Knowledge First Financial announced Aug. 31 that it has completed the amalgamation of Heritage Education Funds by combining the companies together. The combined RESP company now has assets under management of $6.4 billion, says the company.

The combined company will be known as Knowledge First Financial. Knowledge First has consolidated its head office in Mississauga, Ontario and all Heritage sales representatives will now work with the management of Knowledge First. The combined 1,400 Knowledge First sales representatives in Canada will offer Flex First, “an individual RESP that is as flexible as any RESP product in the market,” says the company.

“We now have a unique leadership position in the RESP industry to continue to help families maximize education savings and contribute to student success,” says George Hopkinson, President and CEO, Knowledge First Financial.