When Lucas Wennersten and his young family moved to Etobicoke, Ont., in 2019, the Phoenix native was already a successful financial advisor specializing in cross-border planning for both American and Canadian clients. Not long after arriving, the Covid pandemic locked them down in a neighbourhood that barely felt like home. His wife had just given birth to their fourth child.

Continue reading.

Desjardins Global Asset Management is buying Guardian Capital for $1.7 billion. The deal will more than double Desjardins’ $112 billion in assets under management to around $280 billion, as Kevin Press reports.

Greatway Financial has become a managing general agent for iA Financial Group — even though Greatway and its agents have been subject to multiple investigations by the Financial Services Regulatory Authority of Ontario. Read Jonathan Got’s scoop.

According to an appeals court ruling on a dispute over the treatment of real estate that’s soared in value over the past 40 years, the courts must determine what was intended at the time a will is written, not what would be fair in hindsight. James Langton reports.

Raymond James Ltd. has brought Éric Lauzon on as senior vice-president, growth and development. Lauzon, who comes to the firm after nearly two decades with CI Assante Wealth Management, will head the firm’s recruitment efforts.