IGM Financial Inc is a Canadian wealth and asset management based in Winnipeg, Manitoba.
The company is a member of the Power Corporation of Canada's group of companies. The other significant members are Great-West Lifeco, London Life, Canada Life and Putnam Investments.
The company is said to be the largest non-bank-affiliated asset manager in Canada.
The company supports financial advisors and their clients in Canada and institutional investors across Asia, Europe and North America.
Investment Planning Counsel and IG Wealth Management are two operating segments under the wealth management division.
The company provides financial advice, services and investment products.
IGM Financial Inc claims to adhere to ESG practices and promotes diversity and inclusion.
The asset management company focuses on three key areas to create value for the shareholders: wealth management, asset management, and strategic investments.
The company aims to focus on the long-term strength and stability of its operations.
IGM Financial has three principal operating divisions: IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel.
• IG Wealth Management: It claims to provide services and advice to approximately one million people in Canada through a network of consultants and managers. The segment provides comprehensive planning solutions and engages in developing client relationships.
• Mackenzie Investments: With experienced professionals and proprietary investment research, the group provides multiple asset management services distributed through various channels to institutional and retail investors.
• Investment Planning Counsel: It is an integrated financial services company which provides products and tools to independent financial advisors and institutional clients.
On January 27, 2021, the company announced that it secured a top position in the Corporate Knights Global 100 Most sustainable Corporations for the current year.
Investor-related information, financial statements, quarterly reports, and regular share prices are updated and published on the company's official website.
Analysts at Desjardins Capital Markets, RBC Capital Markets, TD Securities, Barclays Capital, CIBC World Markets, Scotia Capital, Standard & Poor's, and BMO Capital Markets provide analyst coverage, the company claims.