Toronto-based Connor, Clark & Lunn Financial Group has announced changes in personnel affecting the leadership of its high net worth and institutional businesses.

Bruce Shewfelt, currently head of institutional sales at CC&L Financial Group, has joined Connor, Clark & Lunn Private Capital as CEO and becomes part of a three-person management team which includes Corey MacEachern (president) and Jeff Guise (chief investment officer).

Tim Griffin, who currently leads CC&L Private Capital, assumes the role of executive chairman.

“Bruce has done an exceptional job leading CC&L Financial Group’s institutional sales efforts over the past ten years,” said Griffin, in a release. “With the addition of Bruce to our executive team, we are fortunate to have such strong leadership in place as we continue our efforts to grow our business by delivering a high level of service to our clients and their advisors.”

CC&L also announced that Brent Wilkins has joined CC&L Financial Group as head of institutional sales. Wilkins has 19 years of industry experience and was most recently managing director and head of SEI Canada.

CC&L is a multi-boutique asset management company that provides a broad range of investment products and services to institutional, high net worth and retail investors. The firm and its affiliate companies are collectively responsible for the management of over $44 billion in assets.