Harbourfront Wealth Announces New Strategic Investment by Berkshire Partners at C$1.775B Valuation
Harbourfront Wealth Group (“Harbourfront”), a leading Canadian independent wealth management firm, today announced it has entered into a definitive agreement to receive a strategic investment from Boston-based private equity firm Berkshire Partners. Audax Private Equity, Harbourfront’s existing capital partner, will maintain a significant interest in Harbourfront following the completion of the deal. The transaction, valued at C$1.775 billion, is subject to customary closing conditions and regulatory approvals, and expected to close in the second half of 2026.
Harbourfront Wealth Group to Acquire Cumberland Private Wealth
Harbourfront Wealth Group (“Harbourfront Wealth”) is pleased to announce it will acquire Cumberland Partners Limited and its subsidiaries (“Cumberland”), marking its fifth acquisition in three years. The transaction will accelerate Harbourfront Wealth’s growth across Canada, expand its presence in Toronto and Calgary, and add approximately $5 billion in assets under administration.
Harbourfront Wealth Group Appoints Wealth Management Veteran as Chief Executive Officer
Harbourfront Wealth Group (Harbourfront Wealth), announces the appointment of Richard McIntyre as Chief Executive Officer, effective April 20, 2026.
