Business

Firm acquired

Investment-management firm Wellington West – which has a South Surrey branch at Windsor Square – has been acquired by National Bank Financial Group.

According to a release last month, National Bank previously owned 18.2 per cent of common shares in Wellington West, which has 50 branches and 223 advisors across Canada.

The South Surrey branch, known as Shewfelt McMillan Group, joined Wellington West in 2001, and senior vice-president Nancy Shewfelt also sits on the company’s board of directors.

The sale is expected to close next month.

 

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