Steven Brophy, vice president and managing director, BMO Nesbitt Burns, has been awarded the IIAC Industry Scholarship Award, the Investment Industry Association of Canada said Friday.

The award is presented each year to an exceptional individual within the investment industry who demonstrates professional excellence, serves the community and contributes to building a stronger investment industry and capital markets for Canada.

“The IIAC could not be more pleased than to honour Steven Brophy as the inaugural winner of the IIAC Scholarship Award. Mr. Brophy’s character and professionalism, dedication to his clients and contribution to his community and the industry epitomize the true meaning of this award,” said Ian Russell, president and CEO, IIAC, in a release.

Brophy will receive funding to attend the Securities Industry and Financial Markets Association’s Securities Industry Institute, a leadership and management education program dealing with leading edge economics, finance, management, marketing, professional development and operations.

Brophy’s application exhibited true leadership, the IIAC notes. Under his management, his branch continued to excel even in the recent downturn in the market. He actively participates in the broader community through his volunteer work with a number of charities.

“Mr. Brophy offers support throughout the firm for strategic initiatives. His strong instincts and willingness to collaborate make him a valuable team member as we continue to launch new client solutions and look to grow and enhance our traditional offerings,” said Gilles Ouellette, president and CEO, Private Client Group, BMO Financial Group.

The award was announced at the IIAC Volunteer Appreciation Event held Thursday night in Toronto.

IE