Robo-advisors’ KYC process must amount to meaningful discussion
The firm’s U.S. division is also in talks with digital advice providers as it considers increasing digital advice offering to clients
Harbaljit Kahlon is a big supporter of eliminating the Family Tax Cut and putting in place policies catered to the middle class
ModernAdvisor will aim to identify and track clients’ financial goals, alert them if they are falling short and make recommendations to get back on track
J.D. Power annual survey finds that when discount brokerages offer more services, client satisfaction increases
More and more parents are delaying retirement to ensure there is enough in the bank to help their children take flight
Toronto-based Horizons ETF Management (Canada) Inc. has launched two exchange-traded funds (ETFs). Horizons Active Cdn. Municipal Bond ETF will invest primarily in Canadian municipal bonds denominated in Canadian dollars. Up to 75% of the fund’s assets will consist of non-rated Canadian municipal bonds, which are issued by mid-size municipalities and provide a slightly higher yield […]
Winnipeg-based Investors Group Inc. has merged two of its mutual funds following the approval of unitholders. IG AGF Canadian Growth Fund has merged with IG Mackenzie Canadian Equity Growth Fund; IG AGF Canadian Growth Class has merged with IG Mackenzie Canadian Equity Growth Class. Investors Group expects the mergers to provide a larger asset base […]
Toronto-based BMO Asset Management Inc. has launched four exchange-traded funds (ETFs), bringing its total roster of index-linked investments to 63 funds. All four of the new funds will give investors exposure to international markets and are meant to help investors manage risk and enhance yield. The four new funds are: BMO Low Volatility International Equity […]
Manulife Strategic Dividend Bundle now is available to retail investors. Launched by Toronto-based Manulife Investments, a division of Manulife Asset Management Ltd., the fund-of-funds provides investors with 60% exposure to Manulife Dividend Income Fund and 40% exposure to Manulife Strategic Income Fund. The bundle provides investors with exposure to both fixed-income assets in a global […]