Luke Gould - IGM Financial President

IGIFF Stock  USD 31.08  0.17  0.54%   

President

Mr. Luke Gould was appointed Chief Financial Officer, Executive Vice President Finance of the Company., effective on January 1, 2018. He is Executive VicePresident and Chief Financial Officer, IGM Financial, Investors Group and Mackenzie Investments since 2018.
Tenure 7 years
Professional MarksCFA
Phone204-943-0361
Webhttps://www.igmfinancial.com
Gould joined Investors Group in 1997 and held a number of roles having responsibilities for business and strategic analysis, investor relations and corporate finance activities prior to becoming Vice President and Treasurer of IGM Financial in 2005. He was appointed Senior VicePresident and Chief Financial Officer of Investors Group in 2012 and Chief Financial Officer of Mackenzie Investments in 2013, and has also been responsible for the IGM Financial shared service functions of financial reporting, risk management and taxation over this time. He holds a Bachelor of Commerce degree from the University of Manitoba and is a CFA Charterholder.

IGM Financial Management Efficiency

The company has return on total asset (ROA) of 0.0458 % which means that it generated a profit of $0.0458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1367 %, meaning that it generated $0.1367 on every $100 dollars invested by stockholders. IGM Financial's management efficiency ratios could be used to measure how well IGM Financial manages its routine affairs as well as how well it operates its assets and liabilities.
IGM Financial has accumulated 4.56 B in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. IGM Financial has a current ratio of 2.12, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist IGM Financial until it has trouble settling it off, either with new capital or with free cash flow. So, IGM Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like IGM Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGM to invest in growth at high rates of return. When we think about IGM Financial's use of debt, we should always consider it together with cash and equity.

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IGM Financial Inc. operates as a wealth and asset management company in Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation. Igm Financial is traded on OTC Exchange in the United States. IGM Financial [IGIFF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

IGM Financial Leadership Team

Elected by the shareholders, the IGM Financial's board of directors comprises two types of representatives: IGM Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGM. The board's role is to monitor IGM Financial's management team and ensure that shareholders' interests are well served. IGM Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IGM Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey CFA, Advisor
Michael Dibden, COO VP
Cynthia Currie, Ex Officer
Damon Murchison, Senior Vice President Head of Retail Distribution, Mackenzie Investments
Douglas Milne, Executive Vice President Chief Marketing and Strategy Officer
Rhonda Goldberg, Senior Vice President - Client and Regulatory Affairs
Keith Potter, Ex CFO
Luke Gould, Senior Vice-President - Finance and CFO, Investors Group Inc. and Mackenzie Inc.
Kristin Ashcroft, Ex Investments
James OSullivan, CEO Pres

IGM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is IGM Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in IGM Pink Sheet

IGM Financial financial ratios help investors to determine whether IGM Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IGM with respect to the benefits of owning IGM Financial security.