PI Financial Corp., Echelon Wealth Partners Inc., Highgate Group Inc.

The New Self-Regulatory Organization of Canada has approved an ownership restructuring whereby PI Financial Corp. (PIFC), Echelon Wealth Partners Inc. (EWPI) and Groupe Highgate Inc./Highgate Group Inc. (Highgate), New SRO dealer members, have common ownership. As part of this restructuring, H.I.G. Capital LLC divested itself of its voting ownership interest in PIFC and ceased to have a voting ownership interest in any New SRO dealer members, pursuant to the IDPC Rules 2106 and 2108.

The effective date of this transaction was April 1, 2023.