Richardson Wealth vice-chair departs after five months

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Dean Manjuris, Vice-Chair, Richardson Wealth Ltd, has left the company after just five months in the newly created position.

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Mr Manjuris, who joined the company on May 3, resigned from his position earlier this week, according to an internal memo obtained by The Granthshala.

“This week, Dean Manjuris gave us notice that he will be terminating his employment contract with Richardson Wealth before it expires,” Richardson Wealth CEO Kish Kapoor said in the memo.

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“He was with us in the short time, his contributions were many. The Dean provided valuable advice on a range of topics and contributed to our recruitment efforts. It is with our regret that Dean is leaving, and we really wish him well in his future endeavours. “

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Prior to joining Richardson Wealth, Mr. Manjuris spent nearly 28 years at BMO Nesbit Burns, the brokerage arm of the Bank of Montreal, in several executive roles, including BMO’s global head of full-service investments and vice president for more than a decade. .

Mr. Manjuri could not be reached for comment.

In May, Richardson Wealth’s parent company RF Capital Group Inc. unveiled a new strategic plan to triple the company’s current $33 billion in assets under administration by 2026.

Part of that strategy included changes to the company’s senior leadership team and the introduction of the vice-chair position. In addition to Mr. Manjuris, Mr. Kapoor appointed former Equitable Bank executive Tim Wilson as chief financial officer and Julie Burnham as vice president of strategic communications.

At the time, Mr. Kapoor said the vice president’s position would play a role in “attracting the best talent to the industry” and help recruit around 45 to 60 investment advisors.

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