Wildeboer Dellelce acts for Nest Wealth in Expanded Partnership with National BankJuly 07, 2020
On July 7, 2020, Nest Wealth Asset Management Inc., a leader in financial investment technology, and National Bank of Canada (acting through NAventures, its corporate venture capital arm) announced a comprehensive expansion of their partnership.
In doing so, National Bank completed an additional strategic minority investment in Nest Wealth, which follows its initial investment in Nest Wealth in 2017, and extended the scope of its commercial relationship with Nest Wealth in order to accelerate the development of its digital initiatives. National Bank intends to expand the use of Nest Wealth’s products and services within National Bank’s retail division, as well as to begin providing Nest Wealth’s technology solutions to National Bank Independent Network (NBIN), Canada’s largest provider of custodial, trading, clearing, settlement and record-keeping services to independent registered portfolio managers and investment dealers.
Wildeboer Dellelce LLP acted for Nest Wealth in connection with the investment by National Bank and the development of the related commercial agreements with a team comprised of Geoffrey Cher, Melissa Smith and Jeff Arnold (corporate/securities) and Katy Pitch and Marija Tasevska (tax).
Nest Wealth Asset Management Inc.
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