IGM Financial

IGM Financial is a leading Canadian wealth and asset management company based in Winnipeg, Manitoba, providing investment management, financial planning, insurance, and banking products through its subsidiaries, IG Wealth Management and Mackenzie Investments. The company manages over $262 billion in total assets under management and employs 3,300 individuals. IG Wealth Management reported $140.4 billion in assets under advisement, including $14.6 billion in gross client inflows. James O’Sullivan serves as President and CEO, with Damon Murchison appointed to succeed him in February 2026; Luke Gould leads Mackenzie Investments. IGM Financial achieved a 40.9% total shareholder return in 2025, with origins in Investors Group (1926) and Mackenzie Investments (1967). Its business model centers on operates as a publicly traded company generating revenue from asset management fees, administrative services, and product sales, subsidiary of Power Financial Corporation, with Power Corporation of Canada and Great-West Lifeco holding significant ownership.