The “Great Renewal” is coming. Are your clients ready for the mortgage renewal payment shock?

Millions of homeowners locked in super-low rates during the pandemic are about to face a financial reality check. When those terms expire, higher payments could seriously strain their budgets. Are you equipped to guide your clients through this turbulent transition?

We would like to inform you of an amendment recently made to Administrative Procedure # 47A – Using Nominee CCA (Open or TFSA) for a Purchase in a Client-Name Account. More specifically, this procedure was reviewed so that it can now apply to open accounts and nominee TFSAs which hold assets in the plans, whereas before this procedure was reserved for accounts opened for cash account purposes only.

We would like to remind you that a new self-serve reporting tool is available on the Investia Advisor Centre. Launched on the week of August 12, 2024 (ref. August 1, 2024 communication), this tool enables you to generate useful reports for your practice, including the “Advisor Service Fee Invoice” report, which was made available upon launch.

As a follow-up to the June 27, 2024 communication, we remind you that effective August 28, 2024, Head Office will no longer manually adjust your clients’ AWDs in the event of insufficient funds. This applies to the payment cycle of September 5, 2024 as well as all subsequent AWDs.

To promote digital adoption, we would like to remind you that a contest was launched on August 7 to give clients the chance to win $1,000 by simply logging in to the Investia Client Portal or app. An amount of $1,000 in cash will be drawn each month until December among every client who logs in at least once during the month.

As a follow-up to the June 27, 2024 communication, please be reminded that effective August 28, 2024, Head Office will no longer manually adjust your clients’ AWDs in the event of insufficient funds. This applies to the payment cycle of September 5, 2024 as well as all subsequent AWDs.

As a follow-up to the July 25, 2024 communication, we would like to remind you that the trade settlement cycle changed from T+2 to T+1 effective May 27, 2024.

We are pleased to inform you that a new client marketing document has been made available: the Investia Corporate Profile. This 4-page promotional document provides a high-level overview of Investia and the services we offer as dealer which set us apart in terms of client experience. 

Following the August 1, 2024 communication, we are pleased to inform you that our client contest was launched yesterday, Wednesday, August 7. To promote digital adoption, this contest will give your clients the chance to win $1,000 for logging on to the Investia Client Portal or Mobile App. All they have to do is log on to the portal or app! $1,000 will be awarded each month until the contest ends on December 31, 2024. 

We are thrilled to announce that a brand-new self-serve reporting solution is on the horizon! Starting the week of August 12, 2024, the Advisor Service Fee Invoice report will be the first report available to you through the Advisor Centre. As we continue to fine-tune the new tool, additional reports will be made available to you. Stay tuned via the weekly The 360 Newsletter for updates.