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:

Nicola Wealth Management Recognized as One of Canada’s 10 Most Admired Corporate Cultures


Nicola Wealth Management Recognized As One Of Canada’s 10 Most Admired Corporate Cultures

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Vancouver, British Columbia, November 23, 2015 – NICOLA WEALTH MANAGEMENT (NWM)has been recognized as having one of Canada’s 10 Most Admired Corporate Cultures (Growth & Small Cap). The program, presented by Waterstone Human Capital, distinguishes outstanding workplaces where culture impacts performance.

NWM was nominated for this award, having developed an exceptional corporate culture and working environment across multiple offices, from Vancouver to Toronto.

“It was a privilege to be nominated and we are absolutely honoured to be named one of Canada’s 10 Most Admired Corporate Cultures” said David Sung, President of NWM. “Our firm’s culture is the sum total of everyone’s effort and reflects our team’s dedication to creating a positive and aspirational work environment.”

“In our work at Waterstone, we partner with leaders of high-growth organizations to help them recruit for fit and provide counsel on human capital issues to drive performance,” said Marty Parker, President and Chief Executive Officer of Waterstone Human Capital and Chair of Canada’s 10 Most Admired Corporate Cultures™. “What’s so impressive about this diverse list of 2015 winners is their shared belief that culture is their competitive advantage – they know that building and sustaining a great culture is a significant asset that drives performance. The 2015 winning organizations have shown diverse strategies in achieving inspirational cultures that have measureable results.”

The recognized organizations are selected by a panel of experts based on six measurement criteria including:

  1. Vision and Leadership
  2. Recruitment and Hiring for Fit
  3. Cultural Alignment and Measurement
  4. Retention, Rewards and Recognition
  5. Organizational Performance
  6. Corporate Social Responsibility

Ten organizations are recognized as national winners in each of the following four categories for 2015:

  • Enterprise (revenues above $500-million)
  • Mid-Market (revenues over $100-million to $500-million)
  • Growth & Small Cap (revenues under $100-million), and
  • Broader Public Sector

Nicola Wealth Management and all of the finalists will be celebrated at the 2015 Awards Gala & Summit at The Fairmont Royal York in Toronto on February 25, 2016.

About Nicola Wealth Management

Established in 1994, Nicola Wealth Management (nicolawealth.local) is Canada’s fastest growing asset fund management and private investment counsel firms (Investor Economics 2015) with almost $4-billion in assets under management. The firm provides portfolio diversification well beyond stocks and bonds, comprehensive and integrated wealth planning, and consistent and stable returns, serving affluent families, institutions, and foundations across Canada.

About Waterstone Human Capital

Waterstone Human Capital is a leading retained executive search firm specializing in recruiting for fit and cultural talent management for entrepreneurial-minded, high-growth organizations across North America. The Canada’s 10 Most Admired Corporate Cultures™ and Canada’s Most Admired CEO™ programs (HTTP://CANADASMOSTADMIRED.COM) are founded and presented by Waterstone Human Capital. These national programs, annually recognize best-in-class Canadian organizations and CEOs for fostering cultures that enhance performance and sustain a competitive advantage. Program winners will be celebrated at the annual Canada’s Most Admired Summit and Gala, to be held on Thursday, February 25th, 2016 at the Fairmont Royal York in Toronto (100 Front St W).

About Canada’s 10 Most Admired Corporate Cultures™:

This national program, now in its 11th year, annually recognizes best-in-class Canadian organizations for having cultures that enhance performance and sustain a competitive advantage. Forty winners are annually chosen across four categories; three are based on revenue (growth and small cap, mid-market and enterprise) and one not-for-profit category (broader public sector). Organization’s submissions are scored on 6 categories: vision and leadership, recruitment and hiring for fit, cultural alignment and measurement, retention, rewards and recognition, organizational performance and corporate social responsibility. The Canada’s 10 Most Admired Corporate Cultures™ program creates a benchmark of success for all those who are nominated.


For further information or for interview requests, please contact:

Victoria Grady                                                     Lawrence Chew
604.484.1286                                                      604.739.6480
[email protected]                     [email protected]