TORONTO, Jan. 9 /CNW/ - Northwood Stephens Private Counsel Inc. has been
ranked as the No. 1 independent Family Office in Canada in Euromoney
magazine's 2008 annual global private banking survey. Northwood was also
ranked number No. 1 in 2007.
"We believe the family office model is the best model for delivering
comprehensive wealth management to affluent families," said Northwood
President and CEO, Tom McCullough. "And we are delighted to be recognized as
the best in the country in our field."
This year's Euromoney survey was based on responses from 398 private
banks and wealth management institutions from around the world, representing
$7.6 trillion of assets under management. Participants in each country
nominated their peers whom they felt were leaders in their respective fields.
Northwood also ranked prominently among independent firms in Canada in
the following categories:
- No. 1 for providing family office services
- No. 1 for providing inheritance and succession planning
- No. 2 for providing private equity investment
- No. 2 for providing equity portfolio management services
"Our clients value the integration of estate, tax and philanthropic
planning along with access to, and oversight of, the best investment managers
in the world," added Scott Hayman, Northwood's Executive Vice-President and
Head of Client Services. "Recognition in the Euromoney survey affirms our
strategy of providing our clients with coordination and management of all
aspects of their financial lives."
Northwood Stephens Private Counsel is an independent, multi-family
office, providing comprehensive Net Worth Management(TM) to successful
families, entrepreneurs and senior executives. For more information on
Northwood, please visit www.northwoodstephens.com.
Euromoney is an authority on trends and developments in international
banking and capital markets. For over 35 years, Euromoney has been providing a
round-up of the key developments in private banking, debt and equity
investments, fund management and alternative investments, as well as country-
and region-specific information to readers from around the world. This was the
second year the survey ranked independent providers in the family office
For further information:
For further information: Tom McCullough, President & CEO,
email@example.com, (416) 502-6288; Scott Hayman, Executive
Vice President, firstname.lastname@example.org, (416) 502-6292