Industrial Alliance Securities (IAS) has acquired Fin-XO Securities on October 1st, 2015. With the exception of the Quebec Immigrant Investor Program business line , the traditional brokerage activities of Fin-XO Securities were merged with IAS on December 1st 2015. Founded in Montreal in 1989 , FIN-XO had assets under administration of over $ 700 million before it’s acquisition. The manager of FIN-XO Securities Quebec’s Immigrant Investor Program, Jacques Plante, is also the CEO of CJ International Group Inc.
Industrial Alliance Securities Inc. is a wholly owned subsidiary of IA Financial Group . IAS has been in business since 2002 and has a vast network of service points across Canada. As at June 30, 2015 , IAS had over $ 6 billion in assets under administration and more than 240 representatives. Founded in 1892, IA Financial Group offers life and health insurance products, mutual and segregated funds, savings and retirement plans, RRSPs, securities, auto and home insurance, mortgages and car loans and other financial products and services for both individuals and groups. It is one of the four largest life and health insurance companies in Canada and one of the largest publicly traded companies in the country.
Atlantic American Opportunities Fund
Atlantic American Opportunities Fund has a unique EB-5 investment approach that is based on the basic fundamentals of diversification. Structured as a private equity fund, AAOF pools its investor’s capital and invests in a “portfolio” of several projects (targeting 5 – 8 per fund). EB-5 applicants become Limited Partners (or owners) of the entire fund, and therefore own an equal share of each project, not just one. Much like a mutual fund, this structure helps manage investment risk because the investor’s total $500,000 investment no longer has to rely on the success of one single asset.
AAOF only invests in EB-5 qualified projects that have a high probability for meeting the requirements of the EB-5 program. Our philosophy is to invest in projects that create between 12 and 20 jobs per investor. This creates a cushion with respect to job creation and provides comfort that we will safely meet the EB-5 program’s requirement for 10 jobs per investor.
AAOF focuses on making investments that are based on safe underwriting assumptions, and only partner with established, proven developers/operators who have a solid track record for success. This is critical in ensuring the project's success and is a key factor in protecting our investors' capital.