TD Wealth Launches Unified Discretionary Management Platform for High-Net-Worth Clients

TD Wealth Launches Unified Discretionary Management Platform for High-Net-Worth Clients

The new TD Wealth offering brings together the Bank's two discretionary management businesses to create a modern, scalable platform built for long-term client and business growth.

TORONTO, Feb. 19, 2026 /CNW/ - TD Wealth announced today the official unification of its Private Investment Counsel (PIC) and Private Investment Advice – Privately Managed Portfolios businesses into a single, integrated discretionary investment management platform, operating within the Canadian Investment Regulatory Organization (CIRO) framework.

The newly combined offering simplifies how discretionary management is delivered at TD Wealth by aligning teams, strengthening portfolio management capabilities and creating a more seamless, scalable experience for clients and advisors.

"This marks an important step forward in the evolution of Private Wealth Management at TD," said Paul Clark, Group Head, Wealth Management and TD Insurance. "By unifying our discretionary platform, we're bringing together two strong businesses and the exceptional portfolio managers behind them. This strengthens our ability to deliver industry-leading advice and expands the value we offer to Canadians looking for a comprehensive, long-term wealth management partner."

This unification brings meaningful benefits for both clients and advisors. Clients continue to benefit from comprehensive discretionary wealth management, now supported by enhanced technology and a broader range of investment solutions. Advisors will benefit from a consolidated operating model that reduces friction, strengthens practice support, and enables more time to focus on delivering high‑value guidance.

"This is about empowering our advisors with a best-in-class platform," said Ryan McNally, Executive Vice President and Head of Private Wealth Management, TD Wealth Management. "By simplifying and modernizing how we deliver discretionary investment management, we're freeing up advisor capacity and enabling them to spend even more time providing clients with proactive guidance and insights. It positions us — and them — for long‑term success."

To learn more about TD Private Wealth Management, please visit: www.td.com/ca/en/investing/wealth/private-wealth-management

About TD Bank Group 

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves over 28.1 million clients in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank^®, TD Auto Finance U.S., and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among North America's leading digital banks, with more than 13 million active mobile users in Canada and the U.S. TD had $2.1 trillion in assets on October 31, 2025. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto Stock Exchange and New York Stock Exchange. 

SOURCE TD Bank Group