Manulife buys financial planning firm Wellington West
TORONTO Aug 29 (Reuters) - Manulife Financial Corp , Canada's largest life insurer, said on Wednesday it has acquired financial planning firm Welling West Financial Services from National Bank of Canada, the nation's No. 6 bank.
The deal adds 39 financial advisers and about C$900 million in assets under administration to Manulife Securities, the Canadian dealer arm of the insurance company.
Terms of the deal were not disclosed.