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Keyword: Wealth management

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calculating numbers for income tax return with glasses pen and calculator

IGM Financial reports Q2 net fund redemptions, 12.7% earnings drop

Assets under advisement and management dropped nearly 10% from the previous quarter

  • By: Staff
  • August 5, 2022 August 5, 2022
  • 14:12

Sun Life profits fall on DentaQuest acquisition, ‘unfavourable’ market impacts

Wealth sales in Canada dropped 10% from a year ago

calculating numbers for income tax return with glasses pen and calculator

iA reports lower profit, hikes dividend

Volatile markets contributed to losses in the insurance and wealth management businesses

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 12:51
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Industry moves this week

BMO GAM nabbed 13 investment experts from CI Financial, plus other news

Businessman has no money. Unemployed and bankrupt man looks into his empty wallet. Stress crisis, unemployed businessmen waiting for new job, recession situation and hopelessness (Businessman has no money. Unemployed and bankrupt man looks into his em

‘Bleak’ outlook for household wealth: Desjardins

Air is coming out of asset values inflated by pandemic supports

Megaphone

P&C broker acquires Newport Private Wealth

NFP's latest acquisition helps solidify its expanding asset-based business

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 14:12
Shot of two businessmen shaking hands in an office

Guardian Capital acquires majority of Ontario investment counselling firm

CEO Ken Rae sells his stake but stays on as key leader

Business people shaking hands in the office. Group of business persons in business meeting. Three entrepreneurs on meeting in board room. Corporate business team on meeting in modern office. Female manager discussing new project with her colleagues. Company owner on a meeting with two of her employees in her office.

Industry moves this week

Across multiple industry segments, shifts have occurred

Banks

Banks’ wealth businesses to take a hit: Fitch

Spike in market volatility likely to hurt fee revenues, investor confidence

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Canadian AUM up 34.5%, net income down 50.5% for Canaccord

Global wealth management revenue dropped 12.5%

  • By: Staff
  • June 3, 2022 December 8, 2022
  • 15:33