Friday, October 11, 2024
HomeWealth ManagementATB Monetary to amass $5.8 billion AUM wealth administration agency

ATB Monetary to amass $5.8 billion AUM wealth administration agency


BCV will function as a standalone subsidiary of ATB, constructing on its 17 years within the wealth administration business, and also will stay headquartered in Winnipeg with no change to its model id, management, or portfolio administration staff.

“BCV is happy to work with ATB Monetary, and thru collaboration, unlock new progress potential and alternatives for our staff,” mentioned Tony Demarin, founder and CEO of BCV.” BCV stays dedicated to delivering the identical excessive degree of service to purchasers. We are going to proceed to function with the identical skilled management and portfolio administration staff and confirmed methods which have supported our ongoing success.”

For ATB Monetary, the acquisition continues its strategic progress of its ATB Wealth unit which achieved report excessive AUA on the finish of its first quarter of fiscal yr 2025, reaching $28.6 billion. The unit additionally opened new places of work in Saskatchewan and BC.

“ATB Monetary has been pursuing new alternatives to associate with main companies that can create long-term worth for our purchasers,” mentioned Curtis Stange, president and CEO of ATB Monetary. “We’re excited to come back along with BCV, a worthwhile, dynamic and rising portfolio administration agency that shares the identical values that ATB Monetary does about our purchasers and our groups. ATB is impressed with how BCV delivers worth for purchasers, how effectively they function and the best way BCV drives progress. Coming collectively is a chance to leverage the collective expertise and experience for the advantage of our purchasers.”

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments