Former Grayhawk Wealth founder, RBC leader joins investment firm
Nicola Wealth has hired a seasoned leader to drive its ultra-high-net-worth business as it recognizes an opportunity for growth in the market segment.
Michael Kaumeyer brings two decades of industry experience to his new role. In 2015 he founded Grayhawk Wealth and as CEO he successfully grew the firm to $1.5 billion in AUM before selling his majority stake in 2020.
At Nicola Wealth he is tasked with establishing clear definition for - and expansion of - the firm’s UHNW services, ensuring clients receive the highest level of personalized and innovative wealth management solutions.
He will be based in Calgary but work nationally across the firm, leveraging his leadership skills developed over his years in the industry including roles at RBC where he was business development manager, and Strategy Partners, where he served as CEO for more than three years.
"Michael’s decision to join us speaks volumes about our approach to wealth and legacy management,” said Vanessa Flockton, President, Private Wealth. "We don’t just serve our clients; we care deeply about them, their families, and their communities. Michael shares our belief that the key to lasting success is building strong, personal relationships. He will help us build upon our proven track record of long-term performance, sophisticated planning and enduring relationships.”
Nicola Wealth was founded 30 years ago this year and recently announced a significant change in its leadership with founder John Nicola set to hand over the CEO role to his son Christoper by the end of 2025.
