Updated: May 7, 2026
Office address: 100 Queens Quay East, Suite 2500, Toronto, Ontario M5E 1Y3
Website: richardsonwealth.com
Year established: 1857
Company type: wealth management
Employees: 501-1,000
Expertise: wealth management, financial planning, estate planning, family office, investment management, portfolio management, wealth transfer, legacy planning
Parent company: iA Financial Group
CEO and key people: Julie Gallagher, president and CEO
Financing status: -
Richardson Wealth is one of Canada's largest independent wealth management firms, with roots dating back to 1857. The firm manages around $40 billion in assets and serves clients through advisory teams across Canada.
Founded in 1857, Richardson Wealth's journey began with James Richardson & Sons Limited, a grain business Kingston, Ontario. Evolving through the Great Depression and two World Wars, the company ventured into investment securities in the 1920s.
Some significant changes took place over the years. The company merged with Greenshields Inc., marking the birth of Richardson Greenshields in 1982. More changes followed; in 1996, the company was sold to a Canadian bank.
The Richardson name returned in 2003 with the launch of the Richardson Financial Group. After several corporate transformations, the company became Richardson Wealth in 2020.
The company was acquired by iA Financial Group in October 2025 for $597 million.
Some of Richardson Wealth’s extensive suite of services include:
Richardson Wealth fosters a culture of excellence, integrity, and client-focused service. The firm's commitment to its advisors and clients is reflected in its continuous pursuit of innovation and excellence.
The company is also dedicated to championing diversity and inclusion in the industry by:
This culture has earned Richardson Wealth recognition as a Great Place to Work, highlighting its dedication to creating a supportive and inclusive work environment.
Julie Gallagher was appointed president and CEO of Richardson Wealth in March 2026. She succeeded Dave Kelly, who led the firm through its acquisition by iA Financial Group.
A lawyer by training, Gallagher spent 20 years in financial services across compliance, legal, and product roles. Most recently, she served as Senior VP and Head of Investment Products & Solutions and Capital Markets at iA Financial.
Gallagher has outlined clear priorities as she settles into the role. Her first focus is protecting Richardson's culture – the firm's family feel and boutique identity – which she sees as the foundation for everything else.
Richardson Wealth manages around $40 billion in assets. Gallagher sees advisor independence – the freedom to build teams, choose tools, and serve clients their way – as a key part of its competitive edge.
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