The Assante Difference
Langille Wealth Partners have been working together for over 25 years, with locations in Bedford, Bridgewater, Moncton and Windsor. Our team of Senior Wealth Advisors, their Associates and Administration staff have a strong sense of family values and it shows, not only in our office environment but in the number of families that rely on us for advice in their financial well being.
Our client relationships start off with a discovery meeting where you tell us about yourself, your family, your financial needs and wants. Our forte is getting to know you. Once that discovery meeting has taken place, we like to cover the whole scope of your investment scenario, including all Registered and Non-Registered products, TFSA, Tax Planning, Insurance, Wills, Powers of Attorney and even helping you with your credit requirements.
We have a team of professionals from the Wealth Planning Group, a division of CI Private Counsel LP., who can work with us and you to ensure you are receiving the most accurate information and planning strategies to maximize your success. These professionals provide expertise in the insurance field, corporate tax structure, wealth management solutions and estate planning topics.
In reviewing what you currently have, together with the professional team from the Wealth Planning Group, we can give you a plan that will carry you into your retirement years. We take complicated situations and make them simple, so that you understand exactly what you have and where you want to be in the future.
One of the greatest satisfactions we have in our profession is seeing our clients reach their financial goals and see them enjoying their retirement years with peace of mind.
By guiding our clients to reach their goals and dreams, they have given us referrals, which is one of the highest rewards and compliments you can receive in our business.
The Advantages Are Clear
You can feel secure knowing that your financial needs are in the hands of an Assante advisor. On average, Assante advisors administer almost twice the assets of advisors at other major independent firms. That’s a powerful indication of our proficiency and the trust we have from our clients.
With access to a wealth of tools and resources, our advisors and their clients are supported by the exceptional Investment Management Team and Wealth Planning Group available through our parent company, CI Investments Inc., and Assante Private Client, a division of CI Private Counsel LP.
Our core values of integrity, passion and professionalism drive our business. It’s through our all-encompassing approach, which offers a comprehensive and integrated range of services and advice that enables our advisors to partner with clients to tailor a strategy that meets their unique needs while simplifying and enhancing their financial well-being.
To find out more about Assante Wealth Management, please visit our public website.
Protecting your Assets
At Assante Wealth Management, ensuring the security of assets entrusted to us by clients is a key priority. It goes hand in hand with our mission – to help create wealth and prosperity for Canadian families.
In partnership with our professional advisors, who are among the most highly respected and accredited in the country, we are pleased to outline here four key safeguards that are in place to protect your assets: our strong corporate backing, the security safekeeping measures we follow, our adherence to strict industry standards and industry-wide investor protection.
Assante Wealth Management
Strong corporate backing
The first level of client protection is provided by our comprehensive governance processes and the substantial financial resources of Assante Wealth Management’s parent company, CI Financial Corp. Assante’s legal and compliance personnel keep senior management, as well as CI Financial’s board of directors, aware of legal, regulatory and compliance matters on a continuous basis. In addition, CI Financial’s Internal Audit Department plays an integral role by reviewing and testing the processes and internal controls of Assante to ensure they are meeting regulatory requirements.
CI Financial is listed on the Toronto Stock Exchange under the symbol “CIX” and is a component of the S&P/TSX Composite Index. CI Financial’s status as a publicly traded company provides additional transparency and accountability through continuous financial disclosure obligations.
CI Financial, Canada’s third largest investment fund company, is financially strong. To see CI Financial’s most recent annual and quarterly reports and other related investor information, click here.
Security safekeeping measures
Assante is required by regulators to maintain adequate capital to cover our business risks, keep comprehensive and accurate records and employ appropriate securities handling procedures. Most securities owned by our clients are held through central industry-wide electronic or book-based systems. In this approach, investments are tracked using independent service providers, including FundSERV, in the case of mutual funds, and the Canadian Depository for Securities for most equity securities. In situations where fully paid up securities are physically held by us, they are kept separate from any securities related to our corporate investing activities and are subject to regulatory audit on an annual basis. This safeguard helps to ensure that clients investments are not subject to any risks related to their dealer’s business activities and are adequately segregated for the benefit of clients. Custodial services for all securities held in client accounts, other than mutual funds, are provided through the National Bank Correspondent Network, which is owned by the National Bank of Canada. The provision of security record-keeping and custody by independent service providers results in multiple parties being involved in transactions in client accounts. The benefit to clients is additional oversight of the firm’s procedures to ensure all assets are accounted for accurately.
Strict industry standards
Assante’s dealer subsidiaries, Assante Capital Management Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC), and Assante Financial Management Ltd., a member of the Mutual Fund Dealers Association of Canada (MFDA), are subject to the oversight of the provincial securities commissions. Both Assante Capital Management and Assante Financial Management are required to adhere to regulations governing investor protection, fiduciary responsibilities and stringent record-keeping. These requirements are monitored by IIROC and the MFDA, respectively, through independent audits conducted regularly by external auditors and by examiners or the regulators. IIROC and MFDA undertake business conduct examinations that include the assessment of marketing materials, trades, disclosures on client statements, and branch operations, as well as financial compliance audits that include a detailed review of the firm’s financial and custodial procedures and adherence with regulatory policies. In addition, every financial advisor at Assante is subject to regulatory oversight. For every fiduciary relationship you have, we would encourage you to check with the applicable regulator to ensure the firm is registered and in good standing.
Although Assante clients’ assets are segregated from the dealer’s assets, additional security is provided to our clients through industry investor protection plans that will reimburse investors, within predefined limits, if their dealer becomes insolvent or bankrupt and their assets are missing as a result. The Canadian Investor Protection Fund reimburses clients of securities dealers up to a maximum loss of $1 million by account type (i.e. separate coverage for open accounts and registered accounts). The MFDA Investor Protection Corporation provides similar protection for clients of mutual fund dealers.
For more information
To find out more about how your assets are protected, we encourage you to visit these online sources: