Wealth management division buoys Canaccord through another tough quarter
Inflation forcing some clients to withdraw assets to meet needs
- By: Mark Burgess
- November 15, 2023 November 15, 2023
- 12:07
Inflation forcing some clients to withdraw assets to meet needs
Tribunal rules that misconduct involved securities
Panel found respondent couldn't mount proper defence without access to confidential evidence
CEO John Graham said the CPP offers the benefit of risk pooling and diversification
Firm is the latest to trim staff as economic uncertainty weighs
In Canada, wealth and asset management saw a 14% increase in profitability from a year earlier
Advisors can build intergenerational relationships to retain clients' children
The certification body also proposed a "monitor and review" practice standard
Manulife's Frances Donald warns that the current environment has made forecasting very difficult
Regulator investigating amid suspected trading misconduct
Survey finds investors don't see the need for major overhaul
More recent data in Canada, U.S. points to rising joblessness
'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