KJ Harrison & Partners Acquired by Harbourfront Wealth in CAD $2.2 Billion Deal
Deal News | Apr 25, 2025 | Globenewswire
Harbourfront Wealth Holdings Inc. has announced the acquisition of KJ Harrison & Partners, enhancing its comprehensive wealth management services in Canada. With this acquisition, Harbourfront Wealth's assets under administration approach CAD $11 billion. Both companies share a commitment to client-centric independent wealth management, marking strategic growth for Harbourfront in high-net-worth and family office services. KJ Harrison, a well-regarded firm founded in 2001, is known for personalized wealth solutions. This acquisition provides them with access to advanced investment platforms and technologies, bolstering their client services.
Sectors
- Wealth Management
- Financial Services
Geography
- Canada – The acquisition involves two Canadian companies, Harbourfront Wealth and KJ Harrison & Partners, and this strengthens Harbourfront's presence in the Canadian market.
Industry
- Wealth Management – The article discusses Harbourfront Wealth's acquisition of KJ Harrison & Partners, both of which operate in the wealth management industry.
- Financial Services – Both Harbourfront Wealth and KJ Harrison & Partners provide financial advisory and investment management services.
Financials
- CAD $2.2 billion – Value of KJ Harrison & Partners as a Canadian Investment Regulatory Organization (CIRO) dealer.
- CAD $11 billion – Total assets under administration (AUA) post-acquisition for Harbourfront Wealth.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Harbourfront Wealth Holdings Inc. | Bidding Company | Company | An independent wealth advisory and investment management firm based in Vancouver, Canada. |
| KJ Harrison & Partners | Target Company | Company | A private investment and wealth management firm specialized in serving high-net-worth individuals and family offices. |
| Danny Popescu | CEO and Founder | People | Chief Executive Officer and Founder of Harbourfront Wealth Holdings Inc. |
| Joel Clark | CEO | People | Chief Executive Officer of KJ Harrison & Partners. |