Privest Wealth Management Inc. (“Privest”) is pleased to announce the completion of its acquisition of Exempt Market Dealer assets of Sloane Capital Corp. (“Sloane”). This transaction approximately doubles the number of Privest’s Dealing Representatives, extends Privest’s footprint to a truly national level, and adds several valuable corporate personnel and systems.
Dean Lower, Privest’s President, comments, “We are very pleased to have completed this acquisition. Sloane has been an active Exempt Market Dealer for 6 years, and has some tremendous people in its ranks. Stephen Freedman, Sloane’s President, has built something very special here, and is to be commended.” Mr. Freedman will be joining the Privest team as part of this transaction and we are looking forward to working with him in the months and years ahead.
Stephen Freedman, Sloane’s President, comments
“Having been in the Financial Services industry for over 40 years I am excited with the opportunities in the Exempt Market. Dean and his team at Privest understand what it takes to be the premier Exempt Market Dealer in Canada. I am extremely proud of the achievements of the Sloane DR’s and, along with their Privest counterparts, their talent will contribute to make Privest the Exempt Market Dealer of choice for both Investors and Dealing Representatives.”
Privest is an Exempt Market Dealer headquartered in Calgary, Alberta. Incorporated in 2010, Privest has grown in size and sophistication since inception and now enjoys the distinction of being Canada’s top National Exempt Market Dealer. With a semblance of reputable stakeholders, board members, executives, designated representatives, strategic partners and staff, Privest expects to continue to lead its market segment in the months and years ahead.
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Prior to its sale to Privest, Sloane had been a registered Exempt Market Dealer headquartered in Toronto, Ontario for 6 years. Sloane has a team of respected Dealing Representatives, and developed valuable systems to lead the industry in transaction processing and learning management.
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