Consolidation

Industry News

Mega deals drive robust M&A: Crosbie & Co.

Improved sentiment underpins revival in dealmaking

By James Langton |February 18, 2026

2 min read

Industry

Fitch says brokerage sector looks stable in 2020

The rating agency said it expects industry consolidation to continue

By James Langton |November 22, 2019

2 min read

Industry

Why CI is buying Sentry

The details behind the $780-million deal

By Simon Doyle |August 10, 2017

3 min read

Industry

Wawanesa closes deal for Desjardins broker, insurance divisions

Trimont Financial Ltd., a subsidiary of the Wawanesa Mutual Insurance Company, has formally closed its purchase of Western Financial Group and Western Life Assurance from Desjardins Group. The $775-million transaction includes the Western brokerage network, Western Financial Group Insurance Solutions and Western Life Assurance. Western’s brokerage network will continue to operate under the Western name […]

By Staff |July 6, 2017

1 min read

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

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

IA Financial buys HollisWealth

IA Financial Group has reached a deal to purchase HollisWealth from Scotiabank, making it one of the largest non-bank wealth management advisory firms in Canada with $75 billion in AUA. Insurer IA Financial and the Bank of Nova Scotia announced the deal on Monday, merging the fourth-largest independent advisor network in Canada with Industrial Alliance. […]

By Staff |December 5, 2016

2 min read

Advisor Group now owned by Transcontinental

The Advisor Group of properties – Advisor’s Edge, Advisor’s Edge Report, Advisor.ca and the Conseiller brands — has been acquired by Transcontinental Media. Transcontinental also owns Investment Executive and Finance et Investissement. When asked why the purchase made sense, Pierre Marcoux, senior vice-president of business and education at TC Media, pointed to the complementary nature […]

By Melissa Shin |December 1, 2016

2 min read

Consolidation

Mega deals drive robust M&A: Crosbie & Co.

Fitch says brokerage sector looks stable in 2020

Why CI is buying Sentry

Wawanesa closes deal for Desjardins broker, insurance divisions

For first time since 2011, IIROC numbers grow

IA Financial’s AUA grows 9% in 2016

Canaccord’s Canada AUA gains 32.5% over past year

‘Scale is what makes this thing work’: IA executive on Hollis purchase

IA Financial buys HollisWealth

Advisor Group now owned by Transcontinental