November 7th, 2023, Toronto, ON – RN Croft Financial Group Inc., a Toronto-based investment management firm, is pleased to announce the acquisition of Castlemark Wealth Management, a wealth planning and insurance firm, and The Accounting Place, a tax planning and preparation business for individuals and corporations to its integrated wealth management offering. These strategic acquisitions align with the Croft Financial Group’s commitment to an integrated wealth management philosophy, offering clients and advisors a comprehensive suite of financial services under one roof. (Financial details of the acquisition were not disclosed.)
About R N Croft Financial Group
R N Croft Financial Group Inc. (CFG) is a licensed discretionary portfolio management and investment fund management company serving investors and investment professionals across Canada since 1993. CFG’s portfolio managers, financial planners, tax and insurance specialists work together to help achieve the specific goals of their clients. Investors and advisor partners benefit from an integrated wealth management approach, which includes investment, tax, estate, and insurance planning as part of a complete wealth management process.
“We believe in a holistic approach to wealth management,” states Jason Ayres, Chief Executive Officer of Croft Financial Group. “By bringing Castlemark Wealth Management and The Accounting Place into the CFG family, we’re furthering our promise to provide clients and advisors with access to an all-encompassing wealth management strategy. Not only are we enhancing our service offering and value adds to our client and advisor relationships but also growing our business at the same time.”
The acquisition of both firms strengthens CFG’s position in the financial services market, breaking down traditional barriers to communication and information sharing between financial service professionals and paving the way for an innovative, client-centric approach to integrated wealth management.
“These acquisitions enable CFG to adapt to a growing trend in the financial service industry, where convenience and comprehensive service are key differentiators,” adds Ayres. “Clients are increasingly seeking a more personalized and integrated approach to their financial services and CFG is now able to deliver. By bringing these services under one roof, CFG can now provide a seamless experience that aligns investment decisions with tax, insurance, financial and estate planning solutions for our clients. “
About Castlemark Wealth Management
Founded by Robyn Thompson, Castlemark Wealth Management has provided customized financial planning and wealth management strategies to families, professionals, and senior executives for more than a decade. Castlemark’s award-winning financial professionals bring years of practical experience in investment and wealth management, retirement planning and decumulation strategies as well as insurance and estate planning.
“Joining forces with Croft Financial Group is a testament to our shared values and vision for the future of wealth management,” adds Founder, Robyn Thompson. “Together, we will achieve greater synergy and offer our clients a more comprehensive financial experience.”
About The Accounting Place
Led by Alan Rowell, The Accounting Place has been providing expertise in corporate and personal tax filing and planning for more than 23 years.
“In today’s complex financial landscape, integrated services are now more critical than ever,” concludes Founder Alan Rowell. “We’ve been working with Croft clients and their portfolio managers with great success for years and we’re excited to be officially part of the group, contributing our tax expertise to their holistic strategy, ensuring that clients have access to the best in tax planning and filing as an integral part of their wealth management strategy.”
For more information about Croft Financial Group please visit our website www.croftgroup.com and follow us on LinkedIn.
Contact: Jason Ayres, Chief Executive Officer, Croft Financial Group, (905-695-2320), jayres@croftgroup.com