Deal greatly expands company’s position and presence in Canada
Alliance will benefit independent financial advisors, Virtue says
Buys 24% stake
Purchase of Halifax firm allows small Markham, Ont., dealer to keep growing
Firm to rebrand after formal closing
Deal adds scope and diversification to CWB’s existing financing business
Latest deal deepens existing links between credit unions and insurance provider
The acquisition adds $1.5 billion in assets under administration and about 300 advisors and support staff to Peak’s growing team
Shares begin trading on TSX
Banks will likely focus on incremental growth in their existing markets