Gluskin Sheff

Last updated
Gluskin Sheff + Associates Inc.
IndustryInvestment Companies
FounderGerald Sheff and Ira Gluskin
Headquarters,
Parent Onex Corporation
Website www.gluskinsheff.com

Gluskin Sheff + Associates Inc. is a Canadian independent wealth management firm that manages investment portfolios for investors, including entrepreneurs, professionals, family trusts, private charitable foundations and estates. The company was founded in 1984 by Ira Gluskin and Gerald Sheff. [1] The company went public in 2006, listing on the Toronto Stock Exchange (TSX) under the symbol "GS". It was subsequently purchased and privatized by Onex Corporation for $445 million in March 2019. [2] In March 2023, Onex announced that Gluskin Sheff would be transferred to RBC Wealth management as it winds down its wealth management operations. [3]

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References

  1. Ligaya, Armina (25 September 2013). "Gluskin Sheff founders selling off stake in firm worth $122-million". Financial Post .
  2. "Onex to buy wealth manager Gluskin Sheff in $445 million deal". Financial Post, Postmedia Network Inc. 25 March 2019. Retrieved 2 April 2020.
  3. "Onex merges part of Gluskin Sheff with RBC after advisers planned early exit". Globe and Mail, Postmedia Network Inc. 26 March 2023. Retrieved 26 March 2023.