MD Financial Suite: A new approach to wealth management for Canada’s physicians

March 19, 2018

As medicine, technology and physicians advance, MD Financial Management launches enhanced suite of services to fit their needs

As medicine evolves, so do the wealth management needs of Canada’s physicians— needs as personal and distinct as the patients they serve. MD Financial Management (MD) is evolving as well with MD Financial Suite, a comprehensive set of new and enhanced investing services that offers more choice, flexibility and customization to clients. 

The suite includes three new services that align with current shifts in investor demands. Ranging from self-directed to advisor-led services, the suite represents an evolution in MD’s approach to serving physician investors who expect more choice and low fees. 

“MD knows physicians and we know that physicians have distinct needs that change over their careers,” said Brian Peters, President and CEO at MD. “At MD, we focus on the financial well-being of Canadian doctors–so they can be focused on the health of Canadians. Today that means offering new choices that let clients decide how they want to invest.”

The new suite includes a discount online investment and trading platform, a low-cost automated investment service, and a face-to-face advice service for clients. As always, MD’s priority is the financial well-being of Canada’s physicians and their families, so the services are priced below industry averages.1

MD is working with clients to determine the solution best suited to their needs.  

The enhanced suite includes: 

  • MD Direct Trade™—an online investment and trading platform provided by award-winning Qtrade.2 For MD clients who are looking to add a “do-it-yourself” portion to their portfolios, MD Direct Trade provides access to robust market research and tools to help clients make trading decisions and buy and sell at lower fees.  
  • MD ExO® Direct—a fully automated, low-cost online investment service that allows clients to easily set up a portfolio and monitor the performance of their investments whenever—and wherever—they want. Clients have access to a team of MD Advisors to help along the way.
  • The MD Plus™ account—personal financial planning with a dedicated MD Advisor. A fee-based account, MD Plus introduces more fee savings with tiered pricing and more account choices. Clients also have access to in-depth advice on more diverse investment options, including advice on exchange-traded funds.

MD Private Investment Counsel continues to offer discretionary wealth management for MD clients with more complex needs or those who prefer to delegate their investment decisions.   Further enhancing and diversifying clients’ existing investment portfolios, MD recently launched MD Platinum™, an exclusive new opportunity for clients to diversify their portfolios and grow their wealth. Partnering with private equity manager BlackRock Inc. ©, the introduction of MD Platinum Global Private Equity Pool brings institutional-level private equity investment strategies to discretionary retail investors, a Canadian-first. 

“This is an exciting step as we continue to expand our service options while maintaining the standard of excellent advice and service that our clients have come to expect,” said Mike Gassewitz, Executive Vice President, Member Solutions. “In the same way that physicians provide personalized care to their patients, we want to offer the best financial service solutions to meet our clients’ individual needs. We know that not everyone wants to invest the same way. That’s why we now offer a range of investing solutions that allow clients to choose the level of advice and the type of service that best fits their needs so that they can confidently reach their financial goals.”

For choice, flexibility and customization to meet of all of their needs, MD clients and Canadian physicians are invited to contact their MD Advisor, call 1 800 431-0330 or visit md.cma.ca/financialsuite to get started today.

About MD Financial Management Inc.

Owned by the Canadian Medical Association, MD has one main goal: to help Canada’s physicians achieve financial well-being.

MD has more than $47 billion in assets under administration as of February 9, 2018, and is dedicated to serving Canada’s physicians and their families. It provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca.

Media contact

Katie O’Dell
Communications Manager
katie.odell@cma.ca.
647 472-5857  

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