Bank of Nova Scotia Trust Co.
The Bank of Nova Scotia Trust Company (Scotiatrust) is a subsidiary of Scotiabank, headquartered in Toronto, Ontario, Canada. It specializes in estate and trust services, including executor, trustee, guardianship, and power of attorney solutions, as well as wealth transfer and succession planning. As part of Scotia Wealth Management, Scotiatrust integrates legal, tax, philanthropic and wealth structuring expertise for high-net-worth individuals and families. Scotiatrust draws upon Scotiabank's broader resources, founded in 1832, with a global presence and over 89,000 employees. The company mainly serves individuals, families, and private clients seeking sophisticated fiduciary and wealth planning services.
Investment Strategy
Scotiatrust focuses on helping clients transition, preserve, and transfer wealth across generations through a personalized, holistic approach. Their strategy integrates estate planning, executor and trustee services, and wealth structuring solutions, often coordinating with family offices, portfolio managers, and specialist legal and tax advisors. The emphasis is on providing customized solutions to complex family wealth situations, including philanthropy, tax optimization, and succession planning. Scotiatrust leverages Scotiabank's global expertise and resources to deliver tailored fiduciary solutions, aiming to maintain client legacies effectively and ensure a tax-efficient and orderly transfer of wealth.
Top Holdings
Equity Positions (125)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R RY | ROYAL BK CDA | 8.27% | $84.1M | 638,994 | $61.86 | $131.55 | +$10.9M |
B BMO | BANK MONTREAL QUE | 5.55% | $56.5M | 510,282 | $63.27 | $110.63 | +$8.1M |
T TD | TORONTO DOMINION BK ONT | 5.42% | $55.0M | 749,290 | $43.94 | $73.45 | +$9.3M |
E ENB | ENBRIDGE INC | 4.37% | $44.4M | 979,329 | $38.04 | $45.32 | +$1.4M |
M MSFT | MICROSOFT CORP | 4.11% | $41.8M | 84,020 | $56.61 | $497.41 | +$10.2M |