Cumberland Private Wealth Management appoints new Chief Investment Officer

Cumberland Partner Peter Jackson brings years of investment expertise to his new role

TORONTO, Jan. 20, 2012 /CNW/ - Cumberland Private Wealth Management ("Cumberland"), a leading independent investment firm that provides discretionary investment management services for high net worth individuals, families and foundations announced the appointment of Peter Jackson as Chief Investment Officer, effective immediately.

Mr. Jackson is a veteran of the investment management business, with over 25 years of experience and 12 years at Cumberland. Most recently he was the firm's Vice CIO, is Lead Manager, Canadian equities, and also manages the Cumberland Total Energy Fund and the Cumberland Special Opportunities Fund. Mr. Jackson is a member of Cumberland's investment committee, and a director and shareholder of Cumberland Partners Limited, the firm's parent company.

"Peter has been an integral member of Cumberland's 10 person investment team since joining the firm in 1999, delivering exceptional results," says Gerry Connor, Cumberland's Chairman and Chief Executive Officer. "His leadership skills and expertise, coupled with Cumberland's strong performance and management will ensure continued success for our clients."

Prior to joining Cumberland, Mr. Jackson managed a private investment partnership that acted as a sub-advisor for Elliott and Page Investment Counsel. He also served as a portfolio manager and investment analyst at Barclays McConnell and Sun Life, with a focus on Canadian equities stock selection and research.

About Cumberland Private Wealth Management

Cumberland Private Wealth Management Inc. is a leading independent investment firm that provides discretionary investment management services for high net worth individuals, their families and foundations with $1 million or more in investable assets. Cumberland's investment mandates are centered on building and preserving our clients' financial wealth. Founded in 1997, the firm is privately owned primarily by its employees, and headquartered in Toronto, Canada.

For additional information on Cumberland Private Wealth Management, visit:  www.cumberlandprivate.com

For further information:

Kirsten Walkom
MAVERICK Public Relations
[e-mail]
416-640-5525 x 237