The asset manager has partnered with digital mortgage platform nesto
IG Wealth Management aims to boost its mortgage business with a new strategic agreement with nesto.
The asset manager’s partnership with the digital mortgage platform will enable it to offer white label mortgage services to IG clients across Canada through a cloud-based solution.
IGM Financial has made an equity investment in nesto and IG Wealth Mansgement’s president and CEO, Damon Murchison has joined nesto's board of directors.
"Through this exciting partnership, IG Advisors will be equipped with new innovative tools and digital capabilities to provide our clients with a best-in-breed mortgage experience," said Murchison. "We look forward to further elevating the way in which we work with our clients through our collaboration with nesto and expect to realize enhanced efficiencies and growing profitability."
Empowering clients
The nesto platform will enable IG’s advisors to offer clients mortgages through an online application process with quick turnaround times, live tracking and regular status updates, and dynamic tools such as the ability to upload mortgage documents using a mobile device.
IG Wealth Management and nesto will begin offering the newly integrated mortgage services on nesto Mortgage Cloud solution in February 2023.
"We're thrilled to be working with nesto and share their commitment to provide Canadians with positive and empowering property financing solutions,” said Alana Riley, IG's Head of Mortgage, Insurance & Banking. “Our team is looking forward to leveraging their technology, processes, and talent to enhance our mortgage and credit services and provide a mortgage platform that fully integrates into our clients' financial plans."
