ECHELON Names New Co-Heads to Lead Capital Markets Division

TORONTO, March 9, 2020 – Echelon Wealth Partners Inc. (Echelon) is proud to announce that Asad Said and Karanjit S. Bhugra have both been named Co-Head of Capital Markets effective today. The pair will assume the leadership of the Capital Markets division in a move that provides the company readiness for expansion of services and increasing best-in-class solutions to institutional and corporate clients.

Karanjit and Asad, each have over 15 years’ experience in corporate finance in various capital markets’ roles among the top financial institutions in Canada including major banks and Deloitte Corporate Finance. Both will join the Senior Leadership Team of Echelon and engage in leveraging capital markets solutions more fully throughout the company.

With their combined experience, Asad and Karanjit, bring a vibrant vision of expansion and best-in-class advice to clients with a history of entrepreneurial success, states David Cusson, CEO.

As Co-Heads, Asad and Karanjit are well-suited to lead the capital markets teams at Echelon including Investment Banking, Equity Capital Markets, Origination, Mergers & Acquisitions, Sales and Institutional Trading and Research. Asad will apply his extensive experience in M&A, IPOs, mid-market equity debt and financing deals including bought deals, private placements and follow-on equity deals. While Karanjit will also cover M&A in addition to structured finance, capital advisory services and origination. Together, they expect to bolster the growth opportunities for Echelon

“There are significant opportunities in the Canadian mid-market investment banking space, including offering companies a full-suite of capital raising (both equity and debt), as well as strategic advisory services” says Asad, while Karanjit adds “The Capital Markets platform within Echelon presents a unique value proposition for the Canadian middle-market community. This, coupled with Echelon's entrepreneurial spirit, resonates with clients, and we are excited to participate in its next stage of growth.”

David Cusson, CEO, wants to thank Dave Anderson, retiring as Head of Investment Banking for his numerous contributions and welcome him as our Vice-Chairman. “Dave has spent the majority of his career in service to Bay Street among legendary finance figures, himself included. We once again thank him for his unwavering dedication and service to Echelon and look forward to benefit from his considerable relationships and reputation,” says David Cusson.

About Echelon Wealth Partners

Echelon Wealth Partners Inc. is a Canadian independent wealth management and capital markets firm known for its client-centred approach and innovative, entrepreneurial spirit. The company has approximately 60 Advisor and Portfolio Manager Teams with more than $6 billion in assets under administration and management. Echelon offers a wide range of financial services for individuals, households, institutions and corporate clients from its offices in Toronto, Oakville, Ottawa, London, Montreal, Saskatoon, Calgary, Edmonton, Vancouver and Victoria. Echelon Wealth Partners is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). For more information, please visit www.echelonpartners.com.

For more information, media may contact: 
Deborah McGrath
Chief Marketing Officer 
Echelon Wealth Partners 
dmcgrath@echelonpartners.com