Why Should You Do Business With Us?
INDEPENDENCE
This means absolutely no ties to any proprietary investments. We always select the best public or private investment solution without any bias whatsoever. What matters is cost vs benefit and best in class solutions for you - as opposed to anyone else.
WE ARE TRANSPARENT
There are never any additional embedded fees or hidden compensation. We are fully transparent. The only costs you ever pay is shown on your monthly statements.
CARE & CONSIDERATION
There is a saying “no one cares what you know until they know that you care”. Never has this been more applicable than in investment management or medical situations. I strongly believe no one will care more about your money/wealth creation and account management (outside of you and your loved one) than us. With decades of experience, we have the client testimonials, references and ongoing advocacy for our services to prove it!
About Prittie Private Wealth
About Prittie Private Wealth
We strive to educate our clients about their financial health and wealth. We are accomplished Financial Advisors with extensive experience in planning, designing and implementing the solutions that will build your financial future.
We are committed to providing enhanced financial solutions to our clients and, as such, are aligned with Mandeville Insurance Services Inc. to offer financial products such as Life Insurance, Disability, Critical Illness and other related wealth protection and risk management products to help clients establish a solid financial foundation for their future.
Financial Advice & Services
based on our guiding principles of wealth - integrity - wisdom
based on our guiding principles of
wealth - integrity - wisdom
Results Based Wealth Management
We create and preserve wealth by providing individuals and business owners with tax efficient strategies to prudently grow their financial and life goals. Our philosophy is communicating the benefit of a balanced approach between Public and Private Investing. Wealth is created not only in the public markets but also by private businesses. The world’s most successful institutions and high net worth investors have been investing in this space for generations and have achieved above-average rates of return utilizing an asset mix combining traditional and private and alternative investments.
Get To Know Us
Michael A. Prittie,
CFP, CPCA, CIM, FCSI, CIWM
Portfolio Manager, Senior Financial Advisor,
Insurance Advisor and Branch Manager
Michael Prittie is the Portfolio Manager, Senior Financial Advisor and Branch Manager for the Mandeville Private Client Inc. Associate Office in Ottawa west which is co-branded as Capital Wealth Partners. Michael has extensive qualifications and designations and is a highly respected and recognized source of financial information in the Ottawa area. As a registered Portfolio Manager, Michael has access to a wider range of public, private equity and alternative investment opportunities for clients, as well as access to lower-cost managed solutions. Having embarked on this career path in 1986, Michael has achieved 36 years of successful financial planning and investment advice, has hosted TV shows on finance, been a guest on CFRA Experts On Call, and presented numerous seminars across Ottawa. He is also VP of Insurance for Mandeville Insurance Services Inc. Outside of the office, Michael enjoys an active lifestyle that includes spending time outdoors, mountain biking, skiing, and travel. Michael and his partner Audrey live in Carp. Together they have two sons – Kyle and Adam.
Adam Prittie,
CIM, BCom
Associate Portfolio Manager,
Investment Advisor & Insurance Advisor
Adam Prittie is an Associate Portfolio Manager and Chartered Investment Manager (CIM®) with Mandeville Private Client Inc. - Capital Wealth Partners in Ottawa Ontario.
Adam graduated from Carleton University’s Sprott School of Business with a Bachelor of Commerce and a concentration in Finance. At university, Adam excelled by competing at international case competitions with universities from around the globe. He was honoured to be elected as the Vice-President of Finance for the Sprott Accounting Student Association. Adam was a member of Sprott’s JDCC debate team where he became the team lead in competitions across the province. Furthermore, Adam was active in the FIRST robotics program over a six-year period, where he attended and competed in team events across Ontario.
In the office, Adam is responsible for liaising with clients during account reviews and planning purposes. Over the past several years he has been actively involved in client account trading, conducts extensive investment research and builds portfolio management systems for streamlined investment modelling to help enhance returns. Adam regularly participates in client meetings alongside his father, mentor and branch owner, Michael Prittie. Adam has benefitted extensively from Michael’s 36 years in the industry as he works towards his full Portfolio Manager designation. Adam possesses a strong commitment and passion for exceeding client expectations and providing added value in his interactions with clients.
Outside the office, Adam greatly enjoys reading and spending time with his family and friends. He considers himself a history buff, striving to go beyond his own roots to understand the history and culture of others. As Sir Winston Churchill stated; “Those who fail to learn from history are doomed to repeat it.” This statement is important to Adam as history helps us understand how events in the past made things the way they are today. Adam is keen to travel and has been to Europe a number of times to recognize Canada’s contribution and individual soldiers during the first and second world war, including attending the 100th anniversary ceremonies at Vimy Ridge, France. He plans to visit Japan in spring 2023.
Core Values
Michael and Adam provide enhanced wealth creation solutions to successful and genuine seekers of financial advice. They offer principled and proven processes in an impartial professional environment. Michael and Adam’s aim is to ensure you meet your financial goals and to exceed your expectations.
With over 40 years combined experience, Michael and Adam have developed many long-term relationships with individuals who have sought their advice and utilized their knowledge and experience. “We have succeeded in implementing and maintaining a personal road map to wealth creation. References are available and encouraged.”
Non-Negotiable Core Values:
Integrity
Doing the right thing, even when no one is looking.
Forthrightness
Telling clients what they need to know, even if they may prefer not to hear it.
Professionalism
Being responsive, honourable and solely committed to clients. Employing proven and effective means to achieve client financial goals.
Balance
Commitment to family, work and contribution to the community.
Uniqueness
Seeking feedback through various initiatives as well as our Client Advisory Council to ensure we do all we can to exceed expectations.
Our Process
We create and preserve wealth by providing to individuals, institutions and foundations the necessary services and proven solutions consistent with the worlds’ largest and most successful institutional and high net worth investors.
An Institutional Approach to Investing
At Prittie Private Wealth, our investment approach is based on the concept that since the needs of the high net worth and institutional investor are the same as the average investor, the portfolio profiles should be similar.
Institutional/HNW Asset Allocation Wealth is created not only in the public markets, but also by private businesses.
The largest and most successful institutions in the world like the Canada Pension Plan (CPP) which manages over $183 Billion for the benefit of every Canadian has altered their asset mix in recent years to include private/alternative investments. The Canadian Exempt (private) Market raised $142.91 billion in capital in 2011 alone.
The world’s most successful institutions and high net worth investors have been investing in this space for generations and have achieved uncorrelated above average rates of return utilizing an asset mix combining traditional public as well as private and alternative investment solutions.
The investment objectives of successful, large institutions and those of high net-worth investors are as follows:
Is your objective not the same? If so, why aren’t your portfolios the same?
To help bridge the gap in this apparent dysfunctionality, we offer a very wide array of investment solutions including:
If appropriate for your portfolio, given your objectives, time horizon and liquidity needs, you may want to consider investing in a similar manner.
Our Strength
Our partnership with Mandeville Private Client Inc. and our local branch Capital Wealth Partners was founded to offer a full-suite of financial advice and services:
We believe that our values: “Wealth – Integrity – Wisdom” are what sets us apart.
Our strength with our partners has opened our clients to a full suite of financial advice and services – Financial and Investment Planning; Retirement Planning; Estate Planning and In-House Tax Services.
We are committed to providing enhanced financial solutions to our clients and, as such, are aligned with Mandeville Insurance Services Inc. to offer financial products such as Life Insurance, Disability, Critical Illness and other related wealth protection and risk management products to help clients establish a solid financial foundation for their future.
We are registered and professional Portfolio Managers, experienced in planning, designing and implementing the solutions that will build your financial future. For further information on our branch; Capital Wealth Partners, please click here and to learn more about Mandeville Private Client Inc. click here.
We offer a multi-disciplined approach to preserving wealth. Communicating the benefit of a balanced approach between Public and Private Investing?
Wealth is created not only in the public markets but also by private businesses. The world’s most successful institutions and high net worth investors have been investing in this space for generations and have achieved above-average rates of return utilizing an asset mix combining traditional and private and alternative investments.
Many of the largest and most successful pension plans in the world, i.e. the Harvard Endowment, OMERS, HOOP, the Canada Pension Plan (CPP) have long held private and alternative investments as an important value-added component to their investment strategy.
Despite having the same goals, the Wealthy Invest Differently. At Prittie Private Wealth, our investment approach is based on the concept that since the needs of the wealthy and institutional investor are the same as the wealth-seeking investor, it follows that their portfolios should be similar. We uniquely offer our clients access to world-class proven co-investment and stand-alone private investment opportunities.
The world’s most successful institutions and affluent investors have achieved above average rates of return utilizing an asset mix combining traditional and private and alternative investments. Private investments have many advantages; they are not impacted by market fluctuations which can reduce volatility. They provide an additional source of diversification that can mitigate overall portfolio risk. Many are income-oriented and have very attractive yields for income seekers. Many are often long-term investments with high tax-deferred growth potential.
Democratizing Private Opportunities
Our mission is to provide all wealth-seeking investors with access to investment opportunities both within the public and private realm that are typically reserved for the wealthy and institutional investor. Through Mandeville Private Client Inc., and its parent company Portland Investment Counsel Inc., our clients have access to world leaders in private partnerships, such as the European Investment Bank, Liberty Media, Cygnus/KKR, and many other proven and successful private investors. When working with us, we as registered portfolio managers, provide you instant access to these types of investments without having to meet the accredited investor status (proven net worth/income levels).
Our Mission Statement
Our mission is to preserve and build clients’ wealth by providing proven and effective wealth creation services and solutions to individuals, institutions and foundations in a manner that is consistent with the world’s largest and most successful institutional and high net worth investors. To invest our own money alongside yours in the same manner and in the same investment solutions. To always position our clients’ interest ahead of the firms and our own.
Seminars & Events
News & Views
The Trifecta Approach
Over the decades I was certainly familiar with the need for diversity…investment type and geographically. Over the last few years as I sought an “after work” plan, we struggled with just where to spend time. Would it be Canada and perhaps a warmer area within its boundaries? Not many of those – at least year around.Perhaps the USA or further south? We looked at Europe, notably Portugal and Spain…also the Adriatic coast.
As we researched, we realized no one place has it all and we became concerned about choosing just one. Like investments, no one category or country offers satisfaction at all times.
Aggregate Accumulated Investment Income – Flying Close to the Sun with Passive Income
Being a business owner can be an extremely rewarding endeavour, and one of the benefits is lower corporate tax rates compared to the same income had it been earned as salary. As a business owner, you may also benefit from the Canadian Small Business Deduction if your company qualifies as a Canadian Controlled Private Company (CCPC). The small business deduction applies to the first $500,000 of active business income from business operations and is taxed at a more favorable 9% as compared to the general business rate of 15%. Once active business income goes past $500,000 you will then face the general rate of 15%, but you will have realized significant savings on that first half million of income.
NEW Section in Our Newsletter – Did You Know…
Did you Know that as a client, you have coverage under Canadian Investor Protection Fund (CIPF). CIPF coverage policy includes:
• $1 million for all general investment accounts combined (i.e. – non-registered account such as a cash account), plus
• $1 million for all registered retirement accounts combined (i.e. – RRSP, TFSA, RRIF, etc.), plus
• $1 million for all registered education savings plans (RESPs) combined