The accounts of all clients of ModernAdvisor are held at Credential Qtrade Securities Inc. (“Credential”) or CI Investment Services Inc. ("CIIS"). Credential is part of the Aviso Wealth group of companies. CIIS is a wholly owned subsidiary of CI Financial Corp.
Many investment dealers and credit unions use our custodians to hold their clients’ investment accounts, execute trades, provide tax reporting and other back-office account administration. Both of our custodians are members of the Investment Industry Regulatory Organization of Canada IIROC and the Canadian Investor Protection Fund CIPF