The Report Card average has remained quite stable during the past eight years, but some firms have seen some dramatic changes
IIAC lauds decision to give its members more time to review, consult on the changes
Finance Canada is reviewing whether credit unions should be allowed to use “banking” and similar language when describing their services
The IAP notes such provisions were recently adopted in the U.S.
Rather than cannibalizing traditional financial services firms’ clients, robo-advisors could open the market to cost-sensitive investors
The association calls the current regulatory framework outdated and suggests licensed distribution firms are made responsible for overseeing advisors
CI will see its AUM increase by 16% to approximately $140 billion from $120.4 billion and maintain Sentry as a standalone brand
The association’s response to the CCIR’s strategic plan recommends that regulators implement a mandatory rule for advisors to conduct a needs analysis for all clients
A new paper examining the exempt-market regime in Canada suggests there’s likely a significant gap in investor protection because no SRO exists
Milton McClaren, Joe Oliver and Margot Ritchie will decide the winner of this year’s award
The association argues that without the benefit of DB plans, Canadians face several risks in funding their long-term retirement
Companies that use certain Microsoft software products should take steps to ensure they’re protected against older vulnerabilities
Mandeville advisors can refer clients and prospects to the new platform, which combines the benefits of a robo-advisor but with access to private alternative strategies,…
The new tool aims to create a centralized database of insurance advisors and to digitize the contracting process, which has traditionally been highly paper-intensive
With the completion of the deal, IA becomes one of the largest non-bank wealth-management firms in Canada with almost $80 billion in AUA
The departures follow the completion of John Wilson and James Fox’s acquisition of Sprott Asset Management
The bank received the highest ranking among 5,000 companies in the U.S. and Canada
The company reported that elevated expenses weighed down its bottom line, including $213.6 million pre-tax from its liquidity crisis earlier this year
For insurance advisors, average age, tenure in the industry and with their firms, as well as annual compensation, is most revealing
PPI Valet, powered by WealthBar’s robo-advisor platform, provides advisors who are licensed only in insurance an opportunity to expand their offerings
The bank is also introducing the ability for clients to make Interac e-Transfer payments within Apple’s iMessage platform
Investor interest in fintech remains quite high in Canada, with the Big Five banks continuing to place a strong emphasis on innovation
Q2 results for the big U.S. banks revealed positive trends in both earnings and loan growth
NextBlock Global will invest in companies involved in the development and deployment of blockchain technology and virtual currencies
The bank is also committed to facilitating US$200 billion in clean energy financing through 2025