National wealth platform launches with 2,500 advisors under Canada Life
Through IPC Wealth and its affiliates, Canada Life said, Canadians will have access to securities, mutual funds, segregated funds, and protection products.
According to the company’s announcement, Blaine Shewchuk, executive vice-president of wealth and advice at Canada Life, said the company believes in advice.
He said IPC Wealth is a platform for entrepreneurial advisors in Canada, with scale to invest and technology their clients expect.
Canada Life said the amalgamation maintains the entrepreneurial culture advisors value while providing a full-service platform, and that a stronger national platform gives it a better foundation to invest, attract and retain entrepreneurial advisors, and grow its wealth business.
The Canadian Investment Regulatory Organization approved the amalgamation of investment dealers IPC Securities Corporation and Canada Life Securities Ltd. effective July 1, with the surviving member known as IPC Securities Corporation, according to CIRO member bulletin 26-0147.
