Worldsource Wealth Merges Three Dealer Arms Under One Platform

Worldsource Wealth Management Inc. plans to consolidate three dealer entities into a single dual-registered platform, the company said Thursday.

The Canadian Investment Regulatory Organization said Worldsource Financial Management, a mutual fund and exempt licensed dealer, intends to resign its membership. Jennifer Moss, senior vice-president of Worldsource Wealth Management, said WFM's business will be transferred to the parent company, along with two affiliated dealers: Worldsource Securities and Desjardins Financial Security Investments Inc.

"This change is part of a broader strategy to unify the dealer structure under a single platform," Moss said in an email. "This includes the transition to a dual‑registered dealer model, allowing advisors to operate within one integrated structure rather than across multiple entities."

The dual-registered model lets advisors offer both mutual funds and securities under one compliance and operational framework. Moss said the reorganization "supports Worldsource's long‑standing focus on the independent dealer model, providing advisors with flexibility, choice, and access to a more scalable platform."

The transition is scheduled to finish around Oct. 12, subject to regulatory approval. Moss said the company designed the process to minimize disruption. "Advisors will continue to operate their businesses and serve clients as they do today, supported by enhanced platform capabilities over time," she said. "Clients will continue to work with their advisors under the same relationship model, with no change to how they receive advice."

Worldsource Wealth Management registered as a mutual fund dealer with CIRO in July 2025, a prerequisite for the consolidated structure. The company said it will communicate with advisors and clients as the integration moves forward.