Wealthsimple seeks relief from mandatory client calls
Robo-advisor’s cost-saving proposal is subject to OSC approval
- By: Rudy Luukko
- January 24, 2017 January 24, 2017
- 14:15
Latest news in Industry News
New Desjardins transatlantic partnership to focus on needs of HNW clients
Desjardins Transatlantique – Private Wealth Management caters to clients in Canada and France who conduct professional or personal business abroad
- By: Tessie Sanci
- January 24, 2017 December 5, 2019
- 14:00
B.C. pauses phase-out of CUs’ tax advantage for a year
The halt is intended to enable the province to review the Financial Institutions Act and Credit Union Incorporation Act
- By: James Langton
- January 24, 2017 January 24, 2017
- 12:50
UBS Wealth Management puts big focus on women clients
As women tend to prefer a “greater focus on their aspirations,” the firm will refocus client discussions on business, investments, family and legacy
- By: James Langton
- January 24, 2017 December 5, 2019
- 12:05
LOGiQ Asset Management makes changes to its team
Nevin Markwart, Rick Brown and John Kim are leaving the newly merged firm while the firm has named new portfolio managers for some of its…
- By: Tessie Sanci
- January 24, 2017 December 5, 2019
- 11:30
Feds’ VCAP program generates $886 million in investment commitments
Thanks to the program’s success, the VC industry is calling on the federal government to include a second VCAP program in the 2017 federal budget
- By: James Langton
- January 23, 2017 January 23, 2017
- 14:50
Sales practices investigation spurs CEO change at Sentry
The asset manager has also implemented a special committee to review compliance issues in the area of its sales practices
- By: Tessie Sanci
- January 23, 2017 January 23, 2017
- 09:10
U.S. DoJ reaches settlement with another major global investment bank
Credit Suisse has agreed to pay US$5.28 billion for its conduct leading up to the financial crisis a day after Deutsche Bank reached a similar…
- By: James Langton
- January 18, 2017 January 18, 2017
- 17:40
RBC invests in research into AI and machine learning in financial services
The bank’s research arm will be opening a new lab in Edmonton as part of an initiative to work with the UofA’s Alberta Machine Intelligence…
- By: James Langton
- January 18, 2017 December 5, 2019
- 13:15
Demographic changes are impacting the retirement landscape
Women, millennials and independent contractors, the latter of whom will make up 50% of the workforce by 2050, need help in planning for their retirement,…
- By: Tessie Sanci
- January 18, 2017 December 5, 2019
- 13:00
Support of adult children is impacting boomers’ finances
A new survey from TD points out that providing financial support to adult children is preventing boomers from saving enough for retirement
- By: James Langton
- January 18, 2017 December 5, 2019
- 11:45
Deutsche Bank cuts management bonuses following huge settlement
Variable compensation will be restricted severely in 2016 in the wake of a US$7.2-billion settlement with the U.S. Department of Justice
- By: James Langton
- January 18, 2017 January 18, 2017
- 10:30
CDS working with international players on blockchain product
Four international clearing services are working with Deutsche Boerse on a blockchain prototype to make collateral transfers faster and more efficient
- By: James Langton
- January 18, 2017 January 18, 2017
- 10:05
Only half of disabled Canadians have a full or part time job: poll
Many businesses still operate under the assumption that accommodating employees is an expensive and cumbersome process
- By: Michelle McQuigge
- January 17, 2017 January 17, 2017
- 17:00
Blockchain could result in major savings for investment banks
The new technology could generate between US$8 billion and US$12 billion in annual cost savings for eight of the world’s largest investment banks
- By: James Langton
- January 17, 2017 January 17, 2017
- 10:30
CIBC partners with UnionPay to expand its no-fee money transfer service to China
Launched in late 2015, the remittance business has spread to more than 45 countries, including Pakistan, Sri Lanka, Vietnam and the U.S.
- By: Alexandra Posadzki
- January 17, 2017 January 17, 2017
- 07:30
Competition Bureau to host fintech workshop on Feb. 21
The event will focus on whether Canada offers an environment that allows fintech innovation and best international practices for fostering innovation
- By: James Langton
- January 16, 2017 January 16, 2017
- 15:45
RBC’s iPhone app now makes it easier for clients to contact advisors
Clients can contact an advisor by tapping the “call” button or schedule a call-back from an advisor
- By: IE Staff
- January 13, 2017 January 13, 2017
- 10:20
Charlie Spiring departing NBF to create new investment dealer
The former founder of Wellington West and Todd Degelman will be opening the firm later this year and maintain a partnership with their previous dealer
- By: Fiona Collie
- January 13, 2017 January 13, 2017
- 09:40
Hampton Financial acquires All Group Financial Services
The All Group team, whose practice is focused primarily on institutional and retail wealth management, will join Hampton as it continues to grow its asset…
- By: IE Staff
- January 12, 2017 January 12, 2017
- 17:30
IIROC aiming to tackle key issues in the year ahead
The SRO has laid out its priorities for 2017 in a notice published on Thursday
- By: James Langton
- January 12, 2017 January 12, 2017
- 12:30
More women advisors could be solution to industry’s succession crisis
Firms can make the business more appealing to women by altering their compensation models for rookie advisors, Cerulli report finds
- By: James Langton
- January 12, 2017 January 12, 2017
- 12:15
Mass affluent investors in the U.S. relying more and more on robo-advisors
Some of these investors believe robo-advisors do a better job than an advisor in picking stocks to meet risk tolerance and selecting investments for retirement…
- By: Fiona Collie
- January 12, 2017 January 12, 2017
- 11:30
Sentinel joins forces with Regency Advisory to form new MGA
Sentinel Regency Group Benefits will provide group benefits insurance offerings to hundreds of independent advisors and their clients
- By: Megan Harman
- January 11, 2017 January 11, 2017
- 16:45