DundeeWealth Management becomes HollisWealth

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Moncton, NB - DundeeWealth Inc. and its advisor network were acquired by Scotiabank on February 1, 2011.  At that time, The Bank and Dundee Corporation entered into several agreements regarding the trademarks used by the businesses. One of these agreements licensed the use of the DundeeWealth trademark to Scotiabank for three years. This license expires on February 1, 2014.
 
As of November 1, 2013, the HollisWealth brand will represent more than 900 independent financial advisors. The name HollisWealth is derived from the location of Scotiabank's historic head office building which was constructed more than 175 years ago, in 1837, at 188 Hollis Street in Halifax, Nova Scotia.
 
"Our name and brand may be changing, but our fundamental character is not. Our independent advisor channel is an important component of our overall wealth management strategy in Canada. We've seen great organizational growth over the past year and under our new name we remain committed to providing the necessary tools and support to help our advisors continue to deliver superior holistic financial planning and advisory services to clients," adds Jalasjaa.
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