On September 24, 2015, Raymond Chabot Grant Thornton and Altium Wealth Architecture Inc. reached an agreement on a transaction to enable Altium’s team, under Sam Younès, President and Chief Executive Officer, to benefit from greater independence and operational flexibility. Accordingly, Raymond Chabot Grant Thornton has ceded its interest to the Altium team, whose members will become the sole shareholders.
The mutually agreed upon transaction was concluded mainly because Altium has achieved a significant level of maturity, with close to $500M in assets under supervision, and requires greater operational agility and autonomy. In Raymond Chabot Grant Thornton’s case, the decision stems from the will to provide Altium with the requisite leeway to achieve its objectives.
The current team will continue to apply the high quality standards its clients have come to expect since it began operations. Altium will remain at its current location (Suite 2000, 600 De La Gauchetière Street West, Montréal) until November 2015 and will then relocate in downtown Montréal (more details will be posted on the Altium website: www.altium.ca).
Raymond Chabot Grant Thornton wishes Altium the continued success they deserve, as they continue to grow and unlock their full potential.
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Senior Consultant, Public Relations
Raymond Chabot Grant Thornton