FMSQ

Subsidiaries

The FMSQ has created two subsidiaries: the Groupe Fonds des professionnels and Sogemec Assurances. Through them, FMSQ works to ensure the financial health of its members by offering them a range of financial services and benefits. All members of the Federation are shareholders in these two subsidiaries, which also serve other professionals (notaries, dentists, architects, pharmacists, etc.).

 

The Professionals’ Fund – Investment Fund
The Professionals’ Fund – Privately Managed

Established by the Fédération des médecins spécialistes du Québec in 1978, the Groupe Fonds des professionnels is the first financial institution owned exclusively by Quebec professional groups to have reached $1 billion in managed assets in Quebec. Its mission is to:

• Help its members define and achieve their financial goals
• Guide them in the selection and management of investments and retirement products, as well as their financial planning
• Advise them and supply products and services that meet their growth expectations with a view to protecting their capital.

In order to provide an outstanding level of service to its clientele – which also includes the Association des chirurgiens dentistes du Québec, the Corporation de service des notaires du Québec, the Association des architectes en pratique privée du Québec and the Association québécoise des pharmaciens propriétaires – the Fonds des professionnels maintains four offices in the province: two in Montreal, one in Quebec City and another in Sherbrooke. The success of the Fonds des professionnels is to a very great extent due to the fact that representatives of each association sit on its boards of directors and its various committees.

Sogemec Assurances inc. is a financial services enterprise that acts as an insurance broker. Its clientele, which was originally composed of members of the Fédération des médecins spécialistes, has grown consistently over the years with the advent of members of the Fédération des médecins résidents du Québec, the Fédération médicale étudiante du Québec, the Corporation de service des notaires du Québec, the Association des médecins de langue française du Canada and the SERVIQ Corporation de services des ingénieurs du Québec. Established in 1968, its mission is to help its clientele make the best insurance decisions for them by suggesting specific solutions which fully meet their professional and personal needs. Whether the topic is life, disability, drugs or travel insurance or, alternatively, residential, automobile and business insurance, Sogemec Assurances inc. negotiates the best possible terms for its clients.