GMP Private Client enhances services with insurance solutions



    Investment Advisors will access comprehensive product range through PPI
    Partners

    TORONTO, April 17 /CNW/ - In keeping with its commitment to provide
clients with independent advice and wealth preservation strategies, GMP
Private Client ("GMP"), a subsidiary of GMP Capital Trust (TSX: GMP.UN),
announced today the launch of personal and business insurance solutions
designed specifically for the needs of high-net-worth Canadian investors.
    "Insurance is an integral component of any financial planning strategy
because it provides an avenue to build, maximize, protect and transfer
wealth," said James Werry, CEO, GMP Private Client. "As a firm dedicated to
offering clients complete wealth management guidance and personalized
strategies, insurance is a natural evolution of our product offer. Many of our
clients are successful business entrepreneurs or in charge of managing
significant family wealth, so they will benefit from our enhanced ability to
help handle all aspects of their financial picture."
    Through GMP Insurance Inc., a wholly owned corporate subsidiary of GMP
Private Client, and its relationship with PPI Partners ("PPI"), a national
insurance marketing firm, GMP's Investment Advisors will be able to access a
deep inventory of insurance products from providers such as RBC Insurance,
AIG, Manulife Financial and Standard Life, and proprietary insurance solutions
exclusive to PPI.
    The establishment of GMP Insurance Inc. as a registered insurance broker
is subject to regulatory approval.

    ABOUT GMP CAPITAL TRUST

    GMP Capital Trust carries on business through the following entities: GMP
Securities L.P., Griffiths McBurney Corp., GMP Securities Europe LLP, GMP
Private Client L.P. and EdgeStone Capital Partners, L.P. GMP Securities L.P.
is a leading independent Canadian investment dealer focused on investment
banking and institutional equities for corporate clients and institutional
investors. GMP Securities L.P. can be found on the web at gmpsecurities.com.
Griffiths McBurney Corp. services institutional clients in the United States
while GMP Securities Europe LLP provides investment banking and institutional
equity services to clients located in Europe. GMP Private Client L.P. is a
full-service investment firm focused on high-net-worth private investors that
provides wealth preservation, income and growth strategies delivered by
seasoned investment advisors. GMP Private Client L.P. can be found on the web
at gmpprivateclient.com. EdgeStone Capital Partners, L.P. is one of Canada's
leading independent private equity firms, providing capital, strategic
direction and business and financial advice to help promising mid-market and
early stage companies achieve their full potential. EdgeStone Capital
Partners, L.P. can be found on the web at edgestone.com. GMP Capital Trust is
listed on the Toronto Stock Exchange under the symbol GMP.UN. The website is
gmpcapitaltrust.com. GMP Capital Trust has offices in Toronto, Calgary,
Montreal, Vancouver, Geneva and London.

    ABOUT GMP PRIVATE CLIENT

    GMP Private Client L.P., a subsidiary of GMP Capital Trust, is a
full-service investment firm that serves the needs of affluent Canadian
investors. GMP Private Client's mission is to be the premier investment firm
in Canada by bringing together the top performing investment advisors in the
country. With one of the most advanced technology platforms in the industry,
combined with access to GMP Securities' expertise in institutional sales and
trading, research, and corporate finance, GMP Private Client is well
positioned to deliver superior investment management, experienced investment
advisors, independent advice and unparalleled client service. GMP Private
Client L.P. can be found on the web at www.gmpprivateclient.com.

    ABOUT PPI PARTNERS

    PPI is focused on serving the insurance needs of high net worth clients
and business owners throughout Canada. Utilizing a consultative approach with
the clients' professional advisors ensures that the appropriate financial
solution is developed. For almost 30 years, PPI has maintained a leadership
position in the design and marketing of innovative insurance solutions through
its commitment to building the expertise and business knowledge of insurance
advisors.

    Forward-Looking Statements

    This press release may contain "forward-looking statements" (as defined
under applicable securities laws) concerning anticipated future events,
results, circumstances, performance or expectations that are not historical
facts but instead represent our beliefs, expectations, estimates and
projections regarding future events, many of which, by their nature, are
inherently uncertain and beyond our control. These statements are not
guarantees of future performance and are subject to numerous risks and
uncertainties, including those described in GMP Capital Trust's regulatory
filings, which are available on our website at gmpcapitaltrust.com and on
SEDAR at sedar.com. The primary business activities of GMP Capital Trust and
its consolidated operations (the "Fund Group"), by their nature, are both
competitive and subject to various risks. These risks include market, credit,
liquidity, operational and regulatory risks and other risk factors including,
without limitation, variations in the value of securities, the volatility and
liquidity of equity trading markets, the volume of new financings and mergers
and acquisitions, competition in the marketplace for suitable investments,
sustainability of fees, nature and type of portfolio company investments,
ability to realize carried interest entitlements and dependence on key
personnel. Other factors, such as general economic conditions also may have an
impact on the Fund Group's results of operations. Many of these risks and
uncertainties can affect our actual results and could cause our actual results
to differ materially from those expressed or implied in any forward-looking
statement made by us or on our behalf. Except as required by applicable law,
we undertake no obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or otherwise.





For further information:

For further information: Mr. Michael Ricafort, Director, Marketing &
Planning, GMP Private Client L.P., 145 King Street West, Suite 300, Toronto,
Ontario, M5H 1J8, Tel: (416) 943-6685, Email: michael.ricafort@gmppc.com; Ms.
Lynn Boland, Director, Human Resources and Communications, PPI Partners,
500-326 11th Ave SW, Calgary, Alberta, T2R O5C, Tel: (403) 232-4671, Email:
lboland@ppi.ca


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