CI becomes associate member of RIA
The asset-management firm can now participate in the RIA’s board and various committees
- By: Beatrice Paez
- April 24, 2017 December 19, 2017
- 14:20
Latest news in Industry News
Improving disclosure for outside business activity must become a priority
Compliance professionals must improve their training of approved persons on outside business activities to reduce risks for firms and their advisors
- By: Rudy Mezzetta
- April 24, 2017 December 19, 2017
- 11:00
Pocket Risk will soon be available to Canadian advisors
The tool assesses investors’ risk tolerance by asking them 15 questions that account for psychological and behavioural finance factors
- By: Beatrice Paez
- April 24, 2017 December 19, 2017
- 10:35
Home Capital benches two key players facing OSC’s allegations
The company’s CFO will be assigned new responsibilities after first-quarter results are filed next month
- By: The Canadian Press
- April 24, 2017 December 19, 2017
- 10:05
Mutual fund sales rise in March: IFIC
Total industry AUM rose to almost $1.39 trillion, up by 13% from a year earlier
- By: James Langton
- April 21, 2017 December 19, 2017
- 16:15
National Bank acquires minority stake in Nest Wealth
The bank’s financial advisors will gain access to the Nest Wealth Pro white label robo-advisor platform
- By: Pablo Fuchs
- April 21, 2017 December 19, 2017
- 09:50
Home Capital to fight OSC, focus on business
Management will remain focused on growth while defending the firm from the OSC's allegations, says the company’s chairman in an open letter
- By: The Canadian Press
- April 21, 2017 December 19, 2017
- 09:10
Nasdaq introduces fintech venture investment program
Nasdaq Ventures will invest in blockchain, machine learning and artificial intelligence, analytics and content aggregation, among other technologies
- By: Beatrice Paez
- April 20, 2017 December 19, 2017
- 14:55
Financial firms face significant risk from cyberattacks
Such attacks pose negative consequences for both individual issuers and financial systems, new Fitch report finds
- By: James Langton
- April 20, 2017 December 19, 2017
- 13:40
Older Canadians support major regulatory reforms
New CARP survey finds that 89% of Canadians over the age of 55 are in favour of a best interest standard while 79% are opposed…
- By: Beatrice Paez
- April 20, 2017 December 19, 2017
- 13:10
Pilot program targets imminent financial services labour shortage
The TFSA’s ASPIRE program is aiming to offer 10,000 work-related learning opportunities to undergraduate students
- By: Beatrice Paez
- April 19, 2017 December 19, 2017
- 15:00
TD Wealth introduces new tool for advisors to help wealthy clients
TD Discovery Tool, which is modelled on behavioural finance, can produce a wealth personality report that highlights investors’ key traits
- By: Beatrice Paez
- April 18, 2017 December 19, 2017
- 15:55
Bank CEOs’ pay improving
The compensation packages of Canada’s bank CEOs are heading higher than previously targeted thanks, in part, to growing stock options and equity incentives
- By: Beatrice Paez
- April 18, 2017 December 19, 2017
- 14:45
IIAC seeks nominees for annual Top Under 40 Award
Nominees must be full-time employees of an IIAC member firm and must not be a previous recipient to qualify
- By: Beatrice Paez
- April 17, 2017 December 19, 2017
- 14:00
Spiring resurrects Wellington brand
Wellington-Altus Private Wealth Inc., which opened for business on Monday, has 14 investment advisors and $2.5 billion in assets under management
- By: Fiona Collie
- April 17, 2017 December 19, 2017
- 06:30
Canada’s financial services sector “moving fast” on AI
Several major institutions are investing heavily in the emerging technology while startups are also looking to develop new products, report finds
- By: Beatrice Paez
- April 13, 2017 December 19, 2017
- 11:50
Feds establish parliamentary caucus to connect with credit unions
The first federal caucus devoted to credit unions will provide representatives with financial co-operative with a platform to “address community concerns”
- By: Beatrice Paez
- April 13, 2017 December 19, 2017
- 09:30
Blockchain could improve trade settlement process, study finds
Existing market infrastructure firms that handle clearing and settlement would likely continue to serve these functions
- By: James Langton
- April 12, 2017 December 19, 2017
- 10:15
Holding an RESP leads to greater pursuit of post-secondary education
New StatsCan study finds RESPs are more concentrated in families with higher income, greater wealth and higher levels of parental education
- By: James Langton
- April 12, 2017 December 19, 2017
- 09:45
Sprott Inc. sells investment funds business for $46 million
Staff count will be halved as company focuses on precious metals and natural resources
- By: The Canadian Press
- April 11, 2017 December 19, 2017
- 06:30
Compliance costs expected to rise in next two years
Global compliance executives say their firms will have to spend more to deal with risks associated with fraud and financial crime, cyberattacks and everyday business
- By: Beatrice Paez
- April 10, 2017 December 19, 2017
- 15:30
Wells Fargo claws back US$75 million from top execs in sales scandal
New report from the bank’s board finds that management “created pressure on employees to sell unwanted or unneeded products to customers”
- By: Ken Sweet
- April 10, 2017 December 19, 2017
- 10:35
Responsible investing on the rise
Growth demonstrates increasing demand among individual and institutional investors, report says
- By: James Langton
- April 7, 2017 January 22, 2018
- 16:35
Millennials will force advisors to reshape their business
With this demographic’s net worth set to increase by 500% in the next 15 years, advisors will have to cater to the needs of this…
- By: Beatrice Paez
- April 7, 2017 December 19, 2017
- 14:40
Wells Fargo’s board advises shareholders to vote against ISS motion
The proxy advisory firm is recommending shareholders to dump 12 of the 15 members of the board as a result of the recent scandal at…
- By: James Langton
- April 7, 2017 December 19, 2017
- 14:05