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Wealth Management  


The Next Generation of Wealth

The Wealth Management segment consists of GMP’s non-controlling ownership interest in Richardson GMP Limited (Richardson GMP).

RICHARDSON GMP

Richardson GMP is Canada’s largest and top-ranked wealth management firm, entrusted with over $27.4 billion (at December 31, 2018) in client assets. With offices across the country, the firm is home to some of Canada’s most distinguished Investment Advisors with an average of nearly $165 million in client wealth per advisory team. All Richardson GMP Advisors share a passion for professionalism and a commitment to delivering unbiased — and unparalleled — wealth management solutions. They are supported by the substantial resources of its founding companies and their respective track records of success in Canada.

PUTTING CLIENTS' INTERESTS FIRST

In November 2018, Richardson GMP launched a refreshed, revitalized brand that reframes the conversation about wealth by focusing on simplifying the growing complexity for Canadian families and business owners. Progressive and impactful, the rebrand features a contemporary colour palette. Noble purple and black are prominent, representing the independence, quality of service and consummate Advisors at Richardson GMP and chosen to better resound with their client base.

The rebrand solidifies Richardson GMP’s network of like-minded partners dedicated solely to servicing the distinct wealth management needs of successful, entrepreneurial Canadians and their families who want more—more independent long-term thinking, more investment choices, more strategic leadership, more innovation, more accountability, and more shared beliefs and values.

In addition, the firm launched MyRichardsonGMP, a newly enhanced online view of accounts for clients. This completely redesigned online account access enables clients to stay connected, anytime, anywhere, with an easy-to-navigate, mobile-responsive system.

Although the rebrand look and feel is completely new, Richardson GMP remains focused on putting clients’ interests above anything else and offering wealth advice that is unbiased, independent and without conflicted interests. Richardson GMP will continue to invest alongside its clients and provide innovative and creative solutions to managing wealth.

NEW LOOK FOR RICHARDSON GMP

Richardson GMP launched a refreshed, revitalized brand that reframes the conversation about wealth by focusing on simplifying the growing complexity for Canadian families and business owners.


THE IMPORTANCE OF INDEPENDENCE

As stakeholders and owners, Richardson GMP Advisors share an entrepreneurial vision with their clients. The firm’s independent platform empowers its Investment Advisors to focus on delivering unbiased advice and unparalleled service excellence. Recommendations made to clients are never influenced by the products and services exclusive to Richardson GMP. Advisors have the freedom, flexibility and support required to develop truly customized investment solutions that best serve clients’ needs.

COMPLETE WEALTH MANAGEMENT

Wealth management is about planning for the future. Clients look to Richardson GMP for leadership, family governance best practices, and comprehensive and innovative solutions to help manage risk and preserve their wealth. Advisors have the freedom to access the knowledge of the firm’s in-house team of expert practitioners, including lawyers and tax and estate planners. Whether the client is an individual investor or a business owner, each will have unique situations that need to be considered. This internal team of specialists works closely with Advisors to address the wealth management needs particular to affluent families, such as:

Strategic planning for high net worth families
— including tax and estate planning, cross border taxation and wealth preservation

Planning for entrepreneurs
— including business succession strategies, family trusts, tax strategies

Risk management
Insurance solutions
— including estate preservation, optimization and risk mitigation strategies, disability and critical illness protection

Charitable giving strategies

— including private foundations and creating a legacy


CANADA'S NATIONAL MULTI-FAMILY OFFICE

Richardson GMP Private Family Office is a wholly owned subsidiary of Richardson GMP, providing personalized strategic counsel and administrative leadership to families with inter-generational wealth. As Canada’s national multi-family office, they are an objective partner for their client-families who are concerned about organizing and optimizing their wealth, preserving capital for future generations, raising and educating children to have healthy relationships with wealth and fostering impactful relationships in their communities.

Their unique client experience is built on the foundation of objective advice. Richardson GMP Private Family Office’s advice and services are provided separately from asset management, regardless of where client assets are held.

The Private Family Office recognizes that the needs of wealthy families go beyond managing investments and minimizing tax. It helps families to define the purpose of their wealth and realize their overall potential.

STRONG CANADIAN ROOTS

Richardson GMP Advisors are also supported by the substantial resources of its founding companies: James Richardson & Sons, Limited, one of the most trusted names in Canadian financial services with a legacy spanning over 88 years; and GMP, one of Canada’s most dynamic independent investment dealers with proven expertise in capital markets and wealth management. Through predecessor firms, Richardson GMP has been acting as stewards of wealth for its clients and their families since 1926.

SUSTAINED FIDUCIARY EXCELLENCE

Central to sustaining the leadership position in the Canadian wealth management industry is a willingness to be held accountable to the highest standard of fiduciary care. Successful organizations recognize that there can be no greater priority than continuing to earn a client’s trust. Richardson GMP is proud to be the first Canadian Investment Advisory firm to be certified by the Centre for Fiduciary Excellence for its Separately Managed and Portfolio Management Account platforms. This independent recognition attests to Richardson GMP’s high standards of integrity, transparency and best practices in managing client wealth.

 

 


MEMBERS OF THE RICHARDSON GMP LEADERSHIP TEAM