Montreal-based Fiera completes acquisitions of US investment firms

Montreal-based investment firm Fiera Capital Corp. has closed its previously announced buys of LA-based Bel Air Investment Advisors, its affiliate Bel Air Securities and New York based investment manager Wilkinson O’Grady & Co. The transactions were valued at approximately $156.3 million. According to Fiera, the acquisitions are part of the company’s strategy to expand into the U.S. market.


MONTREAL, Oct. 31, 2013 /PRNewswire/ — Fiera Capital Corporation (“Fiera” or the “Firm”) (TSX: FSZ) announced today that it has completed its previously announced acquisitions of Los Angeles, California based Bel Air Investment Advisors LLC as well as its affiliate Bel Air Securities LLC (collectively “Bel Air”), and New York based investment manager Wilkinson O’Grady & Co., Inc. (“Wilkinson O’Grady”) (the “Transactions”).
These acquisitions are part of Fiera’s strategy to expand into the U.S. market, and add approximately $8.1 billion in assets under management, and an additional $1.3 billion in consulting assets to Fiera’s private wealth sector. The aggregate purchase price in connection with the Transactions amounted to approximately $156.3 million.
About Fiera Capital Corporation
Fiera Capital Corporation is a leading publicly traded, independent investment firm. The Firm is one of only a handful of full service, multi-product investment firms in Canada, offering clients a proven top tier track record in Canadian and foreign equity and fixed income management as well as depth and expertise in asset allocation and non-traditional investments.
Additional information relating to the Firm, including the Firm’s annual information form, is on SEDAR at
About Bel Air Investment Advisors
Established in 1997, Bel Air Investment Advisors LLC is a prominent independent wealth management advisory firm, providing financial advisory, and asset and investment management services to exclusively high net worth individuals, families, trusts and foundations with US$20 million or more in investable assets. Headquartered in Los Angeles, California, Bel Air services over 275 families across the United States and oversees approximately C$7.7 billion in assets, including private foundation relationships. For more information, visit
About Wilkinson O’Grady & Co., Inc.
Founded in 1972, Wilkinson O’Grady & Co., Inc. actively manages separate global, domestic and international portfolios for wealthy individuals, families, trusts, endowments, foundations, corporations and other clients. Wilkinson O’Grady & Co. is a global investor that builds client portfolios around enduring investment themes — the economic and social forces that drive long-term change. Wilkinson O’Grady & Co. endeavors to grow client capital by investing in the marketable securities of businesses it believes have attractive financial characteristics, strong management teams and significant market opportunities.