Other developments this week include cuts at Manulife and several advisor team moves
Inflation forcing some clients to withdraw assets to meet needs
Two wealth groups left Richardson Wealth, plus other notable moves across financial services
Growth in wealth management and Canadian insurance activities led to the gain
Multiple industry veterans made changes, plus Richardson Wealth's John Horwood retired
Retirements sparked changes across some firms
New partnerships and integrations are making financial advice more efficient and client-focused
Approval came nine months after the firm filed its initial application
Margin pressures, slowing loan growth and rising capital demands to continue
How advisors across the financial industry rated their channels, based on average firm results