VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) — Harbourfront Group (“Harbourfront”) and Harbourfront Wealth Management, the country’s leading independent asset management and investment management firm, today announced the acquisition of Cornerstone Investment Counsel, operating as Cornerstone Fiduciary Wealth Management (“Cornerstone”).
Founded in 2003, Cornerstone is a Canadian investment advisory portfolio management firm. In addition to providing asset management services, Cornerstone is known for its skilled portfolio managers, tax and estate planning professionals, and succession planning expertise. Harbourfront’s acquisition of Cornerstone will significantly increase assets under management and revenues, further strengthening Harbourfront’s platform.
“We are very pleased to announce the acquisition of Alberta-based Cornerstone, which marks an important milestone in Harbourfront’s continued growth,” said Danny Popescu, CEO of Harbourfront Group. “Cornerstone’s management team and advisor network are clearly culturally and philosophically aligned with ours. Cornerstone’s portfolio managers will use our leading technology platform, Harbourfront TechHub, and their client base will be able to participate in Harbourfront Group’s private securities access vehicles.”
“For more than 20 years, Cornerstone has been focused on providing institutional-grade asset management services to private investors,” said Gary Cooper, Founding Partner at Cornerstone. “We expect our clients will see significant benefits from joining HarbourFront. Our true independence and commitment to delivering an exceptional client experience aligns with our culture, and we are excited about the future.”
About Harbourfront Wealth Management
Founded in 2013, Harbourfront Wealth Management is an independent wealth management and investment management firm headquartered in Vancouver, British Columbia, and growing rapidly with over 30 branches across Canada. The Harbourfront Group includes a registered securities dealer/investment advisor serving established advisors and their high net worth clients, an investment fund manager specializing in third-party managed alternative investment funds, and an investment advisor registered with the U.S. Securities and Exchange Commission. For more information, please visit www.harbourfrontwealth.com.
Media Contact
Andrea Magee, Communications Director
Harbourfront Wealth Management
email address
778.200.5179
