Nicola Wealth Announces Acquisition of Levine Financial Group, The Canadian Business Journal

TORONTO, ON, Nov. 07, 2022 (GLOBE NEWSWIRE) — Nicola Wealth, one of Canada’s fastest growing private investment advisors, announced today that as part of its continued strategy to grow and expand, Announced the acquisition of Levine Financial Group (LFG). New markets across Canada. The move to acquire LFG is a strategic step to bring Nicola Wealth’s integrated approach to wealth planning and its diversified investment platform to healthcare professionals across Ontario.

“I have worked closely with Nicola Wealth for over 12 years,” said Elliott Levine of Levine Financial Group. “Integrating with Nicola Wealth is an organic move for us. We share core values ​​and dedication. We feel Nikola’s expertise in private equity, mortgages, debt and institutional real estate is superior to what most other traditional investment advisors offer. Moreover, their level of reporting, modeling and service is, in my view, unmatched.”

The acquisition of LFG is consistent with Nicola Wealth’s strategic approach to growth across the country. LFG’s established team brings entrepreneurial spirit and motivated talent while further expanding its reach across Ontario.

“We are delighted to welcome Levine Financial Group into the Nicola Werth family. We feel they will benefit from the platform.” “Together, we can provide the comprehensive planning healthcare professionals need as they consider the financial complexities of the future.”

In this acquisition, both Nicola Wealth and LFG will continue to operate independently while optimizing shared initiatives and identifying opportunities for collaboration.

About Nicola Wells

Nicola Wealth is an independent wealth management firm dedicated to serving the complex needs of high net worth families, entrepreneurs and skilled individuals of all walks of life. Today, the firm serves clients across Canada, has offices in BC and Ontario, manages more than $12.7 billion in assets under management (AUM), and manages real estate, private equity, private equity, and private equity. We invest in a wide range of asset classes, including equities. Debt, commercial mortgages, etc. Over the years, Nicola Wealth has been recognized as Deloitte’s Best Managed Company (Platinum Member), Canada’s Top 100 SME Employer, BC’s Top Employer, One of Canada’s Most Admired Corporate Cultures, and was recognized by Wealth Professionals Canada. was named the 2022 Employer of Choice.

For more information, please visit www.nicolawealth.com..

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