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Announced

iA Financial Group to acquire assets of the retail full-service investment broker division from Laurentian Bank Securities.

Synopsis

iA Financial Group, an insurance and wealth management groups, agreed to acquire assets of the retail full-service investment broker division, from Laurentian Bank Securities, a banking institution. Financial terms were not disclosed. "iA Private Wealth is a leading independent wealth manager in Canada with a deep and committed focus on supporting advisors in delivering the highest standards of professional financial advice. This acquisition will support iA Private Wealth's strong growth and expand its presence. We look forward to welcoming these new advisors and helping them continue to secure their clients’ financial future with confidence," Stephan Bourbonnais, iA Financial Group Executive Vice-President.

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