News
 

Richardson GMP has a makeover with a new name and brand

Wealth Professional
November 18, 2020

One of the longest established names in Canadian wealth management has unveiled a new name and a fresh brand. Richardson GMP is now Richardson Wealth (Patrimoine Richardson in francophone markets) and says that the new ‘name on the door’ represents its long-held values as an independent, family business.

Read more.
 

Richardson GMP is Now Richardson Wealth

November 16, 2020

Our name has changed to Richardson Wealth, but we remain committed to providing all of our Clients with an exemplary service that enables you to grow and protect your wealth for generations!

Read more.
 

We're managing people's lives and not just their money: GMP Capital CEO

BNN Bloomberg
October 21, 2020

GMP Capital has taken full control of wealth management firm Richardson GMP, and the board has appointed Kish Kapoor as president and CEO. He joins BNN Bloomberg to discuss what's next for the business. 

Watch here.
 

GMP completes consolidation of Richardson GMP

October 20, 2020

GMP Capital Inc. announced today that it has completed the Company’s previously announced transaction to consolidate 100% ownership of Richardson GMP Limited under GMP. With immediate effect at closing, GMP’s board of directors appointed Kish Kapoor as President and Chief Executive Officer, removing his interim title. 

Read more.
 

Richardson GMP Investment Advisors with 97% of assets under administration support the terms of GMP Capital's proposed acquisition of Richardson GMP

September 15, 2020

Richardson GMP Limited, a leading independent wealth management Company, announced today that Investment Advisors with approximately 97% of assets under administration support the terms of the previously announced transaction under which 100% of the Company would be acquired by GMP Capital Inc.

Read more.
 

GMP Capital finalizes Richardson GMP deal

August 13, 2020
BNN Bloomberg

GMP Capital has finalized an agreement to take full ownership of Richardson GMP at revised terms (the deal was announced on non-binding basis in February). Kish Kapoor, interim president and CEO at GMP Capital joins BNN Bloomberg to discuss.

Watch here.
 

Richardson GMP and Cormark Securities announce strategic alliance

June 10, 2020

Richardson GMP and Cormark Securities, two of Canada's premier independent financial services firms, have formed a strategic alliance. Read about how this partnership benefits both of our clients.

Read more. 
 

GMP Capital Inc. provides update on the potential Richardson GMP transaction due to coronavirus

March 17, 2020
GMP Capital

In light of the ongoing COVID-19 outbreak and recent market volatility the agreement concerning the Potential Richardson GMP Transaction has been postponed. The parties are continuing to work toward entering into a definitive agreement and remain hopeful that they will do so in the future.

Read more.
 

'No regrets' selling capital markets business: GMP Capital Interim CEO

February 27, 2020
BNN Bloomberg

Investment firm GMP Capital is continuing its shift into wealth management, as it plans to take full ownership of its Richardson GMP division. Kish Kapoor, Interim CEO of GMP Capital and Andrew Marsh, President and CEO of Richardson GMP join BNN Bloomberg to discuss the deal.

Watch here.
 

GMP Capital offers shares, bonuses to convince advisers to sell stake in Richardson GMP

February 26, 2020
The Globe and Mail

As the final stage of a three-year restructuring, GMP unveiled details of an offer to purchase the minority stake in wealth-management division Richardson GMP Ltd. that it doesn’t already own, giving it full ownership of the operation.

Read more. 
 

GMP Capital Inc enters into non-binding term sheet to consolidate ownership of Richardson GMP

February 26, 2020
GMP Capital

GMP Capital Inc. announced today that, based on the unanimous recommendation of an independent special committee of its board of directors following an extensive review and analysis, it has entered into a non-binding term sheet with Richardson Financial Group Limited in respect of a transaction to consolidate the ownership of Richardson GMP Limited.

Read more. 
 

Richardson GMP’s Chris Kerlow on what the coronavirus means for markets around the world

February 7, 2020
Financial Post

Chris Kerlow, Portfolio Manager at Richardson GMP, speaks with Financial Post’s Larysa Harapyn about how the coronavirus outbreak has affected the Asian market, with travel problems and manufacturing shutdowns — and what it means for markets around the world.

Watch here. 
 

Family rejects rumours of possible Richardson GMP sale as firm refocuses on its wealth management roots

January 12, 2020
The Globe and Mail (available to Globe and Mail subscribers)

The last of the independents!

That’s how Richardson GMP is portrayed in a recent article (January 12) in The Globe & Mail and a fundamental detail we’re exceptionally proud of.

The article (which can only be accessed by Globe subscribers), runs through the history of mergers at Richardson GMP, each adding another layer of strength and strategic direction.

Read more. 
 

Why HNW clients ‘absolutely need alternatives’

January 6, 2020
Wealth Professional

President and CEO of Richardson GMP on the firm’s approach to asset class and 2020 volatility.

Read more. 
 

Rejuvenated Richardson GMP targets $50 billion AUM

December 19, 2019
Wealth Professional

Richardson GMP is “back in growth mode” and believes it has the infrastructure to reach and support a total of $50 billion assets under management.

Read more.  
 

Queen bestows honour on Hartley Richardson

December 10, 2019
Winnipeg Free Press  

In October, Hartley Richardson was invested by Queen Elizabeth II as a Lieutenant of the Royal Victorian Order (LVO). Hartley’s enduring leadership and contribution to the community and young people in particular inspires our firm’s principles. 

Read more. 

Boom goes bust: What went wrong with this year’s IPOs

November 6, 2019
Financial Post  

Chris Kerlow, Portfolio Manager at Richardson GMP, talks with Financial Post’s Larysa Harapyn about how a good name and a good company doesn’t always mean a good stock. 

Watch here.
 

Challenging oilpatch environment could trigger more consolidation

November 5, 2019
Financial Post 

Chris Kerlow, portfolio manager at Richardson GMP, talks about third quarter corporate earnings.

Watch here.  
 

Time to go overweight Europe, sell U.S. stocks: Richardson GMP

November 4, 2019
BNN Bloomberg 

Chris Kerlow, portfolio manager at Richardson GMP, joins BNN Bloomberg's Catherine Murray for a look at his market outlook and strategy for fall 2019 and beyond.

Watch here. 

Ask a Family Enterprise Advisor (FEA)

October 7, 2019
The Globe and Mail 

In a special report published in The Globe and Mail, Sylvia Azoulay, Vice President, Wealth Strategies with Richardson GMP’s Private Family Office, discusses best practices for family businesses and the importance of family values.

Read more. 

GMP's new growth strategy to focus on human element of financial advising

September 10, 2019
BNN Bloomberg  

Kish Kapoor, interim president and CEO of GMP Capital, joins BNN Bloomberg to discuss how the company plans to grow its wealth management division in the age of technology.

Watch here. 

Recession talk is growing. Is it a bad time to invest?

August 21, 2019
Financial Post 

Richardson GMP Portfolio Manager Chris Kerlow speaks with the Financial Post’s Larysa Harapyn about investment strategy in the wake of predictions of a possible recession.

Watch here.  
 

Richardson GMP's market playbook

August 6, 2019
BNN Bloomberg 

Chris Kerlow, Portfolio Manager at Richardson GMP, was on BNN Bloomberg to discuss the latest market movements and projections moving forward. While there is opportunity out there, investors should temper their expectations.

Watch here.  
 

Deal throws shackles off ambitious Richardson GMP

June 19, 2019
Wealth Professional 

The clouds of uncertainty have been lifted from Richardson GMP as it prepares for a new era of expansion, according to its president and CEO.

Read more.  
 

GMP’s Stifel deal gives rise to 'pure play' Canadian wealth firm

June 18, 2019
BNN Bloomberg 

GMP Capital Inc.’s deal with Stifel Financial Corp. will eventually yield a “pure play” Canadian wealth manager that aims to double its assets over time.

Read more.  
 

What the GMP Capital deal means for Richardson GMP

June 17, 2019
Investment Executive 

Executives share insights into next steps for the wealth management firm.

Read more. 
   

Toronto's GMP sells off capital markets business to U.S.-based Stifel

June 17, 2019
CBC 

Financial services firm to expand stake in Richardson GMP as it concentrates on wealth management.

Read more.  
 

A big round of applause for Richardson GMP

May 6, 2019
River Run Centre 

Richardson GMP has been the longstanding sponsor of our Music Series, making the stage sparkle by bring the very best performances to you here in Guelph.

Read more.   
 

How Richardson GMP, Nest Wealth created great places to work

April 29, 2019
Wealth Professional  

Employees in Canada's financial services sector are among the happiest in their workplaces according to annual report.

Read more.  
 

Richardson GMP - Best Workplaces 2019

April 26, 2019
Newswire 

Our people are what sets us apart. We couldn’t be more proud to be recognized as one of Canada’s Best Workplaces™ for 2019.

Read more.  
 

Combining active and passive strategies

March 25, 2019
Advisor's Edge 

Responding to the March 25 Market Ethos, Active vs Passive, Advisor's Edge notes as approach to employ  active and passive strategies to receive the best of both worlds.

Read more.   

Invest with diversity

January 28, 2019
Investment Executive 

Investment Executive expands on the January 28 Market Ethos, Predictably unpredictable, in their article about the importance of diversification beyond asset allocation.

Read more.  
 

Embracing behavioural finance

January 23, 2019
Investment Executive 

Helping clients identify how emotion affects their decision-making process regarding investing will become even more important if stock markets or the economy take a turn for the worse this year.

Read more.  
 

If there's not a recession, these markets are a bargain: Richardson GMP CIO

January 10, 2019
Craig Basinger on BNN 

Following up on Connected Wealth's 2019 Market Outlook,Punch bowl hangover, Craig Basinger appeared on BNN to discuss the year ahead.

Watch here.  

Punch bowl hangover

January 9, 2019
Richardson GMP Connected Wealth 

2018 gave us multiple all-time highs for the TSX and S&P, plus two corrections. Sadly finishing on the latter. As 2019 gets underway, we have a global economy that appears to be slowing, bond yields back down and valuations rather compelling. In this market outlook we have taken a different tact, contrasting both a bull and bear case before sharing our expectations. 

Read More.  

A new message

November 23, 2018
Investment Executive 

Toronto-based independent brokerage Richardson GMP Ltd. is doubling down on growth with significant investments in technology and a rebranding effort that showcases the firm’s new focus on “the next generation of wealth.” 

Read more.  

Richardson GMP helps keep Daily Bread moving

November 14, 2018
Daily Bread Food Bank 

Richardson GMP announced a three-year, $100,000 sponsorship of Daily Bread Food Bank’s food delivery trucks used for distribution of food to their 126 member agencies. 

Read more.  

Richardson GMP gets rebrand, puts sale saga in the past

November 6, 2018
Wealth Professional Canada 

Richardson GMP has been given a makeover as iit aims to put its destabilizing on-off sale well and truly in the past. 

Read more.  

Managing the next generation of wealth

November 6, 2018
Andrew Marsh on BNN 

Richardson GMP, one of Canada's leading wealth management firms is changing the conversation about wealth. Andrew Marsh, president and CEO of Richardson GMP, joins BNN Bloomberg to talk about how the company is addressing the complexity of wealth with family business clients.

Watch here.  

Richardson GMP rebrands

November 5, 2018
Advisor's Edge 

The rebrand solidifies Richardon GMP's network of partners dedicated to servicing the wealth management needs of entrepreneurial Canadians and their families.

Read more.  

Inside Western Canada's wealthiest dynasty - and the question of who will run it next

October 27, 2017 
ROB Magazine - Globe and Mail

Over 160 years, the Richardson family has quietly built a $9-billion prairie powerhouse. Now they just have to figure out who will run it next. 

Read more.