About Embark Student Corp.
Embark's story is one of evolution, rooted in a long-standing commitment to making education accessible for Canadian families. The journey began in 1965 with the founding of Knowledge First Financial, an organization dedicated to helping parents save for their children's post-secondary education through Registered Education Savings Plans (RESPs). For over five decades, Knowledge First Financial established itself as a trusted name in the RESP market, guiding countless families through the complexities of education savings and helping them take advantage of government grants. The company was built on a not-for-profit foundation, meaning its core purpose was always centered on the success of its plan holders, not on generating profits for shareholders. This foundational principle ensured that earnings were reinvested back into the company to enhance its services and support its mission.
In early 2023, a significant transformation took place. Knowledge First Financial rebranded to become Embark Student Corp., a name change that signaled a new chapter and a modernized approach to education savings. This wasn't just a cosmetic update; it represented a strategic shift towards a more digital-first, user-friendly experience for Canadian families. Under the leadership of President & CEO Andrew Lo, who joined to spearhead this transformation, Embark embraced financial technology to simplify the process of opening and managing an RESP. The company launched a more intuitive online platform, making it easier than ever for parents to start saving, track their investments, and even receive contributions from friends and family through a unique gifting feature. While the name and technology evolved, the heart of the organization remained the same. Embark continues to operate as a wholly-owned subsidiary of the not-for-profit Embark Student Foundation, carrying forward a legacy of more than half a century dedicated to empowering students and helping them achieve their dreams without the heavy burden of student debt.
FAQs
- When was Embark Student Corp. founded?
- Embark Student Corp. was founded in 1965.
- Who is the CEO of Embark Student Corp.?
- Andrew Lo is the CEO.
- What industries or markets does Embark Student Corp. operate in?
- Embark Student Corp. operates in the following markets: Financial Services, Education Savings, Fintech, Wealth Management, Investment Management, Digital Banking, Education Technology, Nonprofit Financial Services, Online Financial Platforms, and Family Financial Planning.
- How many employees does Embark Student Corp. have?
- Embark Student Corp. has 501-1000 employees.
- Where does Embark Student Corp. have employees?
- Embark Student Corp. has employees in Canada.
- Does Embark Student Corp. support remote work or working from home?
- Yes, Embark Student Corp. is a remote-friendly company.
- What employee benefits does Embark Student Corp. offer?
- Embark Student Corp. provides 8 benefits to their employees.
- Does Embark Student Corp. offer a four-day work week?
- No, Embark Student Corp. does not offer a four-day work week.
- What is Embark Student Corp.'s website?
- Embark Student Corp.'s website is www.embark.ca.
Canada
