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Don Promhouse, Senior Wealth Advisor

CIBC Wood Gundy – The Promhouse Financial Group

3420-1801 Hamilton Street, Regina, Saskatchewan, S4P 4B4

Team Assets (Custodied)

$526-million

Typical Size of Household Accounts

$1-million -
$3-million

Minimum Account Size for New Business

$1-million

Typical Net-Worth of Relationships

$2-million -
$4-million

Don Promhouse has dedicated his career to building and protecting his clients’ wealth for over four decades. He leads The Promhouse Financial Group at CIBC Wood Gundy, with a focus on wealth management solutions. Don’s practice currently manages $550 million of what he calls his partners’ assets.

In 1979, Don obtained a Bachelor of Administration from the University of Regina. His financial, tax, estate and insurance planning is a holistic blend of experience and professional designations. Don holds the Certified Investment Manager (CIM) designation, is a Fellow of the Canadian Securities Institute (FCSI), and has a Life Underwriters license, to name a few.

Don started his financial career at Pemberton Houston Willoughby (a regional brokerage firm) in 1986. Just 11 years later, he represented Saskatchewan in the Investment Dealers Association Award of Distinction. This award recognizes excellence and the highest standards of professionalism in the investment industry. In 1998, his investment process, “The Promhouse Waltz”, was featured nationally in Investment Executive. For almost 25 years, Don authored a weekly article in the Regina Leader-Post titled “Smart Money”. He also guest lectured at the University of Regina.

Don couldn’t deliver superior service to his partners without the support of his team. This includes his son, Jon Promhouse, Senior Wealth Manager and Portfolio Manager (12 years with The Promhouse Financial Group), Michael Urbanski, Client Associate (5 years with CIBC Wood Gundy), Joey Johannsen, Client Associate (35 years with CIBC Wood Gundy), and Tracy Schoenthal, Administrative Assistant (10 years with CIBC).

Don is known for his philanthropy and his work shaping the minds of future business students. He currently mentors students from the Paul Hill School of Business at the University of Regina. Don has been involved with the Regina Progress Club for 20 years, and served as President and Chairperson. He has personally raised over $200,000 for this charity. Don was instrumental in starting the H.J. Promhouse Scholarship Fund in Mathematics at the University of Regina, and has been a large donor to the Jim Pattison Children’s Hospital, CIBC Run For The Cure, and Punchline Comedy for Mental Health. During the pandemic, Don arranged over 360 meals for families seeking shelter at the YWCA.

Don and his wife, Lorraine, have three children (Jon, Michael and Jacqueline), and five grandchildren (Leia, Jack, Gemma, Hudson and Blakely). Don enjoys reading financial publications, travelling, cooking, spending time at the lake, and getting together with his friends and family.


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