IGM acquires stake in U.S. robo-advisor
Personal Capital, which targets mass affluent and high net-worth, will give IGM exposure to the growing digital wealth-management business in the U.S.
- By: Rudy Mezzetta
- May 19, 2016 May 19, 2016
- 10:15
Latest news in Industry News
Fintechs to drive transformation rather than disruption for banks: Moody’s
Banks are adopting new technologies to improve the experience of their consumers and to stay competitive
- By: James Langton
- May 18, 2016 May 18, 2016
- 09:50
Role of advisor in insurance sales needs to change: experts
With clients and their expectations evolving, the insurance industry and advisors have to adjust to the new reality by re-examining long-standing traditions
- By: Megan Harman
- May 17, 2016 May 17, 2016
- 16:35
Digital transformation pushing asset managers to passive, data-driven investments: Moody’s
Robo-advising will see continued rapid growth in assets under management
- By: James Langton
- May 17, 2016 May 17, 2016
- 13:00
Integris chooses Qtrade as wealth-management provider
The credit union and its financial planning subsidiary will offer investment services to its members through Qtrade’s full-service and direct brokerage platforms
- By: Rudy Mezzetta
- May 16, 2016 May 16, 2016
- 15:15
Wealthsimple introduces Portfolio Review service
Individuals are able to upload their statements to Wealthsimple for review, and an advisor with the firm will look to see how the person’s finances…
- By: Fiona Collie
- May 16, 2016 May 16, 2016
- 10:00
Nominating committee to recommend ORPP board members
The establishment of the nominating committee marks an important milestone for the Ontario pension plan
- By: James Langton
- May 13, 2016 January 22, 2018
- 10:00
Power Financial Q1 profit drops on investment writedown, weaker earnings
Great-West Life and IGM Financial saw their operating earnings fall by a total of $73 million while corporate expenses rose by $28 million
- May 12, 2016 May 12, 2016
- 11:50
Clark, Nixon to enter Canadian Business Hall of Fame
The two former CEOs of TD and RBC are among five Canadian business leaders to be inducted into the Hall on Thursday evening
- By: Tessie Sanci
- May 12, 2016 January 22, 2018
- 10:00
Canada signs tax information-sharing agreement
The agreement, signed by 39 countries, forms part of an effort to boost tax transparency by multinational enterprises
- By: James Langton
- May 12, 2016 May 12, 2016
- 09:30
Time for the investment industry to disrupt itself
There are lessons to be learned from technology companies such as Uber that have revolutionized pre-existing businesses
- By: Tessie Sanci
- May 11, 2016 May 11, 2016
- 15:00
Wealthsimple for Advisors readies for launch
Advisors will be able to send invites to clients they feel would best benefit from the robo-advisor’s services and then monitor those clients’ portfolios and…
- By: Tessie Sanci
- May 11, 2016 January 22, 2018
- 11:40
WealthBar raises $5.5 million to create new offerings
Nicola Wealth Management and Howard Atkinson have invested in the robo-advisor, which is looking to add a platform for financial advisors and financial services firms
- By: Tessie Sanci
- May 10, 2016 January 22, 2018
- 10:20
Fire takes toll on Fort McMurray’s financial services community
Firms are doing what they can to ensure staff are safe and that clients are taken care of during this difficult time
- By: Geoff Kirbyson
- May 10, 2016 May 10, 2016
- 10:00
Court finds against RRSP tax-free withdrawal scheme
A widow lost both her capital and its tax-sheltered status after investing in a dubious scheme
- By: Patricia Chisholm
- May 9, 2016 January 22, 2018
- 15:30
Canadian DB pension plans hold steady in Q1
Despite a large drop in global equities during the quarter, the rally in Canadian equities at the end of Q1 resulted in flat returns for…
- By: Tessie Sanci
- May 5, 2016 May 5, 2016
- 15:30
IGM names new leaders for Mackenzie Investments and Investors Group
Barry McInerney replaces Jeff Carney as head of Mackenzie Investments while Carney replaces the retiring Murray Taylor as head of Investors Group
- By: Fiona Collie
- May 5, 2016 May 5, 2016
- 15:15
CPPIB’s strong returns not bearing out on pensioners’ benefits, study finds
High CPP contribution obligations Canadians face today will translate into low rates of returns in future years
- By: James Langton
- May 5, 2016 January 22, 2018
- 11:50
Foresters completes Aegon acquisitions
The deal sees Forester fully enter the asset-management business as it renames the two Aegon companies and takes over management responsibilities on some ivari products
- By: Megan Harman
- May 5, 2016 May 5, 2016
- 10:40
Door-to-door delivery, banking up for debate in Canada Post review
Task force to provide final recommendations before year’s end
- By: The Canadian Press
- May 5, 2016 May 5, 2016
- 10:25
AGF introduces award for financial advisors and planners
The new AGF Community Coach of the Year award will recognize financial professionals who volunteer their time to coach amateur sports
- By: Tessie Sanci
- May 4, 2016 May 4, 2016
- 15:40
Provisus subsidiary to introduce unique online platform
Transcend Direct is being ushered in as a response to the financial services industry’s new regulatory and technological environment
- By: Tessie Sanci
- May 3, 2016 May 3, 2016
- 16:05
Bloomberg recognizes BMO and CIBC for commitment to gender equality
The two Canadian banks were among the 26 financial services firms recognized in the initial Bloomberg financial services gender-equality index
- By: Tessie Sanci
- May 3, 2016 May 3, 2016
- 13:30
Bridgehouse accepting applications for annual scholarship program
The firm provides scholarships to students who can demonstrate knowledge of their investing personality and risk tolerance
- By: Tessie Sanci
- May 2, 2016 January 22, 2018
- 15:30
Wealthsimple wins Webby Award
The Canadian robo-advisor firm beat out well-established major U.S.-based financial services institutions for the prize
- By: Fiona Collie
- May 2, 2016 January 22, 2018
- 14:50