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Wealth of influence: Investment broker to Ottawa s tech stars takes control of boutique firm PWL Capital

An Ottawa investment broker has acquired a controlling interest in a booming boutique wealth-management firm whose high-powered client roster includes local tech glitterati such as Shopify’s Tobi Lütke and Harley Finkelstein. Cameron Passmore, a longtime partner and portfolio manager in the Ottawa office of PWL Capital, announced earlier this month he is now the firm’s majority shareholder after purchasing co-founder Anthony Layton’s stake in the company. Passmore will also take over as executive chairman from Layton, who is retiring.  Financial terms of the transaction, which closed on May 1, were not disclosed. Founded in 1996 and originally based in Montreal, PWL Capital has carved out a lucrative niche as something of an investment broker to the stars in the National Capital Region. The firm has built a particularly loyal following among movers and shakers in Ottawa’s close-knit tech community, where it has gained popularity for its use of passive index investing tha

Wealth of influence: Investment broker to Ottawa s tech stars takes control of boutique firm PWL Capital

An Ottawa investment broker has acquired a controlling interest in a booming boutique wealth-management firm whose high-powered client roster includes local tech glitterati such as Shopify’s Tobi Lütke and Harley Finkelstein. Cameron Passmore, a longtime partner and portfolio manager in the Ottawa office of PWL Capital, announced earlier this month he is now the firm’s majority shareholder after purchasing co-founder Anthony Layton’s stake in the company. Passmore will also take over as executive chairman from Layton, who is retiring.  Financial terms of the transaction, which closed on May 1, were not disclosed. Founded in 1996 and originally based in Montreal, PWL Capital has carved out a lucrative niche as something of an investment broker to the stars in the National Capital Region. The firm has built a particularly loyal following among movers and shakers in Ottawa’s close-knit tech community, where it has gained popularity for its use of passive index investing tha

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