After just three years in business and in the first year of its eligibility, Wellington-Altus Private Wealth was rated the No. 1 investment advisory firm in Canada.
The ranking, produced by the publication Investment Executive, surveys financial advisors at the 14 largest firms in the country including the Big Six banks’ investment firms.
Wellington-Altus’ score was the highest by far.
“Not all firms were equal,” Investment Executive said. “The gap between the… ratings for the top- and lowest-rated firms was significantly wider than a year ago (at 2.7 in 2020 versus 1.9 in 2019), and it seems that a clearly communicated firm strategy can make or break a rating.”
Wellington-Altus racked up an average score of 9.6. Only three others broke 9.0.
With a focus on technology and an aggressive acquisition strategy, the firm has grown to about 22 offices, 250 employees and $10 billion in assets under administration. The firm has been particularly successful attracting top producers from other firms across the country.