Each week, Investment Executive summarizes notable moves across the financial industry.

  • BMO Private Wealth Canada shook up its leadership ranks for the third time in the past six months, adding leaders from two rival banks and a technology firm earlier this week. The new hires were Craig Meeds as head of wealth advice, Canada; Martha Moen as head of operational excellence and growth; and Maarten Jansen as head of North American products and platforms. Meghan Meger, who was named sole head of BMO Private Wealth Canada in October 2023, is now senior advisor to BMO Wealth and will retire at the end of the year.
  • Robert Sutherland is the new managing director and head of real estate with the equity capital markets team at Raymond James Ltd. He’ll be working with the firm’s Canadian investment banking team. He most recently worked with Laurentian Bank Financial Group as managing director of investment banking, and his industry tenure includes time spent with Toronto-based Echelon Wealth Partners and National Bank Financial.
  • Catalyst Canada Inc., the Toronto-based arm of a global non-profit network that promotes inclusive workplaces, has appointed three financial industry executives to its advisory board: David Gunn, president of Edward Jones Canada; Veni Iozzo, executive vice-president of enterprise real estate and workplace transformation with CIBC; and Christine Morris, senior executive vice-president of transformation, enablement and customer experience with TD Bank Group. Catalyst also named Linda Hasenfratz, executive chairman and CEO of Guelph, Ont.-based manufacturing company Linamar Corporation, as chair of the board.
  • Banwell Private Wealth has joined Wellington-Altus Private Wealth in Toronto. The team includes senior wealth advisor and portfolio manager Fred Banwell and senior investment associate Bonnie Wilson. The team comes from Richardson Wealth.
  • Ken Thomson has been promoted to CEO of Toronto-based private credit firm Montfort Capital Corp. He first joined in 2021 as chief strategy officer, following Montfort’s acquisition of the private credit company he founded in 2015. Thomson succeeds Andrew Abouchar, who was interim CEO for nearly one year and will continue as executive director and board member. The firm manages more than $290 million in assets under management.

If you know of other people moves in the financial industry and/or would like us to consider your announcement, email Katie Keir at katie@newcom.ca.