As the team model becomes more popular, WP delves into who sets themselves apart in Canada
Advisors are forming teams. Where once this business thrived on individual service providers, the growing needs of clients and the capacity required to deliver sophisticated service has made advisory teams a more advantageous option.
That’s why Wealth Professional publishes our annual 5-Star Advisory Teams report. The 2024 list has just been revealed.
The list was built from hundreds of investor nominations. Each advisory team was assessed based on their meaningful contribution to clients and the financial industry, their understanding of client needs, and their impact over the last 12 months.
“Since our humble beginnings, we have thrived to become better every day and be the hardest-working people in Canada. Those are the two values that dominate our DNA,” says Camille Estephan, senior investment advisor at Diligence Wealth Management of Manulife Securities — one of the teams recognized. “Whether through face-to-face meetings, phone calls, emails, or digital platforms, we strive to maintain open lines of communication, fostering trust and collaboration throughout our interactions.”
Values of hard work, open communication, and dedication were found across the recognized advisory teams.
“We say please and thank you, show up on time, finish what we start, and do what we say we are going to do. This straightforward concept is challenging for many to execute consistently, but it is a core value for us. Our team is here because of our clients and share a commitment to exceptional service,” says Marni Harvey, Senior Investment Advisor at Harvey Morrison Private Wealth.
Those same values were echoed by TURN8 Private Wealth, another firm honoured in this list. They emphasized their collaborative, innovative, and approachable nature as well as a unique investment approach that includes alternative investment strategies to achieve strong risk-adjusted returns.
In addition, honourees mentioned the importance of a forward thinking practice powered by cutting edge technology.
“We are always improving the technology used to analyze and to gain insights into client behavior and preferences, allowing for more tailored advice and services. We are focused on hosting regular education events on various financial topics to help clients make informed decisions and increasing our reach to those who may need assistance,” says Shafik Hirani of Shafik Hirani’s Private Wealth Management Practice at Aligned Capital Partners Inc.
You can see the full list of teams here.
