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 subsidiary 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 Dealers Association (IDA)
Our full-service brokerage division, Wellington West Capital Inc., and our capital markets division, Wellington West Capital Markets Inc., are members of the Investment Dealer's Association. As Canada’s national self-regulatory organization for the securities industry, the IDA regulates the activities of investment dealers in terms of both their capital adequacy and conduct of business. 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 IDA, and be subject to ongoing supervision. For more information, visit www.ida.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.