Cynosure holds a 15% stake in Wellington-Altus, whereas 70% is held by the agency’s companions, a key element of its sturdy tradition.

“With our sights set on our subsequent medium-term objective of $50 billion in property, this marks an necessary inflection level in our firm,” says Wellington-Altus founder & chair, Charlie Spiring. “Cynosure has been an incredible associate on our journey, and this enormous vote of confidence bolsters our rock-solid stability sheet and helps propel our progress to the following degree.”

Based in 2017, Wellington-Altus Monetary is the dad or mum firm to Wellington-Altus Non-public Counsel, Wellington-Altus USA, Wellington-Altus Insurance coverage, Wellington-Altus Group Options, Wellington-Altus Asset Administration, and Wellington-Altus Non-public Wealth.