not payments, acquiring, or wallet services, but generational wealth management for successful Canadian individuals, families, businesses, and foundations, helping clients build and preserve long-term wealth and family legacy.

Core Capabilities

Based on the text, its services focus on personalized portfolios, family business succession, estate planning, intergenerational wealth transfer, family governance, charitable planning, and investment support for foundations/endowment funds. In terms of investment approach, 1832 emphasizes a disciplined equity investment philosophy, high-quality fixed income allocation, capital preservation, research-driven decision-making, and a long-term perspective. It is backed by the research resources of the large Canadian asset management institution 1832 Asset Management L.P., and can also draw on resources from The Bank of Nova Scotia to serve complex clients such as foundations.

Pricing and Requirements

The website does not disclose management fees, advisory fees, performance fees, or minimum fee standards, so it is not possible to assess the actual cost level. The only clear threshold is that this type of Generational Wealth Management is better suited to families or organizations with assets exceeding CAD 10 million, clearly positioning it as a service for high-net-worth and ultra-high-net-worth clients.

Pros and Cons

Its strengths are its clear positioning and focus on long-term family wealth transfer rather than short-term investment trading. Team member credentials are also disclosed in relatively full detail. For example, Donald B. MacDonald holds qualifications such as CFA and FEA, and the site discloses licensing/registration across all Canadian jurisdictions and with the U.S. SEC. Its understanding of the interplay among families, businesses, and investment portfolios makes it relatively well suited to family business clients.

The drawbacks are also obvious: the public pages do not provide fee schedules, historical performance, risk metrics, account experience details, or information about a digital platform. There is also no mention of payment methods, settlement cycles, API integration, or other payment/fintech capabilities. It is not a good fit for users looking to open accounts on their own, invest with a low entry threshold, or find payment solutions.

Who It’s For and Access from China

It is better suited to Canadian clients with assets exceeding CAD 10 million who need family business succession planning, foundation investment governance, or long-term portfolio management. Access status from mainland China cannot be determined from the text and is therefore considered unknown.