New York-based RIA manages more than US$2.5 billion
The firm's assets under administration totalled $30.3 billion at the end of last year
Competition ramps up between big banks, retail brokers
The bank’s wealth management division saw a significant year-over-year increase in AUM
Marsh has led the brokerage since 2010
IG Wealth Management and Mackenzie Investments recorded record-high asset levels
Product sales surged in the firm’s wealth management and individual insurance businesses
The company's assets increased dramatically following several acquisitions
Core earnings dip slightly despite profit increase, however
The company will name a new president in the coming weeks