The Schmidt Investment Group
CIBC Private Wealth
In high school, Marvin Schmidt was often teased by basketball teammates on road trips for studying the business pages, investment research reports and tips from the world’s best investors. It’s fair to say he’s having the last laugh.
With a mission to simplify wealth for clients, Schmidt has built his 30-plus-year career around a fierce desire to positively impact the lives of his clients, his team and some of the most vulnerable people in the world. Named Canadian Advisor of the Year at the 2020 Wealth Professional Awards, Schmidt also dedicates himself to Expand Hope, a charity he co-founded with his wife, Leah, which works to eradicate poverty in vulnerable communities.
The Schmidt Investment Group serves Canada’s affluent families, and the practice’s aim for 2022 is to continue to build out its family office division. With current AUM of $885 million, the team is also looking to hit the $1 billion milestone. The pandemic certainly hasn’t derailed these plans.
“When it comes to challenges that our clients have, we have always viewed them as opportunities that allow us to add more value to their lives,” Schmidt says, “and we navigated the COVID-19 pandemic in a similar way, choosing to focus on the opportunities that this unprecedented challenge presented.”