Who is Richardson GMP?

Richardson Wealth is one of the largest independent wealth management firms in Canada with $29 billion of assets under administration (as at September 30, 2020) and 19 offices across the country.

Who owns Richardson GMP?

RF Capital Group
owned 43.8% of GMP Capital, Richardson Wealth advisors owned 30.7% and existing GMP Capital shareholders owned 25.6%. In November, the brokerage changed its name to Richardson Wealth (Patrimoine Richardson in Quebec), while the parent firm changed its name to RF Capital Group.

Who owns Richardson wealth?

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.

How many Richardson advisors are worth?

160 investment advisers
Richardson Wealth Ltd., a subsidiary of RF Capital, is one of Canada’s largest independent investment dealers, with about 160 investment advisers managing $136- billion in assets.

What happened to Richardson GMP?

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.

How much is the Richardson family worth?

The family’s estimated net worth of $860 million has largely been amassed through its grain industry dealings, but their company is also involved in real estate, oil and gas and investments. Hartley is the fifth generation of Richardsons to run the family business.

Who bought GMP?

Toronto-based GMP Capital Inc. has revised the terms of its deal with Winnipeg-based Richardson Financial Group to buy all shares of Richardson GMP. The definitive purchase agreement announced today is the culmination of the negotiations between the two firms since the transaction was announced in February.

When did Stifel buy GMP?

ST. LOUIS, Dec. 06, 2019 (GLOBE NEWSWIRE) — Stifel Financial Corp. (“Stifel”) (NYSE: SF) today announced that it has completed the acquisition of substantially all of the capital markets business of GMP Capital Inc.