The Investment Funds Institute of Canada (IFIC) announced Thursday that Questrade Wealth Management Inc. has become a member of IFIC, and Northern Trust Company, Canada has joined as an affiliate, effective immediately.
Questrade is an independent online discount broker operating across Canada, and is registered as an investment dealer with IIROC.
Headquartered in Chicago, Northern Trust delivers investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals around the globe.
IFIC members are fund managers or investment dealers. Affiliates are non-manager, non-distributor industry participants who provide services to managers and dealers in areas such as technology, asset and fund administration, fiduciary services, technology legal and accounting services.