Concentra announces a partnership with Desjardins to help provide estate and trust solutions to the members of Ontario Caisses Populaires.
“This is a strategic partnership to enhance access and delivery of key wealth management services to members of the Desjardins network,” says Pina Melchionna, Executive Vice-President, Concentra. “Caisse members in Ontario will now have access to estate and trust services.”
Trust services, including estate and trust planning, are a key component of wealth management. The estate and trust planning dialogue offers a pivotal opportunity to deepen relationships with members, and provide additional value-added services. A comprehensive and integrated wealth management model is a competitive advantage within the financial services industry.
“Concentra and Desjardins Group share a common goal to promote and strengthen the success and sustainability of the co-operative financial network in Canada,” adds Melchionna. “It’s a win-win partnership.”
Estate and trust services are provided by Concentra Trust, a wholly-owned subsidiary of Concentra and leading provider of estate and trust solutions to the credit union and co-operative system for over 60 years. Concentra Trust is recognized for personal and specialized service and its ability to work with estates and trusts of all sizes and complexities.
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Concentra is a federally-regulated financial institution with over $33 billion in assets under administration including over $7 billion in on-balance sheet assets. Operating with a broad set of federal powers including access to national markets, Concentra delivers wholesale and trust solutions to credit unions across Canada.
Concentra stands strong behind credit unions delivering national solutions and market expertise that improve their financial performance, diversify risk and meet member needs. Currently serving over 85% of Canada’s credit unions, Concentra continues to expand its reach as Canada’s primary national credit union solutions provider.