|This Slide: #40 of 49|
Slide #40. Fiera Capital Corporation — Canadian Wealth Management Group Inc.
Fiera Capital Corporation (TSE:FSZ.CA)
Canadian Wealth Management Group Inc.
Fiera Capital Corporation announced that it reached an agreement with Socit Gnrale Private Banking to acquire Canadian Wealth Management Group Inc., the Calgary-based subsidiary of Socit Gnrale Private Banking. CWM, a leading integrated wealth management boutique serving clients in western Canada for over 30 years, manages assets for high net worth individuals, families, endowments, and foundations. The acquisition, which is expected to be immediately accretive to earnings, solidifies Fiera's position as one of Canada's fastest growing investment managers, with assets under management of $55 billion. By expanding deeper into the wealth management business, the combination further enhances Fiera's distribution capabilities. The CWM operations will be fully integrated into Fiera Capital Private Wealth's existing business.
Fiera Capital is an asset management firm. Co. offers a wide range of traditional and alternative investment solutions in asset allocation, and delivers investment management capabilities to institutional and private wealth clients in Canada. Co. also offers its asset management services to clients in the U.S.
Open the FSZ.CA Page at The Online Investor »