Control Your Future. Recruitment Guide for Experienced Investment Advisors & Portfolio Managers

Transcription

1 Control Your Future Recruitment Guide for Experienced Investment Advisors & Portfolio Managers

2 experience. driven. On behalf of the Executive and Management of PI Financial Corp. I would like to thank you for considering our firm for your investment advisory practice. Read on and you will realize the opportunity to be part of a leading independent Canadian investment dealer. At PI Financial (PI), our success and your success are fully aligned. Our platform, compensation, and equity ownership opportunity enables Investment Advisors and Portfolio Managers to build real wealth and participate in the firm s profitability. As you look through the next several pages of our overview, I encourage you to consider just a few of the many advantages our firm has to offer you: + Independence + Equity ownership in the firm + Competitive compensation + Entrepreneurial culture + Experienced Management and Executive team + Attractive downtown premises in Toronto, Winnipeg, Regina, Calgary, Victoria and our Head Office in Vancouver, BC For more information regarding opportunities at PI Financial Corp. please feel free to contact me directly. Don Cromar, CIM, FCSI Senior Vice President Head of Private Client Services Direct: (604) Toll Free: dcromar@pifinancialcorp.com 02

3 A Great Choice for You and Your Clients PI Financial Corp. (PI) is a fully integrated Canadian investment dealer with offices in Toronto, Winnipeg, Regina, Calgary, Victoria and corporate headquarters on the west coast in Vancouver. Founded in 1982, PI has grown from our original roots with our two founding partners, Max Meier and John T. Eymann and a couple of staff to present day with over 200 employees, providing trusted advice to over 30,000 clients. Our firm provides a full range of investment products and services for individual, corporate, and institutional investors through our Private Client Services and Capital Markets divisions. Our Investment Advisors control over 45% of the firm, with the balance owned by other employees and National Bank Financial (NBF), who provides us with additional support through its ownership position. Over the years, we have built a stable firm with a strong record of profitability. Our strong capital position has provided peace of mind for our clients, the stability needed for issuers and our Investment Advisors and excellent returns for our long term shareholders. As an IIROC member firm, we are also a member of the Canadian Investor Protection Fund ( providing your clients with the same protection afforded all clients of member firms in the highly unlikely event of insolvency. Our sound corporate governance has provided the leadership and necessary oversight which have led to excellent regulatory audits on a consistent basis. 03

4 Ownership with Significant Value and Influence We have always encouraged our IAs to take an equity position in the firm and they now own approximately 45%. Our shareholder bonuses provide an attractive yield, and as we grow further, PI shares should increase in value and continue to provide an attractive return on investment. Competitive Compensation At PI, you can be assured of a positive environment with the freedom to do your business your way. There is no pressure to sell proprietary products and our compensation ensures you keep a fair share of the revenue you generate. Our flexible and non-bureaucratic work environment is also reflected in our approach to fees and commissions. Our payouts are extremely competitive and reward the Advisor better than most of our competition. We offer our Investment Advisors and Portfolio Managers compensation on a flat payout basis. This flat payout is enhanced with incentives as you grow your business and the potential for higher payouts. We don t pay you less for pricing your business competitively. Our IA s and PM s pay a nominal ticket charge on each transaction, thereby creating a low minimum commission without costly chargebacks and reduced payout. The firm has prided itself on providing attractive payouts and a flexible structure where an Advisor can manage their practice. Giving you the freedom and flexibility to be compensated competitively, manage your costs and control your business is just one of the many benefits we offer at PI. Control Over Your Costs Our compensation model does more than provide preferred payouts it allows you to control costs. In exchange for a premium payout with monthly bonuses, PI allows you to manage the cost of your business, your way. It begins with a premise, that all entrepreneurial Advisors are able to manage their support costs efficiently. Our low monthly costs can be offset by monthly revenue bonuses. This premise reduces the friction that occurs when costs are centrally managed. The result is a practice where you control more of your personal income with support and guidance from the firm. Experienced and Reliable Infrastructure Our experienced Operations Team provides an efficient and professional back office for Advisors and clients. Our independent culture creates an operational advocacy with the Advisor Team and clients where all staff seek to enhance the client experience. PI s size enables you to work with a manageable group of people who will get to know you and your practice to better resolve client issues. Your onboarding experience will be seamless for you, your team and your clients. Our front office includes: + Broadridge Portfolio System with a fully integrated Order Management System (Dataphile) + Thomson One quote system + Intranet and internet site with timely information and updates + Access to dynamic IA websites offered by Advisor Websites + Full remote access capability In addition, our real time client account access provides clients with instant online access to account information. 04

5 A Full Range of Products and Services + Access to Equities, Options, and Exchange Traded Funds + Model portfolios, mutual funds, hedge funds, and structured products + Investment Banking support for both brokered and non-brokered financings + Fixed-Income offerings (including GICs) from most major dealers + Insurance & Segregated Funds through our wholly-owned insurance subsidiary, PI Financial Services Corp. + Access to the full suite of National Bank Financial (NBF) research, a wide variety of third party fundamental and technical research and our own internal Research Department + New Issues from both PI and NBF + Client online access + Full IA remote capability + RRSPs, RRIFs, TFSAs, and RESPs + Fee-based and traditional commission based accounts + Advisor Discretionary Managed Platform for accredited Portfolio Managers Extensive Research We recognize that your success can be dependent upon having the research tools at your fingertips that you need to support your decision making and to keep you and your clients informed and up to date. Our research is second to none with access to PI Financial Corp. s in-house Research Department covering Metals & Minerals, Oil & Gas, Special Situations, Consumer Products, and Technology. Externally, we receive research from our partners at National Bank Financial, as well as a variety of external independent fundamental and technical research. Clients are able to access our internal research through our web site as well as in hard copy. Co-branded copies of NBF research are also available. Through our intranet, Advisors can access timely information. + Commodities Futures and Managed Futures 05

6 New Issues and Investment Banking To diversify your revenue stream and provide your clients with access to new issues, PI is pleased to provide access to: + A complete range of new issues from small capitalization through to large cap companies + PI Financial lead, co-lead, and syndicate member deals + National equity issues via NBF + National debt issues via NBF + In-house Corporate Finance and analytical support for both brokered and non-brokered financings Experienced Local Management Our Management team understands your needs and will treat you as a valued client. With direct access to Senior Management, you have a voice and the opportunity for timely decision making. As many of our Senior Management team also run books of business, we are in touch with the investing public and understand the issues of the day. Combined with our open door policy, this understanding has enabled us to not only retain our Advisors, but to successfully recruit top talent. Our leadership team is involved in the industry with representation on various IIROC councils and Investment Industry Association of Canada (IIAC) committees. Our voice ensures we are representing the interests of our clients, our Advisors, and other member firms. 06

7 proven. insight. There is no substitute for the experience that comes from more than three decades of success in the financial services industry. Our profitability and capital position affords us the financial strength to protect the assets of our private clients and to serve our corporate clients financing needs. PI stands for a commitment to clients that is Professional, Personal, Passionate and dedicated to Performance. We are a company of Integrity, with Inspired people who have great Insight and Instincts. Contact us today to find out about how you can become a member of one of Canada s leading independent investment dealers. For more information regarding our firm, please check out our website at or call me directly. Don Cromar, CIM, FCSI Senior Vice President Head of Private Client Services (604) Toll Free (800)

8 Vancouver Burrard Street Vancouver, BC Canada V6C 3N1 Toll Free Phone Fax Victoria Douglas Street Victoria, BC Canada V8W 2B7 Toll Free Phone Fax Toronto King Street W Toronto, ON Canada M5H 3Y2 Toll Free Phone Fax Winnipeg Main Street Winnipeg, MB Canada R3C 3Z3 Toll Free Phone Fax Calgary th Avenue SW Calgary, AB Canada T2P 3C4 Toll Free Phone Fax Regina Cornwall Street Regina, SK Canada S4P 2K5 Toll Free Phone Fax Proven. Insight. Professional. Integrity. Members: All major Canadian Stock Exchanges, Investment Industry Regulatory Organization of Canada, Canadian Investor Protection Fund.