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Igm Financial Inc(IGM-T)
TSX

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Day High33.83
Open:33.33
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The Globe and Mail
The Largest Companies in Manitoba
Baystreet
Stocks in play: IG Wealth Management
The Globe and Mail
IGM CEO plans to shift gears with pivot from acquisitions to organic growth
Baystreet
Stocks in play: IGM Financial Inc.
Baystreet
Stocks in play: IGM Financial Inc.
Newswire.ca
Canada Life and IGM Financial close Investment Planning Counsel acquisition
Baystreet
Stocks in play: Mackenzie Investments

Profile

IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management subsidiary)—that provide investment management products and services. IGM had CAD 215.3 billion in assets under management, or AUM, and CAD 35.0 billion in assets under advisement, or AUA, at the end of October 2023. Investment Planning Counsel is now being accounted for as a discontinued operation, having been sold earlier this year, with the deal closed in November 2023.