Levine added that Nicola’s knowledge of private equity, mortgages, debt and institutional-grade real estate was key to the completion of the deal.
For Nicola, it has continued to recruit advisors and build its presence in Ontario, targeting high-net-worth clients. Last year it partnered with Stallion Financial, which is based in the Greater Toronto Area.
Vanessa Flockton, Senior Vice President, Advisory Services at Nicola Wealth, added: “Together [with LFG], we can offer medical practitioners the comprehensive plans they need as they consider the complexities of their financial future.”
Both Nicola Wealth and LFG will continue independent operations while identifying opportunities to collaborate.
