Montreal-based asset management firm Fiera Capital Corp. (TSX:FSZ) Thursday an announced dividend increase an along with its financial results for 2014.

“2014 was a strong year in terms of growth, earnings and investment performance,” said Jean-Guy Desjardins, chairman and CEO of Fiera Capital. “We continued to diversify and strengthen our business platform, while delivering solid organic growth and building a robust pipeline.”

The strong growth was reflected in a dividend increase of 8% to $0.13 per share. This follows a dividend jump of 9%, which was announced in August 2014.

For the year ended Dec. 31, net income was $23.6 million, 40 cents a share, up sharply from $$14.6 million, or 26 cents a share, a year ago.

Base management fees and other revenues increased by $65.3 million, or 46%, to $206.9 million for fiscal 2014 vs 2013.

Assets under management (AUM) rose to $86.6 billion, an increase of 12% from $77.5 billion in 2013.

The firm also won $4.2 billion of new mandates both in the institutional and private wealth segments.

In February 2015, Fiera Capital announced it is acquiring New York-based Samson Capital Advisors LLC, a U.S. fixed income investment management firm with US$7.6 billion in AUM.

It has also been announced that Marcel Larochelle, executive vice president and chief financial office, will be leaving Fiera Capital to pursue other interests. He will remain with the firm until May 31, 2015 to ensure a proper transition.