Richardson GMP is Now Richardson Wealth

TORONTO, Nov. 16, 2020 /CNW/ – GMP Capital Inc. (GMP or the Company) (TSX: GMP) announced today that effective immediately, Richardson GMP Limited, now a wholly-owned subsidiary of the Company, will carry on business under the name Richardson Wealth and Patrimoine Richardson in the anglophone and francophone markets, respectively.  

Recognized as one the leading independent wealth management firms in Canada and a Great Place to Work™, Richardson Wealth will build on the 90-year history of the Richardson brand in financial services to capitalize on opportunities in a dynamic and fast-expanding wealth management industry that is expected to grow to $7.7 trillion by 2028, up 75% from approximately $4.4 trillion currently.

“We are proud to be associated with the iconic Richardson brand” said Kishore Kapoor, President and Chief Executive Officer of GMP, the parent company of Richardson Wealth. “For us, the power of the Richardson Wealth name is symbolic.  It not only marks a new name; a new beginning; a new insignia; it represents a name on the door that promises adherence to the values, long standing traditions and high standards that Canadian families expect from guardians of their wealth.”

Andrew Marsh, Richardson Wealth’s President and CEO said, “It was imperative that our new name and logo mirror the evolution of our wealth management business and outwardly project our association with the rich 90-year legacy of the Richardson brand in financial services.  Our new name best represents the firm’s future and our commitment to continue supporting the strong community of Canada’s top advisors and their clients who call Richardson Wealth home.”

Later this month, GMP Capital Inc. will be renamed RF Capital Group Inc.  To learn more about Richardson Wealth and the Richardson brand please visit and for RF Capital Group Inc. visit