Scotia Jarislowsky Fraser wealth brand
JF Private Wealth and Scotia Private Investment Counsel are scheduled to combine under the Scotia Jarislowsky Fraser name in Canada in 2026.
Investment Management
Scotiabank's Canadian institutional asset manager, built on a 1955 Montreal research boutique known for quality investing and governance activism.
Jarislowsky Fraser was founded in Montreal in 1955 as a securities research firm and grew into one of Canada's best-known institutional managers, with a reputation for quality-focused, research-driven investing and shareholder-governance advocacy. Scotiabank bought it in 2018. On 2025-11-01 JFL's business moved into 1832 Asset Management L.P. (Scotia Global Asset Management), and the name now covers the Canadian institutional business: more than $40 billion for pension funds, foundations, endowments, corporations and Indigenous communities. The private wealth side combines with Scotia Private Investment Counsel as Scotia Jarislowsky Fraser in 2026. For candidates, the in-house Global Investment Team of about 30 portfolio managers and analysts runs equity and fixed income research, with client teams in Toronto, Montreal, Calgary and Vancouver.
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Custom segregated portfolios for pension plans; the firm's first pension mandate dates to 1966.
Describes itself as one of Canada's largest managers of foundation and endowment assets.
Sub-advisory mandates and model portfolios for SMA and wrap programs, mutual funds and ETFs offered by other financial institutions.
A dedicated team has served Indigenous communities since 1999, building custom portfolios for capital preservation and long-term growth.
An in-house team builds concentrated quality-equity portfolios and runs credit-focused fixed income, with an Investment Strategy Council overseeing the process.
| Montreal | QC | office |
| Toronto | ON | office |
| Calgary | AB | office |
| Vancouver | BC | office |
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From the inside
Reasons that work in interviews
3 reasons for Jarislowsky Fraser Institutional
The firm’s investment philosophy is published and almost no candidate reads it. Quoting a manager’s own stated criteria back to them, with one company you applied it to, beats any structural reason here. Say which part you agree with and, if you can defend it, one part you would push on.
Quality growth philosophy with a long history and a founder whose writing on governance is worth reading before the interview.
Montreal-based institutional mandates.
Scotiabank ownership with investment independence preserved.
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Winter 2027
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Managing Director and Head of Global Institutional Distribution
Institutional distribution
Leads the institutional distribution business for clients in Canada and globally. He has more than 25 years in the industry, mostly building institutional asset management and distribution businesses.
Photo: jflglobal.com (official) (opens in a new tab)
Head of Ontario & Affiliates and Senior Portfolio Manager, Institutional
Institutional management (Ontario)
Manages and services institutional clients in Ontario. He joined JFL in September 2020 when Scotia Institutional Asset Management was folded into its institutional business; at Scotiabank he had led the institutional client service team.
Head of Western Canada and Senior Portfolio Manager
Institutional management (Western Canada)
Leads the Western Canada institutional practice for pension funds, foundations, endowments, non-profits and family offices. He is a founding member and Co-Chair of the firm's Sustainable Investment Council.
Photo: jflglobal.com (official) (opens in a new tab)
Head of Institutional Business Development - Central and Western Canada
Institutional business development
Joined in 2025 from SEI Investments, where he was Managing Director, Institutional Business Development. He earlier held senior roles at BMO Global Asset Management, Russell Investments Canada and State Street Global Markets.
Head of Institutional Relationship Management, Eastern Canada
Institutional relationship management (Quebec and Atlantic)
Montreal-based head of institutional relationships for Eastern Canada at Scotia Global Asset Management. He spent 17 years in business development at Dynamic Funds and earlier worked at RBC.
Professional information only, drawn from official biographies and published reporting. BSO never lists private contact details.
2025
Dexton BlackstockHire
Head of Institutional Business Development - Central and Western Canada
SEI Investments → Jarislowsky Fraser
Hired in 2025 to lead institutional business development in Central and Western Canada. The official bio gives the year only.
JF Private Wealth and Scotia Private Investment Counsel are scheduled to combine under the Scotia Jarislowsky Fraser name in Canada in 2026.
JFL's business and client accounts move to 1832 Asset Management L.P. (Scotia Global Asset Management); the Canadian institutional business keeps the Jarislowsky Fraser name.
Notice that JFL's operations move to 1832 Asset Management L.P. on 2025-11-01 and that Scotiabank is extending the Jarislowsky Fraser name across its discretionary wealth business.
Scotiabank consolidates its institutional asset management team into JFL's institutional business.
JFL becomes a wholly owned subsidiary of The Bank of Nova Scotia.
The firm wins its first pension fund mandate.
Stephen Jarislowsky's firm begins as a securities research house selling company research to US and UK managers.
No sourced transactions for this firm. BSO publishes a fact only once it can attribute it to a named source, so these stay off the page rather than being filled in from inference. If you know something published that belongs here, it is the fastest way to get it added.
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Jarislowsky Fraser Institutional · Oct 10, 2025 · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Jarislowsky Fraser Institutional · Date unavailable · jflglobal.com
Bay Street Oracle · Oct 8, 2026 · intelligence.baystreetoracle.ca
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Summer Analyst · Canada
Mid-sized managers take a small number of students a year, often into research or operations rather than a named analyst programme, and frequently through a school's co-op office rather than a public posting. BSO has not confirmed a timetable for Jarislowsky Fraser Institutional on an official page: this records that the intake exists and what the category's cycle looks like, not a published date. Confirm with the firm before you plan around it.
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