Ultra-high net worth families are increasingly turning to independent wealth managers
TORONTO, 28 March, 2017 /CNW Telbec/ - To better serve ultra-high net worth families, Richter Family Office (RFO) is pleased to be expanding its services and formally opening an office in Toronto.
As an increasing number of baby boomers are facing retirement, they are seeking independent wealth management advisors to help them transition their companies and capital to the second or third generations. Aging patriarchs and matriarchs want to ensure their wealth is protected and the in-coming generation of leaders is able to carry on their legacy. "While each family has unique circumstances, challenges and goals, the common thread is that they need advisors they trust to help them preserve what they've worked their whole lives to attain; and to help them achieve their objectives, whatever those objectives may be," says Richter Family Office Partner Mindy Mayman.
Founded in 2000 in Montreal, Richter Family Office has since expanded to serve individuals and families across Canada. Its new space will be in the heart of Toronto's Financial District, and will be led by RFO's Vice President, Greg Moore. Greg will leverage Richter Family Office's proven success in Montreal by bringing its unique, independent approach to Toronto families.
"As part of his mandate, Greg will be working within a growing segment of the market that values having an independent, trusted advisor. He will be part of the team responsible for providing guidance and support to families in the stewardship of their capital and legacy. Greg is an incredibly experienced professional and we are thrilled to have him as part of our team," says Danny Ritter, partner, Richter Family Office.
About Richter Family Office (RFO)
Richter Family Office consists of wealth management professionals who devise a tailored, personalized investment strategy for ultra-high net worth families. By working closely with these families and their professional advisors, they help their clients develop a full understanding of their investment objectives and financial needs. This team is committed to personalized attention and advice which incorporates three core functions: investment strategy, tax and estate planning, and financial account management. RFO has extensive experience in dealing with leading financial institutions and investment managers, but has no affiliation to them. RFO has offices in Montreal and Toronto.
About Greg Moore, CFA
Prior to joining Richter, Greg spent 23 years with the Bank of Nova Scotia within the capital markets and trading group – most recently as head of the bank's Institutional Currency Risk Management Team. After an extensive career within the global markets, Greg joined a portfolio management firm in Toronto as both a relationship manager and currency strategist. Greg worked with private and institutional clients in assessing their specific investment needs and providing them appropriate, discretionary portfolio construction within a unique, multi-asset framework. Greg was also responsible for the successful launch of the firm's European initiative which was aimed at developing an investor base within the European family-office and private banking network.
For further information: Janna Petersen, Strategic Communications Advisor, [email protected] - 416.488.2345 x. 2304