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S&V Planning Corporation, a Victoria, B.C.-based MGA, has joined forces with Financial Horizons Inc.

The transaction involved the purchase of 100% of the shares of S&V Planning Corporation by Financial Horizons Inc. in exchange for cash and shares in Financial Horizons Group Inc. The transaction closed on October 31, 2014.

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Financial Horizons Group operates nationally with four regions: Ontario; Atlantic Canada; Quebec; and western Canada.

The management team, office and staff of S&V Planning Corporation will remain essentially unchanged, says a media release.

“We are very excited about the addition of S&V,” says Paul Isaacson, president of Financial Horizons in Western Canada. “We now have a significant footprint in B.C. with the intellectual capital and infrastructure to support the advisors in their business.”

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Dennis Smith, president of S&V Planning, adds, “In addition to the benefit of Financial Horizons’ size and strength, they have the same corporate culture as S&V when it comes to service and integrity for both our advisors and for our staff.”

Originally published on Advisor.ca

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