Industry moves this week
A variety of moves occurred across the industry, including advisor team transitions
- By: Katie Keir
- July 22, 2024 July 26, 2024
- 15:21
A variety of moves occurred across the industry, including advisor team transitions
With reforms pending, the organization will search for new consumer, industry board reps
The country released a 50-page roadmap and cut key interest rates Monday
Economists expect another rate cut could be in store
Recent data indicate inflation is easing
Outage affecting airlines, hospitals and border crossings
Unemployment rising, but layoffs aren't, leaving room to cut rates
Weaknesses in position reporting uncovered in compliance review
Other forms of borrowing decline, led by HELOCs
The auto sector was the only one to see a modest increase
Tech advantages always prove short lived in the stock markets, report suggests
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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