TORONTO, June 23, 2020—Aviso Wealth Inc. (“Aviso Wealth”) today announced the successful onboarding of Professionals’ Financial (“the Financial”) to its carrying brokerage platform.
Aviso Wealth, through its correspondent and institutional division, Aviso Correspondent Partners, will now provide Professionals’ Financial with a full suite of custody, administration, trading, and reporting solutions.
“We’re proud to partner with the Financial to fulfill a key role in their successful business model,” said Bill Packham, President and CEO of Aviso Wealth. “We look forward to providing the tailored solutions they require to serve their clients and grow their business, with superior service and support led by our team in Montreal.”
Professionals’ Financial converted its introducing-broker business to the Aviso Correspondent Partners platform following an extensive due diligence process, and multi-stage testing cycles, which ensured the smooth transition of more than $4 billion in assets managed by the Financial on behalf of its clients.
“Innovation, customized service, and high standards of competence and integrity are essential to our ability to support our clients’ holistic financial well-being, through every stage of their personal and professional lives,” said Jean-François Levasseur, Vice President, Compliance and Operations for Professionals’ Financial. “Aviso Wealth shares this approach and values, and provides a robust platform based on leading technology and responsive service. These qualities make Aviso Wealth an ideal partner to help us respond to changing business environments while we continue to elevate our clients’ experience.”
“Being selected by one of Quebec’s most prominent and respected independent wealth managers speaks to the quality of our comprehensive offering,” said Kevin Vanderheyden, Senior Vice President and Head of Correspondent & Institutional for Aviso Wealth. “Our team is committed to providing exceptional support and strategic guidance to help Professionals’ Financial serve its clients.”
Since the launch of Aviso Wealth in 2018, Aviso Correspondent Partners has rapidly emerged as a leading participant in Canada’s correspondent and institutional business. Aviso Correspondent Partners serves over 80 independent financial organizations across the country, including portfolio managers, investment dealers, insurance companies and trust companies. Aviso Correspondent Partners’ end-to-end solutions are matched with a high-touch service model, and supported by experienced frontline teams in Montreal, Toronto, Calgary and Vancouver.
About Aviso Wealth
Aviso Wealth is one of Canada’s largest independent wealth management firms. Formed in 2018 from the united talents and resources of three successful, industry-leading firms—Credential, NEI Investments and Qtrade Financial Group—Aviso Wealth provides Canadians with a comprehensive range of integrated wealth management services and solutions. Owned by the Credit Union Centrals, The Co-operators/CUMIS and Desjardins, Aviso Wealth has approximately $70 billion of assets under management and administration. For more information please visit aviso.ca.
About Professionals’ Financial
Professionals’ Financial offers private management products and services, financial planning solutions, as well as a complete range of mutual funds. Established in 1978 by and for professionals, Professionals’ Financial is committed to keeping its management fees among the lowest in the Canadian market. It is affiliated with the Fédération des médecins spécialistes du Québec, the Association des chirurgiens-dentistes du Québec, the Corporation de service de la Chambre des notaires, the Association des architectes en pratique privée du Québec and the Association québécoise des pharmaciens propriétaires. Thanks to this affiliation, Professionals’ Financial is uniquely positioned in terms of impartiality, representation of its clients’ interests and market performance.
For media inquiries outside Quebec, please contact:
Senior Writer, Communications
For media inquiries in Quebec, please contact:
Senior Director, Corporate Communications and Public Affairs
Phone: (514) 350-5058
Cell: (514) 709-3096