ATB Financial acquires Manitoba's BCV Asset Management in wealth management expansion

The acquisition, part of ATB's broader growth strategy, will allow BCV to continue operating as a standalone subsidiary.

ATB Financial has announced an agreement to acquire BCV Asset Management Inc. The Manitoba-based portfolio management firm, with over $5.8 billion in assets under management, will become a standalone subsidiary of ATB Financial.

Founded in 2007, BCV will remain headquartered in Winnipeg, with its current brand, leadership and portfolio management teams i…