New GIC products offer safety — at a cost - Investment Executive
WEBOct 12, 2021 · RBC's equity-linked GIC offers a variable return based on a portfolio of 20 Canadian and U.S. stocks. It has a minimum investment of $1,000 and a CDIC guarantee, but also has a participation factor that reduces potential returns.
CI closes deal for majority stake in Aligned Capital
WEBOct 20, 2020 · CI Financial Corp. announced on Tuesday that it has completed the acquisition of a majority interest in Aligned Capital Partners Inc., a full-service investment advisory firm based in Burlington, Ont., with over 200 financial advisors administering approximately $10 billion in assets.. The Aligned deal, which was first announced on …
Court orders Emerge Capital Management to repay employees …
WEBAug 13, 2024 · The Erie County Supreme Court has ordered Lisa Lake Langley and her Buffalo, N.Y.–based company, Emerge Capital Management Inc., to pay judgments totalling more than US$280,000 to three former Emerge Canada Inc. employees who lent nearly US$200,000 to the U.S. firm and haven’t been repaid.. According to the judgments, …
Research and Markets - Investment Executive
WEBSep 11, 2024 · Canada posted $684M merchandise trade surplus in July: StatCan. In terms of volume, imports fell 2% in the month, while exports decreased 1.5%. By: Canadian Press. September 4, 2024September 4, 2024. 09:34.
Why diversity and inclusion are important for investment analysis
WEBOct 19, 2020 · Here are four concrete reasons why D&I is important for investment management: 1. Diversity + inclusion = more talent. Diverse companies with inclusive cultures tend to attract and retain a wider pool of talent. Indeed, there is compelling research to back this up.
New National Bank Wealth Management head returns home
WEBAug 26, 2020 · Jonathan Durocher took the reins of National Bank Financial Wealth Management (NBFWM) in May — and says things are going “extremely well” despite most of his initial communications being virtual. “What helps a lot is the extraordinary work that [my predecessor] Martin Lavigne and the NBFWM team have accomplished over the …
Ontario proposal would open life insurance to secondary market
WEBFeb 22, 2021 · A private member’s bill sponsored by a PC MPP would permit Ontarians to sell their life insurance policies to a third party, but the industry is opposed. Life settlements are controversial and have been banned in most provinces, except Quebec.
Expanded reporting rules for bare trusts have estate practitioners ...
WEBMar 11, 2022 · The federal government proposes to expand trust reporting rules to cover bare trusts, which are commonly used for property transfers, tax planning or privacy. Learn how the new rules may affect your clients and what …
CI acquires Barrett Asset Management - Investment Executive
WEBMar 11, 2021 · CI Financial, a Canadian wealth management firm, announced an agreement to buy Barrett Asset Management, a New York-based RIA with US$2.5 billion in AUM. The deal expanded CI's U.S. presence and its multi-family office services.
AI tools for financial advisors are already here
WEBSep 28, 2023 · Pereira, speaking last weekend at the Institute for Advanced Financial Planners’ annual symposium in Edmonton, outlined the AI tools advisors can already use to cut down on time spent writing emails, reviewing documents, following up on client requests and developing financial plans. While the tools may be unsettling to some advisors who …