Independent Cash Management Solutions Ltd. (“ICMS”) is owned and operated by Paul LeBlanc, a financial services professional with over 35 years experience providing financial solutions to the Calgary marketplace. After completing his Bachelors Degree in Economics at St Francis Xavier University and his Masters Degree in Economics at McMaster University, Paul was a stockbroker with Prudential Bache Securities for 12 years. In 1990 he joined Bank of Montreal’s Commercial Banking Group and was promoted to Senior Business Development Manager, Cash Management for BMO’s Corporate Finance Group. In 2005 he started ICMS, delivering cash management consulting services to businesses and not-for-profits.
Paul has evaluated, installed and negotiated pricing for cash management and investment platforms for a wide range of Commercial and Corporate Finance clients, both public and private as well as Not-For-Profit.
Throughout his career Paul has always kept the needs of his customers first and foremost in the investment and commercial banking fields.
He is enthusiastic about bringing his experience to the bargaining table to help his customers negotiate their best deal possible.
High Interest, Low Fee Accounts
Established in 1993 and chartered as a Schedule “A” bank under the Bank Act, Manulife Bank of Canada was the first federally regulated bank opened by an insurance company in Canada. Their products and services are provided through independent financial advisors – like ICMS.
ICMS banking clients invest their cash balances with Manulife Bank of Canada. ICMS has an Agency Agreement with – and receives a separate payment from – Manulife Bank of Canada. That means your investment balances will always receive the published rate in full.
As of September 30, 2017 Manulife Bank of Canada was Canada’s 9th largest bank, with $23.2 billion in high-quality assets, primarily Canadian residential mortgages. The majority of residential mortgages are CMHC insured. They have no exposure to European sovereign debt and no exposure to the sub-prime mortgage market.
Manulife Bank Advantage Accounts (both Personal and Business) are high-interest, full-access, low fee chequing accounts that can be used by clients as their primary bank account or linked to existing bank accounts as a savings/investment account.
An Advantage Account combines the liquidity of a traditional chequing account with the interest rate of a short-term GIC or money market fund. Advantage Accounts’ features and benefits are unrivaled in the marketplace.
I was not interested in changing my current bank, with all the attendant paperwork and drain on time. The Manulife Bank Account offered by ICMS solved a major problem quickly, how to receive interest on cash flow surpluses, while not requiring the changing of banks. Even with small surpluses, IFS has managed to earn well over $15K in interest in just a few years. This revenue would have been non-existent with the current Business Bank account we have. Transfers to and from take about 30 seconds, and are done in one business day.
Don Thorssen President, Innovative Fluid Systems Inc.
Paul LeBlanc was very helpful at a time when we were looking for the best possible rates for short term investments without having to change banks to do it. He was able to enhance our banking experience by setting up our accounts with Manulife quickly and efficiently. He is always available when we have questions and need guidance for banking solutions. He truly understands the banking needs of small to medium size businesses.
Given that we were receiving nothing from our regular bank for any of our positive cash balances, signing up with Manulife was an easy decision – we have been using Manulife Bank since 2010 and have been extremely happy with it . The online banking tool makes it very easy to move funds back and forth.
Tony Militano President, Carbon Copy Digital
As a retailer with multiple outlets our company maintains bank accounts at all the major banks. Getting a Cheque-Up! Report was good value – ICMS streamlined our collection processes using a single Manulife Bank account to sweep store balances – and showed us how to lower transaction costs at our main bank, and two other banks.
Dave Bacon Owner, Swimco Aquatic Supplies
I would like to thank you for introducing us to your service and association with Manulife’s deposit interest accounts. We have now been using this service for a couple of years and find it to be very easy and convenient to use in conjunction with our regular bank. As a result of the service you supply to us I am opening a personal account.