As more Canadians retire and the fixed income space grows, financial services companies are pivoting
Richardson Wealth parent firm posted $5.3-million net loss in first quarter
Net flows decreased by 60% to $990 million from $2.5 billion a year earlier
Following CI's request to withdraw coverage, S&P dropped its rating for the asset manager
Both the Competition Bureau and OSFI are reviewing the transaction, which requires approval from the finance minister
Lack of personalized advice created a void filled by negative returns, the latest survey says
Changes include new role for former Richardson Wealth CEO Andrew Marsh and Fiduciary Trust Canada has a new CEO
Toronto-based firm said it would use proceeds from the sale to pay down debt
Mutual funds recorded $3.4 billion in net redemptions for March but ETF sales held up, IFIC reported
Client inflows at UBS came in marked contrast to the US$69 billion in outflows that Credit Suisse reported Monday