McDougall Insurance has acquired two more financial services firms.
Income First Financial Ltd. is a successful financial planning practice operating out of Kingston which will
integrate with McDougall’s existing Kingston office to ensure an improved and well-rounded experience
for both McDougall’s existing “Property & Casualty” – and new “Financial Services” – clients.
“My team and I are thrilled to be joining a leading organization like McDougall.” Said Jeff Bennett,
President of Income First. “I started this business to put the income of my clients first – and I know that
merging operations with McDougall will improve what my team and I are able to deliver to our clients.”
“This acquisition represents the fourth of this year for McDougall involving Financial Services (adding to
DJE & Associates, St. Albert Financial, and Duliban Life & Group Benefits),” said Lorne McDougall, Vice-
President at McDougall Insurance. “Financial Services are a perfect complement to our existing P&C
business, and Income First is a great example of why. Combining our businesses in Kingston will elevate
the experience for all of our clients – without sacrificing the core of what makes both Income First and
McDougall so great.”
McFarlan Rowlands Insurance Brokers Inc. (“McFarlan”), a division of McDougall Insurance Brokers Limited , is pleased to announce the acquisition of Burton Financial Group Inc. in western Ontario.
Burton and McFarlan already have a storied partnership and look forward to working more closely together now that they are part of the same corporate family.
This acquisition provides significant resource and scale advantages to the clients served by Burton while expanding McFarlan’s growth in financial services.
“I couldn’t be more excited to be joining with McFarlan.” said Chris Burton, President of Burton. “Burton
and McFarlan already have a wonderful working relationship and being able to turn that into one family
will only help Burton and McFarlan’s clients.”
“Financial services are a core part of McFarlan’s future” said Jason Schneider, President of McFarlan.
“Furthering our expertise in this area will only help our existing clients and provide them with better
service and more choice. We are happy to share that, as part of this transaction, Chris Burton will
assume leadership of all of McFarlan’s financial services operations.”
Both acquisitions were effective December 1.
