Onex deal for Gluskin Sheff shows high-net-worth clients still in high demand

Another major deal in Canada’s wealth-management world is highlighting the potential value of cross-selling to high-net-worth clients, a segment that remains sought-after in the face of disruption brought on by low-fee investing products. On Friday, Toronto-based private-equity firm Onex Corp. announced it was making a $445-million bid to buy Canadian…