Keeping your assets safe
You’ve worked hard to build your assets – and we want you to know that we’re going to work even harder at keeping them safe. We rely on corporate governance best practices and adhere to the stringent rules and regulations set by our regulatory bodies. We only invite the most experienced and knowledgeable Investment Advisors to join our firm, with each committing to a due diligence review.
Regulatory oversight and protection
Richardson GMP is a member of the Investment Industry Regulatory Organization of Canada (IIROC), which sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets. IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.
Richardson GMP is also a member of the Canadian Investor Protection Fund (CIPF). CIPF was created by the investment industry so that your assets, within defined limits (including cash, securities and certain other property), are protected in the case of a Member firm insolvency.
Enhancing your protection
Richardson GMP is also committed to enhancing the safety of your assets with a separate insurance policy through Lloyd’s of London, which doubles the basic CIPF coverage to $2 million for each general and separate account.
Want to find out exactly how our regulatory bodies protect your investments? Learn more about IIROC and CIPF.