M and A
Fiera Capital Completes Acquisition Of Canadian Wealth Management
Canada-listed
Fiera Capital Corporation has completed its
previously-announced acquisition of
Canadian Wealth Management from Société Générale Private
Banking.
Canadian Wealth Management serves high net worth individuals, families, endowments and foundations in western Canada. Fiera is an independent investment firm with some $55 billion in assets under management.
Fiera said in a statement that CWM operations will be fully integrated into Fiera Capital Private Wealth's existing business.
The transaction has been approved by regulatory authorities and has satisfied other customary conditions.
