Office address: 44 King St West, Toronto ON M5H 1H1 (Scotiabank head office)
Website: https://www.scotiawealthmanagement.com/
Year established: 1832 (parent company Scotiabank)
Company type: wealth management, financial services
Employees: 90,000 (parent company Scotiabank)
Expertise: wealth management
Parent company: Scotiabank
CEO and key people: Jacqui Allard, Group Head for Global Wealth Management
Financing status: -
Scotia Wealth Management offers a diverse suite of wealth management solutions especially for high-net-worth individuals and families. It is the wealth management arm of Scotiabank, one of Canada’s most established financial institutions.
Scotia Wealth Management, part of the Scotiabank group, has established itself as a comprehensive provider of investment and wealth solution services. The division includes ScotiaMcLeod®, Private Investment Counsel, Private Banking, Scotiatrust®, Total Wealth Planning, and other wealth solutions.
Its parent company was formed in Halifax by a group of businessmen to fill the need for a public bank. It was called the Bank of Nova Scotia when it was launched in 1832; it expanded rapidly in the years that followed. In 1961, the bank used the name Scotiabank and somehow, that monicker has stuck. The bank’s official name is still the Bank of Nova Scotia.
Some of Scotia Wealth Management’s diverse products and services include:
Scotia Wealth Management, under the umbrella of Scotiabank, fosters an inclusive and high-performing culture. The bank invests in building leaders and creating an environment where employees are encouraged to bring their whole selves to work. Diversity and inclusion are key pillars, with Employee Resource Groups (ERGs) fostering a culture of inclusion.
Jacqui Allard joined Scotia Wealth Management in September 2023 and assumed the role of Group Head shortly afterwards.
Allard brings extensive experience from her tenure at the Royal Bank of Canada, Manulife, and other financial institutions. Recognized as one of “Canada’s Top 100 Most Powerful Women,” she plays a pivotal role in leading Global Wealth Management’s business and strategy.
Aside from her role at Scotia Wealth Management, Allard is also a volunteer with the CAMH Foundation, which advocates for mental health research.
Scotia Wealth Management, with its innovative and comprehensive approach, is on track continued growth in the global financial scene. Its commitment to personalized wealth management solutions, combined with Scotiabank's global reach and resources, positions it well to meet the future needs of its diverse clientele.
VP, strategic cultural segments, explains how partnering with an Indian bank can give Scotia advisors better access to a growing market
Scotia exec tells Wealth Professional the deal accelerates strategy for cultural market expansion
The firm has bolstered its executive committee with new EVPs
Richardson Wealth adds a new team led by Ben Troiani
WPC’s Top 50 Leading Women in Wealth 2023 showcases female advisors who have stood as trusted partners for their clients and led by example across the industry
Charitable sector is begging for change and trusted professionals can play their part
New head of wealth management in Canada comes in with record of industry leadership and business education
Executive to take up new position at the bank’s Global Family Office Group
Scott Hudson has more than 25 years of experience in the wealth management industry
From professional sportsman to financial advisor: how one professional is using his experience to help peers
