Canada’s Top Wealth Advisors

Program Update

Canadian Investment Regulatory Organization (CIRO) sent a notification to all registrants on Aug. 1 regarding advisor rankings. The notice specified that advisors may not use the rankings for marketing purposes or participate in rankings that use or have the appearance of using sales activity, including assets under management. Because The Globe and Mail and Shook Research include assets as criterion, the decision has been made to not proceed with 2023’s Canada’s Top Wealth Advisors and Best in Province rankings or hosting the Canada’s Top Wealth Advisor Summit this fall.

Recognizing the highest quality advisors in Canada is a worthy initiative, SHOOK and The Globe and Mail are committed to showcasing the great work advisors are doing for Canadians. Even though SHOOK focuses on qualitative metrics, to ensure 100% compliance with CIRO, SHOOK will begin the entire process from the beginning, including nominations and a new survey.

Thank you for your support of Canada’s Top Wealth Advisors program, and we look forward to working with you on the evolution of this important program for Canadian investors and the wealth management industry.

For further questions, please contact: TopWealthAdvisor@globeandmail.com