Global Resp Corporation

Name

Global Resp Corporation

Legal name

Global Growth Assets Inc.

Website

https://globalresp.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Registered Education Savings Plans (RESPs)

NAICS

Educational Support Services (611710), Educational Support Services (6117)

SIC

Investment Advice (6282), Services-Educational Services (8200)

akta.pro primary industry

Scholarships, Grants & Education Benefits Administration (Financing-adjacent) (FSAKAEAM)

akta.pro secondary industry

Scholarship, Financial Aid & FAFSA Support Platforms (EDAFAMAF)

Keywords

• Registered education savings
• RESP account administration
• Education savings plans
• Investment fund management
• Post-secondary education savings

Headquarters

HQ city

Richmond Hill

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Management and Administration Fees: Global Growth Assets Inc. generates revenue through investment management and administration fees charged on RESP accounts. The company manages over $807 million in assets under management, with fees likely structured as a percentage of assets under administration.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Global RESP Corporation administers Registered Education Savings Plans (RESPs) for Canadian families through its operating entity Global Growth Assets Inc. The company offers two main plans — the Advanced Education Savings Plan (AESP) and Legacy Education Savings Plan (LESP) — that allow subscribers to save for a beneficiary's post-secondary education while capturing federal and provincial government grants including the Canada Education Savings Grant (CESG), Canada Learning Bond (CLB), and British Columbia Training and Education Savings Grant (BC TESG). The plans are managed through a MyAccount online portal with electronic funds transfer for contributions and DocuSign-enabled electronic signing of Educational Assistance Payment forms.

Product overview

Global Resp Corporation operates as a financial services company managing Registered Education Savings Plans (RESPs) through its parent company Global Growth Assets Inc. The core offering consists of the MyAccount online platform which provides account management for two main plan types: the Advanced Education Savings Plan (AESP) and Legacy Education Savings Plan (LESP). The company also offers Educational Assistance Payments (EAP) processing and Accumulated Income Payments as withdrawal options for beneficiaries pursuing post-secondary education. DocuSign E-signature integration was launched in 2024 to facilitate electronic submission of EAP forms.

Differentiator

Problem solved

Functional benefit

Brands

• Régime d'épargne-études Génération (REEG): Generation Education Savings Plan - one of two main RESP plans administered by the company with discretionary payment feature
• Régime d'épargne-études Avancé (REEA)

Products and services

• Advanced Education Savings Plan (AESP) Registered Education Savings Plan (REEE/REEA) administered by Global Growth Assets Inc. for Canadian families saving for a beneficiary's post-secondary education. Captures eligibility for government grants including CESG, CLB, and BC TESG.
• Legacy Education Savings Plan (LESP) Legacy Registered Education Savings Plan administered by Global Growth Assets Inc. under the Global Educational Trust Foundation, providing education savings and government grant eligibility for Canadian families.
• MyAccount Online Portal Secure online portal allowing RESP subscribers to check plan values, view financial statements and transactions, view government grants and bonds, apply for Educational Assistance Payments, and manage account information. Bilingual (English/French).

Quantifiable outcome

• Up to $7,200 in CESG grants per beneficiary
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• DocuSigncoreTechnology or IntegrationDocuSign provides electronic signature (e-signature) integration for the Educational Assistance Payment (EAP) process. This allows subscribers and beneficiaries to digitally sign EAP forms without physical paper submission. The integration includes 6-digit access code verification and secure document upload functionality for proof of registration documents.
• Employment and Social Development Canada (ESDC)coreOthersESDC administers the Canada Education Savings Grant (CESG) and Canada Learning Bond (CLB) programs. Global submits monthly grant applications to ESDC on behalf of subscribers. ESDC evaluates annual eligibility for additional grants based on family income.

Scale indicators2 records

Broad incumbents

• Industrial Alliance (iA) / Education Savings Plans: Major Canadian insurer and wealth manager offering RESPs as part of a broader financial services portfolio. Comparable product set (RESPs) but a much larger, diversified incumbent with broader distribution.
• BMO (Bank of Montreal) — RESPs: Major Canadian bank offering RESPs to families and individuals. Competes in the same RESP category but with broader banking infrastructure and distribution.
• RBC (Royal Bank of Canada) — RESPs: Canada's largest bank offers RESPs as part of its wealth and retail banking franchise. Competes with Global RESP for the same customer segment but with vastly greater scale and advisor network.
• TD (Toronto-Dominion Bank) — RESPs: One of Canada's largest banks distributing RESPs through retail channels and financial advisors. Comparable product and customer base, but operates as part of a much larger diversified financial institution.
• Sun Life Financial — RESPs: Major Canadian insurance and wealth company offering RESPs through its investment and savings product portfolio. Comparable in offering RESPs but with broader financial services footprint.

Others

• FSRA / OSC (Regulatory and Industry Bodies): Regulatory oversight bodies including the Ontario Securities Commission that govern RESP providers in Canada. Included as an ecosystem participant given the regulatory framework that defines Global RESP's operating environment.

Direct peers

• Heritage Education Funds: Canadian RESP-focused fund manager offering group and family plan RESPs. Closely comparable to Global RESP in product mix, regulatory framework, and target customer (Canadian families saving for post-secondary education).
• Knowledge First Financial: One of Canada's largest dedicated RESP providers, administering group/single RESP plans with government grant matching. Directly comparable to Global RESP Corporation in product, customer base (Canadian families), and fee model.
• Embark Student Corp (formerly EduSave): Canadian RESP provider offering education savings plans with government grant matching. Directly comparable in product, regulatory positioning, and customer base.
• Canadian Scholarship Trust Foundation (CST): CST administers group RESPs in Canada, similar in product structure and target market. Comparable in offering RESPs with government grant integration and educational savings administration.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/globalRESP
• Facebookfacebook.com/GlobalRESP
• LinkedInlinkedin.com/company/global-family-of-companies

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Global Resp Corporation