TORONTO, ONTARIO--(Marketwire - Jan. 5, 2011) - Counsel Portfolio Services Inc. and Titan Funds Incorporated, divisions of Investment Planning Counsel Inc., today reported preliminary mutual fund sales and assets under management for the month ending December 31, 2010. Mutual fund assets under management were $2.69 billion at December 31, 2010 compared with $2.14 billion at December 31, 2009.