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DundeeWealth Inc.
Company type
Public
Industry
Financial Services
Founded
1998 (1998)
Defunct
2013 (2013)
Fate
Acquired by Scotiabank
Successor
HollisWealth
Headquarters
Toronto, Ontario, Canada
Revenue
$895 million CAD (2006)
Total assets
$62.7 billion CAD (2007)
Number of employees
1,000
Parent
Dundee Corporation
Website
www.dundeewealth.com
DundeeWealth Inc. was a Canadian financial services company, formerly a public company and subsidiary of Dundee Corporation.
DundeeWealth Inc. and its advisor network were acquired by Scotiabank on February 1, 2011.[1] DundeeWealth Inc. has been renamed HollisWealth Inc. and 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.
In 2017, iA Financial Group acquired HollisWealth from Scotiabank and merged its Investment Industry Regulatory Organization of Canada-regulated arm with iA Securities and it's Mutual Fund Dealers Association of Canada-regulated arm with Investia Financial Services Inc.[2] Post-merger, HollisWealth advisor teams continued to use the HollisWealth brand.
^"Scotiabank Completes Acquisition of DundeeWealth for $2.3 Billion". February 1, 2011. Retrieved May 17, 2018.
^IA completes acquisition of HollisWealth https://www.investmentexecutive.com/news/industry-news/ia-completes-acquisition-of-holliswealth/ Source: Investment Executive August 8, 2017
DundeeWealth Inc. was a Canadian financial services company, formerly a public company and subsidiary of Dundee Corporation. DundeeWealth Inc. and its...
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