IGM Financial Hits Record $343B AUM as Net Flows Surge
Event summary
- IGM Financial reported record AUM&A of $343.3B as of June 30, 2026, up 20.9% YoY.
- Total consolidated net inflows reached $609M in June 2026, with IG Wealth Management contributing $287M and Mackenzie Investments $322M.
- IG Wealth Management's assets under advisement grew to $176.6B, while Mackenzie Investments managed $268.8B in AUM.
The big picture
IGM Financial's record AUM&A reflects strong demand for wealth management services in Canada. The company's diversified approach, combining retail distribution through IG Wealth Management with institutional asset management via Mackenzie Investments, positions it well to capitalize on long-term trends in financial planning and investment advisory services.
What we're watching
- Sustainability of Inflows
- Whether IGM can maintain strong net inflows amid market volatility and competitive pressures.
- Segment Growth Dynamics
- How IG Wealth Management and Mackenzie Investments will balance growth between retail and institutional clients.
- Strategic Partnerships
- The impact of IGM's investments in Rockefeller Capital Management, Wealthsimple, ChinaAMC, and Northleaf Capital on its long-term strategy.
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