Chief operating officer Dave Kelly will take over Oct. 1
Richardson Wealth’s chief operating officer Dave Kelly will take over as the wealth manager’s chief executive on Oct. 1 as Kish Kapoor announces his retirement.
With about $38-billion in assets as of July 31, Richardson Wealth is one of Canada’s largest independent wealth managers, with 154 investment adviser teams and 22 offices across the country. In 2020, Richardson Wealth – formerly known as Richardson GMP Ltd. – broke apart from former parent GMP Capital Inc. and began the lengthy process of becoming a stand-alone, publicly traded wealth-management business.
Last September, he began the hunt for a successor - which included interviewing more than 100 candidates.Richardson’s executive leadership team While he has only been with Richardson Wealth for just over six months, Mr. Kelly is a 30-year veteran in the wealth management industry in Canada. Now, Mr. Kelly is doubling down on adviser support, which includes technology upgrades and efficient compliance.
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