The Globe and Mail reports in its Wednesday edition that Scotiabank is courting the wealthiest tier of investors by launching a new portfolio management tool and offering access to institutional-quality advice. The Globe's Tim Kiladze writes that Scotiabank has launched a new investment management platform, Scotia Global Intelligence, that allows ultrahigh-net-worth clients to aggregate the accounts they have spread across multiple financial institutions, providing a complete view of their wealth. Currently, Scotiabank advisers and private bankers may have limited information about external accounts, which means they aren't fully incorporated in wealth planning. By partnering with Addepar, a financial tech company, Scotiabank will enable clients to see their full wealth picture, and it can therefore offer better counsel on issues such as diversification and asset mix. To differentiate itself from rivals able to offer a similar macro picture, Scotia is also partnering with Marsh (formerly Mercer) to offer guidance on client investments outside of Canada, particularly alternative assets. Ultrahigh-net-worth clients often have money in different countries. Marsh's investment arm advises on $16-trillion worth of assets.