Nicola Wealth financial advisors recognized as industry top performers
By: Wealth Professional Canada
Nicola Wealth's Karen Ikeda, Sophia Ito, Jason Nicola, Howard Kwan and Brent Thomson have been included in Wealth Professional Canada magazine's annual Top 50 Advisors report, spotlighting 50 of the best advisors working in the Canadian wealth management industry today.
This year's largest advisor in terms of AUM, Karen Ikeda manages more than $1 billion, despite being down $100 million for the year as she spreads out her personal business. A senior financial advisor at Nicola Wealth, Ikeda has been with the firm since its inception. Top female advisor on this year's list, Sophia Ito is now part of Nicola Wealth, where like a few of her colleagues, she's been growing her AUM while shrinking her overall client list. She now manages more than $613 million across 174 households. Jason Nicola added close to $150 million to his AUM over the past year, giving him one of the top AUM increases among this year's Top 50. Howard Kwan saw a nearly $100 million jump in AUM over the past year, even as he shrunk his overall client base, suggesting that his focus on high net- worth individuals is paying off. He's now part of the Vancouver-based team at Nicola that has turned an institutional approach to investing into a fast-growing pot of AUM.
Nicola Wealth's point man in the Okanagan, Brent Thomson joined the firm in 1997 with a mandate to build and develop the company's Kelowna office. That has translated into steady growth and a significant AUM, especially as the Okanagan becomes a retirement refuge for Vancouverites. Thomson, Ikeda and the rest of the Vancouver-based team at Nicola Wealth have put together a massive book of clients on the West Coast. The next big goal for the firm is a push east, towards Toronto.
"In total, this year's Top 50 Advisors are managing more than $16 billion worth of assets, improving on last year's total by close to $6 billion," says the Wealth Professional team. "Once again, this year's list contains advisors from across the country, representing seven different provinces; British Columbia narrowly surpassed Ontario for the first time this year with the most advisors on the list (17 versus 15). The years of experience amassed by this year's Top 50 Advisors ranges from five to 37, highlighting both the current strength and the bright future of wealth management in Canada."
For the full report see issue 8.01 of Wealth Professional Canada magazine out now. To view the list and to find out more about the top advisors from Nicola Wealth click HERE (https://www.wealthprofessional.ca/