The firm also plans to migrate $14 billion of Aligned Capital assets to its in-house custody platform
Net inflows in retail wealth management dropped by 87%
Retail fund sales remained positive as customers sought cash-equivalent products
IG Wealth's latest index shows most Canadians expect a recession next year
Toronto-based firm provides insurance products and services to doctor clients
Interest and insurance revenue rose, corporate finance revenue dropped, fee revenue remained flat
How to Invest
Mackenzie's new president and CEO says advisors are looking for alternatives as rising prices and interest rates threaten traditional returns
Strategic revamp delays profitability, carries execution risk
An investment plan does not equal a financial plan