Raymond James acquires 3Macs
The well-known Montreal-based brokerage firm will continue to operate under the 3Macs brand as a division of Raymond James following the closing of the deal
- By: Tessie Sanci
- May 26, 2016 May 26, 2016
- 15:00
Latest news in Industry News
Canadian banks set aside more money for bad loans to oilpatch, consumers
Rising unemployment in Alberta and other oil-dependent provinces is leading to higher writeoffs in one bank’s credit card portfolio
- By: Alexandra Posadzki
- May 26, 2016 May 26, 2016
- 14:40
Most advisors anticipate move to fee-based compensation: Vanguard report
Regulatory change is not only the biggest trend in the financial services business, but also presents one of the biggest challenges for advisors, survey finds
- By: Tessie Sanci
- May 26, 2016 May 26, 2016
- 11:10
PlanPlus announces Canada National Financial Planning Awards winners
Conrad Toner, founder of True North Retirement Counsel in Peterbrough, Ont., honoured
- By: IE Staff
- May 25, 2016 November 9, 2019
- 17:00
CIFPs 2016: Key highlights from the 2016 Fidelity Retirement Survey
Peter Bowen, vice president, tax and retirement research, Fidelity Investments Canada, discusses the top three highlights from the 2016 Fidelity Retirement Survey, which reveal surprising…
- By: Peter Bowen
- May 25, 2016 November 9, 2019
- 13:20
Are the glory days of HFT over?
The technological arms race among high-frequency traders has raised costs and curbed profits in the industry
- By: James Langton
- May 24, 2016 May 24, 2016
- 15:45
NEMA launches tool to explain OM exemption to clients
A diagram and brief explanation will help advisors describe the rules surrounding investors’ eligibility for the OM prospectus exemption in each province and territory
- By: James Langton
- May 24, 2016 May 24, 2016
- 12:40
Not reporting an E&O claim could have negative consequences
Insurance representatives who spoke at the CIFPs conference last week recommend that you need to open with your insurer to get all the possible help…
- By: Tessie Sanci
- May 24, 2016 November 9, 2019
- 09:35
SWIFT to step up cybersecurity efforts
Industry-owned co-operative committed to helping customers fight against cyber-attacks
- By: James Langton
- May 24, 2016 May 24, 2016
- 06:30
Wealthsimple launches platform for advisors
The new service is intended for advisors who have clients with smaller accounts they want to keep on, but don’t meet minimum account requirements
- By: Fiona Collie
- May 24, 2016 May 24, 2016
- 06:00
Dealers’ Report Card 2016: Editors discuss positive results
Pablo Fuchs, senior editor with Investment Executive, and Fiona Collie, staff writer, discuss the results of the 2016 Dealers’ Report Card, including growing books of…
- By: Pablo Fuchs
- May 20, 2016 November 9, 2019
- 08:30
CIFPs 2016: U.S. tax issues and cross-border clients
Jamie Golombek, managing director, tax & estate planning, CIBC Wealth Strategies, highlights recent U.S. tax developments and their impact on clients who are required to…
- By: Jamie Golombek
- May 20, 2016 November 9, 2019
- 08:00
Canada’s robo-advisor market to see robust growth
The launch of BMO SmartFolio will lead startups to up their games and traditional firms to launch similar services
- By: James Langton
- May 19, 2016 May 19, 2016
- 15:15
Competition Bureau to study Canada’s fintech sector
The study will examine how innovation is affecting the way consumers and businesses use financial products and services
- By: James Langton
- May 19, 2016 May 19, 2016
- 14:20
CPPIB posts 3.4% annual rate of return in fiscal 2016
By comparison, its 2015 rate of return was 18.3% and the 2014 rate of return was 16.1%
- By: David Paddon
- May 19, 2016 May 19, 2016
- 14:00
Canadians living longer, StatsCan finds
Life expectancy among both males and females rose in the 2010-12 period compared with the 2009-11 period, according to new data
- By: James Langton
- May 19, 2016 May 19, 2016
- 12:30
TD strikes deal with U.S. fintech incubator
The bank will work with 23 start-ups by providing mentorship and business development support to help them develop a working prototype
- By: Rudy Mezzetta
- May 19, 2016 May 19, 2016
- 11:15
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
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