Wellington-Altus continues growth with addition of Cresco Wealth Management

Cresco, previously part of Scotia Wealth Management, represents the largest book of business to join the independent advisory firm.

Winnipeg-based Wellington-Altus Private Wealth Inc. had another growth spurt this week — and this was its biggest yet.

On Tuesday, the independent advisory firm announced that it had welcomed Calgary-based Cresco Wealth Management to its team. Cresco, previously part of Scotia Wealth Management, brings a team of 16 and $800 million in assets under administration (AUA) to Wellington-Altus.

“It’s the largest book we’ve attracted to our organization in its existence,” said Shaun Hauser, president and founder of Wellington-Altus.

And Hauser plans to keep the momentum going.

Click here to read the full article originally featured in Investment Executive.