Raymond James names a new head of investment strategy, while iA shakes up its executive team
Participating life helps drive Canadian insurance sales, but wealth sales drop 23%
Within wealth management, retail net inflows dropped 80%
Proceeds of $1.34-billion deal will pay down debt
Wealth management and individual insurance sales dropped at iA Financial
Management group no longer ruling out individual asset sales
As more Canadians retire and the fixed income space grows, financial services companies are pivoting
Richardson Wealth parent firm posted $5.3-million net loss in first quarter
Net flows decreased by 60% to $990 million from $2.5 billion a year earlier
Following CI's request to withdraw coverage, S&P dropped its rating for the asset manager