Peak Investment Services Inc. today reported the successful completion of its transfer of AXA Financial Services (AFS) assets.

“This transfer provides an excellent fit to our existing business and is another important step forward for our company,” says Robert Frances, president and CEO, Peak Financial Group

Peak and AFS announced the transfer back in June 2007. Under the terms of the agreement, AFS advisors gat access to Peak’s back office and front office services.

“We selected Peak for this transaction, for this financial group will secure our advisor’s independence and Peak shares our vision of distribution” says Robert Landry, executive vp, AXA Life Insurance and Financial Services.

“All Peak staff and management team members are very proud to welcome the new advisors into Peak’s family,” adds Frances.

“This transaction is in my opinion the best illustration that Peak is becoming Canada’s leading independent financial services group,” he says.

Montreal-based Peak Financial Group represents more than 500 professionals and advisors, and has over $5 billion in assets under administration.