2009 Euromoney Private Banking Survey: WaterStreet Family Wealth Counsel awarded "Best Family Office Services" in Canada

    TORONTO, April 30 /CNW/ - WaterStreet has risen to the first rank among
independent family office service providers in Canada according to Euromoney
magazine. The award acknowledges WaterStreet's leadership in the wealth
management industry in Canada and the success of the firm's unique
multi-disciplinary service offering.
    Euromoney's prestigious Private Banking Awards cover over 60 global
regions and are voted for by the people who know the wealth management
industry best - peers in the financial services industry.
    According to Euromoney, WaterStreet's top ranking for "Best Family Office
Services" in Canada indicates the excellence with which it serves families of
significant affluence, and reflects well-earned recognition by other financial
services firms in Canada and around the world. In particular, WaterStreet
placed first in the category of "Family Office Services" and ranked among the
top firms in Canada in several other categories, including inheritance and
succession planning.
    Randy McLachlan, Managing Director, said: "We are honoured to be
recognized for the good work we are doing for the families we serve. We have
worked very hard to create a culture focused on purely objective advice. We
have nothing to sell but our expertise and experience. Our clients have told
us we're doing a wonderful job for them, and now our peers are saying the same
thing. We appreciate the recognition."
    According to Tim Cestnick, Managing Director, "the award underscores our
leadership in this industry and is a testament to the deep level of skill and
commitment of our staff. It's not an easy task to bring together accountants,
lawyers, investment professionals and bankers in a common culture under one
roof to provide one-point-of-contact for the families we serve, but our people
have made this integration possible - and the families we serve benefit every
day. Our people really deserve the recognition."

    WaterStreet Family Wealth Counsel is a Multi Family OfficeTM advisory
firm dedicated to managing the personal wealth and lives of families of
significant affluence. WaterStreet represents a centre of stability and
influence to help these families ensure the preservation and growth of their
financial assets and family heritage.

For further information:

For further information: Cathy Wild, Corporate Communications, (905)
332-4455 ext. 224, cwild@waterstreet.ca

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