Financial Horizons Acquires S&V PlanningBy Andrew Rickard | November 06 2014 07:04AM
Financial Horizons Group has bought all of the shares of S&V Planning Corporation, a managing general agency in Victoria, British Columbia. The purchase was completed on October 31. The dollar value of the transaction was not disclosed.
In a press release announcing the acquisition, Financial Horizons president and CEO John Hamilton said that the management team, office, and staff of S&V Planning will remain "essentially unchanged", and that it would be “business as usual” for the MGA's advisors.
“We are very excited about the addition of S&V. We now have a significant footprint in BC with the intellectual capital and infrastructure to support the advisors in their business,” commented Paul Isaacson, Horizon's president for western Canada. “We intend to be a major player in Western Canada and the addition of S&V to our existing framework will certainly help us to achieve that.”