Toronto-based Cumberland Private Wealth Management has appointed Peter Jackson as chief investment officer, effective immediately.

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 Cumberland Total Energy Fund and the Cumberland Special Opportunities Fund.

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, 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.

Cumberland Private Wealth provides discretionary investment management services for high net worth individuals, their families and foundations with $1 million or more in investable assets.