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Wellington-Altus launches subsidiary for Canadian investors in collaboration with BlackRock
Investors - OCTOBER 3, 2024

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Wellington-Altus launches subsidiary for Canadian investors in collaboration with BlackRock

by Kali Persall

Wellington-Altus Financial, the parent company to Canada’s top-rated investment dealer, Wellington-Altus Private Wealth, has established a new wholly owned subsidiary for Canadian advisers.

The subsidiary, Independent Advisor Solutions, launched with an exclusive suite of five global institutional-quality investment funds subadvised by BlackRock. These funds, collectively named MiBLOX, were explicitly designed as building blocks to help portfolio managers diversify their existing model portfolios globally and enhance their clients’ expected risk-adjusted returns.

“This strategic collaboration will expand access to a range of targeted exposures across public and private asset classes to help Canadian advisers support their clients’ investment objectives and desired outcomes,” said Marcia Moffat, country head of Canada for BlackRock. “We are focused on bringing solutions to the Canadian wealth market that enable financial advisers to invest over the long term

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