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Keyword: Wealth management

564 results found
Megaphone

P&C broker acquires Newport Private Wealth

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

  • By: Staff
  • June 30, 2022 June 30, 2022
  • 14:12
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Guardian Capital acquires majority of Ontario investment counselling firm

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

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Industry moves this week

Across multiple industry segments, shifts have occurred

Banks

Banks’ wealth businesses to take a hit: Fitch

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

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Canadian AUM up 34.5%, net income down 50.5% for Canaccord

Global wealth management revenue dropped 12.5%

Business people, entrepreneur, business, small business concept

Industry moves this week

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

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DBRS downgrades CI rating to BBB

The rating agency cited "persistently high debt levels"

Banks

National Bank reports Q2 profit up from year ago, raises dividend

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

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Industry moves this week

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

CIBC building downtown Toronto

CIBC reports Q2 profit down from year ago, wealth management profit up 20%

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