Habourfront Wealth Management has bolstered the operational side of its business by appointing veteran industry executive Nick Mancini as Advisor to the Board
Habourfront Wealth Management has bolstered the operational side of its business by appointing veteran industry executive Nick Mancini as Advisor to the Board.
Former CEO of Assante in Canada, Mancini will start the role in July and brings years of experience at the sharp end of the financial, information and payments services industries, both locally and overseas.
During his tenure at Assante, Mancini built a leading advisory and asset management firm integrating 18 dealerships with 1,500 advisors and growing the combined assets under management and administration to $25 billion. The company was subsequently acquired by a major wealth management firm.
At global financial services giant American Express, Mancini served as Managing Director and Senior Vice President, spearheading Amex’s personal financial services growth strategy and successfully securing the Canadian Amex Bank license. At Canada Trust, as Executive Vice President, he led the Retail Distribution and Advisory teams and helped build one of Canada’s most respected service brands, which was later acquired by TD.
Danny Popescu, President & CEO of the Harbourfront Group of Companies told WP the firm’s success to date is a direct result of the strength of its personnel and that bringing Mancini on board is another statement of intent.
He said: “We've focused on adding quality advisor teams since we opened our doors and are on track to add another $1 billion in AUA in 2019. We’ve always recognized the importance of matching resources to support our growth and given our strong balance sheet, we aren’t afraid to invest in talent to support our advisors while carrying out our vision.
“Nick is a sought-after corporate advisor and director with a consistent track record in leadership and governance, which will prove invaluable to Harbourfront.”
Mancini added: “The company has a clear vision, strong foundation and team to continue to build a service-oriented and integrated wealth management firm. Harbourfront presents a unique opportunity in today’s environment to help clients, advisors and shareholders build significant value.”