Experienced Canadian wealth management leader takes up new role next week
Dave Kelly, former head of Gluskin Sheff, is joining Richardson Wealth as chief operating officer next week.
Kelly has 25 years of wealth management industry experience including 14 years at TD Bank where he rose to senior VP and head of wealth management and financial planning. He joins Richardson, a Wealth Professional 5-Star Brokerage, on January 15.
With his team including Neil Bosch and James King, the recently appointed regional heads of Advisor Experience & Growth, he will focus on bolstering the advisor experience and support offered by the firm.
"It is an exciting time to be in an industry that is poised to double in size in the next decade, especially when a growing number of advisors and their clients are opting to join quality, independent boutique wealth management firms like Richardson Wealth,” Kelly said. “With the significant investments Richardson Wealth made to dramatically scale the business now in place, I am drawn to the firm's advisor-centric culture, the rich history of the name on the door, and the vision to become the brand of choice for Canada's top advisors and their clients."
Walked in our shoes
For Kish Kapoor, chief executive officer of RF Capital and Richardson Wealth, Kelly’s appointment is an exciting step in providing an enhanced advisor experience.
"Dave's vast experience, insight and leadership ability are a perfect fit for us as we pivot to accelerating growth," he said. "He has walked in our shoes. He has been an investment advisor, a branch manager, a regional leader, and a senior executive in the wealth management industry. Over his career, he's built his own practice, coached entrepreneurs and led efforts to drive bottom line results."
Richardson Wealth is focusing on its advisor support but also on recruiting more advisors and acquiring or partnering with like-minded firms.
"With Dave Kelly on our leadership team, we are even more confident we can accelerate growth in all areas of our business,” added Kapoor.
Richardson Wealth’s long-time CEO Andrew Marsh left the firm in the fall of 2023 to take a newly created role of vice chairman of Dynasty Financial Partners, a provider of technology-enabled wealth management solutions for registered investment advisor (RIA) firms in the United States.
"As Richardson Wealth embarks on the next chapter, the best thing for me and the firm is to pass the baton to the very capable leadership team currently being assembled by Kish Kapoor,” Marsh said at the time.
