Practice: CIBC Wood Gundy
Firm: CIBC Wood Gundy
Location: Toronto, ON
Joel Carriere had the third largest growth in AUM of this year’s Top 50 honourees at a whopping $263 million, landing him at number 11 on the list. But things weren’t always this way for Carriere. “I was raised in a small town by a single parent, and we did not have any financial resources,” he says. “I decided to become a financial advisor in order to understand finances with the goal of getting myself out of poverty.”
Since then, Carriere has gone on to earn multiple certifications, helping to cement his expertise in the field. Yet he’s never forgotten where he came from. “My proudest moment wasn’t necessarily a professional success,” he says. “I have done very well financially since entering this industry, and the first item I bought was an air conditioner for my mom after I got my first pay cheque. That felt good, but my proudest moment was when I was able to buy her a house – with central AC – and then pay it off for her so she didn’t have to worry about money ever again.”
