Guardian Capital reports net loss, asset growth in Q3
Assets under management grew 62% year over year
- By: IE Staff
- November 11, 2021 November 11, 2021
- 15:30
Assets under management grew 62% year over year
Assets under management were $180.8 billion at Sept. 30
The firm also announced its investment in alternative wealth platform GLAS Funds
The alternative asset manager says earnings quadrupled, boosted by market performance
The Ontario regulator also provided a plain-language guide for plan members and spouses
Gofen and Glossberg, LLC offers customized investment, planning services to HNW clients
The firm reported record M&A revenue
Despite concerns around debt and budgeting, most are feeling optimistic about their financial futures
Both housing prices and the number of home sales have grown in the past year
The company increased its quarterly payment to shareholders by 20%
Richardson Wealth's advisory teams had average AUA of $218 million in Q3
The firm also announced a plan to buy back up to 39 million shares
Changes for Canada would include voting policies around board diversity, say-on-pay
LSE and ICE both are planning efforts to expand emissions trading
Feds' $100 cap on fees for helping clients apply for the DTC was set to become effective Nov. 15
The firm's wealth management segment reported record-high assets under advisement
Insurers welcome the dismissal
No tax cuts were in the fall economic statement
Negative pandemic effects were seen in insurers' U.S. and Asian divisions
Project tested prototypes for green finance that's more transparent, accessible to retail investors
Soaring energy prices driving the gain in headline inflation readings
The Winnipeg-based insurer reached $872 million in net earnings for the quarter
Year-to-date inflows reached $43 billion in October
The announcement comes just ahead of a report by the central bank on climate risks and the financial system
To start, the U.S. central bank will reduce monthly bond purchases by $15 billion in each of November and December