Asset management

Joint tenancy, a primer Fallback Image Decorative pattern

Estate Planning

Joint tenancy, a primer

If your client holds assets jointly, controversies could arise over right of survivorship or termination

By Margaret O’Sullivan |June 30, 2017

5 min read

Manulife reports record total assets Fallback Image Decorative pattern

Industry

Manulife reports record total assets

Manulife Financial Corporation reported higher earnings in its Q1 results on Thursday, with the company for the first time exceeding $1 trillion in total assets under management and administration. For the quarter ended March 31, common shareholders’ net income was $1.35 billion, up from $1.05 billion in the same period a year earlier. Global AUM […]

By Staff |May 4, 2017

1 min read

IA Financial’s AUA grows 9% in 2016 Fallback Image Decorative pattern

Industry

IA Financial’s AUA grows 9% in 2016

IA Financial Group grew its assets under administration in 2016, reaching $126.2 billion at the end of the year, up 9% from $115.8 billion at the end of 2015. Reporting its fourth-quarter results for the period ending December 31, 2016, the company said net income for its individual wealth management segment was $120 million for […]

By Staff |February 16, 2017

1 min read

Canaccord’s Canada AUA gains 32.5% over past year Fallback Image Decorative pattern

Industry

Canaccord’s Canada AUA gains 32.5% over past year

Canaccord Genuity Group’s Canadian wealth management business grew its assets under administration by 32.5% over the past year, the firm says, reaching $12 billion at the end of 2016 as it registered additional assets from new advisory teams. “Assets in our Canadian wealth management business continued to improve, primarily due to the success of our […]

By Staff |February 10, 2017

2 min read