Brian Peters

Brian Peters of MD Financial Management is on Wealth Professional Canada's Hot List of 2015.

Brian Peters, President and CEO, MD Financial Management

Ever wonder how the RRSP came to be? Way back in the late 1950s, the Canadian Medical Association lobbied the federal government to make private pension plan contributions tax-deductible. The argument was that it was only fair that self-employed people had the same opportunity for stable retirement as those in corporate pension plans. Thus, the RRSP was created.

Today, Brian Peters leads MD Financial Management (MD), the wealth management company owned by the Canadian Medical Association. Tasked with providing investment advice to Canadian doctors, Peters has guided the company to a very healthy position in the industry. In fact, MD now has more than $41 billion in assets under administration with more than 1,300 employees in 49 offices across Canada. According to the winter 2015 edition of the Investor Economics Fee-based Report, MD Private Investment Counsel—MD’s discretionary investment management subsidiary—remains the largest (based on assets) non-bank-owned private investment counsel firm in Canada. Under Peters, it is also the only non-bank among the top five firms.