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The latest update is out from Great-West Lifeco ( (TSE:GWO) ).
Investment Planning Counsel Inc. (IPC), a subsidiary of Canada Life, has announced its acquisition of the wealth assets of De Thomas Wealth Management Corp. This strategic move aims to reinforce IPC’s vision of becoming a leading destination for entrepreneurial advisors by providing enhanced tools, platforms, and support. The acquisition is expected to foster deeper relationships between advisors and clients, allowing for business growth and value capture. The transaction, anticipated to complete by the end of Q3 2025, will enable De Thomas advisors to maintain their independence while benefiting from IPC’s resources, marking a collaborative effort that honors the strengths and legacy of both organizations.
The most recent analyst rating on (TSE:GWO) stock is a Hold with a C$54.00 price target. To see the full list of analyst forecasts on Great-West Lifeco stock, see the TSE:GWO Stock Forecast page.
Spark’s Take on TSE:GWO Stock
According to Spark, TipRanks’ AI Analyst, TSE:GWO is a Outperform.
Great-West Lifeco’s strong financial performance and attractive valuation are the primary drivers of the stock’s score. Despite some technical indicators suggesting neutral trends, positive earnings call insights and supportive corporate events bolster the overall outlook.
To see Spark’s full report on TSE:GWO stock, click here.
More about Great-West Lifeco
Canada Life is a prominent insurance, wealth management, and benefits provider in Canada, serving over 14 million customer relationships. It is a subsidiary of Great-West Lifeco Inc. and part of the Power Corporation of Canada group. Investment Planning Counsel Inc. (IPC), a subsidiary of Canada Life, is an integrated wealth management company with $36.9 billion in assets under administration, supporting advisors in delivering client-focused advice. De Thomas Wealth Management, founded in 1987, is an independent firm with over $2.7 billion in assets, offering client-focused wealth management services across Canada.
Average Trading Volume: 3,169,152
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$48.27B
For an in-depth examination of GWO stock, go to TipRanks’ Overview page.