Chairman and CEO
As the founder of Nicola Wealth, John Nicola set up his firm with a focus on sharing the wealth, creating a model that emphasizes profit-sharing and where clients belong to the firm, not individual advisors. That formula has worked for Nicola, who has seen his firm’s assets grow to $7.1 billion. Nicola Wealth has long been a staple in BC, with offices in Vancouver, Victoria and Kelowna, and it recently expanded to Toronto in a bid to offer its model to more high-net-worth families.
Nicola Wealth also focuses on collaboration between its 42 licensed advisors and its asset management team of 22 portfolio managers. “Managers are focused on the best mix for the portfolios we are trying to build,” Nicola told WP in an interview earlier this year. “My view has been the best thing advisors can do for clients is the planning and servicing.”