GMP Profile on SEDAR
Annual Information Form
Community and Culture
GMP is the only Canadian independent player with scale in both Capital Markets and Wealth Management. While a multi-year upheaval in the independent business model has resulted in fewer integrated independent investment dealers, we don’t accept the argument that the demise of the independent player is inevitable.
Rather, GMP sees an opportunity to fill the void between the Canadian bank-owned dealers, who aim to be everything to everyone, and the boutique players, who lack scale and diversity to remain relevant. Since inception, GMP’s core focus is the small- to mid-cap segments of the domestic market. This is GMP’s “sweet spot”.
To compete and, more importantly, win in the small- to mid-cap segment in Canada, it is imperative to be a top-tier player in the country’s two major economic sectors — mining and energy. Following the acquisition of FirstEnergy in 2016 (rebranded GMP FirstEnergy), GMP is the only Canadian fully integrated independent player with a leadership position in both these critical sectors. Add to these, significantly leaner operations, diversification outside the resources sector, and an industry leading independent Wealth Management franchise, it is plainly evident that GMP will remain disruptively competitive moving forward.