The transaction allows the bank to increase its reliance on wealth management as a source of earnings
MD Financial will operate as a distinct, stand-alone brand within Scotia Wealth Management upon the closing of the deal
A suite of services includes online trading, robo-advice and personal financial planning with a dedicated financial advisor
MD Platinum provides institutional-level investment strategies to Canadian discretionary retail investors
Investment options for clients include transferring to Series A of the same mutual fund or MDPIM pool
New ratings for three funds
The changes in investment advisors will allow for more diversification of sectors and foreign securities, among other things
MD Financial has expanded pre-existing relationships with Manulife Asset Management and Franklin Templeton, which are now subadvising four funds
MD is the exclusive financial services partner for women physicians’ organization
Students and residents gain access to a dedicated advisor who can provide personalized financial help and guidance