Wealth and asset management

Investor appetite for low-fee products has grown, the global regulatory landscape has tightened, risk mitigation is taking centre stage and operational restructuring is rising on the corporate agenda.

KPMG in Canada offers a range of services to support funds businesses such as mutual funds, hedge funds, private equity (PE) funds, infrastructure funds, real estate (RE) funds, exchange-traded funds (ETFs), private funds, and offshore funds.

We can help your organization adapt to market changes, manage risk, and seize investment opportunities while also enhancing product transparency to attract investors and meet evolving regulatory requirements. We can help:

• Improve distribution strategies by leveraging advanced customer segmentation and targeting to reach the right customers and expand your investor base.
• Navigate compliance requirements and enhance corporate governance when it comes to AIFMD, FATCA and Basel III.
• Manage costs by supporting the transition from legacy to new technologies, optimize procurement, strengthen the structure of your domestic and offshore funds and enhance deal modeling, pricing and overall product development.

Investment clients have heightened expectations regarding both service and investment outcomes. Increasingly, they’re seeking tailored portfolios and want seamless digital access to investment information alongside traditional advisory services. As competitors enter the market, the product landscape is growing more diverse and alternative. With private investment classes growing in popularity, regulatory and compliance matters are also emerging that need careful consideration.

KPMG in Canada can help wealth and asset managers stay successful by focusing on creating value, and leveraging technological innovations to build an end-to-end, holistic service offering that places the customer at the heart of the investment proposition.

KPMG in Canada’s Wealth and Asset Management Tax practice is one of the largest in Canada, offering comprehensive tax services that span the entire value chain within the wealth and asset management industry. Our team of dedicated professionals offer services to both individuals and organizations to help manage, grow, and protect wealth and assets. Through tailored advice, we can help clients maintain financial stability, comply with evolving tax laws and achieve their financial aspirations.

Our wealth management services include:

• Wealth management tax services which help align tax strategies of diverse portfolios and various income sources, investments, and jurisdictions with broader financial objectives to maximize wealth and ensure an efficient transfer to future generations
• Preserving and enhancing the financial health of high-net-worth individuals and families with tailored comprehensive tax planning, compliance and advisory services
• Navigating the distinct tax implications and complexities of diverse investments, such as real estate, businesses, and international assets for high-net-worth individuals
• Providing guidance on navigating different tax regimes and compliance requirements, as well as charitable giving strategies, trust and estate planning, and the impact of legislative changes on personal wealth.
• Tailored strategies for tax planning, investment product structuring, reporting, and compliance aimed at minimizing tax liabilities and maximizing after-tax returns on investments through optimizing the timing of income and deductions, utilizingtax-advantaged accounts, and employing estate planning techniques to reduce the tax burden on heirs.

Our asset management services include:

• Asset Management tax services which are tailored to the needs of asset managers, their products and their clients to address the unique challenges faced by different types of assets, such as real estate, equities, fixed income, and alternative investments
• Tax controversy and litigation support to assist with audit defense and reassessments by tax authorities both within Canada and internationally
• Compliance and tax reporting services for investment funds via our SOX certified proprietary platform, which computes distributions for tax purposes and tax return reporting, as well as allows for intelligent and innovative data reporting capabilities to help support and drive decision making capabilities.
• Financial performance optimization to help professionals stay up to date on the latest tax laws and regulations, providing critical insights into how changes may impact investment strategies and portfolios, while also adhering to regulatory requirements.

KPMG in Canada offers a range of services to assist wealth and asset managers in dealing with cybersecurity and fraud.

Our team can assess your organization’s current security measurers and assist in developing and implementing advanced risk solutions that align with your business priorities. To ensure that cybersecurity and fraud prevention are prioritized, we can continuously monitor potential risks and provide effective responses to any cyber or fraud incidents. We can:

• Provide strategy and governance solutions such as: cyber strategy and target operating model development, third-party security risk management, conducting a cyber maturity assessment and implementing cyber risk insights.
• Implement cybersecurity technologies such as identity and access management systems and compliance tools to protect critical assets and drive transformation within your organization.
• Ensure your organization is prepared with cyber defense and response strategies and solutions such as: conducting technical assessments and monitoring your business for insider threats and other security risks.
• Maximize the value of your data and embed privacy laws into business processes with our Privacy, Regulatory and Information Management (PRIM) solutions.
• Help you improve your fraud prevention, detection, and response programs by conducting forensic accounting investigations and financial crime risk management assessments.