M and A

Deals Of The Day: The Latest In Wealth Management M&A – tru Independence

Editorial Staff September 21, 2023


The latest deals and transactions in and around the North American wealth management sector.

tru Independence, 44 North Capital
Vermont-based wirehouse breakaway firm 44 North Capital, overseeing $165 million of client money, has allied with tru Independence.

The 44 North Capital business is led by founder and managing partner Jonathan Landry, a former NHL defenseman. 

The addition of the firm marks the fifth team tru independence has partnered so far in 2023, totaling $2.1 billion of client money. 

44 North's selection of tru independence was significantly influenced by the firm's “Experience As a Service (EAS) platform,” tru independence said in a statement.

Landry is joined at 44 North by Lexie Forest, director of financial management and planning, a former colleague from the Wheel Landry Group. Forest brings more than a decade of industry experience, including almost four years as a financial advisor. The team is supported by Billie Crane, senior associate for client service.

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes