Delay in Provisus Fund Services financial statement delivery
July 2020
Due to reduced staffing during the Coronavirus lockdown, Provisus Fund Services Corporation will be relying on OSC Order 81-505 with respect to the extension of the delivery requirement under section 2.2 of NI 81-106. As such, the financial statements for the year ending March 31, 2020 will be delivered after...
PTFs: Where are they now? – Investment Executive
May 2019
Over the past three years, platform-traded funds (PTFs) have demonstrated that they are a viable alternative for processing transactions in mutual funds as well as other managed investments. The second-most active issuer is Toronto-based Provisus Wealth Management Ltd., which in February launched nine PTFs. Compared with traditional back-office platforms, PTFs...
NEO Connect Welcomes Nine PTFs from Provisus – Financial Post
February 2019
NEO Connect, is pleased to announce that Series PTF of nine offering memorandum funds from Provisus Wealth Management (“Provisus”) are now available on NEO Connect. Provisus is the sixth company to distribute products on NEO Connect, which has allowed fund providers to raise close to $700 million in assets to...
Why value means beating the benchmark
August 2018
Proving value is becoming increasingly important for advisors – and beating the benchmark remains a top calling card.
Baby boomers are last to the ETF party – what gives?
April 2018
Chris Ambridge, president and chief investment officer at Provisus Wealth Management in Toronto, isn't surprised it has taken boomers a little longer to get into ETFs.
Running in Quicksand
March 2018
Advisors must be able to recognize today’s challenges and opportunities and work at realigning their practice.
Robo-advisor irony is “quite laughable”
February 2018
Robo-advisors may appeal to the younger generation but most people still want the comfort of a human expert to lead them through the nuances of investing.
Will new disclosure rules lead advisers to finally abandon segregated funds?
February 2018
What an investor ends up with in segregated funds is a portfolio with higher-than-normal fees, marginal performance and features they may not really need. The peace of mind of seg funds comes with a cost, but has that cost become too high? As exchange-traded funds and pay-for-performance pooled funds gain...
Seg funds targeted
February 2018
Although insurance advisors may have a more difficult time selling segregated funds as regulators move to harmonize the disclosure regime of seg funds with that of mutual funds, investors will benefit from the shift toward greater transparency.
Why advisors should brace themselves for CRM3
February 2018
Chris Ambridge, president and chief investment officer at Provisus Wealth Management, said that while, for many, the change has been painful, advisors must accept that this age of regulation is here to stay.