IGM Financial Inc

TSX:IGM

IGM Financial is a Canadian financial services company focused on wealth management and asset management. It helps individuals and families invest, save, and plan for retirement through advice-based wealth services and through investment funds and portfolio products. Its main brands include IG Wealth Management and Mackenzie Investments, which serve different parts of the investing market. The company makes money mainly by charging fees on the assets it manages and by earning revenue from financial advice and related services. Its customers include retail investors, high-net-worth families, financial advisors, and in some cases institutions that buy or use its investment products. In practice, IGM sits in the middle of the investment chain: it gathers client assets, manages them, and distributes those products through advisor networks and other channels. What makes IGM’s business model distinct is its mix of advice-led wealth management and in-house fund management. That gives it two ways to serve clients: personal planning and portfolio construction on one side, and investment products and asset management on the other. This combination makes IGM less like a bank and more like a specialized manager of client capital and long-term savings.