Harbourfront Wealth Group to Acquire Cumberland Private Wealth

▤ Summary

Harbourfront Wealth Group plans to acquire Cumberland Private Wealth in a deal expected to close in the third quarter of 2026. The transaction will add about $5 billion in assets under administration and expand Harbourfront’s presence in Toronto and Calgary. Harbourfront says the acquisition will bring stronger technology, operations, and broader capabilities to Cumberland clients and advisors. The deal continues Harbourfront’s acquisition strategy and reflects ongoing consolidation in Canada’s independent wealth management sector.

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