Insurer will pay GreenOak shareholders $195 million in cash in exchange for a 56% stake in the new firm
Jesse McNeil, director of group benefits at Rise People, will join the company
CI sees great potential in giving advisors the ability to use WealthBar’s robo-advisor service
Veteran advisor Les Sherman makes the switch
The exchange operator plans to combine the Toronto-based firm with its existing analytics hub business
Although most are confident about the economy, they are cautious about deal-making
The deal will help Virtu build scale in its institutional agency operations as well as diversify the business
Leader in pensions governance and investment consulting fits with Hubs’s growth strategy
The deal has added more than $35 billion in AUM to TD Asset Management
Fiera will continue to manage its Canadian closed-end funds and alternative strategies