IGM Financial

A leading wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors throughout North America, Europe and Asia.
$8.3
Billion
Market
capitalization
62.1%
Ownership[1]

Financials at a glance

$821
Million
Adjusted net earnings[2][3]
$1.15
Billion
Net earnings[2]
3,600+
Employees across the
IGM family of companies
13.0%
Adjusted return on equity[2][3]
18.2%
Return on equity[2]
1 million+
Clients helped by
3,100+
IG Wealth Management advisors
$240
Billion
Assets under management
and advisement[4]
$389
Billion
Assets under management
and advisement including
strategic investments[4]
30,000+
External advisors serving
1 million+
Mackenzie clients
See footnotes, including notes on non-ifrs financial measures and other measures
  1. Percentage of participating equity securities beneficially owned, or over which control or direction is exercised, directly or indirectly by Power Corporation, as at December 31, 2023. The Corporation held a 62.1% interest in IGM, and an additional 3.9% interest through Great-West Lifeco.
  2. Available to common shareholders.
  3. Adjusted net earnings and adjusted return on equity are identified as non-IFRS financial measures or ratios by IGM. Additional information regarding these measures or ratios, including a reconciliation, is incorporated by reference from and can be found in IGM’s annual MD&A for the year ended December 31, 2023, included in the Corporation’s annual MD&A for the year ended December 31, 2023, available on SEDAR+ at www.sedarplus.ca.
  4. The description of assets under management and advisement and assets under management and advisement including strategic investments for IGM can be found under “Other Measures” in the Review of Financial Performance section of this Annual Report.
IGM Financial

2023 value creation highlights

1

Investment in Rockefeller Capital Management, expanding IGM’s wealth management footprint into the U.S. through an iconic brand in the high- and ultra-high-net-worth space

2

Increased equity interest in ChinaAMC, deepening its participation in the Chinese asset management industry with one of the nation’s leading asset managers

3

IGM’s business streamlined and positioned for future growth, with its segments realigned to focus IGM as a wealth and asset management company

IGM Financial

Brands

Wealth management
Asset management