Richardson GMP earns top industry ranking in products and support for high net worth clients
Third year in a row for entrepreneurial investment boutique
April 26 - Press release
For the third consecutive year, Richardson GMP Limited (Richardson GMP) received top rating (9.3) by advisors in the 2012 Investment Executive (IE) Brokerage Report Card. The highly regarded annual IE Brokerage Report Card asks advisors to evaluate their firms, whether bank-owned, independent or boutique, in categories such as advisor autonomy, quality of product offering and overall support for high net worth clients.
Richardson GMP received the top score across all industry competitors in 26 of 38 categories, including a key category measuring product and support for high net worth clients. The firm achieved a score of 9.9 out of 10 for advisors’ freedom to make objective product choices for clients. It was also top ranked in two important categories: support for helping clients accumulate assets for retirement and helping clients plan for post retirement income – both of which are a growing concern for baby boomers heading into retirement. Furthermore, social media was an area where the firm excelled in helping advisors embrace innovative communication.
Richardson GMP also excels beyond the industry standard in its commitment to supporting those advisors focused on the distinct investment product and wealth management needs of successful families and entrepreneurs including:
| Support for discretionary portfolio management ||9.6 |
| Firm’s due diligence process for new products ||9.1 |
| Support for developing a financial plan ||9.6 |
| Support for tax planning ||9.2 |
| Support for wills and estate planning ||9.6 |
| Support for insurance planning ||9.5 |
“These results reinforce Richardson GMP’s commitment to providing the depth of resources and support that empowers advisors to deliver unbiased advice to clients,” says Andrew Marsh, President and CEO of Richardson GMP. “As more clients head toward retirement, we are well positioned and will continue to invest in our platform to serve their comprehensive needs and to help them secure their goals – in other words, live life on their terms.”
“Our culture of partnership continues to attract the most experienced advisors and portfolio managers in the industry who are looking for a firm that provides the comprehensive support and independence to serve the best interests of their clients. Our advisor and client centric firm creates a winning combination that continues to strengthen our leadership position. And while we celebrate our success today,” adds Marsh, “we will continue to listen, innovate, and evolve to the changing landscape. Standing still is not an option in today’s wealth management business.”
About Richardson GMP
Canada’s largest independent wealth management firm, Richardson GMP Limited provides exclusive and innovative investment solutions to successful families and entrepreneurs. With offices located in Victoria, Sidney, Vancouver, Banff, Edmonton, Red Deer, Calgary, Saskatoon, Winnipeg, Guelph, Mississauga, Toronto, Ottawa, Montréal and Charlottetown, Richardson GMP has earned top overall ranking in the 2010, 2011 and 2012 Investment Executive Brokerage Report Card for products and services dedicated to high net worth investors. Richardson GMP Limited is a member of the Canadian Investor Protection Fund.
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350 Burnhamthorpe Road West, Suite 304
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Tel.: 905.615.5614 - 866.205.3548
Marie Blouin Nightingale
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Montréal, Québec H3B 4W8
Tel.: 514.989.4848 - 866.697.7174