Safety and Stability
At Wellington West, clients have the assurance of safe and sound asset protection.
National Bank Correspondent Network (NBCN)
NBCN Inc. is a division of National Bank Financial. Both NBCN Inc. and National Bank Financial are part of the National Bank of Canada Group, Canada’s sixth largest bank. As custodian to our full-service brokerage division, Wellington West Capital Inc., NBCN Inc. is subject to a variety of regulatory controls and ongoing reviews to ensure the safeguarding of your assets. For more information, visit www.nbcn.ca.
Canadian Investor Protection Fund (CIPF)
Our full-service brokerage division, Wellington West Capital Inc., and our capital markets division, Wellington West Capital Markets Inc., are members of the Canadian Investor Protection Fund. CIPF is an organization that provides clients of member institutions with limited asset protection in the case of a member firm’s insolvency. A limit has been placed by CIPF on the coverage provided for a customer’s General Account, and each Separate Account after combination with other Separate Accounts (subject to eligibility) equal to $1 million on assets which may include cash, securities, and certain other investments. For more information, visit www.cipf.ca.
Investment Industry Regulatory Organization of Canada (IIROC)
Our full-service brokerage division, Wellington West Capital Inc., and our capital markets division, Wellington West Capital Markets Inc., are members of the Investment Industry Regulatory Organization of Canada. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets. To qualify as a member firm, an organization must meet stringent capital requirements, demonstrate an ability and willingness to conduct its business in a manner consistent with the by-laws, rules and regulations of the IIROC, and be subject to ongoing supervision. For more information, visit www.iiroc.ca.
Mutual Fund Dealers' Association (MFDA)
Our financial planning division, Wellington West Financial Services Inc., is a member of the Mutual Fund Dealers’ Association. The MFDA regulates the operations, standards of practice and business conduct of its Members and their representatives with a mandate to enhance investor protection and strengthen public confidence in the Canadian mutual fund industry. For more information, visit www.mfda.ca.