Mennonite Savings and Credit Union (MSCU) Ontario has selected Qtrade Financial Group as its new partner for comprehensive wealth management services, including mutual fund dealer and online brokerage services.

Canada-based Qtrade provides financial institution partners with a single source for wealth management products and services, including: online, full-service and institutional brokerage services, full-service mutual fund dealer services, insurance dealer services, portfolio management and discretionary money management services and proprietary managed money solutions.

Brent Zorgdrager, CEO of MSCU, said: “Our partnership with Qtrade will provide members access to a broad portfolio of investment solutions including mutual fund dealer services, online brokerage services and discretionary money management services. Partnering with Qtrade will allow MSCU to offer our members access to some of the best wealth management services and an expanded suite of investment solutions to address members’ needs.”

Joel Bernard, vice president of business development at Qtrade Financial Group, said: “MSCU is an organization with a steadfast commitment to making a difference in the lives of its members by providing exemplary services. We are pleased that they have selected us as a partner and look forward to working with them to significantly enhance their wealth management offering.”

The transition will be effective October 1, 2010.