Resolute Funds Ltd. announced Tuesday that it has entered into an agreement with Yorkton Securities Inc. that makes Yorkton the portfolio adviser and principal distributor of the Resolute Growth Fund, effective immediately.
The serving as portfolio advisor at Yorkton will be Thomas Stanley, the president of Resolute Funds Ltd., who has accepted an offer of employment with Yorkton.
Stanley was previously providing portfolio management services to the fund through Thomson, Kernaghan & Co. Limited.
“Yorkton provides an ideal platform and environment for our clients and unitholders. As the manager of a fund seeking growth opportunities in Canadian companies, Yorkton is a perfect match as an entrepreneurial firm that concentrates on their clients first,” said Stanley.
“We are very pleased to have Tom and the tremendous track record of the fund join Yorkton Private Client Group. Under Tom’s leadership, Resolute Funds has achieved top rankings. Tom’s client focused approach complements our strategic vision of enabling Advisors to create, manage and protect wealth on behalf of clients.” said Bill Fulton, president of Yorkton Securities Inc.