Stephen Macdonald, MBA, CIM, CFP

Senior Investment Counsellor & Portfolio Manager

With over 20 years of investment management and leadership experience, Stephen offers professional expertise and advice to help clients grow, protect, optimize, and most importantly – enjoy their hard-earned wealth.


Stephen works with clients and their families to understand their goals and priorities, and then implements and oversees institutional caliber investment management strategies. Taking a team-based approach to wealth management, Stephen and his colleagues provide exceptional service, planning, clear information, as well as access to the very best of BMO Financial Group.


In his most recent role, Stephen was President & CEO of BMO Private Investment Counsel Inc., and Head of Investments for BMO Private Wealth Canada and led teams in the areas of strategy, research, trade execution, product management, and governance. Stephen has also held VP & Regional Director roles in both Western and Central Canada, and prior to that was a Senior BMO Investment Counsellor in the Southwestern Ontario Marketplace for almost 10 years.


Stephen joined BMO Private Investment Counsel Inc. in 2001, holds the Chartered Investment Manager and Certified Financial Planner designations as well as BBA and MBA degrees from the University of New Brunswick and University of Windsor respectively.


Stephen and his wife live in the GTA West area and have two children. Outside of work, Stephen enjoys spending time with family, travelling, and pursuing various sports and hobbies.

Your Investment Management team

As your Investment Counsellor, I provide informed insight and exceptional personal attention to help you achieve your individual investment objectives. Backing me in both crafting your portfolio and managing it over time is a team of investment professionals. Their goal is to ensure that your portfolio’s asset mix remains aligned with both your investing objectives and their informed outlook for the economy and capital markets. The team’s investment professionals are fully engaged in delivering the following for my clients :

 

Asset Allocation

Our Chief Investment Strategist uses a rigorous process for strategic and tactical asset allocation that is informed by many sources, combining the best of BMO Financial Group’s global asset management, capital markets and economics expertise with independent and objective research. Together, this is weighed with information, ideas and data from many industry experts, including top independent strategists, leading economists and major global investment managers. We are relentlessly focused on building world class client loyalty. Powered by the strength of BMO, we’ll partner across our business to deliver best-in-class client experiences.

 

Manager Selection

Our Investment Manager Research team convenes to make the final selection of an investment manager through a committee approval process.

 

Manager Oversight

The oversight process doesn’t end after an investment manager is selected. Investment managers are regularly monitored to ensure they continue to meet the team’s high standards and requirements.