Institutional Services


On November 12, 2013, TD completed the sale of the TD Waterhouse Institutional Services business* to National Bank Correspondent Network (NBCN), a subsidiary of National Bank of Canada.

In the coming months, NBCN will convert your clients’ accounts to its operating system. NBCN will keep you and your clients informed of developments in relation to the transition of accounts.

TD is committed to a smooth transition and we will continue to work closely with NBCN during this time. If you have any questions, please call your Account Manager or Relationship Manager.

* This sale does not include TD’s Institutional Services business that supports affiliated introducing brokers and portfolio managers.

National Bank Correspondent Network is a division of NBCN Inc., a wholly owned subsidiary of National Bank of Canada and is member of the Canadian Investor Protection Fund.