Industry moves this week

Each week, we summarize notable moves across the financial industry.

• Marie-Claude Brassard has been promoted to vice-president, development and client experience, from vice-president and regional manager for central Quebec, with National Bank Financial Wealth Management. Taking on this role means she’s joined the executive team, plus she’ll lead the bank’s newly created best practices and onboarding team that will support wealth advisors across the country, the bank said in an emailed statement. Brassard has more than 20 years of experience in wealth management, the statement said, with a focus on business development and branch management. She’s worked with the bank for more than 10 years.
• Michelle Barclay, Andrei Gawaran and Micah Lau have all joined Richardson Wealth’s advisor service centre from BMO Private Wealth, where they were all directors for several years. Barclay, who was director of service management with BMO and has been in the industry for more than two decades, was named vice-president of advisor services with Richardson. Gawaran, who was director of strategic initiatives with BMO and has nearly 15 years of experience, was named vice-president and co-head of process re-engineering. Lau is the other vice-president and head of process re-engineering; he was formerly director of innovation solutions with BMO and first joined financial services in 2012.
• Kevin Spasiuk, Adrian Reynolds and Inga Matyszczuk have all joined Raymond James Ltd., bringing the Spasiuk Reynolds Wealth Advisory Group to the firm’s Edmonton branch. The group comes from BMO Nesbitt Burns, part of BMO Private Wealth, where both Spasiuk and Reynolds were investment advisors. Spasiuk has been in the industry for several decades, while Reynolds has about 16 years of experience. Matyszczuk is the group’s business development associate.
• Nadine Ahn was named deputy chief financial officer with Canaccord Genuity Group Inc. Read more about the former Royal Bank of Canada chief financial officer’s appointment.
• Terri-Lee Weeks will take over from Gillian Riley when she retires as president and CEO of Tangerine, the direct bank subsidiary of Scotiabank, in November. Read more.
• Former Ontario auditor general Bonnie Lysyk and former Ontario Securities Commission secretary Josée Turcotte were added to the OSC’s executive team. Lysyk joined the OSC as executive vice-president of enforcement, filling the vacancy left by Jeff Kehoe in February. Read more.
• Sybil Verch, formerly a member of the executive team with Raymond James Ltd., has launched the Wealth Life Group. Operating out of Raymond James, this group will serve “a limited number of C-suite executives, partners and business owners that are transitioning to the next chapter in their own life, whether embarking on a new business venture, career path, director role or transitioning into semi- or full retirement,” Verch said in her announcement. In 2023, Verch stepped out of her leadership role, as executive vice-president and head of private client services, to focus on being an advisor once again. Her new group’s team includes wealth advisor and associate Cailyn Wolski, who’s been with Raymond James for two years, as well as a team of planning specialists.
• Todd Gladman will retire from RBC Financial Planning at the end of this month, after working with the bank for nearly 50 years. He’s currently regional manager, investment and retirement planning, a role he’s held for more than 15 years. He said in his announcement that he’s been “blessed” to have spent almost five decades, with a focus on “serving those who entrusted something of their financial wellness to us, providing advice and counsel.”
• Eric Noll, a governor and chairman of the U.S. Financial Industry Regulatory Authority, is the new CEO of FusionIQ, a Massachusetts-based wealth management platform developer. Noll succeeds Mark Healy, who has stepped down from the leadership role after a four-year tenure with FusionIQ. Read more.
• Shereen Miller will become commissioner of the Financial Consumer Agency of Canada for a five-year term, beginning on Nov. 7. She’ll replace the outgoing interim commissioner, Werner Liedtke, who took on the position this past February.

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.