Why should I consider this type of management and what are the benefits?

• Discretionary portfolio management reduces the possibility for managers to end up in a conflict of interest since they do not have to promote specific securities and their compensation is not tied to the number of transactions they make.
• The only goal of discretionary management is to manage your portfolio according to your needs.
• Discretionary portfolio management is a personalized service for which fees are assessed as a percentage of the total value of the portfolio.
• Portfolio management fees are fully tax deductible, whereas commissions must be added to the tax cost or reduce the disposition value.