Canada’s financial capital also has great potential to rise in the standings because it’s home to many incubators, accelerators and educational institutions
But PMAC stands behind the CSA’s concerns with these compensation arrangements and says regulators are “taking a bold step forward”
Accenture survey finds “most Canadian companies do not have effective technology in place to monitor for cyberattacks”
These advisors are also not concerned about regulatory changes, such as the new conflict of interest rule, and rising competition from robo-advisors
ATB Prosper is targeted to investors in Alberta who are looking to open an investment account to save for retirement or shorter-term goals
The robo-advisor provides clients with financial planning and access to a dedicated advisor and has expanded its offerings to include private investment portfolios
“Wealthsimple Black” will provide clients with $100,000 or more invested in the service with a lower management fee and access to tax-efficient funds and tax-loss…
Insured damage for 2016 topped $4.9 billion
Dennis Tew and Matthew Williams are the new heads of national sales and institutional and client service, respectively
Cutting operating costs and adapting technology to compete effectively and compensate for lack of scale are also key traits of successful firms, says Ian Russell…
In part three of a three-part series, “Women in Capital Markets 2016: Extraordinary Leaders,” Dan Richards, CEO, Client Insights, discusses career advice and a unique…
The change in structure will allow the firm to broaden its ability to provide financial services to Canada’s credit union system
The association notes that the CSA’s and the self-regulatory organizations’ rules already address compensation-related conflicts of interest
Both firms will acquire an additional 3.9% equity interest each in the Chinese asset manager for $179 million, increasing both companies’ stakes in the firm
Deal will help meet growing demand of asset management community for ESG data and insights
Last year saw the fewest and lowest value of new issues in almost two decades
The firm is acquiring a stake in China AMC, which had $215 billion in AUM and an annual compound growth rate of 40% in the…
Purchase advances firm’s U.S. growth strategy
The transaction gives the asset management firm access to money managers from around the globe
120 currency exchange houses have been identified by the Central Bank of Iraq as being in territory that is accessible by Daesh
Capital infusion will help fund future acquisitions
Board is being expanded to improve regional representation
Plan Institute’s materials will be distributed in bank’s branches
U.S. authorities accuse Platinum Partners of falsely reporting an average of 17% returns while collecting more than US$100 million in fees
IIAC has a new series to help with client conversations