Credential Financial surpasses $30 billion in assets as company marks 25th year in business

By: IIJ Staff

Wealth management services firm Credential Financial has surpassed $30 Billion in assets under administration (AUA) as they celebrate 25 years of business in 2017, announced the company March 1.

In 2009, assets were at $8.75 billion, and have since increased to $30.2 billion, representing growth of 246 per cent in the last eight years. The company’s fee-based accounts have seen a 360 per cent growth rate over the last three years.

Laser focus on empowering financial growth

President and CEO of Credential Financial, Doce Tomic, says, “Throughout our 25-year history, Credential has kept a laser focus on our mission of empowering financial growth for Canadians, all while staying true to the community values of our credit union partners. Achieving this milestone is testament to this focus. As we embark on our next chapter, we’ll continue to provide our partners with the innovative tools and technology they need to succeed and compete effectively in the new financial industry landscape.”

Credential, a Vancouver based-firm, was formed in 1992 to offer mutual funds. It now provides full wealth management advisory services to more than 200 organizations and over 1,500 advisors and portfolio managers across the country.

Ongoing innovation

Bill Maurin, President and CEO of Meridian Credit Union, says “As a long-time partner with Credential, we have directly experienced what it means to work with a partner who is 100% committed to our success. Through ongoing innovation, expert advice, and outstanding service, Credential has been particularly instrumental in building innovative wealth management strategies that have empowered growth for credit unions and the members we serve.”

Read the full article here: http://insurance-journal.ca/article/credential-financial-surpasses-30-billion-in-assets-as-company-marks-25th-year-in-business/