Prospera Credit Union and Insurance Agencies is extending its relationship with Qtrade Financial Group by selecting the firm as its new partner for comprehensive wealth management services, including securities dealer, mutual fund dealer, investment and insurance services.

Prospera has enjoyed a long-term partnership with independent online brokerage Qtrade Investor.

“We believe our new expanded partnership with Qtrade will allow us to focus on our commitment to deliver the very best wealth management solutions to our members” says Bruce Howell, Prospera’s interim president and CEO.

Prospera say it will communicate directly with its members about the change in dealers from Credential to Qtrade in the coming month.

Prospera is one of the largest credit unions nationally and the fourth largest in B.C. With current assets of $2.2 billion under administration, Prospera’s offices are located from Vancouver to Kelowna, and include 16 branches, 9 insurance offices, six commercial centers and a contact centre. Subsidiaries include Ubiquity Bank of Canada, Kelowna Valley Insurance Services Ltd., and Vernon Insurance Inc.

Qtrade Financial Group provides comprehensive wealth management services and solutions to 180 financial institutions and their customers across Canada. Qtrade administers over $1.7 billion of investment assets.