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Integrated full-service firms have outshone independents since 2012, but there's more to the story
Canaccord Genuity Group Inc. has added MLD Wealth Management Group to its Canadian wealth management business. The addition supports the firm’s objective to grow assets under management and administration “to enhance the long-term stability of its earnings potential,” says a release. Read: Updated: Scotiabank to buy Jarislowsky Fraser for $950M Based in Calgary, the MLD […]
The firm also sees strength in its wealth management business
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Segments unite; key leaders move
For the second quarter ended June 30, 2017, Desjardins Group reports an 11.4% increase in operating income, to $3.9 billion. Subsequently, Desjardins Group reached $581 million in surplus earnings before member dividends, up $154 million (36%) from the same quarter of 2016. In a release, the firm says the increase is due to the contribution […]
For the second quarter ended June 30, 2017, Fiera Capital Corporation says its assets under management have grown to $125.7 billion, or by 15% year over year
Industrial Alliance has completed the acquisition of HollisWealth from Scotiabank, effective August 4, 2017
CI Financial Corp. today reported preliminary assets under management (AUM) at July 31, 2017, of $120.4 billion and total assets of $160.5 billion. AUM grew by $7.4 billion or 6.5% year over year, and declined 0.6% in the month of July. Total assets gained $10.8 billion or 7.2% for the 12-month period and decreased by […]