All products and services of HSBC Private Investment Counsel (Canada) Inc. are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. Please contact your financial representative for more details. The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.

HSBC Private Investment Counsel (Canada) Inc. is a wholly owned subsidiary of, but separate legal entity from, HSBC Bank Canada and provides its services in all provinces of Canada, except Prince Edward Island. The services of HSBC Private Investment Counsel (Canada) Inc. are not guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other investor protection fund or deposit insurer.

The Private Investment Counsel (PIC) service is a discretionary portfolio management service offered by HSBC Private Investment Counsel (Canada) Inc. (HPIC). Under this discretionary service, assets of participating clients will be invested by HPIC or its delegated portfolio manager, HSBC Global Asset Management (Canada) Limited (AMCA), in securities, including but not limited to, stocks, bonds, mutual funds, pooled funds and derivatives. Commissions, management fees, custodial fees and expenses all may be associated with the use of the PIC service. Neither the PIC service nor any of the securities purchased as part of the PIC service are guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other investor protection fund or deposit insurer. The value of an investment in or purchased as part of the PIC service may change frequently and past performance may not be repeated. HPIC is a wholly owned subsidiary of, but separate legal entity from, HSBC Bank Canada and provides its services in all provinces of Canada, except Prince Edward Island. AMCA is a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada and provides its services in all provinces of Canada, except Prince Edward Island.

Private Wealth Planning services are offered through HSBC Private Investment Counsel (Canada) Inc. (HPIC, us, we, our), a subsidiary of HSBC Bank Canada. Although our Wealth Planners may be located in the same branch or office as HSBC Bank Canada or another of its subsidiaries, HPIC is a separate legal entity. We and HSBC Bank Canada are members of a group of related companies known as the HSBC Group.

Private Wealth Planning services are offered to HSBC clients primarily by the preparation and delivery of a personally tailored wealth plan (Wealth Plan) prepared by a qualified private Wealth Planner. We prepare Wealth Plans based solely on the financial and personal information clients provide to us, without taking any steps to independently verify the accuracy or completeness of that information. We do not monitor the implementation or ongoing appropriateness of the suggested strategies described in any Wealth Plan or any any announced or actual changes in law, regulations or policy that may impact a Wealth Plan.

Projections in Wealth Plans are based on certain assumptions, which may turn out to not be accurate, applicable or reflective of the client’s real life experience. The use of any historical rates of return, inflation, and taxation should not be relied upon, as past performance is not indicative of future performance. Wealth Plans may include general information on certain tax, legal, investment, insurance and estate planning topics, however they should not be relied on for professional advice or as a personalized tax and estate planning service. A Wealth Planner may introduce clients to individuals within HSBC who can assist with certain investment strategies; however, clients are solely responsible for engaging their own qualified professional advisors, as necessary, before making any decisions about the suggested strategies in a Wealth Plan. 

The following terms and conditions form part of the Investment Management Agreement, and govern all accounts with HSBC Private Investment Counsel (Canada) Inc. and the portfolio management services that are provided in relation to those accounts.