Performance figures for each account are calculated using time weighted rate of returns on a daily basis. The Composite returns are calculated based on the asset-weighted monthly composite constituents based on beginning of month asset mix and include the reinvestment of all earnings as of the payment date. Composite returns are as follows:

Five Nicola Wealth Advisors Named Wealth Professional Top 50 Advisors 2020

We are pleased to share that five Nicola Wealth advisors have been named on the Top 50 Advisors 2020 List by Wealth Professional. Congratulations to Howard Kwan, Jason Nicola, Sophia Ito, Brent Thomson, and Karen Ikeda.

In total, this year’s Top 50 Advisors are managing more than $16 billion worth of assets, improving on last year’s total by close to $6 billion. Once again, this year’s list contains advisors from across the country, representing seven different provinces, with British Columbia narrowly surpassing Ontario for the first time this year with the most advisors on the list.

The years of experience amassed by this year’s Top 50 Advisors ranges from five to 37, highlighting both the current strength and the bright future of wealth management in Canada.


The Selection Process

To determine which advisors make the final list, Wealth Professional considers multiple factors, including overall AUM, AUM growth, number of clients and client growth. Each factor is given a specific weighting and entered into an equation that produces a score for each advisor; the final ranking is determined by that score. While these factors alone don’t measure an advisor’s overall abilities, in combination, they provide insight on an advisor’s performance and effectiveness.

You can read the full list and article in Wealth Professional here starting on page 22 or the online special report here.