TORONTO, Jan. 13, 2014 /CNW Telbec/ - B2B Bank and Bridgehouse Asset Managers (Bridgehouse) have signed agreements for the distribution of investment and RSP loans. Under the terms of these agreements, B2B Bank RSP and investment loan proceeds will be provided to Canadian investors who purchase eligible Bridgehouse Funds through licensed financial advisors.
"It is with great pleasure that we add Bridgehouse to our increasing list of Distribution Alliances," says Moe Forget, Senior Vice President, Marketing and Distribution at B2B Bank. "Teaming up with Bridgehouse illustrates our commitment to providing broader investment options to both advisors and their clients."
With a long-standing history of investment lending experience and a loan portfolio in the billions, B2B Bank is well-known among the financial advisor community for its comprehensive suite of investment lending products and solutions. B2B Bank provides investment and RSP loan options to advisors and agents in the mutual fund and insurance sectors, as well as through dealers and managing general agencies.
"B2B Bank's focus on the advisor channel is one that aligns well with our own business model," says Carol Lynde, President and COO, Bridgehouse. "Adding their loan programs to the products and services we offer provides a complementary solution to helping investors succeed."
The loan programs are available beginning January 13, 2014.
About Bridgehouse Asset Managers
Bridgehouse Asset Managers, a trade name of Brandes Investment Partners & Co., offers tried-and-true investment solutions to Canadians, leveraging the expertise of three world-class investment managers. In everything we do, we consider our clients. We are committed to partnering with investment professionals to help Canadians reach their financial goals and become smarter investors.
We are defined by our:
- Independence in ownership and thinking, which enables us to truly align with clients' goals, and do the right thing for client portfolios and businesses—today and tomorrow.
- Dedication to advancing investor knowledge, demonstrated through our commitment to developing investor knowledge initiatives that help Canadians make informed decisions.
- Commitment to our community, dedicating time and financial support to charities that positively impact the lives of Canadians and make a real difference in our community.
About B2B Bank
B2B Bank is a leading provider of banking products to more than 27,000 financial advisors and brokers across Canada. Through the professional advisor and broker channels, it offers a broad range of products and services to consumers including: investment and RSP loans, mortgages, GICs, banking services, and investment accounts and services through B2B Bank Dealer Services. B2B Bank has been proudly dedicated to serving the needs of its clients for more than a decade, and it continues to provide innovative products and solutions that help advisors and brokers build rewarding relationships with their clients.
B2B Bank is a Schedule I bank with more than $13 billion in consumer deposits, $9.2 billion in loans and mortgages, and $28.7 billion in assets under administration. B2B Bank is a member of industry associations serving the financial community and is also a member of the Canada Deposit Insurance Corporation (CDIC). For more information please visit b2bbank.com.
SOURCE: B2B Bank
For further information:
Matt Brundage, CFA
VP Marketing, Bridgehouse Asset Managers
Public Relations Advisor
B2B Bank / Laurentian Bank
1 855 707-0888