Northern Securities Inc. today announced the opening of its Ottawa office and the hiring of three additional professionals in its Capital Markets Group.

“Our expansion into Ottawa continues our commitment to offer private client services to clients across Canada. We are especially pleased that Derek Wood, who has been an Investment Advisor with Northern Securities in Calgary, is responsible for and is now based in our Ottawa office,” said George Garner, executive vp, private client group, in a release.

Tim Murray joins the Calgary office of Northern Securities as an oil and gas analyst. Previously Murray was employed by an institutional investment dealer in Calgary where he was an associate energy analyst, and with a large bank-owned investment dealer. Murray has his Business Administration degree from the University of New Hampshire. He is a Level III graduate of the Chartered Financial Analyst program and has completed numerous energy and securities courses.

David Brill joins the Toronto office of Northern Securities as a special situations analyst. He has over 18 years of experience in the financial services industry at both large and boutique investment dealers. He has also served as COO at a financial services firm, and as a trader at a large investment dealer. Brill has his MBA with Distinction from the Wharton School, his Bachelor of Commerce from the University of Toronto, and is a CFA charter holder.

As a result of the hiring of Murray and Brill, Northern has two oil and gas analysts, two special situations analysts, one mining analyst, a technology analyst, an associate technology analyst, and an analyst in retail and consumer products.

Christophe Romary joins the investment banking team of Northern Securities with responsibility for our business in Quebec. Romary has over 10 years of experience in the securities industry in Montreal as a senior member of the management teams of several large investment dealers. Previously, he was the head of the technology group of a bank-owned investment dealer in Montreal. Romary has his MBA from Institut Superieur Des Affaires in France, his Engineering degree majoring in Telecommunications from Ecole Nationale Superieure de Physique de Marseille (ENSPM) in France, his Applied Studies degree also from ENSPM and his Bachelor’s degree in electrical engineering.

Subject to regulatory approval, Romary will be based in Montreal and be responsible for Northern Securities’ presence in the Quebec market.

“There are exceptional small cap companies in Ottawa and Quebec that are underserviced. We believe we have an opportunity to make a difference with the Northern small cap focus in these markets,” said Vic Alboini, chairman and CEO of Northern Securities.