Canada’s Financial Industry Newspaper | Investment Executive
Investment Executive has the latest news and analysis on investment products, industry news and securities regulation for financial advisors.
New direction for Richardson Wealth | Investment Executive
Jan 25, 2021 · “We have this pent-up energy that is going to be unleashed because we’ve been held back for the last year or two,” Marsh said. Kish Kapoor, president and CEO of Richardson Wealth’s parent firm, Toronto-based RF Capital Group Inc. (formerly GMP Capital Inc.), said there’s a “significant” opportunity to grow the brokerage firm’s …
AIM Funds Management Inc. | Investment Executive
Jul 9, 2008 · AIM Trimark rebrands as Invesco Trimark As part of a broader brand strategy used by parent firm Invesco Ltd., AIM Funds Management Inc., carrying on business as AIM Trimark Investments, today was renamed Invesco Trimark Ltd.
Feds launch public consultations on new luxury tax
Aug 11, 2021 · In a backgrounder document accompanying the release, the government provided several examples of how the luxury tax would apply. For a car with a price of $106,000, the luxury tax would be $1,200, or 20% of the value of the car above the threshold amount of $100,000.
News for Canadian Financial Advisors - Investment Executive
3 days ago · Breaking industry and regulatory news for IIROC, MFDA and life insurance-licensed financial advisors, portfolio managers and financial planners.
Seg funds 101 - Investment Executive
Jun 14, 2021 · In more detail, a seg fund is an insurance contract issued by a life insurance company and regulated by the federal Insurance Companies Act. Seg funds have two parts: a pooled investment component (similar to a mutual fund), plus an insurance policy that protects against the loss of the invested capital when a contract matures.
Deutsche Bank buys Scudder Investments - Investment Executive
Sep 24, 2001 · Deutsche Bank is buying 100% of Scudder Investments for US$2.5 billion. Deutsche Bank and Zurich Financial Services have signed the acquisition agreement for the sale of the U.S.-based firm.
Canadian investors love dividends. Here’s where to find them in ETFs
Feb 13, 2024 · D’Angelo noted the ETF is a top-quartile performer in its peer group over the past three, five and 10 years. This is despite the strategy making no attempt to screen for qualities such as dividend growth, financial strength or payout ratios.
Desjardins to acquire Worldsource wealth and insurance …
Nov 30, 2022 · IDC, WFM and WSI serve more than 5,000 independent advisors in the Canadian insurance and financial advice markets. “This acquisition strengthens Desjardins in the important life insurance and wealth management sectors across Canada,” said Desjardins Group president and CEO Guy Cormier in the release.
Charles Schwab buys TD Ameritrade, TD Bank to hold 13% stake in ...
Nov 25, 2019 · TD Ameritrade stockholders would receive 1.0837 Schwab shares for each TD Ameritrade share they own. The transaction gives Schwab about 12 million client accounts, $1.3 trillion in client assets and approximately $5 billion in annual revenue.