The firm said the hire is a major milestone as it looks to build out its wealth management business.

Dundee Corporation, the Canadian independent holding company, has recruited Adam Donsky in the new role of chief investment officer of its new investment counsel and portfolio management platform for wealthy clients.

Donsky will take up his new role on January 4, 2016, at what will be Dundee's Goodman & Company, Investment Counsel Inc.

Donsky was previously a vice president and lead portfolio manager at 1832 Asset Management, a wholly-owned division of the Bank of Nova Scotia. In his role as lead portfolio manager, he provided investment counsel to the firm's high net worth client group. During his tenure there he was also lead portfolio manager of the family of Dynamic Blue Chip Funds.