IGM Financial Inc. is one of Canada's largest diversified wealth and asset management firms, serving both retail and institutional clients. The company operates through two primary segments: Wealth Management and Asset Management. The Wealth Management segment, anchored by IG Wealth Management, provides comprehensive financial planning, investment advice, insurance, and mortgage services to Canadian households through a vast network of advisors. The Asset Management segment operates through Mackenzie Investments, which offers investment management services to a suite of mutual funds, exchange-traded funds (ETFs), and institutional mandates distributed through third-party dealers and financial advisors. Additionally, IGM Financial maintains a Strategic Investments and Other segment, which includes significant stakes in high-growth financial technology and advisory firms such as Wealthsimple and Rockefeller Capital Management. The company generates revenue primarily from management fees, advisory fees, and distribution fees based on its assets under management and advisement (AUM&A). As a subsidiary of Power Corporation of Canada, IGM Financial leverages its scale, extensive distribution network, and strategic partnerships to maintain a strong competitive position in the Canadian financial services market.
