Chad Larson of MLD Wealth Management Group is rank 14 in Wealth Professional Canada's 2019 Top 50 Advisors
MLD Wealth Management Group
Canaccord Genuity Wealth Management
Last year’s number-one advisor, Chad Larson, find himself back on the Top 50 list this year at number 14 – but he maintains the highest AUM on the list, at $610 million. For Larson, 2018 was marked by the move of his firm to Canaccord. “Under the rules, we could not tell clients [about the move] beforehand,” he says. “It was a scary moment, but about 15 hours after leaving blindly, we had near unanimous support from our clients. It was a reminder and a testament to the value we provide our clients. It was the most validating feeling I have had in my career.”
Larson is also pioneering change in the industry with the launch his own fund. “I launched a NI-81-102 compliant fund, fully prospectus cleared, available on Fundserv,” he says. “I want to grow the AUM of my core fund, MLD Core Fund, which is the first advisor-managed, prospectus-cleared fund in Canada. This has been astounding, and fund gathered $70 million [in AUM] in the first three months. The purpose of the fund is to provide a harmonized solution to clients across both core strategies and explore (alpha) opportunities.”
