Co-founder Chris Reynolds named to newly created position while Blaine Shewchuk steps in as president and CEO
Changes in leadership are coming up at one of Canada’s leading independent wealth managers.
Effective July 1, Chris Reynolds will transition into the newly created role of executive chair.
Since he co-founded IPC, Reynolds has been instrumental in building its network of 700 advisors who collectively help more than 200,000 Canadians across the country manage over $30 billion in investments. In his new role, he will focus on advisor retention and growth, corporate strategy development, and identifying new business development opportunities.
He will remain a member of IPC’s Leadership Team, and will report to James O’Sullivan, president and CEO of IGM Financial, IPC’s parent company.
“Under Chris' leadership, IPC has grown into one of Canada's premier independent wealth managers,” O’Sullivan said in a statement. “His focus on attracting and retaining top talent, always putting the client first and integrating new technologies into the advisory experience have positioned the firm well for ongoing growth.”
On the same date, Blaine Shewchuk will take over as IPC’s president and CEO. He will be working closely with Reynolds in strategy development, lead strategy execution, and delivering business results, focusing on building a leading-edge platform for advisors and clients.
Currently, Shewchuk is IGM’s chief strategy and corporate development officer, where he’s taken responsibility for planning and analysis, strategy development and execution, and new business development activities across the IGM group of companies. He has also been deeply involved in managing IGM’s portfolio of strategic investments including Personal Capital, Wealthsimple, Koho, and other investee companies within Portage Ventures.
In his upcoming role as president and CEO, Shewchuk will report to both Reynolds and O’Sullivan. He will also be part of the IPC Leadership Team and Board, and will be a member of the IGM Operating Committee.
“Blaine's extensive and proven experience in strategy development, building teams and planning make him a great fit for his new role at IPC,” O’Sullivan said. “Both he and Chris make a formidable team and I'm excited about what the firm will be able to achieve under their leadership.”