The cash deal is valued at more than $1 billion
A U.S. report suggests a secular change related to fee pressure
Kristi Mitchem will replace the retiring Richard Wilson on March 18
Annual EY survey reveals key challenges and firms' progress
Investment management firm Fiera Capital Corporation has added three senior fixed income professionals. Charles Lefebvre, Luc Bergeron and Tan Vu Nguyen are joining the firm’s fixed income team, said a release on Thursday. The three new team members previously worked together at Optimum Asset Management. Their new titles are: Charles Lefebvre, vice-president and senior portfolio […]
If your client holds assets jointly, controversies could arise over right of survivorship or termination
Manulife Financial Corporation reported higher earnings in its Q1 results on Thursday, with the company for the first time exceeding $1 trillion in total assets under management and administration. For the quarter ended March 31, common shareholders’ net income was $1.35 billion, up from $1.05 billion in the same period a year earlier. Global AUM […]
IA Financial Group grew its assets under administration in 2016, reaching $126.2 billion at the end of the year, up 9% from $115.8 billion at the end of 2015. Reporting its fourth-quarter results for the period ending December 31, 2016, the company said net income for its individual wealth management segment was $120 million for […]
Canaccord Genuity Group’s Canadian wealth management business grew its assets under administration by 32.5% over the past year, the firm says, reaching $12 billion at the end of 2016 as it registered additional assets from new advisory teams. “Assets in our Canadian wealth management business continued to improve, primarily due to the success of our […]
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