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Vancouver-based Harbourfront Wealth Management has hired Paul Marion as its executive managing director of tax and wealth planning.

Marion will create a new tax and wealth planning framework tailored toward ultra-high-net-worth clients, which will be based under a separate division of the company.

“Adding Paul as a core member of our senior leadership team will add meaningful scale, a competitive offering to ultra-high-net-worth customers within the Canadian financial landscape, and capabilities that will enable us to drive greater growth, returns and efficiencies,” said Danny Popescu, CEO of Harbourfront Wealth Management, in a statement.

The company has roughly $2 billion in assets under management and $4 billion in assets under administration.

Marion joins Harbourfront from Telford Wealth, a Vancouver-based independent wealth management firm where he was president. Prior to that, he was at Canaccord Genuity for about 18 years.