Counsel Wealth Management on Friday announced a portfolio sub-advisor change for Counsel Select Small Cap.

New York-based GLG Inc. will become the international small-cap sub-advisor for Counsel Select Small Cap, replacing Epoch Investment Partners, effective August 20, 2008.

GLG is a wholly owned subsidiary of GLG Partners, one of the largest alternative asset managers in the world. It specializes in traditional long-only investment strategies.

Counsel Select Small Cap is a strategic investment with exposure to the U.S., Canadian and international small-cap markets. Its Canadian small-cap component is managed by Howson Tattersall Investment Counsel, while the U.S. component is managed by AIM Funds Management Inc.

Counsel Wealth Management is a wholly-owned investment management firm of Investment Planning Counsel Inc.