IGM Financial Inc. Overview
Pro stress-test →IGM Financial is a leading wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors globally. The company provides investment planning and management, brokerage services, distribution of insurance and banking products and managing and distributing mutual funds and asset products.
Strategic Profile
Pro stress-test →The company operates in Canada through its subsidiaries IG Wealth Management and Mackenzie Financial Corporation. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. This provides strategic backing and integration opportunities within a larger financial services ecosystem.
Competitive Landscape
Pro stress-test →Brookfield Asset Management, State Street, The Charles Schwab, CI Financial, and Raymond James Financial are some of the 17 competitors of IGM Financial. IGM competes on its scale, Canadian market presence, advisor-centric model, and integrated service offerings versus both traditional wealth managers and emerging digital alternatives.
Industry Context
IGM Financial Inc. operates in Wealth and Asset Management.
Key facts
Founded: 1926 · Headquarters: Winnipeg, Canada · Employees: 3,651 · Revenue: $2.66B · Market cap: $9.1B