November 8, 2018 09:30
Photo : Freepik
Excel private management, a subsidiary of financial Group, Horizons, has launched a platform of Exchange traded funds (ETFS) to its representatives attached to them. Available since 19 September last year, the platform allows us to offer the ETFS of most issuers, including those of BMO global asset Management and Vanguard.
Normand Morin, executive director Excel private wealth management, explains that the firm wanted to diversify its offer in order to face the competition of the market. “The key to an mfd is more than ever to offer a wide range of investment products to meet the needs of the clients of our representatives, and to design financial strategies profitable. And the ETF with a model of compensation-based fees, the management fees are generally lower and transparent, and a great tax efficiency really represent a whole new opportunity of development for our representatives. “
“We are really excited to finally be able to offer ETFS to our representatives, and ETF of very high quality. Popular products and companies that have proven themselves on the market and that meet the needs of a broad segment of investors, ” said James McMahon, president of Excel management, private and president of the Quebec region, the Group’s Financial Horizons.