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Kevin Press

Verified
Canada
As seen in: Advisor.ca, Investment Executive (IE), The Moderns, Gnet Radio, Exclaim!, All About Jazz
Editorial Director of Investment Executive and Advisor.ca

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Articles

Wealthsimple’s Monthly Millionaire raises the asset consolidation stakes

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By Kevin Press Verified
| Investment Executive (IE) Verified
Fintech giant Wealthsimple found inspiration for its Monthly Millionaire program overseas, in a 70-year-old British savings program that offers prizes to encourage people to save. Premium Bonds don’t pay interest. Instead, every £1 held gets a bond number in a monthly prize draw. Prizes range from £25 to £1 million. Bond holders can withdraw their money without penalty, effectively trading guaranteed interest for a chance to win. Wealthsimple’s version launched in May.
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How firms involve advisors in software decisions

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By Jonathan Got Verified, Noushin Ziafati Verified, Kevin Press Verified
| Advisor.ca Verified
istock/laddawan punna Advisors want software to be as easy as ordering a ride or meal delivery, industry experts say. To close the gap between advisor expectations and technology limitations, firms need to listen to advisor needs, involve advisors in software decisions and set clear rules for using external AI tools. “They’re not just looking at the tools that IG has versus a Big Six banking application,” Brent Allen, head of sales and distribution at IG said.
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Why do so many young investors love alts?

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By Kevin Press Verified
| Investment Executive (IE) Verified
The response to our alternative investments event at Vantage Venues on Tuesday has been strong. In-person attendance is sold out, but registration remains open for the livestream. Participation will earn attendees up to four continuing education credits. I met with Rob Grein, CEO of PMG Intelligence this week to talk about his keynote talk — Even Greater Expectations: Understanding Canadian market engagement with alternative investments. PMG is a market research consultancy Grein launched in 1993.
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