15 August 2018 11:30
Mercer has made the acquisition of the activities of investment consulting, alternative investments and wealth management of Pavilion Financial Corporation. The transaction complements the offer of pension and investment Mercer.
“Our offer retirement plans and investment continues to grow and becomes more sophisticated as we focus to provide best results to a wider range of investors. This acquisition will enable our advisors to best practices in our industry and provide best results to our customers “, says Jean-Philippe Provost, in charge of the domain Assets of Mercer Canada.
Transaction awaiting regulatory approval
The transaction is subject to closing conditions common, including regulatory approvals and shareholders, and is expected to close in the fourth quarter. Pavilion will thus become an integral part of Mercer and its clients will continue to have access to customized consulting services.
The company has about 300 employees and has offices throughout North America, London and Singapore. Its headquarters are located in Winnipeg.
In the United States, Pavilion is a company that specializes in the areas of defined contribution plans, endowments and foundations, health care and insurance. In Canada, she works mainly in the area of private wealth management.