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Myriad Private Wealth
Myriad Private Wealth was founded by Marcello Naccarato, David Deckelbaum, and Joseph Alfie, three advisors who collectively hold over 50 years of experience...
Myriad Private Wealth
Myriad Private Wealth was founded by Marcello Naccarato, David Deckelbaum, and Joseph Alfie, three advisors who collectively hold over 50 years of experience across investment and insurance disciplines. The firm is structured around their distinct advisory corporations — MGC Financial Services Inc., Deckelbaum Financial Services Inc., and Alfie Financial Services Inc. — each acting as a portfolio manager and financial security advisor under the iA Private Wealth dealer platform. This legal architecture makes Myriad less a single operating company than a shared brand and service model, with each principal retaining autonomy over their client base while pooling back-office resources. The firm takes a centralized, multi-asset-class approach to wealth management, deploying capital primarily through a fund-of-funds structure across public equities, fixed income, and pooled alternative vehicles. Its confirmed investment activity includes healthcare services and registered ETF products, notably those issued by Evolve ETFs, where co-founder Joseph Alfie has indicated direct product usage. Geographic focus remains concentrated in Montreal and Quebec, though the team has cultivated ties with local real estate operators such as MONDEV, suggesting select direct deal exposure. Confirmed advisory services span investment management, retirement planning, tax optimization, group insurance and annuity plans, and corporate planning — positioning the firm as a holistic family CFO rather than a pure asset allocator. The three co-founders anchor the practice, supported by additional portfolio managers Jeffrey Soliman and Caroline Francis Bronstein. Bronstein, a CPA and former auditor, brings a compliance and accounting lens to the high-net-worth practice, while Soliman has been active in Montreal’s real estate ecosystem, co-sponsoring a scholarship for women in real estate at Concordia University’s John Molson School of Business. The firm maintains regulatory membership with the Canadian Investment Regulatory Organization and Canadian Investor Protection Fund via its iA Private Wealth affiliation. In 2021, Wealth Professional Canada named Joseph Alfie a 5-Star Advisor, echoing earlier 'Young Gun' recognitions in 2015 and 2019. Myriad operates under a dealer-platform model — not a standalone RIA or fully independent family office charter — which shapes its investment universe and reporting obligations. This regulatory container gives the firm access to iA Private Wealth's infrastructure and product shelf but limits its ability to offer direct proprietary deal flow. The firm’s true structural differentiation lies in its multi-principal, multi-corporation design: each founder maintains a separate P&L and advisory book, creating a built-in succession mechanism and a partnership dynamic that distributes business risk across three entities rather than concentrating it in a single balance sheet.
General information
Firm type
Multi Family Office
Year founded
2016
Location
Region
North America
Country
Canada
City
Montreal
Corporate office
3773 Cote-Vertu Blvd. West, Suite 350B, Montréal, Québec, H4R 2M3, Canada
Principals
Marcello Naccarato
Co-founder & Portfolio Manager
David Deckelbaum
Co-founder & Portfolio Manager
Joseph Alfie
Co-founder & Portfolio Manager
Caroline Francis Bronstein
Portfolio Manager
Lior Fedida
Portfolio Manager
Mathieu Gouraud
Investment Advisor
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Myriad Private Wealth?
There is no single CIO; the three co-founders — Marcello Naccarato, David Deckelbaum, and Joseph Alfie — each operate as portfolio managers through their respective incorporated advisory entities (MGC Financial Services Inc., Deckelbaum Financial Services Inc., and Alfie Financial Services Inc.). This means investment decisions are made independently within each advisor's client book, using a common fund-of-funds framework and shared back-office resources rather than a centralized investment committee.
How does Myriad Private Wealth source investment opportunities?
The firm sources primarily through the iA Private Wealth platform, which provides access to a curated shelf of mutual funds, ETFs, and pooled alternative products. Co-founder Joseph Alfie has a documented relationship with Evolve ETFs, indicating direct use of their products for client portfolios. Local real estate connections — including ties to Montreal developer MONDEV — suggest occasional co-investment or client-adjacent deal flow, but no proprietary origination engine exists.
Is Myriad Private Wealth structured as a single family office or an advisory practice?
Myriad operates as a multi-family office wrapped inside the iA Private Wealth dealer platform, not as a standalone single-family office. Its three co-founders maintain separate incorporated advisory businesses under the Myriad brand, each holding portfolio manager and financial security advisor registrations. This hybrid structure blends the branding and service model of a family office with the regulatory and product framework of a large securities dealer.
What asset classes does Myriad typically allocate to?
Myriad deploys client capital primarily through a fund-of-funds approach covering public equities, fixed income, and alternative vehicles such as ETFs. The firm has confirmed exposure to healthcare services and Evolve ETFs products. Real estate exposure may also feature through relationships with Montreal-based developers, though the primary allocation vehicle remains pooled funds rather than direct property holdings.
How is Myriad related to iA Private Wealth?
Myriad Private Wealth is an advisory team operating under the iA Private Wealth brand, a division of Industrial Alliance Securities Inc. The connection is a dealer-registrant relationship: iA Private Wealth provides the regulatory umbrella, clearing, and product access, while Myriad’s principals deliver advisory services through their own incorporated entities. This means Myriad functions with some operational independence but relies on iA for compliance and trade execution.
What philanthropic structures does Myriad maintain?
Myriad does not operate a dedicated foundation, but its portfolio manager Jeffrey Soliman and his wife committed a $25,000 scholarship for women in real estate at Concordia University’s John Molson School of Business. Co-founder Joseph Alfie’s engagement with the same school suggests a pattern of localized, education-focused giving aligned with the team’s personal networks rather than a formal firm-wide vehicle.
What is Myriad's known posture on co-investing alongside external partners?
Myriad does not market a dedicated co-investment program. Its investment model centers on pooled funds and standard advisory platform products. The firm’s social and professional ties to Montreal real estate operators may facilitate case-by-case direct opportunities for select clients, but these appear opportunistic and relationship-driven rather than institutionalized.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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