Echelon Wealth Partners has announced the appointment of David G. Anderson as its head of investment banking. Anderson was previously vice chairman of Dundee Securities for 18 years, which he spent as a member and head of the firm’s investment banking and capital markets team.
“Mr. Anderson brings extensive senior management and capital markets experience, including acquisitions, divestitures and cross-border transactions, as well as tremendous expertise in resources, and particularly mining,” said EWP CEO David Cusson. “We are delighted to have David joining our firm and we know he will lead our already successful investment banking group to a much greater presence.”
Starting his career with the National Energy Board of Canada in 1976, Anderson moved on to Amoco Production Company in 1978 and stayed there until 1986, moving through the company’s Calgary, Chicago, and Houston offices over that period. He returned to Canada with Midland Doherty in 1987, later joining HSBC’s Canadian investment dealer subsidiary, BBN James Capel, as managing director from 1988 until 1995. Anderson acted as partner and managing director with investment dealer, Loewen, Ondaatje, McCutcheon Ltd from 1995 to 1998.
Anderson’s experience is a good fit for WP’s investment banking team of 11, whose expertise includes mining, healthcare, technology, telecom, and real estate. They also handle special situations, structured investment products, and asset management. They have acquired more than $1.9 billion for corporate clients, acting as lead or co-lead in more than half of those transactions.
"I am looking forward to working with the Echelon team to help build a leading Canadian independent financial services firm," Anderson said. "It is a unique and exciting opportunity."