MONTREAL, Nov. 2, 2017 /CNW Telbec/ - National Bank Correspondent Network is pleased to announce that it is changing its brand name to National Bank Independent Network. Impelled by the strength of the National Bank team, National Bank Independent Network will remain committed to offer independent wealth management firms an integrated suite of premium products and services.
- The Canadian independent market continues to evolve and offer additional choices to Canadian Investors. The National Bank Independent Network brand change, effective November 1, 2017, better reflects the expanded clientele serviced by this channel.
- National Bank Independent Network supports over 400 independent financial services firms, including Introducing Brokers, Portfolio Managers and Investment Fund Managers who have a combined total of over $160 billion in assets under administration.
"At National Bank Independent Network, we have over 200 dedicated professionals to support independent firms with our industry-leading products and services. The investors that make the choice to work with an independent money manager or advisor will know their assets are safe and secure at National Bank. We are very excited about our new trademark, and our continued support of the independent network across Canada", says Patrick Primerano, President & CEO of National Bank Independent Network.
About National Bank Independent Network
National Bank Independent Network (NBIN) is Canada's leading provider of custody, trade execution, and brokerage solutions to independent Wealth Management firms. NBIN is a division of National Bank Financial Inc. (NBF Inc.), a wholly-owned subsidiary of National Bank of Canada (NBC). The National Bank Independent Network trademark is owned by NBC and used under license by NBF Inc.
About National Bank of Canada
With $240 billion in assets as at July 31, 2017, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. The Bank has more than 21,000 employees and is widely recognized as a top employer. The Bank's securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.
SOURCE National Bank of Canada
For further information: Catherine Deshaies, Senior Advisor - Public Affairs, National Bank, 514-412-1320