Sean Ryder of Loreto Ryder & Associates Private Wealth Management is rank 36 in Wealth Professional Canada's 2019 Top 50 Advisors
Loreto Ryder & Associates Private Wealth Management
IG Private Wealth Management
Sean Ryder of Loreto Ryder & Associates found the financial industry as a second career. “I was in the pharmaceutical industry for eight years,” he says. “I was always giving advice to my colleagues and friends to optimize their financial situation. I got laid off and decided to enter this industry because I had a passion for providing advice and helping families do better.”
Now Ryder, who saw his AUM grow to more than $226 million in the last year, is focused on protecting his current clients’ money while adding new high-net-worth clients. However, he acknowledges that the industry is facing multiple challenges.
“Market volatility is scaring clients to make rash decisions that can negatively impact their financial future,” he says. “I would also say the tightening of fees is putting downward pressure on compensation, which can affect your practice from earning less or decreasing the size of your team.”