Business
Canada Life acquires Investment Planning Counsel - a leading independent wealth management firm - from IGM Financial
Canada Life acquires Investment Planning Counsel - a leading independent wealth management firm -...
About this update from Great-west Lifeco Inc.
[{"type":"text","content":"\n \n \n \n Canada Life acquires Investment Planning Counsel - a leading independent wealth management firm - from IGM Financial\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnsbbb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Acquisition aligns with Canada Life's vision to establish a leadership position in the Canadian independent advisor wealth market\n \n \n \n \n \n With the acquisition of Investment Planning Counsel (IPC) and its broad range of wealth management solutions – including an IIROC dealer – Canada Life is accelerating its vision of establishing a leading wealth management platform for independent advisors and their clients.\n \n \n IPC and Canada Life's existing wealth platforms create one of\n \n Canada's\n \n largest non-bank wealth providers.\n \n \n Over time, Canada Life expects to build to a single, end-to-end wealth platform, by leveraging the advantages of greater scale, a broader set of solutions and enhanced support, creating a best-in-class experience for advisors and their clients.\n \n \n IPC and Canada Life's wealth platforms will continue to operate separate from one another as the regulatory environment evolves, and the company invests in its dealer technologies.\n \n \n \n \n \n WINNIPEG, MB\n \n \n ,\n \n \n April 3, 2023\n \n \n /CNW/ - The Canada Life Assurance Company (Canada Life), a subsidiary of Great-West Lifeco Inc., has reached an agreement to acquire Investment Planning Counsel Inc., a leading independent wealth management firm, from IGM Financial Inc. (IGM). This acquisition extends Canada Life's wealth management reach and capabilities, helping advisors to better meet the diverse and changing needs of more Canadians.\...