encompass insurance & wealth management

What encompass insurance & wealth management does

Encompass Insurance & Wealth Management Inc. is a privately held, independent financial advisory firm headquartered in Amherstburg, Ontario, Canada, operating under a contractual relationship with Canada Life. The firm delivers personalized financial security planning to Ontario-resident individuals and families, distributing insurance products (including segregated fund policies) directly through its own corporate entity and offering mutual funds, referral arrangements, and GICs through Quadrus Investment Services Ltd. Its stated mission is to build a tailored financial security plan covering major life events such as home purchase, education funding, and retirement, supported by ongoing plan reviews and automated pre-authorized chequing (PAC) contributions.

The business runs on a relationship-based, advisor-led distribution model. Four named Investment Representatives — Paul Pietraszko, Marc Hawkins, Nick Tonita, and Nicole Prozenko — provide one-on-one consultations, in person at the Amherstburg office or via phone and email, with Kristy-Leef handling administrative contact. Revenue is generated through commissions and trailing commissions on insurance and mutual fund products sourced from carrier partners; pricing is not publicly disclosed and is determined by product selection and coverage. The firm has no proprietary technology platform, no mobile application, and no disclosed AI/ML capabilities; client account access is delivered through external portals (Canada Life Constellation, Quadrus Client View, GroupNet, GRS Access), and the company website incorporates third-party interactive financial calculators for top-of-funnel engagement.

The firm serves four primary retail personas: homeowners, parents/families, retirees and pre-retirees, and business owners, with a horizontal segmentation approach. Its distribution is geographically constrained to Ontario, and there is no indication of external private equity or venture capital ownership, no subsidiaries, no acquisition history, no funding rounds, and no patents or proprietary technology assets. The competitive position rests on Canada Life brand association, multi-provider product access via Quadrus, and the personal relationships of its advisors rather than on scale, technology, or unique intellectual property.

Name

encompass insurance & wealth management

Legal name

Encompass Insurance & Wealth Management Inc.

Website

https://encompasswealth.ca

Company type

Private

Operating status

Operating

Short description

Encompass Insurance & Wealth Management Inc. is a privately held, independent financial advisory firm in Amherstburg, Ontario that delivers personalized financial security planning, insurance, and wealth management products to Ontario-resident individuals and families under contract with Canada Life and Quadrus Investment Services.

Ownership category

akta.pro rank

Product category

Financial Advisory & Wealth Management

NAICS

Insurance Agencies and Brokerages (52421), Portfolio Management and Investment Advice (523940)

SIC

Insurance Agents, Brokers & Service (6411), Investment Advice (6282)

akta.pro primary industry

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

akta.pro secondary industries

Comprehensive Financial Planning (FSAEAAAA), Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Financial security planning
• Insurance advisory services
• Wealth management advice
• Retirement income planning
• Segregated fund policies

Headquarters

HQ city

Amherstburg

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Products: Insurance products including segregated fund policies are offered through Encompass Insurance & Wealth Management Inc. Advisors provide tailored insurance solutions as part of comprehensive financial security plans.
2. Mutual Funds and GICs: Investment Representatives offer mutual funds, referral arrangements, and GICs through Quadrus Investment Services Ltd. Revenue generated through commissions and trailing commissions associated with mutual fund investments.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Encompass Insurance & Wealth Management Inc. is an independent financial advisory firm that provides personalized financial security planning to individual clients in Ontario, Canada. The firm distributes insurance products such as segregated fund policies directly, and offers mutual funds, referral arrangements, and GICs through Quadrus Investment Services Ltd. Advisors deliver ongoing plan reviews and pre-authorized chequing (PAC) contributions to help clients meet savings, education, and retirement goals.

Product overview

Encompass Insurance & Wealth Management Inc. is a financial advisory firm that operates as an independent advisor associated with Canada Life. The firm provides financial security planning services rather than a traditional software product portfolio. Their core offerings include insurance products (such as segregated fund policies), investment services through Quadrus Investment Services Ltd. (mutual funds, referral arrangements, and GICs), and pre-authorized chequing (PAC) contributions for automated savings. The firm connects clients to Canada Life Constellation and Canada Life Investment Management for account access and diversified fund line-ups, while financial planning and needs analysis are supported through linked external calculator tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Security Planning
• Insurance Products (Segregated Fund Policies)
• Mutual Funds
• Guaranteed Investment Certificates (GICs)
• Pre-Authorized Chequing (PAC) Contributions

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Canada LifecoreStrategic or Co-development PartnerEncompass Insurance & Wealth Management is an independent advisor firm with a contract with Canada Life. The firm offers Canada Life products including segregated fund policies and accesses Canada Life Investment Management for diverse fund line-ups. The partnership provides credibility and access to a major Canadian financial services company's products and investment management capabilities.
• Quadrus Investment Services Ltd.coreChannel Partner/ Reseller/ DistributorInvestment Representatives at Encompass offer mutual funds, referral arrangements, and GICs through Quadrus Investment Services Ltd. This partnership enables distribution of Quadrus investment products to Encompass clients. Quadrus branding appears on the website alongside Encompass branding.

Recent moves3 records

Expansion highlights3 records

Direct peers

• Investment Planning Counsel (IPC): Canadian dealer supporting independent financial advisors with mutual fund and insurance solutions. Structurally analogous to Encompass's Quadrus relationship, making IPC advisors a direct comparable for size, model, and product breadth.
• Assante Wealth Management: Canadian independent advisor network offering wealth and insurance solutions through regional offices. Comparable to Encompass in model (independent advisor, multi-product) and in serving small-business and household clients across Ontario.
• Edward Jones Canada: Branch-based independent advisor model serving individual and small-business clients across Canada. Comparable through single-advisor offices serving localized markets with both investment and insurance offerings.
• Credential Financial: Canadian independent financial planning network affiliated with a major insurer. Closely comparable to Encompass in operating model, insurance plus wealth offering, and small-office advisor structure.
• iA Private Wealth (formerly HollisWealth): Canadian independent wealth advisory platform supporting advisor practices similar to Encompass. Comparable on multi-product offering, mutual fund and insurance distribution, and small/regional office footprint.

Broad incumbents

• RBC Wealth Management: Bank-owned wealth platform serving affluent and business-owner clients across Canada. Comparable in serving retirement/legacy and business-owner segments, though operating at vastly larger scale and through a captive bank channel.
• Manulife Wealth: Insurance and wealth platform with advisor channels distributing segregated funds, mutual funds and GICs. Comparable in insurance-wealth integration, but offers those products as a major insurer rather than as an independent advisor.
• IG Wealth Management: Large Canadian wealth management franchise with a broad advisor network and integrated insurance solutions. Overlaps with Encompass in retirement and wealth planning, but operates at materially greater scale and brand reach.

Emerging players

• Questwealth (Questrade): Canadian low-cost online brokerage and robo-advisor serving DIY and mass-affluent investors. Competes for the same client pool that Encompass targets with traditional advisory and mutual fund offerings.
• Wealthsimple: Canadian digital wealth manager with low-cost investing, advisory and tax products. Not a same-model peer, but competes directly for Encompass's mass-affluent and younger retirement-planning clients.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/encompass-insurance-and-wealth-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 encompass insurance & wealth management