IGM Financial Inc. reported $263 million in second-quarter net earnings on Thursday, a 5.8% increase from the same quarter last year.
Earnings per share came in at $1.12, up 7.7% from the second quarter in 2025.
As of June 30, IGM’s assets under management and advisement totalled $343.3 billion, up 20.9% from last June.
IG Wealth Management’s assets under advisement (AUA) came in at a record quarter-end high of $176.6 billion, up 20.4% from a year earlier. Its quarterly client net inflows totalled $341 million, up from $225 million a year ago.
IG Wealth counted 1,806 advisor practices at the end of the quarter, up from 1,764 last June.
Mackenzie Investments reported a record $268.8 billion in total assets under management, up 19.7% from the second quarter of 2025.
Total net sales for Mackenzie amounted to $1.9 billion for the quarter, an improvement from $135 million in net redemptions recorded during the same period last year. Investment fund net sales came in at $363 million, up from $187 million.
An office move
Separately, IG Wealth announced its intentions to relocate its head office in Winnipeg. It plans to sell its current building at 447 Portage Ave. and rent office space in a building on 360 Main St.
The “approach [is] consistent with IG’s office footprint in other markets, where the firm does not own its office spaces,” it said in a release on Thursday.
The multi-year move is expected to take place in stages until mid-2028.
This story contains a correction: The number of IG Wealth advisor practices increased this year, and both the 2026 and 2025 figures have been updated.