Vancouver, British Columbia, March 9, 2017 – Nicola Wealth Management (NWM) won the Best Managed award in 2016 and is proud to be a Requalified winner in 2017.
Having developed an exceptional reputation in the Canadian financial services industry, NWM is honoured to be recognized among this well-regarded group of Canada’s Best Managed Companies.
Presented by Deloitte, Canada’s Best Managed Companies is Canada’s leading business awards program, recognizing excellence in Canadian privately-owned and managed companies. Winners demonstrate continual excellence in innovative management and business performance. Deloitte acknowledged that their 2016 winners have prospered despite a fluctuating economy and went on to describe this year’s list as “flexible, innovative, forward-thinking, and technology-focused.” Trends common to Best Managed companies, enabling their success, include:
- Attention to the changing market and preparing for potential swings;
- Adaptation of corporate strategy based on market conditions;
- Investment in technology, creating competitive advantage with new developments;
- Focus on leadership and success planning
“On behalf of everyone at NWM, we are honored to receive recognition as one of Canada’s finest organizations. Our dedication to excellence and innovation continues to drive our firm’s growth and allows us to proudly serve our clients across the country” said David Sung, President, Nicola Wealth Management.
A complete list of Best Managed winners is available here:
About Nicola Wealth Management
Established in 1994, Nicola Wealth Management (nicolawealth.local) is among Canada’s fastest growing asset fund management and private investment counsel firms (Investor Economics 2016) with nearly $4.5-billion in assets under management. The firm provides portfolio diversification well beyond stocks and bonds, comprehensive and integrated wealth planning, and historically consistent and stable returns, serving affluent families, institutions, and foundations across Canada.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. 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 five levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified 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 their 4th consecutive year); 4) Gold Standard requalified winner (Award recipients that have applied and successfully retained their Gold Standard designation for two additional years, subject to annual operational and financial review); 5) Platinum Club member (Winners have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.