Igm Financial Inc(IGM-T)TSX
Day Low42.83
Day High43.43
Open:43.18
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IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which holds a 62% equity stake in IGM Financial as well as stakes in Great-West Life, London Life, and Canada Life. IGM has two main operating divisionsรขโฌโasset management (operated through Mackenzie Investments) and wealth management (via its IG Wealth Management subsidiary)รขโฌโthat provide investment management products and services. At the end of May 2024, IGM Financial had CAD 236.4 billion in AUM (including CAD 79.2 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 113.8 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 14.7 billion in other AUA.