The bank brokerage unit of Sun Life Financial Inc. has signed an agreement with ADP Brokerage Services to provide mutual fund back-office services.
Don’t forget you can visit MyAlerts to manage your alerts at any time.
IFMG Securities Inc., New York, a subsidiary of the U.S. division of Sun Life Financial, Toronto, provides investment and insurance products to banks and credit unions. ADP, a division of Automatic Data Processing Inc., will provide processing technology for IFMG’s automated fund account opening and approval system, provide compliance reporting, track investment suitability and monitor churning of mutual funds.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.