Pinnacle Wealth Brokers has formed a strategic alliance with Ontario-based financial consulting firm Sentry Group.

Under the terms of the agreement, Sentry will have the opportunity to provide its money management services to Pinnacle Wealth clients. Pinnacle specializes in alternative investments under National Instrument 31-1-3 which allows Canadians to invest in private offerings that are usually not available on the public stock markets. 

"Investors across Canada are concerned with their shrinking retirement savings caused by international fiscal policy and mismanagement. Sentry has the ability to provide investors in Ontario with alternative options to the public stock and mutual fund markets," said Darvin Zurfluh, the chief executive and managing partner of Pinnacle Wealth Brokers. 

According to a report from Merrill Lynch and Capgemini, the number of high net worth individuals in Canada grew from 251,000 in 2009 to 282,000 in 2010. Canada ranks seventh in the overall tally for countries with highest number of HNW individuals.