Exciting news from Steadyhand!
On March 24, 2025, we announced that Steadyhand had accepted an offer to join Purpose Unlimited, subject to regulatory and unitholder approval. We’re excited to share that as of June 10, the transaction has officially closed, and Steadyhand is now proudly part of the Purpose family.
This represents a significant step forward in our mission to provide Canadians with a better investing outcome and a simpler, more personalized client experience. We’re confident that joining forces with Purpose will bring substantial benefits to our clients.
Read our Blog on the announcement
Video
Steadyhand Co-founder Tom Bradley sits down with Purpose Unlimited CEO Som Seif to discuss the new partnership and the benefits to Steadyhand clients.
Frequently Asked Questions
We understand you may have some questions about the Steadyhand and Purpose combination. Our FAQ document aims to address your most pressing queries. If you have additional questions not covered, please contact us at 1-888-888-3147.
Read Frequently Asked Questions
Press Release
"The acquisition aims to accelerate both firms’ commitment to deliver an exemplary client experience to Canadian investors."
Information Circular
Unitholders of a Steadyhand Fund(s) have the right to vote for or against Purpose becoming the company managing our funds. Details of the voting process are available in the Information Circular, which will be mailed to all Steadyhand clients.
Results of Unitholder Votes
On May 9, Steadyhand clients had the opportunity to participate in a virtual unitholder meeting and vote on two important proposals concerning our partnership with Purpose, as part of the regulatory process. We’re pleased to announce that our clients voted overwhelmingly in favour of the proposals.