Alterna Savings and its subsidiary Alterna Bank have selected the Qtrade Financial Group as their new partner for comprehensive wealth management services, including securities dealer, mutual fund dealer, investment and insurance services, Alterna said Tuesday.

“After a thorough due diligence process we are very pleased to move forward with this wealth management partnership,” says Alterna Savings’ President and CEO John Lahey. “We see this long-term partnership as an opportunity to significantly enhance our existing offering.”

Lahey says that Alterna Savings and Alterna Bank will communicate directly with participating members about the change to Qtrade, and looks forward to continuing to provide customized wealth management solutions to help each member reach his or her financial goals.

Alterna Savings is one of Canada’s 10 largest credit unions with 22 branches in the Greater Toronto Area, Ottawa, Kingston, Pembroke and North Bay, Ont.

IE