Wellington West Again Named One of Canada's 50 Best Managed Companies

Fifth consecutive year on list reflects growing momentum of employee-owned firm

WINNIPEG, Feb. 22 /CNW/ - Wellington West Holdings Inc., a privately held, employee-owned financial services firm, was a winner of Canada's 50 Best Managed Companies program in 2009 and requalified in 2010 to maintain their status as a Best Managed company. This prestigious national award is sponsored by Deloitte, CIBC Commercial Banking, National Post and Queen's School of Business.

First named to the Best Managed list in 1996, this is the 11th time overall, and the 5th consecutive year that Wellington West has earned the coveted award.

"Everything we do is guided by three core principles: a client-centric approach, an open, inclusive and collaborative culture, and a strong belief in ownership by our people," said Charlie Spiring, CEO, Wellington West Holdings Inc. "We focus on our clients first and this philosophy enables us to provide unparalleled service and deliver best-in-class products to best meet their evolving needs. It is what keeps us on the leading edge."

Wellington West was also proud to be ranked among the 50 Best Employers in Canada in the recent 2011 Hewitt Associates/Report on Business annual survey, for the sixth consecutive year.

"When Charlie set out to build Wellington West over 18 years ago, he had his sights set on a big dream - one that has become an exciting reality," said Kish Kapoor, President, Wellington West Holdings Inc. "We are a special kind of firm and it's gratifying to know that others recognize it too. Our partners and staff are the key to our success and really make Wellington West the place to be. We congratulate them for this, as it is with their hard work and dedication that we are moving into the future with momentum."

About Wellington West

The Wellington West group of companies provides full-service brokerage, financial planning, asset management and capital markets services. Over the past 18 years, the employee-owned Wellington West has become one of the largest and fastest-growing independent full-service wealth management firms in Canada with approximately $10 billion in assets under administration.

Among its many corporate achievements, Wellington West has been ranked in the top quartile of the 50 Best Employers in Canada for the past six consecutive years, named one of Canada's Fastest Growing Companies in 2010, and again recognized as one of Canada's 50 Best Managed Companies in 2010. Wellington West Capital Inc. has also ranked in the top three in the 2010 Brokerage Report Card survey for the seventh consecutive year. In addition, company founder and CEO, Charlie Spiring, won the top honour in the professional/financial services category of the Ernst & Young 2009 Entrepreneur of the Year Awards for the Prairies region. For further information, please visit www.wellingtonwest.com.

About Canada's Best Managed Companies

Established in 1993, Canada's 50 Best Managed Companies is the country's leading business awards program, recognizing excellence in Canadian-owned and -managed companies with revenues over $10 million. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices. The Best Managed designation symbolizes Canadian corporate success: companies focused on their core vision, creating stakeholder value and excelling in the global economy. Program sponsors are Deloitte, CIBC Commercial Banking, National Post and Queen's School of Business. For further information, visit www.canadas50best.com.

SOURCE Wellington West Holdings Inc.

For further information:

Media Contact:

Kish Kapoor
204.925.2298 or kkapoor@wellwest.ca

Profil de l'entreprise

Wellington West Holdings Inc.

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