Wellington-Altus adds new business line with acquisition of TriVest Wealth
The firm has added an ICPM business division with the creation of its Private Counsel subsidiary
Wellington-Altus has grown again — and this time added a new business line in the process.
On Tuesday, the Winnipeg-based independent advisory firm announced it had reached an agreement to acquire Calgary-based TriVest Wealth Counsel Ltd., a firm of portfolio managers (PMs) focused on high-net-worth families. The acquisition is expected to close in late 2019 or early 2020, pending regulatory approval.