Financial Services Firm's 30% Growth Bucks Industry Downsizing Trend
VANCOUVER, Dec. 3, 2012 /CNW/ - Wolverton Securities Ltd., a leading
Western Canadian financial services firm for more than 100 years, has
announced a new branch location in Edmonton, Alberta.
Wolverton Securities new branch office in Edmonton will provide
individual, corporate, and institutional clients access to team of
investment professionals offering full-service brokerage and venture
capital services. Many of the new investment advisors come from
Canaccord Wealth Management which recently restructured its business
and Union Securities which recently ceased operations.
The opening of Wolverton's office in Edmonton is part of the company's
aggressive growth strategy that includes another new branch office in
Victoria, and Prince George targeted for 2013, with further expansion
of both its Kelowna and Calgary branches. Despite the challenges
presented by the current economy and an industry trend toward
downsizing, Wolverton has achieved more than 30% incremental business
growth in the last 90 days by significantly expanding its operations
and team of experienced investment personnel.
"Throughout the decades, we've demonstrated our ability to ride market
changes while consistently offering a premier client experience," says
Richard Butterworth, Chief Operating Officer. "Now, we have proven our
stability thereby expanding our presence, continuing to attract new
brokers, and offering both new and existing clients the benefits of
dealing with a seasoned player in the brokerage services market."
"Whereas a number of our closest rivals may be looking at the glass less
than half full right now, we have committed over $3 million over the
past quarter to expand our North America operations in pursuit of our
commitment to add top caliber investment advisors and over $1 billion
of client assets by 2015. We are delivering on this goal through
superior compensation -- investment advisor payouts that are typically
20% more than our closest rivals - and by seamlessly transferring
clients in record time."
Wolverton Securities Ltd. is a leading independent, full-service
financial services firm with offices across Western Canada and serving
clients throughout North America, Europe, and Asia. Established in
1910, Wolverton has been providing its clients with a wide range of
financial products and solutions to help them attain their financial
SOURCE: Wolverton Securities Ltd.
For further information:
Chief Operating Officer, Wolverton Securities Ltd.