Power Financial Corporation Overview
Pro stress-test →Power Financial Corporation is a diversified Canadian financial services holding company with operations across insurance, wealth management, and asset management globally. The company provides life, disability, health insurance, retirement planning, investment advisory services, and wealth management products to millions of customers across Canada, the United States, Europe, and Asia.
Strategic Profile
Pro stress-test →Power Financial operates as a management and holding company controlling Great-West Lifeco and IGM Financial, two leading financial services institutions. The company's diversified portfolio spanning insurance, asset management, and investment advisory creates a comprehensive wealth and protection solutions platform with significant distribution networks through third-party financial advisors and independent consultants.
Competitive Landscape
Pro stress-test →Power Financial competes in Canada's financial services sector alongside other major diversified financial institutions. Key competitors include other large financial holding companies offering insurance, investment management, and wealth advisory services across North America and internationally.
Industry Context
Power Financial Corporation operates in Financial Services / Asset Management / Insurance.
Key facts
Founded: 1984 · Headquarters: Montréal, Canada · Revenue: $42.4B · Market cap: $13.1B