Two years after Macquarie Private Wealth entered the Canadian marketplace with the purchase of a predecessor brokerage, the firm Monday announced that its ranks of advisors now number 200, spread throughout 12 offices from Victoria to Montreal.
“In the span of less than 24 months, we’ve added 80 advisors to reach 200, a remarkable achievement and a testament to the unique culture and business model we’ve developed in Canada,” says Earl Evans, CEO and head of Macquarie Private Wealth Canada.
“We have deliberately created a culture of Freedom within Boundaries for advisors, giving them the scope to operate a variety of different business models, while having the backing of a strong and profitable global organization,” says Matthew Rady, head of Macquarie North America banking and financial services group. “We’re especially pleased that the culture and business model we founded in Australia years ago has been embraced by the Canadian market.”
As the wealth management industry continues to consolidate in Canada, Macquarie plans to maintain its hiring momentum, selectively attracting leading advisors and their teams who are seeking to build their business in an entrepreneurial, well-financed and established company.
Macquarie was recognized in May of this year as the top-ranked national independent brokerage firm in Investment Executive’s brokerage report card, an annual survey of brokers.
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Australia’s Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services. It employs more than 15,000 people in over 28 countries.
Macquarie has had a permanent and growing presence in Canada since opening its first office in 1998. With regional headquarters in Toronto, Macquarie employs approximately 1,000 people in Canada through 14 offices across the country.