IG Wealth Management announced Nov. 15 that it will increase fee transparency by rolling out unbundled pricing to all clients in 2019. Under this model, clients will pay an advisory fee to the dealer for its services instead of dealer compensation being bundled as part of mutual fund management fees.

IG Wealth Management has offered an unbundled fee option (Series U) to high net worth clients since 2013. During the second quarter of 2019, IG Wealth Management will open unbundled fee options to households with less than $500,000 in assets.

"With an enhanced unbundled structure, we have put a high priority on transparency of fees, which further demonstrates our commitment to put the client at the centre of everything we do," said Jeff Carney, President and Chief Executive Officer, IG Wealth Management. "Our unbundled offerings have been very successful, currently representing more than 75 per cent of high net worth client sales as of the third quarter of 2018. Today's announcement will further strengthen the relationship between our advisors and clients, while accelerating our growth into 2019."

The company is also introducing more competitive pricing to reward client loyalty.