Fiera Capital Corp. (
TSX: T.FSZ,
Stock Forum) has announced two deals worth a combined US$156.3 million under which it is acquiring a prominent U.S. wealth management firm and a global asset manager.
Fiera says in a press release the deals for Los Angeles-based Bel Air Investment Advisors LLC and an affiliate as well as New York-based Wilkinson O'Grady & Co. Inc. are part of its strategy of expanding into U.S. markets.
Fiera shares eased 0.89% to $11.19.