Damon Murchison, president and CEO of IG Wealth Management invited me to his comfortably modest downtown Toronto office this week to talk about the dealer’s plans for this, its 99th year in business. The 54-year-old financial services veteran will mark a half-decade in the top job this September — a period dominated by the pandemic, headline-grabbing monetary policy and outsized market returns.
We sat down, one day out from the launch of U.S. President Trump’s global tariff war. His message to the more than 3,000 advisors that carry IG Wealth business cards: No bull market lasts forever.
“Something had to happen. I would personally rather it be something that’s not structural like this. But this is the volatility we expected,” he said. “Did we expect it to come in this form? No, but we’ll get by this.”
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