IA Clarington Investments Inc. | |
Type: | Private (wholly owned subsidiary of iA Financial Group) |
Industry: | Financial services |
Founded: | 1996 |
Founder: | Terry Stone, Adrian Brouwers and Sal Tino |
Hq Location City: | Toronto, Canada |
Key People: | Catherine Milum, Chief Executive Officer Nancy Cappadocia, Vice-President, Finance & Chief Financial Officer Dolores Di Felice, Vice-President, Chief Legal Counsel |
Products: | Mutual funds, Portfolio solutions Exchange-traded funds Socially responsible investments |
Num Employees: | 200 (as at September 30, 2020) |
Aum: | $17.2 billion (as at December 31, 2022) |
IA Clarington Investments Inc. is an investment management firm catering to the Canadian retail market.[1] A wholly owned subsidiary of iA Financial Group (TSX: IFG), the company sells various products, including mutual funds, portfolios, exchange-traded series of mutual funds, segregated funds and socially responsible investments.[1] Except for its exchange-traded series, iA Clarington products can only be purchased through licensed, third-party financial advisors.[1]
The company was founded in 1996 by Terry Stone, Adrian Brouwers and Sal Tino as Clarington Corporation, and operated principally through its wholly owned subsidiary, ClaringtonFunds Inc.[2] In December 2003, Clarington Corporation went public.[2] In 2005, it was acquired by iA Financial Group,[3] which rebranded the Clarington funds, along with existing Industrial Alliance mandates, under the iA Clarington Investments name.[4]
iA Clarington funds are managed by either in-house portfolio managers or external sub-advisors. The following list[1] is as at January 31, 2023: