National professional services firm, MNP announced March 13 that it has acquired Toronto-based high-net-worth and ultra-high-net-worth insurance advisory firm, Sterling Park Financial Group Inc., effective March 3.
The team of insurance, estate and tax professionals specialize in innovative and comprehensive insurance and tax planning solutions for businesses and families. “They offer highly customized strategies, including liquidity solutions for estate plans, pre-funding estate taxes, intergenerational transfer of wealth planning and strategic philanthropy,” MNP writes in its announcement about the firm’s acquisition. Founding partners, Zak Goldman and Jonah Mayles will join MNP as partners working on the firm’s family office offerings.
The two companies came together over work on cases for mutual clients in recent years.
“We’ve been looking for a team with this particular area of expertise for some time now, as it is highly complementary to the services that we offer our clients around wealth preservation and estate planning,” says Tanya Knight, executive vice president, clients and services with MNP.
Mayles adds that Sterling’s current clients will also benefit from having access to a broader network of specialists across all areas of Canadian business. “We are absolutely delighted to join the MNP family,” he says.
