Power Financial Corporation (TSX: PWF) is a Canadian multinational diversified management and holding company that was founded in 1984 and has interests, directly or indirectly, in companies in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great-West Lifeco and IGM Financial. Power Financial also has substantial holdings in a diversified group based in Europe, Pargesa Holding SA.
|Traded as||TSX: PWF|
|Headquarters||Montreal, Quebec, Canada|
|Products||Financial services, insurance|
|$1,717 billion (2017)|
|AUM||$843 billion (2017)|
Number of employees
|26,800 employees and 12,200 financial advisors (2017)|
|Parent||Power Corporation of Canada|
In partnership with its subsidiaries Great-West Lifeco and IGM Financial, Power Financial holds an investment in Portag3, an investment fund dedicated primarily to backing innovative financial services companies. Both through Portag3 and directly, Power Financial and IGM Financial also hold interests in Wealthsimple, a technology-driven investment manager.
Power Financial is a subsidiary of Power Corporation of Canada.
Current members of the board of directors of Power Financial are: Marc A. Bibeau, André Desmarais, Paul Desmarais, Jr., Gary Doer, Gérald Frère, Anthony R. Graham, J. David A. Jackson, Susan J. McArthur, R. Jeffrey Orr, T. Thimothy Ryan, Jr., Emöke J.E. Szathmáry, and Siim A. Vanaselja.
- "Power Corporation History".
- "Power Financial 2016 Annual Report" (PDF).
- "Power Financial Corporation | Senior Management". www.powerfinancial.com. Retrieved 2017-08-04.
- "Power Financial Corporation | Board of Directors". www.powerfinancial.com. Retrieved 2017-08-04.