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Most investors do not come here because everything is going well.

Most investors come here because of underwhelming returns.

At some point, patience runs out, and the search for something better begins.

Wealth Preservation Management is an independent, fiduciary Portfolio Manager based in Vancouver, BC. We provide discretionary portfolio management for investors who expect discipline, clarity, and long-term growth.

For accounts of $100,000 or more.

18.15% CAGR Since June 30, 2017

vs 14.14% S&P 500 (CAD)*

Fee-only. No commissions.

No product pitches

Aligned with clients

Invest own capital in same securities

WPM manages portfolios for clients who want more than a generic model and a quarterly dose of market commentary.

• Discretionary Portfolio Management: Within the mandate you agree to, WPM makes the investment decisions. You do not have to approve every trade or manage the account yourself. That is our job.
• Ongoing Research and Monitoring: We track what we own, why we own it, and whether the original case still holds. If we cannot explain it clearly, we should not own it.
• Direct Access:Clients work with the people managing their money. No call centre. No automated menu. No relationship manager interpreting someone else’s decision.

Whatever your situation, a short conversation is the fastest way to find out if we can help.

The Growth Model Portfolio has delivered 18.15% a year since June 30, 2017, against 14.14%for the S&P 500 in Canadian dollars over the same period.*

That record has been independently recalculated by DeVisser Gray LLP. Click here for their report.

Performance is not a promise. It does not remove risk, and it does not predict the future. But it shows how we have managed money over a meaningful stretch, through more than one kind of market, with a consistent philosophy.

*Return is shown in Canadian dollars, gross of WPM's 2% fee. Past performance doesn't guarantee future results. Investing involves risk, including the possibility of losing money. WPM was registered with the BCSC in March 2023, though the same portfolio manager, James McKnight, has managed the Growth Model Portfolio continuously since inception. Details on benchmark selection here. Details on performance calculations here.

The Growth Model Portfolio is intentionally concentrated. It does not use mutual funds or ETFs, add bonds by default, or hold Canadian equities simply because clients are Canadian.

Concentration is not contrarian for its own sake. It is a response to how markets actually create wealth. In the most thorough study of its kind, covering every U.S. stock from 1926 to 2019, Professor Hendrik Bessembinder found that 57.8% of stocks reduced shareholder wealth over their lifetimes. The market’s entire net gain came from a small minority of exceptional companies.

Owning a little of everything means owning the weak businesses along with the great ones. We would rather own fewer businesses for better reasons.

*Return is shown in Canadian dollars, gross of WPM's 2% fee. Past performance doesn't guarantee future results. Investing involves risk, including the possibility of losing money. WPM was registered with the BCSC in March 2023, though the same portfolio manager, James McKnight, has managed the Growth Model Portfolio continuously since inception. Details on benchmark selection here. Details on performance calculations here.

The Growth Model Portfolio is our flagship, not our only mandate. We run three models, each for a different need:

• Growth Model. A concentrated portfolio of large-cap U.S. equities, built for long-term capital growth. This is the strategy behind the performance record.
• Dividend Aristocrats. An all-Canadian, all-equity portfolio for investors who want rising income. Every holding has raised its dividend five years running and grown its share price and dividend by at least 10 percent a year. Best suited to investors with a five-year-plus horizon and moderate risk tolerance.
• Income. A conservative, laddered portfolio of government bonds and bank-issued deposits, built for investors who value income and stability over growth.

At many firms, accounts are traded one at a time, which raises a question worth asking: where in that line are you, and at what price do you end up paying? Model portfolios are our way of taking that question off the table. When we buy or sell, we act across the model, so no client gets a better version of the idea and no client is left waiting at the back of the line.

Most investors arrive with two questions: what am I really paying, and whose interests come first?

• One fee. Only one. We charge a single annual fee based on the size of your portfolio, billed monthly. Nothing we earn depends on trading your account or selling you a product. Some arrangements look cheap until all costs are counted. Advisory fees, ticket charges, fund expenses, custody charges, deregistration fees, and trailer fees can add up to an expensive way to own a portfolio. Cost matters. Value matters more. The most expensive portfolio is rarely the one with the highest fee. It is the one that grows too slowly.
• We own what you own. We invest our own capital in the same securities we hold for clients, and client trades always come first.
• Fiduciary duty. As a registered Portfolio Manager, WPM is a fiduciary, legally bound to put your interest first. Most advisors are not.
• We manage it, never hold it.Your assets are held by an independent custodian. Depending on the account, that is either Aviso Wealth, owned by Canada’s leading credit unions, or Interactive Brokers, one of the world’s largest brokerages. They sit in your name, separate from all other assets, and you can confirm them with the custodian directly at any time.