Financial planning for Canadian business owners receives an upgrade as IG Wealth Management collaborates with interVal.
IG Wealth Management has announced a strategic partnership with Canadian company interVal, a leader in insights automation for small and medium-sized enterprises (SMEs). This collaboration aims to help business owners measure the value of their businesses and identify growth opportunities.
Through this partnership, IG advisors will have access to interVal's industry-leading software platform. The integration of interVal's platform enhances the ability of IG advisors to assist business clients with wealth creation, management, and protection.
The interVal platform provides an accurate business valuation and tools to analyze factors affecting a business's value. It uncovers information about a business's excess working capital, serviceable debt, and investable assets. This information allows IG advisors to offer proactive and strategic guidance on investment, cash management, credit, and insurance solutions for businesses and their owners.
The partnership also reinforces IG Wealth Management's commitment to serving business owners and helping them build better financial futures. Trevor Greenway, CEO and Co-Founder of interVal, emphasized the company's focus on equipping business owners with insights for growth and decision-making. He said, "Our software platform delivers a comprehensive business valuation and key business health metrics."
Damon Murchison, President and CEO of IG Wealth Management, stated that the collaboration aims to deliver high-value insights and advice to clients. He added, "The combination of interVal's innovative platform and IG advisors' expertise enables business owners to strategically enhance their business value."
InterVal's software platform leverages artificial intelligence and human expertise. It provides a saleability score in addition to the business valuation range. This feature enables business owners to understand the marketability of their businesses and take steps to improve their saleability.
The partnership with IG Wealth Management allows interVal to reach more business clients across Canada. It empowers IG advisors to be more efficient and effective in their roles, providing them with the tools they need to offer comprehensive financial advice to their clients.
In summary, the partnership between IG Wealth Management and interVal is a significant step forward in providing business owners with the insights they need to make informed decisions about their businesses. By offering accurate business valuations and tools for analysis, this collaboration aims to help business owners measure the value of their businesses, identify growth opportunities, and make strategic decisions for their future.
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