IGM downsizing, focusing on HNW clients
The financial giant has let 400 advisors and 80 administrative staff go in recent months
- By: Geoff Kirbyson
- May 5, 2017 December 19, 2017
- 16:30
The financial giant has let 400 advisors and 80 administrative staff go in recent months
Loonie stronger; U.S. markets post modest gains
Police issue scam alert regarding Stride Lending Group
Alan Hibben replaces Gerald Soloway
Vast majority also back a best interest standard
Jobless rate falls to 6.5%
Veteran Wall Street lawyer Jay Clayton was formally sworn in as chairman of the U.S. Securities and Exchange Commission (SEC) on Thursday. Clayton was nominated…
Paul Wemple has been banned from working with MFDA firms
Relaunching GWL, Canada Life and London Life under a single banner is a topic of discussion at the firm, said Paul Mahon at Thursday’s AGM
Justice minister wants Supreme Court opinion on new genetic testing law
Loonie dips below US73¢
The regulator’s allegations have prompted some customers to pull their deposits
John Hinze, who has been with the provincial regulator for the past 16 years, takes over the role
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
The pension fund is investing up to US$1.05 billion
Plus, promotions at Harvest and Ontario Teachers' Pension Plan Board
High-profile firms and their clients were targeted in 2025
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record