Industry

Reeling in Canada’s richest clients

Some top advisors explain how they earned the business of Canada's richest clients and more importantly, kept their business.

By Staff |June 14, 2011

7 min read

Nearly one third of wealthy are new Canadians: BMO

BMO Harris Private Banking today released the results of a comprehensive study showing that nearly one-third (30%) of high-net-worth Canadians—those with investable assets of $1 million or more—are new Canadians (those born outside of Canada). The study, conducted by Harris Decima, also revealed that almost all (96%) affluent new Canadians keep most of their wealth […]

By Staff |June 14, 2011

2 min read

Debt problem worse than topline suggests

Canadians are slowly waking up to the fact that putting the brakes on spending is not enough to battle household debt. According to the latest debt report from the Certified General Accountants Association of Canada (CGA-Canada), Canadian families are faced with household debt that’s reached a record high. “The debt of a typical household is […]

By Vikram Barhat |June 14, 2011

3 min read

Integrated Private Debt names president

Integrated Asset Management Corp. (IAM) has named Philip S. Robson as president of its private corporate debt group, Integrated Private Debt Corp. (IPD), effective immediately. Robson joined IPD in 1996 after a career in corporate and investment banking. He has played a key role in building IPD’s loan portfolios and will now help direct the […]

By Staff |June 14, 2011

1 min read