Industry moves this week
Across all segments of the industry, advisor and management shifts are taking place
- By: Katie Keir
- June 3, 2022 June 3, 2022
- 13:54
Across all segments of the industry, advisor and management shifts are taking place
Across the industry, there were retirement announcements and an advisor move
Naveed Irshad will succeed Michael Doughty
A roundup of the latest advisor and executive moves
The certification body’s latest President’s List honoured February candidates
The leadership candidate took aim at the central bank's role in rising inflation
Across big banks and independent firms, many shifts are occurring
Maria Jose Flores was named the firm's president on May 3, and she plans to take the dealer to $50B in AUA
High-profile hires have helped to erode some of the stigma around the space
Meghan Meger and Geoff Newton will take over as co-heads of BMO Private Wealth in Canada next month
Appointments were made at two of the Big Six banks; AIMCo hires its first CTO
Brent Joyce has been hired as chief investment strategist and managing director of BPIC
Financial markets expect the Fed to keep raising rates to a range of 2.5% to 2.75% by the end of this year
Multiple firms made announcements, plus BMO's Auerbach released a long-awaited retirement note
A broad range of appointments were made
Nominations for the Top Under 40 will be accepted until June 3, while the other award nominations are due May 13
A mix of moves occurred this week, with Tiff Macklem and Grant Vingoe taking on new roles
With the firm's growing suite of offerings, now is an "exciting" time to assume the role, David Sykes says
Manulife CEO Roy Gori’s 2021 compensation added up to US$13.3 million
There were multiple moves in the wealth management space, including top-tier promotions at Wellington-Altus
The government's advisory group recommended that a system be in place by the end of next year
Shaun Hauser is the firm's CEO, while Jordy Chilcott becomes president of the firm's private wealth and insurance arms
Deputy chief economist Dawn Desjardins announced her retirement from RBC, while other industry veterans emerged in new roles
Alongside Manulife Securities getting a new president and CEO, other shifts occurred
Rick Annaert has stepped down after 17 years, and Richard McIntyre, head of sales, takes his place