Family Office
Cdn brokerage Desjardins opens multifamily office
Desjardins Private Counsel Group aims at small- and mid-mkt
business owners. Canadian brokerage Desjardins Securities has
opened a multifamily office in response to the expected sale of
two thirds of Canada's small- and medium-size privately owned
businesses in the next 10 years.
"Desjardins Private Counsel Group's offering is unique," says
Yves Néron, head of Desjardins' private-client business. The
effect of the offering, he adds, is to provide high-net-worth
families -- especially those with the services of a private
CFO.
The Desjardins multifamily office provides investment advice,
financial and tax planning, business-transfer and
succession-planning services, trust management, family
governance, cash management and general ledger.
Desjardins Securities, a subsidiary of Montreal-based Desjardins
Group, has more than $18 billion in client assets and around 300
brokers in Quebec and Ontario. -FWR
.
