Canadian firm snaps up L.A.-based wealth manager with $7.3B in assets
Fiera Capital pays $125M for Bel Air Investment Advisors, also buys N.Y. manager Wilkinson O'Grady.
Montreal-based Fiera Capital Corp. said yesterday it reached an agreement to acquire Los Angeles-based Bel Air Investment Advisors LLC, an ultra-high net worth firm with $7.3 billion under management and advisement.
Publicly traded Fiera (TSX: FSZ) will pay $125 million for Bel Air, with a maximum o
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