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Industry veteran and GP Wealth CEO George Aguiar had a busy year. The company celebrated the opening of a new headquarters in Mississauga. The 96-year-old former Mayor of Mississauga, Hazel McCallion, showed up at the opening celebration, so you know it was a party. But the company has been expanding, undertaking an aggressive business development and recruitment campaign.
GP Wealth has an exclusive arrangement with Evolution Wealth Advisors that is seeing them develop succession plans for advisors hoping to exit the business at retirement. GP is looking for advisors with $40 million to $50 million under management. “We’ve had a lot interest,” Aguiar says. “There are three or four dozen advisors we’re speaking to at this point. We’ll add another 12 advisors. That’s what we’re planning. The average age of an MFDA-licensed advisor is 58. We’re reaching that point. There’s a real opportunity there.”
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