Vancouver, B.C., May 9, 2023 -- Nicola Wealth, one of Canada’s fastest-growing independent wealth management firms, is proud to announce that it has received a prestigious 2023 Canada’s Best Managed Companies award.
The Best Managed Companies program is one of the country's leading business awards programs, recognizing excellence in Canadian-owned and managed companies. Winners are selected based on a rigorous and independent process that evaluates their leadership in the areas of strategy, culture, commitment, capabilities, innovation, governance and financial performance.
"We are honoured to be recognized as one of Canada's Best Managed Companies," said Jamie Duncan, Chief Operating Officer of Nicola Wealth." Achieving membership in the Platinum Club for another year is a testament to our firm’s ambition, innovation, collaborative culture, and ultimately, providing an exceptional experience to our clients."
Nicola Wealth has experienced remarkable growth since the firm’s inception in 1994. This is a result of Nicola Wealth’s proven track record of delivering customized wealth management solutions to high-net-worth individuals, families, and institutions. The firm's comprehensive approach combines investment management, tax planning, estate planning, and philanthropy to create a holistic financial plan for each client.
"The success in our business at its core has always come back to providing personalized, high-quality advice and service to our clients," said John Nicola, Chairman and Chief Executive Officer of Nicola Wealth. "With this dedication in mind, we thoughtfully grow our business, services, and investment offerings for our valued clientele.”
The 2023 cohort of Best Managed companies shares common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About Nicola Wealth
Nicola Wealth Management Ltd. (Nicola Wealth) is an independent wealth management firm dedicated to serving the complex needs of high-net-worth individuals, families, and institutions. Today, the firm services these clients across Canada, with advisors in BC, Alberta and Ontario, and is responsible for over $13.5 billion in assets under management (AUM). Nicola Wealth delivers a level of diversification that extends beyond publicly traded securities to include access to a wide range of private asset classes including hard asset real estate, private equity, private debt, mortgages and more.
For more information about Nicola Wealth, please visit www.nicolawealth.com
Media Contact:
Victoria Emslie
Senior Manager, Corporate Relations
604-484-1286
