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New Deal


Announced

Completed

CWB completed the acquisition of iA Investment Counsel from iA Financial.

Synopsis

CWB Financial Group, a diversified financial services organization, completed the acquisition of iA Investment Counsel, a provider of financial planning and wealth management services, from iA Financial, an insurance and wealth management company. Financial terms were not disclosed. "This exciting transaction is a transformative step forward in wealth management for CWB and is fully aligned to our strategic direction. We are committed to accelerating the growth of our boutique full-service offering for successful business families. T.E. and Leon Frazer bring recognized talent and scale to our key markets and we believe these teams will be an excellent fit with our people-first, relationship-focused culture. CWB's clients will benefit from broader and deeper investment counselling and planning capabilities, with an extended geographic footprint supporting our continued growth of strong client relationships across the country. CWB's investors will benefit from diversifying our total revenue and scaling our wealth management business," Chris Fowler, CWB's President and CEO.

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