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Founded in 1968 as Rice Financial, the company was built by industry pioneers who recognized the opportunities created by tax reform and the introduction of RRSPs. Aided and encouraged by deregulation a few years later, the company carved its niche as a formidable alternative to big banking and insurance institutions in Canada. In 2008, the company changed its name to MGI Financial Inc. to better represent the comprehensive services and strategies under the MGI Wealth umbrella.
Over the past 38 years, MGI Financial has grown from a one-person operation in Brandon, Manitoba to become one of Canada's largest financial solution providers. A vast network of branch and associate offices stretches from the BC coast to the Maritimes, serving approximately 80,000 clients and administering assets nearing $4.0 billion.
Throughout its tremendous growth, the company has never lost sight of its roots in the community. At a time when other institutions are abandoning their rural presence in favor of centralization, MGI Financial continues to pursue new growth opportunities in underserved markets, with a focus on Alberta, BC and Ontario.
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Following significant reorganization, the company has emerged refocused and ready for further success, with a renewed commitment to our mandate of helping Canadian investors of all levels: |
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Define their legacy |
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