TD Bank Financial Group transfers more than $8 billion of assets under administration to subsidiary of AGF Management
Client
TD Bank Financial Group
On January 31, 2002, TD Bank Financial Group sold its third-party portfolio valuation business and shareholder record keeping business to AdminSource Inc., a subsidiary of AGF Management Limited, resulting in TD transferring in excess of $8 billion of assets under administration to Adminsource. Fasken Martineau, together with Jean Estabrook, Adriana Groskopf and Alan Wheable, in-house counsel of TD Bank Financial Group, acted for TD in the transaction.
The Fasken Martineau team was headed by Stephen Erlichman and consisted of Ian Kyer, David Coultice and Gregory Ho Yuen (corporate), Ralph Nero (employment), David Vincent and Brent Duguid (pensions and benefits), Kathleen Hanly and David Robertson (tax), Robert Elliott (financial institutions) and Doug New and Angela Di Padova (competition).
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