Macquarie hits 200-advisor milestone

Macquarie Private Wealth has announced it has hit a milestone of 200 advisors, spread across 12 offices between Victoria and Montreal. The firm entered the Canadian market in 2009 with the acquisition of Blackmont Capital.

“In the span of less than 24 months, we’ve added 80 advisors to reach 200, a remarkable achievement and a testament to the unique culture and business model we’ve developed in Canada,” said Earl Evans, CEO and head of Macquarie Private Wealth Canada. “We applaud the dedication of our original team of brokers and the top-tier practitioners who have joined us and chosen to continue building their practices with us.”

The firm says it plans to maintain its recruiting momentum, focusing on leading advisors and their teams who are seeking to build their business.

“We have deliberately created a culture of ‘Freedom within Boundaries’ for advisors, giving them the scope to operate a variety of different business models, while having the backing of a strong and profitable global organization,” said Matthew Rady, head of Macquarie North America Banking and Financial Services Group. “We’re especially pleased that the culture and business model we founded in Australia years ago has been embraced by the Canadian market.”

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