Bank

TD Wealth raises new planner pay TD Wealth raises new planner pay

Industry

TD Wealth raises new planner pay

As the bid for talented advisors increases, other Big Six banks haven't made material changes to compensation for incoming branch advisors

By Katie Keir |August 19, 2022

2 min read

CIBC reports Q2 profit down from year ago, wealth management profit up 20% CIBC reports Q2 profit down from year ago, wealth management profit up 20%

Industry

CIBC reports Q2 profit down from year ago, wealth management profit up 20%

CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter

By Staff, with files from The Canadian Press |May 26, 2022

2 min read

RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up Fallback Image Decorative pattern

Industry

RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up

Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago

By Staff, with files from The Canadian Press |May 26, 2022

3 min read

AUM up 3.5% at TD Bank Fallback Image Decorative pattern

Industry

AUM up 3.5% at TD Bank

Assets under management in Canadian retail were $411 billion as of April 30, up from $397 billion at the end of Q2 2021

By Staff, with files from The Canadian Press |May 26, 2022

2 min read