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international business
UBS mulls financial sweeteners to keep Credit Suisse wealth bankers after takeover, source says
The three keys USB logo is seen outside the London office of Swiss bank UBS in central London, on March 20, 2023. - Global bank shares took another beating on Monday despite a UBS takeover of embattled Swiss rival Credit Suisse and actions by financial authorities aimed at calming investors fearing a broader crisis. UBS agreed to take over Credit Suisse for $3 billion Swiss francs ($3.25 billion) in a government-brokered deal over the weekend following days of market upheaval over the health of the banking sector. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)
advisor mutual funds
Debate grows over two pension plans for business owners and whether they’re truly different
Your retirement savings process needs to reflect where you are in life.
your practice
You know a financial plan covers more than investments – but do your clients?
A digital tablet tests on top of various documents pertaining to financial subjects such as life insurance.
your practice
Advisors turn to newer fee models to keep up with changing client demand
Wooden Blocks with the text: Fees
opinion
Advisors need to embrace digital transformation or risk being left behind
Jason Pereira
your practice
What advisors need to consider when clients move to another province
overhead view of couple sitting on floor together using computer wireless internet while moving into new home
your practice
Can an algorithmic advisor-successor match translate to face-to-face chemistry in succession planning?
Compliance rule law and regulation graphic interface for business quality policy planning to meet international standard.
your practice
How the ‘feminine approach’ is reshaping the wealth management industry
MAILI WONG
international business
Bitcoin rises above US$60,000 again on talk of reduced supply
FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
opinion
The wealth-management industry needs to stop treating women as an afterthought
Rita Trichur
report on business
Wealthsimple selling U.S. book of business to robo-adviser Betterment
Robo-adviser Wealthsimple, whose Toronto headquarters are seen earlier this year, brings Grayhawk in to support its business-to-business platform, which is designed specifically for financial advisers looking to offset some investment-management tasks.
report on business
Guardian Capital buys BNY Mellon’s Canadian wealth management business
A BNY Mellon sign is seen on their headquarters in New York's financial district, January 19, 2011. REUTERS/Brendan McDermid
report on business
Banks target stay-at-home savers in push to sell investment advice
Teri Currie, Group Head, Canadian Personal Banking at TD Bank Group, is photographed outside the bank’s downtown Toronto offices on Feb 11 2021.
report on business
Canaccord sells stake in UK wealth management firm for $210-million
Canaccord Genuity has named Dan Daviau as its new president and CEO.
inside the market
This is when you’ll know that dividend stocks are in big trouble because of inflation
Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. nbsp;The superintendent of one of Canada’s financial regulators won’t consider allowing banks and insurers to hike dividends, offer share buybacks or increase executive compensation until COVID-19 lockdowns have subsided. THE CANADIAN PRESS/Adrien Veczan
advisor news
New annual listing to identify Canada’s best financial advisors
Excellent Golden Stars
report on business
Former Sun Life executive Jordy Chilcott joins Wellington-Altus Private Wealth
The former Sun Life executive and ex-CEO of Dynamic Funds has been appointed executive vice-president of wealth strategy and enablement at Wellington-Altus.
u.s. business
JPMorgan Chase to pay $250-million for failings in asset, wealth business
JP Morgan Chase & Co office in New York.
advisor news
Investors see greater need, value in professional advice
Business development to success and growing growth concept. Businessman pointing arrow graph corporate future growth plan
report on business
Canaccord looking to partner on U.K. wealth management business
Canaccord Genuity has named Dan Daviau as its new president and CEO.
report on business
Pandemic presents a ‘terrific opportunity’ for BMO executive’s plans to digitize
Cameron Fowler, Chief Strategy and Operations Officer at BMO Financial Group, poses for a portrait, in Toronto, on Friday, Oct., 16, 2020. (Christopher Katsarov/The Globe and Mail)
advisor news
Why advisors are still missing the mark with women investors
Business woman wearing sunglasses at sunset is looking at corporate office building. Double exposure photography
report on business
CI Financial growing wealth management business with minority stake in Assante Dorval
report on business
Former GMP Capital CEO proposes new slate of directors in fight over restructuring plan
Bank buildings are photographed in Toronto's financial district on June 27, 2018. A coalition of Canadian business leaders have announced a strategic partnership for a program to support Black professionals on Bay Street and elsewhere. THE CANADIAN PRESS/ Tijana Martin
report on business
Former CI Financial executives to beef up retail division at Guardian Capital
President and CEO Barry Gordon of First Asset poses for a photo in Toronto on Thursday, November 8, 2012. (Michelle Siu for The Globe and Mail)
opinion
Canadians need to rethink their bank-heavy portfolio strategy
Ian McGugan
report on business
Vanguard lays off some Canadian staff, shuts down offices in Hong Kong, Japan
Clouds roll over Hong Kong, on March 19, 2020.
report on business
Investment dealer GMP Capital reworks wealth management takeover to reflect pandemic impact
Bank buildings are photographed in Toronto's financial district on June 27, 2018. The province has appointed a taskforce to review Ontario's capital markets regulations and advise on how they can be modernized. The ministry of finance says in a statement that executives with experience at Aimia Inc., Sun Life Financial Inc., GMP Securities LP, Norton Rose Fulbright and Kingsdale Advisors will form the taskforce. THE CANADIAN PRESS/Tijana Martin
opinion
Three ways the investment industry can set investors up for post-pandemic success
Kathy Bock
report on business
Canaccord lands new brokers as it looks past the pandemic
Peter Brown, CEO of Canaccord Capital, speaks to shareholders during the annual general meeting in Vancouver, BC, August 5, 2005. Lyle Stafford/The Globe and Mail
inside the market
‘What are the (dis)advantages of using a wealth management firm to navigate the post-pandemic economy?'
report on business
Great-West unit buying U.S. investment manager Personal Capital
Great-West Life world headquarters is pictured in Winnipeg on February 19, 2013. Great-West Lifeco Inc. is consolidating its three Canadian life insurance companies under a single brand. THE CANADIAN PRESS/John Woods
asia-pacific business
China unveils wealth-management scheme for Hong Kong, Macau and mainland
Pedestrians wearing face masks walk near an overpass with an electronic board showing stock information, following an outbreak of the coronavirus disease (COVID-19), at Lujiazui financial district in Shanghai, China March 17, 2020. REUTERS/Aly Song/Files
report on business
How COVID advanced the wealth management sector
Joanna Rotenberg, the Group Head of BMO Wealth Management at BMO Financial Group poses at her home In Creemore, Ontario, Friday, June 26, 2020.(Cole Burston/The Globe and Mail)
advisor news
Big tech expected to shake up wealth management industry
Mountain View, California, USA - March 28, 2018: Google sign at Google's headquarters in Silicon Valley. Google is an American technology company.
investment ideas
Once bitten, not shy: Investors again seek margin loans as stocks rally
Traders wear masks as they work on the floor of the New York Stock Exchange on May 28.