Scotiabank Embarks on New Era in Brokerage Business with i:PARTNER
The launch of this dynamic new service combines expert advice with online trading and banking
access.
See the official ScotiaMcLeod
page for more details.
Run through the Demo.
Contact
us for more information, or just get ScotiaMcLeod
Online Account access without online trading or fees.
i:PARTNER Press Release
TORONTO, Sept. 6 2000/CNW/ - The Scotiabank Group announced today that it has
created i:PARTNER, an innovative brokerage product combining the expertise of
a ScotiaMcLeod Investment Executive with access to the online world of trading
and research. This new product will be launched this fall following a
successful pilot now underway with clients and employees.
"i:PARTNER marks a new era in the brokerage business by giving investors
what they have asked for: the right information and more choice than ever
before," said Rob Pitfield, Scotiabank Executive Vice-President, Wealth
Management. "Developed in just over six months using feedback from our
clients, i:PARTNER will offer a new first class full service brokerage product
-- offering the trusted expertise of a ScotiaMcLeod Investment Executive plus
access to online trading and research. It brings together the best of both
worlds by matching personalized advice with online convenience."
i:PARTNER will provide clients with:
1. the ultimate in investment advice with more choice for executing
trades. Clients will continue to have access to valuable advice from
a ScotiaMcLeod Investment Executive, but they can now choose whether
they want to trade through their advisor, online or through automated
telephone service;
2. a seamless link between their brokerage and Scotiabank bank accounts
and online and telephone access to account information;
3. online access to market data and analysis as well as leading,
proprietary and third party research. The proprietary research
available online with i:PARTNER includes recommendations from 25
Scotia Capital analysts on approximately 400 Canadian publicly listed
companies (covering all 14 TSE sectors), as well as guidance on
interest rates, currencies, and commodity prices;
4. a client-focused pricing model designed for clients with investments
of $75,000 and above. This new and innovative structure features a
fee tiered by asset class and a highly competitive cost per
transaction depending on how clients elect to trade.
"The i:PARTNER structure is based on extensive research from both our
full service and online clients," said James Werry, Managing Director,
ScotiaMcLeod. "Clients told us they were ready for a new type of investment
solution where they have the best of both worlds: trusted advice from their
Investment Executive when they need it and the opportunity to do their own
trades. Their insight shaped the design of i:PARTNER -- a revolutionary
service that takes investing to the next level."
Scotiabank is one of North America's premier financial institutions, with
more than C$243 billion in assets and approximately 41,000 employees
worldwide. It is also Canada's most international bank, with more than 1,700
branches and offices in over 50 countries on six continents. Scotiabank is on
the World Wide Web at www.scotiabank.ca. ScotiaMcLeod is part of Scotiabank's
Wealth Management division and is one of Canada's leading full-service
investment dealers, with C$43 billion in assets under management and over 80
branches across the country. Visit us at www.scotiamcleod.com.
|
