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An Ottawa investment broker has acquired a controlling interest in a booming boutique wealth-management firm whose high-powered client roster includes local tech glitterati such as Shopify’s Tobi Lütke and Harley Finkelstein. Cameron Passmore, a longtime partner and portfolio manager in the Ottawa office of PWL Capital, announced earlier this month he is now the firm’s majority shareholder after purchasing co-founder Anthony Layton’s stake in the company. Passmore will also take over as executive chairman from Layton, who is retiring. Financial terms of the transaction, which closed ...
An Ottawa investment broker has acquired a controlling interest in a booming boutique wealth-management firm whose high-powered client roster includes local tech glitterati such as Shopify’s Tobi Lütke and Harley Finkelstein. Cameron Passmore, a longtime partner and portfolio manager in the Ottawa office of PWL Capital, announced earlier this month he is now the firm’s majority shareholder after purchasing co-founder Anthony Layton’s stake in the company. Passmore will also take over as executive chairman from Layton, who is retiring. Financial terms of the transaction, which closed ...