Announcement brings Q Wealth into Saskatchewan
Q Wealth Partners announced today that it has added PWM Private Wealth Counsel in Saskatoon, Saskatchewan to its partnership. The addition of PWM comes following a comprehensive due-diligence and discovery process.
Q Wealth Partners operates a co-op like structure, as it is owned and governed by its member partners. A shared “client first” values et is key to that partnership, according to a press release announcing the move.
PWM Private Counsel has gained prominence in the prairie provinces through a family-office like approach to their clients. Taking a comprehensive approach to wealth advice the firm was founded in 2009 by Kevin Hegedus, a 7-time honouree on WP’s Top 50 Advisors list.
According to the release, PWM was considering establishing their own portfolio management firm, which offered promising outlooks to their clients but was quite resource intensive. Q Wealth has been able to provide specialized resources and support so PWM Wealth Partners can begin to scale more effectively.
Jared Rabinowitz, Executive & Founding Partner of Q Wealth explained how the partnership was established.
“The Executive team get to know our Partners on a professional, reputational, and personal level before we start introducing them to the existing Partners. We knew of Kevin (Hegedus) and Dana by their reputation as a top performing team, and that came with some expectations,” Rabinowitz said. “We certainly came to understand what made them so successful, but were pleasantly surprised by how down-to-earth, and genuinely wonderful people they truly are. Q Wealth Partners are high-performers, but that is table stakes. MUCH more important is the human dimension. Partners must demonstrate integrity, and strong character.”
Read more: Q Wealth Partners named Canadian ambassadors for Future Proof 2024 | Wealth Professional
For his part, Hegedus added that he and his firm are excited at the new opportunities opened by their partnership with Q Wealth.
“I’m so excited to be part of a firm that has an alignment for me in terms of values and culture - where the client is truly put first. There is so much to be said about having true independence, about not being tied to investment products on a dealer’s shelf, and where portfolios are connected to a client’s goals, risk profile, and other needs. One of our strengths at PWM lies in the team we have built, and through our Partnership with Q Wealth, our clients now have access to some of the top portfolio managers in Canada with sophisticated investment strategies and portfolio construction. This is a real game changer. We are very excited about the future, and I hope our clients are very pleased by this opportunity for their portfolios and plans – they are dealing with PWM, Q Wealth, NBIN, and a team that cares.”
