TORONTO, May 4 /CNW/ - Richardson GMP Limited ("Richardson GMP"), is proud to have received the top overall ranking in this year's highly regarded Investment Executive ("IE") Brokerage Report Card. The Brokerage Report Card evaluates bank-owned, independent and boutique firms in categories such as strategic focus, services for high net worth clients, ethics, compliance and objectivity in product choice. Richardson GMP received the top score in 23 of 34 categories. Where 10 indicates a perfect score, some key areas where the firm excels in helping successful families and entrepreneurs manage wealth include:
Product and support for high net worth clients 9.5
Support for wills, estate and tax planning 9.5
Support in developing a financial plan for clients 9.2
Freedom to make objective product choices 10.0
Firm's due diligence process for new products 9.2
Firm's ethics 9.9
"The compelling results in this survey underscore Richardson GMP's commitment to provide the experience and resources to meet the evolving needs of our clients and to drive new business by attracting prosperous families and entrepreneurs who seek comprehensive advice," stated Andrew Marsh, Chief Executive Officer.* "They are looking to us for leadership, best practices, and the most holistic and innovative solutions to protect and enhance their wealth."
The firm is experiencing momentum in its organic growth as clients have entrusted more than $12.5 Billion to the firm's care. "Since Richardson Partners Financial and GMP Private Client merged in late 2009, we have quickly been able to achieve scale and that is piquing the interest of many Advisors who are looking for a firm that fosters entrepreneurship and shares a client and Advisor centric vision. The combination of wealth management expertise supported by the depth of experience in capital markets brought by GMP Capital, positions Richardson GMP well to continue advancing its leadership position," added Mr. Marsh.
"While we are proud of our results, as an entrepreneurial firm, we must always be forward looking and aspire for improvement in everything we do across the organization, whether that is client reporting, processes or technology for example," stated Mr. Marsh. "We will continue to strive for excellence in the resources and support our Advisors need to better serve their clients and grow their practices."
About Richardson GMP Limited
Richardson GMP Limited combines tradition and innovation to create a unique Canadian wealth management firm. Richardson GMP Limited provides successful Canadian families and entrepreneurs access to exclusive wealth management and innovative investment services delivered by some of Canada's finest independent investment professionals. Richardson GMP Limited's mission is to be the pre-eminent independent wealth management firm in Canada. Richardson GMP Limited is a member of the Canadian Investor Protection Fund with offices located in Victoria, Sidney, Vancouver, Banff, Edmonton, Red Deer, Calgary, Saskatoon, Winnipeg, Guelph, Mississauga, Toronto, Ottawa, Montreal, Sherbrooke and Charlottetown. For more information, please visit www.richardsongmp.com.
*Subject to regulatory approval
SOURCE GMP Capital Inc.
For further information: For further information: Tammy Clark, Director, Marketing, 350 Burnhamthorpe Road West, Suite 304, Mississauga, Ontario, L5N 5P3, Tel: (905) 615-5614 - 1 (866) 205-3548, Tammy.Clark@RichardsonGMP.com, www.RichardsonGMP.com; In Québec: Marie Blouin-Nightingale, 1250 René-Lévesque Boulevard West, Suite 1900, Montréal, Québec, H3B 4W8, Tel: (514) 935-9826 - 1 (866) 697-7174, Marie.BlouinNightingale@RichardsonGMP.com