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July 6, 2021

iA Financial merges FundEX Investments and Investia brands

By Verdict Staff

Canada’s iA Financial has brought together FundEX Investments and Investia Financial Services in a bid to solidify its position in wealth management space.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The move merges iA Wealth’s MFDA division under the Investia brand.

iA Wealth executive vice-president Sean O’Brien called the merger of FundEX and Investia as the logical next step in the evolution of MFDA business.

“By unifying our brand and focus, the merger brings greater clarity to our position in the marketplace and creates efficiencies that enhance our ability to deliver a superior experience for both advisors and clients,” said O’Brien.

Established in 1988, Investia is said to be one of the largest independent MFDA advisory firms in Canada.

Investia president Louis DeConinck said: “The driving force of Investia’s success has always been our unwavering commitment to the independent advisory model, which ensures unbiased guidance and a fully tailored experience for our clients.

“Our FundEX advisors have long shared this same commitment and we look forward to working with them as we enter a new and exciting phase of our collective evolution and growth.”

FundEX president David Chapman said: “The merger will be seamless for both advisors and clients, with no interruption to normal business activities. “FundEX and Investia already share a core technology platform in Univeris, and as a result the transition will have no impact on day-to-day operations.”

He also added that the Investia clients will continue to work with their existing advisor while FundEX advisors can utilise Investia’s practice management and digital capabilities.

Following the merger, Chapman will serve as Investia’s chief operating officer while DeConinck will remain as president.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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