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Investia finalizes deal

The acquisition of Ten Star's mutual fund dealer is the latest in a long line of purchases for Investia, an IA subsidiary

Banks drag down results in Q3

About half of the firms in the financial services sector saw their results improve while the other half saw them decline

CIBC recognized

World Finance, a London-based financial magazine, has named Toronto-based Canadian Imperial Bank of Commerce (CIBC) as the Best Wealth Management Provider in Canada for 2014.…

Purchase complete

Quebec City-based Investia Financial Services Inc.’s acquisition of Waterdown, Ont.-based Ten Star Group of Cos. is complete. The deal includes the transfer of financial advisors…

Hub buys MGA

Woodbridge, Ont.-based managing general agency (MGA) Hub Financial Inc. has acquired MGA Partners Inc., an MGA based in Niagara, Ont. MGA Partners operates throughout Ontario,…

Contracting parties must be honest

A scholarship plan firm was the loser in a recent SCC case dealing with the contractual obligations of advisors and their firms

Improvements needed at IIROC

The SRO's performance in its enforcement and business conduct compliance functions is not up to snuff, CSA report reveals

Aston Hill board

Calgary-based Aston Hill Financial Inc. has announced the appointment of Peter Anderson to its board of directors. Anderson was a senior executive at CI Financial…

Rajwani returns

Rahim Rajwani has returned to Vancouver-based independent brokerage firm Salman Partners Inc. He rejoins the firm as its new vice president of corporate development and…

New CEO at TD

Bharat Masrani is the new group president and CEO at Toronto-based Toronto-Dominion Bank (TD). Masrani is a member of TD’s board of directors and brings…

Change at NBC

Two new directors have joined the board of National Bank of Canada, based in Montreal. Raymond Bachand is a former member of the Quebec national…

Increasing clients’ financial literacy

A new national strategy for financial literacy focuses on educating three broad groups of people

Robo-advisors: Not for clients only

Firms that provide online robo-advisory services are extending that service to advisors so that they can focus on serving clients

Interest in seg funds rises again

Volatile markets and a decline in GMWBs have caused a surge in seg fund sales. Some insurers are hiking fees and introducing new products

IIROC mulls advisor education reform

With the CSI's exclusive contract coming to an end in January 2016, the timing appears right for an overhaul

IIAC is seeking a delay to CRM2

The organization believes that both the securities industry and investors would prefer reporting based on the calendar year

A passion for philanthropy

Ray Chang was crucial to the success of CI Financial. But when he died this year at age 65, he left a legacy of giving…

  • By: Jade Hemeon
  • November 27, 2014 October 30, 2019
  • 15:00

Firms bought out

Wilton Re Ltd., a life reinsurance company based in Bermuda, has purchased Transamerica Life Canada of Toronto. Wilton Re also has agreed to pay $600…

RBC wins awards

For the second consecutive year, Toronto-based Royal Bank of Canada’s (RBC) wealth-management division has been named Outstanding Wealth Manager, Customer Relationship Service and Engagement at…

ACROSS THE BORDER

Exclusively on IE:TV

  • By: IE Staff
  • November 15, 2014 October 30, 2019
  • 00:00

3Macs acquisition

Montreal-based MacDougall MacDougall & MacTier Inc. (3Macs) has purchased Toronto-based Castellum Capital Management Inc. Castellum president Karen Shoffner and executive vice president Owen Phillips both…

Donations to FAIR

Toronto-based Canadian Foundation for Advancement of Investor Rights (a.k.a. FAIR Canada) has received donations from Talisman Energy Inc. of Calgary and Manulife Financial Corp. of…

Newsmaker: BMO executive looks for opportunities

Julie Barker-Merz is overseeing significant change at BMO InvestorLine with the introduction of adviceDirect

Is RRIF reform on the federal agenda?

Expected federal budget surplus may lead to changes

Specialization is key to success

Pembroke has maintained its focus by "doing a limited number of things well for a limited number of clients"