Customplan Financial Advisors Inc. joins PEAK Financial Group

Customplan Financial Advisors Inc. joins PEAK Financial Group

Canada NewsWire

MONTREAL, Jan. 11, 2013 /CNW Telbec/ – PEAK Financial Group is
continuing to expand, strengthening its insurance of persons sector in
Western Canada. One of the largest and most established MGAs in Western
Canada
, Customplan Financial Advisors Inc. joins forces with PEAK
Insurance Services, PEAK’s insurance dealer. Concluding this
transaction during its 20th anniversary year, PEAK is expanding its well-established network of more
than 1,300 independent financial Advisors and registered professionals
in Canada and is diversifying its revenues in a geographic sector that
offers considerable opportunities. Three years after acquiring
Promutuel Capital and five years after purchasing AXA Financial
Services, this continued expansion reflects PEAK’s ambition to grow as
one of the largest fully independent financial groups throughout the
entire country.

This transaction will allow PEAK Insurance Services and Customplan
Financial Advisors to significantly strengthen their positions in the
MGA market, particularly in Western Canada. Having already acquired
Greater Montreal Financial Services in 2002, PEAK Insurance Services is
a leading national insurance of persons distributor, providing access
to more than 20 insurance companies. Customplan Advisors will double
the size of PEAK’s insurance dealer, created almost 15 years ago. With
five local offices in British Columbia, Alberta and Saskatchewan, PEAK
will strengthen its Advisor support, network facilitation and business
development services in a major way.

“After our five-year strategic alliance, we are delighted that
Customplan Financial Advisors have joined us. This transaction is
undeniable proof of our growth in the insurance sector and our
favourable positioning,” said Robert Frances, President and CEO of PEAK
Financial Group. “We are proud to further deepen our relationship with
the professionals and industry leading people at Customplan,” he added.

“We are proud of our alliance with PEAK. PEAK’s vision, commitment and
values are literally identical to our own and will allow Customplan
Advisors to enhance their activities in mutual funds and securities in
a climate where their independence will be fully respected,” said Karl
Krokosinski
, President and CEO of Customplan Financial Advisors.

About PEAK Financial Group

Founded in 1992, PEAK Financial Group, Canada’s premier independent full
service dealer, has an unrivalled reputation in the financial services
industry and provides its expertise to a network of over 1,000
independent financial Advisors and registered professionals, well
established in wealth management, mutual funds, securities, insurance
and financial planning.

PEAK Financial Group has over $ 6 billion in assets under administration
and an enviable life insurance portfolio. PEAK Financial Group is
comprised of 4 member companies: PEAK Investment Services Inc., PEAK
Financial Services Inc., PEAK Securities Inc. and PEAK Insurance
Services Inc.

Thanks to the shared values of integrity, independence, and innovation
within PEAK Financial Group, PEAK and its network of independent
financial Advisors have earned the trust of over 135,000 investors, from
coast to coast.

About Customplan Financial Advisors

Founded in 1978, Customplan Financial Advisors has a network of over 300
Advisors in British Colombia, Alberta, Saskatchewan, Ontario and
Newfoundland. Fully independent, Customplan is one of the largest and
most established MGAs in insurance, investments and financial planning
in Western Canada.

Business in Vancouver Magazine lists Customplan as largest Independent financial planning firm in the
Greater Vancouver Regional District.

SOURCE PEAK Financial Group

PDF available at: http://stream1.newswire.ca/media/2013/01/11/20130111_C5273_DOC_EN_22430.pdf

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