Investment Planning Counsel Inc. (IPC) has signed a 10-year agreement with the Canadian Association of Retired Persons (CARP) to become its recommended wealth management company.

IPC will provide a full range of financial products and services to CARP’s more than 400,000 members. IPC will also select “CARP Recommended” advisors to service the CARP market.

“We are honoured to be chosen to serve such an extensive and dynamic group of Canadians,” said Chris Reynolds, president, IPC.

All CARP members, whether they are novice or sophisticated investors, will have access to an IPC advisor, a complimentary financial review, and annual financial updates.

As part of the agreement, IPC will also offer its full range of financial products, services and independent advice to CARP members, including estate planning, GICs, mortgages and other banking services. In addition, through Counsel Wealth Management – IPC’s portfolio management service – CARP members will have access to independent money managers and a variety of investment portfolios tailored to each members’ financial goals.

As an added benefit, CARP members will receive preferred pricing options on selected financial services. IPC advisors will also host education seminars for CARP members in cities and local communities across the country on financial planning issues relevant to the 50-plus.

“Our mandate is to enhance the rights and quality of life of mature Canadians, and we believe that Investment Planning Counsel’s corporate philosophy of helping Canadians live their dream, plus their solid financial planning expertise, makes them a great fit for our members,” said Lillian Morgenthau, founder and president of CARP. “We look forward to growing our relationship with IPC over the next decade and beyond.”