Investors Group launches discretionary and fee-based accounts

Investors Group has a new separately managed account program, Azure Managed Investments, as well as a new fee-based account.

Azure Managed Investments are discretionary-managed accounts. There are seven different investment mandates available that provide core equity exposure in Canadian, U.S., North American and international equity markets, and are managed with support from I.G. Investment Management, Ltd., and external investment managers.

Investors Group’s fee-based account is a non-discretionary, fee-based brokerage account.

Read: BMO launches funds for fee-based advisors

“With a growing segment of affluent Canadians, there is an increased demand for various fee-based structures. This growing segment of high-net-worth investors often has broader product needs than traditional mutual funds,” says Todd Asman, executive vice-president of products and financial planning at Investors Group, in a release.

Azure Managed Investments and the fee-based account are offered through Investors Group’s brokerage services firm, Investors Group Securities Inc.

Read: Franklin Templeton offers new liquid alt fund

Also read: New ETF first to track Canadian natural gas

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.