Richardson GMP to accelerate its growth momentum

Opening new expanded Toronto office

April 18, 2012 - Press Release

Richardson GMP announces plans to capitalize on a significant growth momentum in the Toronto market place today as it officially opens its new expanded office at 145 King Street West consolidating its two Toronto locations. Mike Reynolds, who joined the firm in late 2011 as Director, Wealth Management and Branch Manager, will focus on growth for the GTA targeted for 30% this year.

“I am proud to lead expansion in the Toronto region, and the opening of our new expanded office will empower us to attract new Advisor teams while we continue serving the needs of wealthy Canadian families,” stated Mike Reynolds.  “I have always been extremely impressed by Richardson GMP’s robust platform and ownership model because it allows us to attract the leading Investment Advisors in the industry. At the same time the firm’s independence empowers Advisors to be true business owners allowing the freedom to manage their practices and serve the unique needs of their clients.”

Having achieved the major milestone of profitability in 2011, the firm also opened up a new Calgary office in March. As well, Luc Papineau was appointed as Director, Wealth Management and Branch Manager to lead its Quebec growth strategy. “Richardson GMP is poised for continued growth and momentum this year. These strategic decisions signal our continued commitment to support growth of our franchise from coast to coast and to ensure Canadians can benefit from access to the best Advisors in the country,” remarked Andrew Marsh, President and Chief Executive Officer.

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 and 2011 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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For media inquiries please contact:

Tammy Clark
Director, Marketing
Tel: 905.615.5614

Tammy.Clark@RichardsonGMP.com

Quebec Media Inquiries

Marie Blouin Nightingale

Manager, Marketing
Telephone: 514.989.4848

Marie.Blouinnightingale@RichardsonGMP.com

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