Independent. United. Unstoppable.
Richardson Wealth will be joining iA Financial Group, creating Canada’s premier independent wealth management firm. This transformational move preserves our brand, our partnership approach and our entrepreneurial culture while adding the resources of a large, successful Canadian wealth management partner.
Accelerating our growth strategy
This arrangement accomplishes so much for Richardson Wealth – enhanced capabilities, expanded resources, and strengthened market position to benefit our clients, advisors and employees.
What this means for our clients
Same trusted relationships – Continuity with your advisory team and our unwavering commitment to putting your interests first.
Enhanced platform capabilities – Access to broader investment opportunities, institutional-quality research and market insights, and the potential to advance our digital capabilities.
Enhanced financial strength with preserved independence – Support of Canada’s leading non-bank wealth management firm while maintaining your access to the best investment solutions regardless of provider.
Why shareholders should support this transaction
Substantial premium for shareholders – The cash offer of $20.00 per share represents an approximately 102% premium to recent trading levels (30-day VWAP), providing immediate liquidity and delivering significant value that would be difficult to achieve in the public market. This premium reflects the quality of the business that we’ve built together and aligns with industry benchmarks for leading wealth management firms.
Independent fairness assessment – The Board engaged independent financial experts to conduct a comprehensive review of this transaction. Both CIBC and Cormark Securities concluded that the terms are fair to shareholders from a financial perspective.
Unanimous Board recommendation – A Special Committee of independent directors, supported by independent legal and financial advisors, unanimously determined this transaction is fair and in the best interests of all shareholders. Following thorough review and consideration of the same expert advice, the Board of Directors unanimously recommends that shareholders vote in favour of the transaction.
Important documents
Press releases
July 28, 2025
iA Financial Corporation to acquire RF Capital Group Inc. – Strengthening iA’s position in the Canadian independent wealth management space.