Richter Acted as Investment Banking Advisor to Levine Financial Group

November 2022 – Richter acted as investment banking advisor to Levine Financial Group in the sale of the business to Nicola Wealth, one of Canada’s fastest-growing private investment counsel firms. The transaction was led by Richter’s Alon Wexler and David J. Stein

is part of Nicola Wealth’s strategy to grow and expand into new markets and offer their wealth planning and diversified investment platform to medical professionals across Ontario. In this acquisition, both Nicola Wealth and will continue independent operations while identifying opportunities to optimize and collaborate on shared initiatives.

Richter would like to congratulate Elliott Levine and the team at Levine Financial Group and wish them success in this next chapter of their storied history.

About Richter

Richter is a Business | Family Office that provides strategic advice on business matters and on families’ financial and personal objectives across generations. With close to 100 years of experience advising at the intersection of family and business, Richter has developed an integrated approach to help business owners find sustainable success. Whether business, personal, or both, Richter is uniquely positioned to address the needs of Canada’s most successful entrepreneurs, private clients, business owners and business families and help them chart a clear path to shape their legacy for the future. Founded in 1926, Richter’s 600-person multidisciplinary team continuously innovates to create value for our people, clients, and community in Canada and in the US.

Learn more about our transaction advisory practice.

About Levine Financial Group

Levine Financial Group specializes in physicians’ insurance, tax, wealth, and estate planning issues. The primary asset for a physician lies in their capacity to generate income. Similarly, as the chosen insurance provider for 19 Ontario Medical Associations, their paramount asset is proficiency and extensive background in collaborating with physicians.

For more information, visit Levine Financial Group

About Nicola Wealth

In 1994, leveraging his 20 years of esteemed industry experience, John Nicola established Nicola Wealth. This firm is committed to catering to the intricate requirements of high-net-worth families, entrepreneurs, and professionals. Dissatisfied with the conventional methods and recognizing the need for advanced planning, Nicola Wealth has embraced innovation as a fundamental principle. The firm persistently seeks avenues to enhance client returns and elevate their overall experience. It is based in Vancouver, British Columbia.

For more information, visit Nicola Wealth