Investment Planning Counsel acquires Partners in Planning and Titan Funds from Walton Global Investments

On November 1, 2010, Investment Planning Counsel Inc. ("IPC") acquired Partners In Planning Financial Group Ltd., one of Canada's largest privately-held financial services organizations with more than 300 independent advisors and agents operating more than 100 offices. The transaction included the acquisition of Partners In Planning Financial Services Ltd., a mutual fund and exempt market dealer, and Partners In Planning Insurance Services Inc., a national insurance agency. In a separate and concurrent plan of arrangement transaction, a subsidiary of IPC acquired Titan Funds Incorporated, the manager of Titan Managed Portfolios. IPC is an integrated wealth management company with over $12 billion in total assets under administration and is a member of the IGM Financial Inc. (TSX: IGM) group of companies supporting over 900 advisors nationally. IGM Financial Inc. is one of Canada's premier financial services companies with $124.7 billion in total assets under management as of October 31, 2010. The IPC legal team was led by Tim Pryor, Vice-President, Legal, Mackenzie Investments (an IPC affiliate and member of the IGM group of companies) and included Mark Pratt, Assistant Vice-President, Legal, Mackenzie Investments; and was assisted by Fasken Martineau with a team that was led by Doug H. Scott and Sean Stevens (M&A) and that included Tracy Hooey and Gina Yee (securities, regulatory), Michael Gleeson, Jeffrey Hergott and Jessica Catton (corporate, M&A), Mitchell Thaw (tax) and Jennifer McAleer (litigation).