Toronto-based firm provides insurance products and services to doctor clients
Interest and insurance revenue rose, corporate finance revenue dropped, fee revenue remained flat
Overall revenue was also down year over year, but North American wealth management revenue was up slightly
Strategic revamp delays profitability, carries execution risk
A widow sued her brokerage firm, alleging it failed to tell her about a change in her husband's accounts
Some brokers aim to be a one-stop shop for P&C insurance, wealth management and retirement planning
Competition in the space picked up in 2018 after Scotiabank acquired MD Financial Management
It is the seventh largest bank in Canada and operates more than 130 branches across the country
Advisor pay remains stable, but variable compensation is changing
Valuations for property division are tied to the date of separation, rather than the date a divorce is granted