CWB introduces CWB Wealth Management Ltd.

EDMONTON, February 17, 2016 – CWB is pleased to announce the launch of CWB Wealth Management, a company dedicated to providing comprehensive financial planning, advisory and wealth management services. Clients will benefit from a team of experienced wealth management experts and services rooted in independent research as well as a strong focus on risk management and long-term performance. CWB Wealth Management takes a collaborative, relationship-driven approach to business by offering products and service directly as well as through its three affiliated companies: Canadian Western Financial, Adroit Investment Management and McLean & Partners Wealth Management. David Schaffner, previously the president and chief executive officer at Leith Wheeler Investment Counsel Ltd., has been appointed as president and chief executive officer of CWB Wealth Management. 

“We’re excited to bring together the knowledge and expertise of our existing wealth management teams under one umbrella,” said Schaffner. “It gives us the opportunity to serve, advise and support clients with diverse wealth management needs by leveraging our internal network of trusted subject matter experts and financial planning professionals.” 

"This is another positive step in our long-term growth strategy,” said Chris Fowler, CWB’s president and chief executive officer. “We’ve been very pleased to grow our wealth management offering over the years with the acquisition of Adroit Investment Management in 2008 and McLean & Partners Wealth Management in 2013. This next step will enhance our ability to offer clients relevant products and services that meet their needs, delivered with the personalized service they expect from CWB.” 

CWB branches will continue to offer a range of mutual funds from Canada’s leading fund companies through Canadian Western Financial. CWB Wealth Management clients will also have access to a new, exclusive, line of proprietary mutual funds, the CWB Onyx Portfolio Series, scheduled to launch later this month.


For further information, please contact: 

 
David Schaffner 
President and CEO
CWB Wealth Management
Phone: (604) 669-0081
E-mail: [email protected] 
 
Matt Evans, CFA 
Assistant Vice President, Investor Relations 
Canadian Western Bank
Phone: (780) 969-8337
E-mail: [email protected]