National Bank Financial Group has completed the consolidation of operations between National Bank Securities Inc., Altamira Investment Services Inc. and Altamira Financial Services Ltd., the bank announced Monday.

The merger between National Bank Securities and Altamira was completed on Nov. 1. It is part of National Bank’s efforts to accelerate growth outside Quebec.

As a result of the merger, National Bank Securities has assumed the management and distribution functions of Altamira Funds. Meritage Portfolios will continue to be distributed as is, while National Bank Securities has assumed the management functions of these funds. National Bank Securities will also continue to manage and distribute National Bank Mutual Funds and Omega Funds.