(June 6 – 17:35 ET) – IPC Financial Network Inc. has completed the arm’s length purchase of the assets of Sutherland Financial Services and its related companies, a Richmond Hill, Ontario based mutual fund dealer, securities dealer and life insurance agency, as previously announced.

IPC says the Sutherland purchase is consistent with its business plan and strategy. IPC is building a diversified financial service company that is focusing on financial planning. IPC says its intent is to be the premier choice among financial planners who are dedicated to serving the needs of their clients.