Ocean City, NJ Office

TD Private Client Wealth LLC (TDPCW) offers discretionary wrap‑fee managed account programs and brokerage services to institutional clients, high‑net‑worth private clients (including a Private Client Group and a Private Investment Advisor channel) and retail TDIS (US) clients. Services available through its managed account programs include ongoing portfolio management, access to mutual funds, ETFs and separately managed accounts, financial planning support, and custody and reporting via third‑party custodians.

TDPCW constructs portfolios using its TD Managed Portfolios, TD Guided Portfolios and TD Premier Guided Portfolios, which combine strategic and tactical asset allocation with investments from both affiliated and third‑party sub‑managers; Envestnet provides the advisory/technology platform and Pershing serves as primary custodian. Clients complete discovery and risk‑tolerance questionnaires (institutional clients may document an IPS) and grant TDPCW discretionary trading authority; cash balances in managed accounts are typically swept into an affiliated bank deposit sweep product and are included in wrap fee billing.

Noteworthy differences from many peers include TDPCW’s reliance on percentage‑of‑AUM wrap fees without offering fixed‑fee arrangements, its systematic use of affiliated managers and products (including arrangements with Epoch and TD Asset Management), and a cross‑border Private Investment Advisor model where TD Waterhouse Canada advisors serve certain U.S. clients virtually. The firm’s public disclosures also describe recent regulatory actions and supervisory deficiencies (including FINRA and SEC matters related to electronic communications and reporting), which the firm identifies as factors it addresses in its conflict‑management and oversight policies.