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Nicola Wealth and Danielle Skipp

Some background about Nicola's Ontario lieutenant and their pot pourri approach to investing.
2 min read

The Globe is breathlessly reporting that Nicola Wealth and its "Chief Legal Officer", Danielle Skipp swooped in to pick off three advisors from Gluskin Sheff. Those advisors do not have the star cachet of, say, a Bruce Leboff and their assets total about $1B. Per the Globe:

Nicola Wealth’s chief legal officer, Danielle Skipp, said she immediately began pursuing the group of Gluskin Sheff advisers the same day the company announced the transfer to RBC.

“When I saw that it was not an acquisition of Gluskin Sheff by RBC, I quickly realized the entire company – including the advisers – would not be signing individual employment contracts that you typically see with a deal. And that made it a huge opportunity for us.”

I blame OPM Wire for creating an environment where people can be so overtly predatorial. Who is this "Chief Legal Officer" who outmuscled RBC?

OPM WIRE

A blog about Bay Street, money managers, funds, moguls, who's killing it, who's getting killed. No stock picks, no macro.

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