IGM Financial Inc. announced Q1 net earnings of $283.8 million, a 21.4% year-over-year increase.

Earnings per share were $1.20, up 22.4% year over year in the quarter.

Assets under management and advisement were $314 billion in Q1 — up 14.2% year over year, and up 1.3% from the previous quarter.

IGM had net inflows of $5.6 billion during the quarter, compared to $4.2 billion one year ago.

IG Wealth Management had assets under advisement of $162.6 billion, a roughly 15% year-over-year increase and up 2.3% from the previous quarter. The division’s total advisor network was flat year over year at 3,145, compared to 3,150 advisors in the same quarter of 2025, and up from 3,112 advisors in the previous quarter.

Mackenzie Investments has total assets under management of $246 billion, an increase of 0.8% from the previous quarter and 12.5% year over year.

Total net sales for Mackenzie were $1.7 billion compared to net sales of $3.4 billion in the first quarter of 2025. Investment fund net sales were $729 million compared to net redemptions of $85 million in the first quarter of 2025.

Mutual fund gross sales were $4.1 billion, up 54.1% from the first quarter of 2025.

ETF assets under management totalled $26.2 billion at the end of the quarter, up from $24.1 billion the previous quarter and $17 billion one year ago.

“These results demonstrate the strength of our diversified model, with continued growth at IG Wealth Management and Mackenzie Investments, and position us well as we continue to execute on our long‑term strategy,” James O’Sullivan, president and CEO of IGM Financial Inc., said in a release.

The firm said its investment in Wealthsimple Financial Corp. was valued at $2.3 billion at the end of the quarter, consistent with the prior quarter. IGM remains Wealthsimple’s largest shareholder.