Proposed changes aim to simplify IG’s Cornerstone Portfolios lineup
The changes affect administrative and management fees, as well as risk ratings
T. Rowe Price will provide investment advisory services for U.S. large cap equity fund
Two IG affiliates failed to move eligible investors into a cheaper series of certain funds
Mackenzie will provide mutual funds for Investors Group's advisors, Mackenzie's distribution channels and the clients they serve
The firm plans to simplify its mutual fund offering by merging multiple funds and updating investment objectives and strategies
Arash Gabriel Armani refused to co-operate with a regulatory investigation into his conduct
The changes include tweaking the investment objectives and strategies, modifying corporate classes and reducing fees
Regional managers are overseeing the reassignment of clients to veteran advisors following the dismissal of approximately 400 primarily younger advisors
The financial giant has let 400 advisors and 80 administrative staff go in recent months