DundeeWealth: Difference between revisions
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edits to reflect dundeewealth aquisition by Scotiabank and to reflect legal changes |
All fields have been deleted except one because DundeeWealth Inc. is no longer a publically traded company. A short description of how DundeeWealth Inc. has evolved since it's acquisition by Scotiabank has been added. Tag: categories removed |
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{{Infobox Company | |
{{Infobox Company | |
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| company_name = DundeeWealth Inc. |
| company_name = DundeeWealth Inc. |
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| parent = |
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| parent = [[Scotiabank]] <ref>https://docmgt.dynamic.ca/documentdownload/getdocument/3297</ref> |
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| location = |
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| industry = |
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| market cap = |
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| market cap = 788 million USD<ref name=zenobank>{{cite web |url=http://zenobank.com/index.php?symbol=CA;DW&page=quotesearch |title=Company Profile for DundeeWealth Inc (CA;DW) |accessdate=2008-10-14}}</ref> |
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'''DundeeWealth Inc.''' and its advisor network were acquired by Scotiabank on February 1, 2011. Effective November 1, 2013, HollisWealth replaced DundeeWealth as the brand name used by Scotiabank to identify one of Canada's largest independent financial advisor networks. The name HollisWealth is derived from the location of Scotiabank's historic head office building which was constructed more than 175 years ago, in 1837, at 188 Hollis Street in Halifax, Nova Scotia. |
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'''DundeeWealth Inc.''' is a Canadian financial services company, formerly a public company and subsidiary of [[Dundee Corporation]]. DundeeWealth's headquarters is Dynamic Funds Tower, an office building at 1 Adelaide Street East, in the downtown Toronto financial district. |
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==Subsidiaries== |
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* Brokerage |
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** DWM Securities Inc. |
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** Dundee Private Investors Inc. |
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** Dundee Insurance Agency Ltd. |
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** Dundee Mortgage Services Inc. |
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* Investment Management |
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** GCIC Ltd. |
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** Dynamic Funds (http://www.dynamic.ca) |
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** DundeeWealth Investment Counsel (formerly Goodman Private Wealth Management) |
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=== Brokerage === |
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DundeeWealth's brokerage business is made up of DWM Securities Inc., Dundee Private Investors Inc., Dundee Insurance Agency Ltd., and Dundee Mortgages Services Inc. |
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These operations include a full service investment dealer engaged in wealth management & financial advisory services, retail brokerage, financial planning, mutual fund dealership, a full service Managing General Agency (Insurance), and Mortgage services. |
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DundeeWealth has approximately 900 Advisors dealing with the public. |
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=== Investment Management === |
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DundeeWealth's investment management business is run by GCIC Ltd., whose Dynamic Funds division is perhaps the more commonly known business in DundeeWealth's investment management business. |
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Dynamic Funds is a mutual fund company, competing with the likes of Fidelity, Invesco Trimark, AIC, CI Funds, and many others. See the [[List of mutual fund companies in Canada|mutual fund companies in Canada]] page for more information. |
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== Sources == |
== Sources == |
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{{http://www.scotiabank.com/images/en/filesaboutscotia/25784.pdf |
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{{reflist}} |
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http://www.newswire.ca/en/story/848009/dundeewealth-seeks-shareholder-approval-to-redeem-series-1-preferred-shares |
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http://www.advisor.ca/news/industry-news/dundee-acquisition-completed-shares-to-delist-41477 |
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==External links== |
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http://www.marketwired.com/press-release/holliswealth-officially-launches-rebranding-tsx-bns-1846883.htm}} |
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* [http://www.dundeewealth.com/ Official website] |
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[[Category:Banks of Canada]] |
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[[Category:Mutual fund companies of Canada]] |
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[[Category:Stock brokerages and investment banks of Canada]] |
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Revision as of 21:22, 16 January 2014
 | A major contributor to this article appears to have a close connection with its subject. (November 2012) |
| Headquarters | Canada  |
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DundeeWealth Inc. and its advisor network were acquired by Scotiabank on February 1, 2011. Effective November 1, 2013, HollisWealth replaced DundeeWealth as the brand name used by Scotiabank to identify one of Canada's largest independent financial advisor networks. The name HollisWealth is derived from the location of Scotiabank's historic head office building which was constructed more than 175 years ago, in 1837, at 188 Hollis Street in Halifax, Nova Scotia.
Sources
{{http://www.scotiabank.com/images/en/filesaboutscotia/25784.pdf http://www.newswire.ca/en/story/848009/dundeewealth-seeks-shareholder-approval-to-redeem-series-1-preferred-shares http://www.advisor.ca/news/industry-news/dundee-acquisition-completed-shares-to-delist-41477 http://www.marketwired.com/press-release/holliswealth-officially-launches-rebranding-tsx-bns-1846883.htm}}