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Keyword: Wealth management

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Megaphone

NFP's latest acquisition helps solidify its expanding asset-based business

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 14:12
Shot of two businessmen shaking hands in an office

CEO Ken Rae sells his stake but stays on as key leader

Business people shaking hands in the office. Group of business persons in business meeting. Three entrepreneurs on meeting in board room. Corporate business team on meeting in modern office. Female manager discussing new project with her colleagues. Company owner on a meeting with two of her employees in her office.

Across multiple industry segments, shifts have occurred

Banks

Spike in market volatility likely to hurt fee revenues, investor confidence

golden steps leading up, made of stacks of dollar coins in increasing height

Global wealth management revenue dropped 12.5%

Business people, entrepreneur, business, small business concept

Across all segments of the industry, advisor and management shifts are taking place

Stock Quotes as graphs and tables with magnifier and calculator in panoramic format

The rating agency cited "persistently high debt levels"

Banks

The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago

young businesswoman moving box with office supplies

Across the industry, there were retirement announcements and an advisor move

CIBC building downtown Toronto

CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter