Broker-Dealer Services

As a broker-dealer, we work with you to facilitate the execution of securities transactions on your behalf. Your relationship manager will get to know you and your financial needs and aspirations. Their role is to help you achieve those goals by advising you on how to invest your money.

There is still a need for good independent advice and brokerage for clients who wish to retain ultimate control over their own investments. Working hand in hand with a dedicated broker who knows the market can add considerable value. With access to a wide range of local and international investments, WISE has the capability to provide valuable diversification and portfolio enhancement tools to our clients.

Domestic Equity
International Equity
Fixed Income
Exchange Traded Funds (ETFs)
Domestic Mutual Funds
Offshore Mutual Funds
Structured Products

Domestic Equity

In addition to taking your orders, executing your trades and providing custody services, we also provide recommendations to our brokerage clients about whether to buy, sell or hold securities. Our experienced brokers are committed to providing the kind of information, analysis and advice that will assist our clients in making informed and comfortable decisions.

Our brokerage has always allocated high priority to efficient and fair customer order execution and confirmation. With more experience in the local stock market than any other broker, we offer efficient transaction execution, supported by swift and professional administration and settlement.

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International Equity

Investing internationally can help reduce fluctuations in a portfolio’s value because of the differences in economic and market cycles between countries around the globe. Foreign investments also allow access to high-potential sectors not well represented in the local stock market, such as technology and industrials.

Local investors are able to buy and sell listed foreign stocks in the same way they trade on the TTSE. Our international equities team can buy and sell overseas listed equities on most major exchanges, on your behalf, on an execution only basis. Your international trading account also offers an automatic money market sweep feature and online access through a secured Internet service.

Through our correspondent relationship with Pershing LLC, the world's leader in brokerage services and a Bank of New York company, we offer superior safekeeping and execution services. Our clients enjoy the best of both worlds: our personalized service and high level of attention to the needs of our customers together with the safety, back-office efficiency and excellent execution capabilities provided by Pershing.

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Fixed Income

Bonds and other fixed income investments are an essential element in a diversified portfolio, offering regular income and stability of principal. Our objective is to provide our customers with competitive pricing, high yields and a liquid marketplace where they can buy and sell a variety of fixed income securities.

Our brokers can locate specific issues or search the local and foreign markets for fixed income products that meet your needs. As an active dealer in domestic government fixed income, our retail and institutional clients can participate in secure, short-term investments offering a government-backed guaranteed return.

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Exchange Traded Funds (ETFs)

With an Exchange Traded Fund (ETF) you get the flexibility of a stock, with the diversification of an index mutual fund. ETFs duplicate a stock or bond market index but are bought and sold like stocks on an exchange at any time during market hours. Today, there are more than 200 ETFs that trade primarily on the American Stock Exchange (AMEX).

Retail and institutional investors can purchase any ETF traded on an exchange through WISE. Trading in ETFs is often highly liquid, particularly for ETFs that track major market indices. Our brokerage service provides competitive commissions, quality service, and fast, accurate order execution to all ETF investors.

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Domestic Mutual Funds

By pooling money from many investors, domestic funds give small investors access to a well-diversified portfolio of stocks and/or bonds issued by reputable entities throughout the Caribbean. Domestic mutual funds provide attractive investment opportunities and are a good source of diversification because of their low correlation with the other asset classes.

WISE is a registered agent for a number of domestic mutual funds including those offered by Roytrin, the Trinidad & Tobago Unit Trust Corporation, Republic Bank Limited, Grace Kennedy Capital Services Limited and Guardian Asset Management. WISE does not sponsor its own mutual fund products.

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Offshore Mutual Funds

Offshore funds operate along similar lines to unit trusts except that they are domiciled outside of the United States and cannot be sold or distributed to any citizen or resident of the U.S. As with a unit trust, they operate by pooling investors' money and then investing in the shares of companies and/or other assets. Offshore funds offer eligible investors significant tax benefits including the immunity to Withholding and Estate Tax.

WISE features access to over 1,000 world-class mutual funds from more than 40 leading offshore fund families such as AllianceBernstein, Fidelity, Franklin Templeton, Pioneer, Putnam, Oppenheimer and MFS Meridian. These offshore funds are managed by experienced investment professionals with the sound judgment and knowledge required to participate effectively in the international markets.

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Structured Products

Structured products are synthetic investments tailored to meet your individual financial needs and goals, offering institutional and high-net-worth private clients several advantages over traditional investments, including principal protection, enhanced yields and access to alternative assets.

By using different combinations of instruments, structured products can be manufactured to have varying risk/return profiles, allowing you to choose the level of protection and/or growth that you want. Our advisors filter through the major issuers for the most competitive pricing and present unbiased offerings guaranteed by both WISE and the primary issuer.

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