TORONTO, June 1 /CNW/ - Sprott Inc. (TSX:SII) ("Sprott") today announced that the previously disclosed internal reorganization of its wholly-owned subsidiary Sprott Asset Management Inc. ("SAM") has been completed. The reorganization separates SAM's operations into three distinct business lines: discretionary portfolio management by Sprott Asset Management LP ("SAM LP"), broker-dealer services by Sprott Private Wealth LP ("SPW"), and consulting services by Sprott Consulting LP ("SCLP"). This reorganization provides the opportunity to separately brand and market the three areas of Sprott's operations and is also anticipated to result in certain tax efficiencies for Sprott. SPW will continue as an investment dealer and member of the Investment Industry Regulatory Organization of Canada while SAM LP is an investment counsel/portfolio manager or equivalent in each of the provinces of Canada and will continue to manage the portfolios of the Sprott Funds and managed accounts. SCLP will continue its business activities including the management of Sprott Resource Corp. About Sprott Inc. Sprott Inc., through Sprott Asset Management LP, Sprott Private Wealth LP and Sprott Consulting LP is an independent asset management company dedicated to achieving superior returns for its investors over time. Sprott Asset Management manages assets primarily for high net worth individuals and institutions, and is the investment manager of the Sprott family of funds. For more information about the Company, please visit www.sprottinc.com.
You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering Sprott ETFs. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at SprottETFs.com.Continue to Sprott Exchange Traded Funds
You are now leaving Sprott.com and entering a linked website. Sprott Asset Management is a sub-advisor for several mutual funds on behalf of Ninepoint Partners. For details on these funds, you will be directed to the Ninepoint Partners website at ninepoint.com.Continue to Ninepoint Partners
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