Richardson GMP expands private wealth management across the border
Enters strategic relationship with Dynasty Financial Partners
May 1, 2013 - Press release
Richardson GMP today announced that it has formed a strategic relationship with Dynasty Financial Partners, a premier network of independent Investment Advisors. The reciprocal relationship will enable Richardson GMP to offer a broad range of wealth management products and services to Dynasty clients in Canada and allow Dynasty to provide services for Richardson GMP clients in the U.S.
Based in New York, with 17 firms across the U.S., Dynasty manages over $16 billion in client assets. Connecting leading U.S. Advisors at Dynasty with leading Canadian Advisors at Richardson GMP will enable each firm to provide a complete and seamless suite of wealth management services to clients in either the United States or Canada.
"Offering specialized cross-border advice is essential to ensuring we provide our clients with the right solutions to meet their increasingly complex needs," said Andrew Marsh, CEO of Richardson GMP. "Clients of Richardson GMP and Dynasty will each benefit from experts with a complete knowledge of each country’s unique wealth management issues. We look forward to working with Dynasty on cross-border solutions for our clients, as well as cross-border opportunities for both our Advisor networks."
Both Richardson GMP and Dynasty believe in building a better Advisor model, one that fosters a culture of independence for its Advisors and fiduciary excellence for clients. As each firm continues to grow, so do the needs of their clients. A global economy demands cross-border planning to effectively advise on international assets and residences or dual citizenships.
"In today's world of highly mobile professional athletes, entertainers and entrepreneurs, an ability to provide a North American wealth management solution is essential,” said Todd Thomson, Dynasty's Chairman. "We immediately turned to Richardson GMP, which has a stellar reputation as an independent firm with a boutique culture and fiduciary mindset that matches well with our own."
About Dynasty Financial Partners
Dynasty Financial Partners develops, sources and integrates the finest wealth management capabilities for the industry’s leading independent Investment Advisor teams. Dynasty offers a customized open-architecture platform of wealth management solutions and technology to help independent Advisors protect and grow their clients’ wealth. Dynasty’s core principle is “objectivity without compromise,” and the firm is committed to crafting solutions that allow investment advisors to act as true fiduciaries to their clients. For more information, please visit www.dynastyfinancialpartners.com
About Richardson GMP
As one of Canada's largest independent wealth management firms with offices across Canada, Richardson GMP provides exclusive and innovative investment solutions to successful families and entrepreneurs. Since 2010, Richardson GMP has earned top ranking in the 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. www.RichardsonGMP.com
For media inquiries please contact:
Richardson GMP Limited
350 Burnhamthorpe Road West, Suite 304
Mississauga, Ontario L5B 3J1
Tel.: 905.615.5614 - 866.205.3548
Marie Blouin Nightingale
1250, René-Lévesque West, Suite 1500
Montréal, Québec H3B 4W8
Tel.: 514.989.4848 - 866.697.7174