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 Recognized as One of Canada’s 10 Most Admired Corporate Cultures for a third time.

Vancouver, British Columbia, November 25, 2021 – Nicola Wealth has once again been recognized as one of Canada’s 10 Most Admired Corporate Cultures (mid-market). The program, presented by Waterstone Human Capital, distinguishes outstanding workplaces where culture impacts performance.

Nicola Wealth is a consecutive winner and is thrilled to be recognized again for having developed an exceptional corporate culture and working environment in offices across Canada.

“We are honoured to earn our place among Canada’s 10 Most Admired Corporate Cultures” said Heather Claridge, SVP People and Culture at Nicola Wealth. “Our firm’s culture has played a vital role in the remarkable growth and continued performance we’ve experienced over the past few years; throughout the challenges of the pandemic, our people have always come first.”

“At Waterstone we believe corporate culture drives performance and that it’s your organization’s greatest asset,” says Marty Parker, President and Chief Executive Officer of Waterstone Human Capital and Chair of the Canada’s Most Admired™ program. “Each of the 2021 award recipients puts culture at the centre of everything they do and demonstrates a commitment to culture as a competitive advantage. They set an excellent example of how crafting and sustaining a high-performance culture can drive incredible growth and performance.”

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 five categories for 2021:
  • Enterprise (revenues above $500-million)
  • Mid-Market (revenues over $100-million to $500-million)
  • Growth & Small Cap (revenues under $100-million)
  • Emerging, and
  • Broader Public Sector

Nicola Wealth and all of the finalists will be celebrated at the 2021 Awards Gala on Thursday, March 31st, 2022 in Toronto at the Canada’s Most Admired Awards Celebration and Most Admired Corporate Cultures Summit.

About Nicola Wealth
Nicola Wealth Management Ltd. is a wealth management firm dedicated to serving the complex needs of institutions, high-net-worth families, entrepreneurs, and professionals across Canada. Nicola Wealth is responsible for over $11 billion in assets under management (AUM), investing in a wide range of asset classes, including hard asset real estate, private equity, private debt, commercial mortgages and venture capital. For more information, please visit

About Waterstone Human Capital
At Waterstone Human Capital inspires organizations to build high performance cultures. Waterstone is a human capital management consulting firm specializing in retained executive search, cultural measurement and assessment, and leadership training and development. They have successfully helped hundreds of entrepreneurial-minded, high-growth organizations across North America recruit, measure and train for fit. Waterstone is also the founder of the Canada’s Most Admired™ Corporate Cultures and Canada’s Most Admired™ CEO programs. These national programs annually recognize best-in-class Canadian organizations and CEOs, for fostering cultures that enhance performance and help sustain a competitive advantage. For more information please visit or

About Canada’s 10 Most Admired Corporate Cultures™
This national program annually recognizes best-in-class Canadian organizations for having cultures that enhance performance and help sustain a competitive advantage. Forty winners are chosen across four categories; three are based on revenue (emerging, growth, mid-market, and enterprise) and one not-for-profit category (broader public sector).  Organizations’ submissions are scored on six 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 Most Admired™ Corporate Cultures program creates a benchmark of success for all those who are nominated.


Victoria Emslie
Manager, External Relations
Nicola Wealth
[email protected]