The Wealth Exchange

What does it take to build a firm that lasts—and a culture that grows with it? In this episode, recorded live at the 2025 Private Wealth Canada West Forum, Nicola Wealth Chairman and CEO John Nicola joins board member and Rethink Founder Tom Shepansky for a thoughtful conversation on leadership, growth, and the value of sharing success.  From the early influences that shaped his thinking to Nicola Wealth's “Share the Pie” philosophy, John offers insights on building a resilient business, investing in people, and staying focused on the long game. For entrepreneurs, executives, and investors alike, it's a valuable perspective on what sustainable success really looks like. 2:04 - The importance of a strong network 7:03 - Authors of significance  8:51 - Where Share the Pie originated 14:00 - Growing your company, by sharing it  18:24 - How to play the long game 22:47 - The importance of giving back to your community Sign Up for our Newsletter

Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Maricic to discuss key developments from the first quarter of 2025 and the potential implications for the global economy. They review market reactions to U.S. tariffs and their broader impact on trade dynamics, including Canada's positioning in a shifting global landscape. Ben also shares perspectives on Canadian and U.S. equity valuations, diverging labour market trends, and the return of terms like “stagflation” to economic discourse. The conversation touches on European equity performance, inflation and interest rate expectations, and the evolving role of fiscal and monetary policy. Ben also outlines how Nicola Wealth's multi-asset portfolios are managed to stay diversified and respond to changing conditions across public and private markets. Highlights 1:02 - How much has Trump shaken up the Global Economic landscape with the recent tariff threats? 6:35 - European Union x Canadian Trade 11:04 - U.S Exceptionalism 12:51 - Trade tensions and how they are impacting the Canadian interest rate 15:10 - Why have European stocks outperformed US stocks this last quarter? 18:00 - The importance of a diversified portfolio Sign Up for our Newsletter

Secondaries have emerged as one of the fastest-growing segments within private capital, offering investors potential access to liquidity and flexibility in an asset class traditionally known for long holding periods. In this episode, Rob Olsen is joined by Nicola Wealth's Tori Buffrey and Adrian Millan, Partner at PJT Park Hill in New York, to explore how this market is evolving and what it means for today's investors. Together, they explain the fundamentals of LP- and GP-led secondaries, discuss the increase in transaction volume, and examine the structural and market trends shaping the space. Tori shares how Nicola Wealth approaches GP-led secondaries, while Adrian offers a global view informed by years of experience advising institutional clients. They also discuss the role of innovation in deal execution, recent shifts in capital flows, including interest from retail and insurance investors, and the unique position Canadian investors hold in the broader market.

Host Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors helping clients navigate the evolving Greater Vancouver market—and beyond. In this episode, they offer a timely and comprehensive overview of the Canadian residential real estate landscape, from buyer, balanced, and seller market dynamics to the ripple effects of the mortgage maturity wall. They discuss how major cities like Vancouver, Toronto, Calgary, and Victoria are faring, and why condo markets in particular are facing headwinds. The conversation also explores Vancouver's landmark multiplex rezoning changes and how they're creating a new sub-asset class—and new opportunities—for homeowners, developers, and investors alike. Dan and Ryan also share strategic advice for buyers navigating the presale market and offer perspective on what to expect as interest rates and economic uncertainty continue to shape activity in 2025. Highlights  2:20 – Are we in a buyers, sellers, or balanced market? 7:56 – Price dynamics in real estate markets across Canada 14:03 – Spring market forecast 20:41 – Mortgage renewal situation in Canada 28:07 – Bill 44 multiplex rezoning 35:33 – Thoughts on the pre-sale marketplace Sign Up for our Newsletter

In this episode, host Robert Olsen and co-host Sunny Lee from Nicola Wealth speak with Aly Champsi, Managing Director at DW Healthcare Partners, a private equity firm focused on healthcare investments with offices in Toronto and Park City, Utah. The conversation explores healthcare-focused private equity, highlighting how sector specialization and operational expertise create a competitive edge in a crowded market. Aly explains why healthcare, comprising 17% of U.S. GDP, presents attractive investment opportunities across multiple subsectors. They also discuss challenges like tariffs and protectionist policies, offering insights on how healthcare investments may be partially insulated from these pressures. Highlights  4:44 - Early career beginnings and personal background 10:22 – The journey from investment banking at BMO to strategy consulting at Oliver Wyman 17:25 – DW Healthcare Partners and their offices in Toronto & Utah 20:00 - Aly explains why healthcare is an attractive sector 27:31 – Deal at DW Healthcare that stands out 31:30 – USA, Trump and Tariffs 41:52 - Outlook for private equity over the next 24 months Sign Up for our Newsletter

You've worked hard to build your business and accumulate wealth, so how do you ensure your legacy is protected for future generations? Jasmine Marichic, Wealth Advisor | Client Relationship Manager, outlines key estate planning strategies for business owners, including trusts, direct distributions, and Letters of Wishes. Learn how to safeguard your assets, prepare your heirs for financial responsibility, and leverage tools like private giving foundations to create a lasting philanthropic impact. Highlights  1:40 - How and when to distribute wealth 1:55 - The use of trusts 4:20 - The importance of a Letter of Wishes 6:00 - A will can be equal but not fair, and fair but not equal 7:00 - Are your heirs prepared to manage their inheritance? 7:55 - Charitable giving and leaving a philanthropic legacy Sign Up for our Newsletter

Women are increasingly taking the lead in managing their families' finances, but many still face challenges in feeling confident about their financial decisions. In this episode, Wealth Advisors Cassandra Cross and Dami Gittens explore the crucial role of financial literacy and empowerment, and why it's so important for women to take control of their financial futures. Drawing from their own experiences growing up in households with traditional financial roles, Cassandra and Dami share practical tools and strategies for women to feel more confident in their financial decisions. They also discuss the impact of financial literacy, managing stress, and the unique approach to legacy planning that they find resonate with many women.

In this episode, host Robert Olson sits down with veteran finance leader and entrepreneur David Rogers, who shares his remarkable journey from corporate roles at Cooper's and Lybrand and TD Bank to creating Caledon Capital, which grew to manage $10 billion in assets under management. David offers candid insights into his career transitions, from joining FirstService in its infancy as Vice President and CFO to building OMERS' private equity program and ultimately launching his own successful investment firm. Throughout the conversation, he emphasizes how his people-first leadership philosophy shaped his success, the importance of trusted mentors, and finding the right strategic partners for business growth. Now semi-retired and serving on Nicola Wealth's private capital investment committee, David reflects on balancing professional accomplishments with personal fulfillment. Highlights  3:40 - Early career beginnings 10:45 - Creating OMERS' private equity program and investment approach  14:40 - Lessons in leadership and building a people-first culture 16:00 - Identifying market gaps and launching a business 22:15 - Strategic partnerships and business evolution 24:50 - Balancing advisory roles and achieving work-life balance  29:00 - Career reflections Sign Up for our Newsletter

In this episode of The Wealth Exchange, Timothy Stranks gives us an update on the deadline extension for the charitable giving deadline.  Canadian charitable donors received a deadline extension this tax season—but important limitations apply. Tim Stranks, Wealth Advisor | Client Relationship Manager, and a Director of the Nicola Wealth Private Giving Foundation, examines the recent extension to Canada's charitable donation deadline. He provides clarity on the extension's limited application to cash donations, discusses implications for year-end tax planning, and contextualizes this change within broader developments affecting Canadian investors.  Highlights 1:00 - Overview of the charitable donation deadline extension 1:25 - Status of proposed capital gains inclusion rate changes 2:15 - Important distinctions between donations Sign Up for our Newsletter

In this episode, Jasmine Marichic, addresses the top five estate planning mistakes made by business owners and affluent families.   Your legacy is more than just wealth—it's your business, your values, and the future of your family. Yet many business owners and affluent families make critical mistakes in estate planning that can lead to unnecessary taxes, family disputes, or even business mismanagement.    Jasmine Marichic, Wealth Advisor | Client Relationship Manager, breaks down the top five estate planning mistakes many individuals make and how to avoid them. From tax-efficient wealth transfer strategies to preparing heirs for financial responsibility, this discussion offers expert insights to help you secure your legacy for generations to come.    Highlights 1:10 - Why is estate planning important? 1:40 - The risks of delayed planning 2:40 - Tax-efficient wealth transfer strategies 4:05 - Executor and trustee selection criteria 5:20 - Business succession planning essentials 6:40 - Preparing heirs for wealth management  Sign Up for our Newsletter

Ben Jang, Portfolio Manager, analyzes U.S.-Canada trade relations, including recent developments in tariff negotiations and their potential impact on investors.   Ben Jang, Portfolio Manager, examines the potential impact of U.S. tariffs on Canadian goods and broader market trends.   Ben provides insights into the latest discussions between Trump and Trudeau, the potential economic implications, and why these threats may be more about political strategy than economic necessity. He also breaks down the sectors most at risk, the impact on the Canadian dollar, and how Nicola Wealth's diversified investment strategy works to protect long-term goals in a volatile environment.   Highlights 2:15 - Update on U.S.-Canada trade discussions and border security agreement 6:40 - Analysis of Trump's tariff strategy and negotiation approach  10:35 - Sector-specific impacts and energy market considerations  11:55 - Canadian dollar implications and export sector opportunities  13:00 - Portfolio diversification strategies and risk management approach  14:45 - Market outlook and investment positioning Sign Up for our Newsletter

Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Maricic to analyze market themes from the fourth quarter of 2024. Together, they explore key economic and political developments shaping the final months of 2024 and the early days of 2025. From Justin Trudeau's resignation and its implications for Canada's political landscape to Trump's policy shifts and their influence on global markets, Ben offers expert insights on interest rates, inflation, housing, and public equities. Listen now to gain valuable perspectives on the factors driving today's markets and what they mean for the year ahead. Highlights 2:22 - Political transitions in Canada and implications for proposed legislation 6:30 - North American equity market performance and valuation metrics 13:20 - Bank of Canada's interest rate decisions and currency implications 17:37 - Changes to Canadian immigration policy and real estate sector impacts 19:44 - Current inflation trends and monetary policy outlook 20:57 - Market sentiment and portfolio positioning considerations Sign Up for our Newsletter

In the season finale of The Wealth Exchange, host Jasmine Marichic provides a thoughtful overview of 2024's key economic developments and their potential influence on the year ahead. As we transition into 2025, she offers perspective on the broader market trends and policy changes shaping Canada's investment landscape. Drawing on insights from Nicola Wealth's Chief Economist, Rob Edel, this episode emphasizes the value of maintaining a balanced, long-term approach to wealth management amid changing economic conditions. Sign Up for our Newsletter

In this episode, Robert Olsen and Vanessa Flockton sit down with trailblazing business leader Ursula Burns. As the first black woman to lead a Fortune 500 company, Burns shares her remarkable journey from growing up in New York City public housing to starting as an intern at Xerox and rising to become its CEO. She led the company's transformation from a print and copy giant to a diversified business services enterprise. Ursula reflects on her 38-year career at Xerox, offering candid insights into leading through change, transitioning from peer to chief executive, and the critical role her trusted advisors played throughout her ascent. Now co-founder of Integrum Holdings, Ursula applies her transformation expertise to private equity, championing a different approach to growing mid-sized businesses. Instead of prioritizing rapid expansion through acquisition, she advocates for sustainable, organic growth and strong leadership—challenging the industry's "bigger is better" mindset. Ursula's practical wisdom on navigating growth and building value while creating opportunities for others offers an inspiring and actionable perspective for business owners and leaders charting their own paths to success. Sign Up for our Newsletter

In this episode, host Robert Olsen talks with Mark Machin and Mark Shulgan from Intrepid Growth Partners about the growing role of AI in growth equity investing. The conversation explores the founders' backgrounds in science and banking, and how these experiences shape their focus on AI-driven investments. Machin and Shulgan explain their investment strategy, emphasizing their approach to identifying businesses that are using AI to create real value. They also discuss the impact of AI on industries such as healthcare, customer engagement, and robotics. The two investors share their views on the current market landscape, how investment strategies are evolving in response to economic changes, and the opportunities they see in the U.S., Canada, and the UK. Sign Up for our Newsletter

In this episode of The Wealth Exchange, Ben Jang, Portfolio Manager in the Nicola Wealth Public Assets Group, is joined once again by Ed Mills, Managing Director and Washington Policy Analyst at Raymond James. The discussion covers potential impacts of U.S. policy shifts under various leadership scenarios. From bipartisan tensions surrounding semiconductor export restrictions to healthcare reforms and defense spending, Ben and Ed analyze how these developments could influence global markets and investor strategies. They also examine the far-reaching implications of the ongoing Russia-Ukraine conflict, NATO dynamics, and key appointments shaping a Trump administration. Sign Up for our Newsletter

In this episode, Teresa Virani, Executive Director, Philanthropy at Nicola Wealth, is joined by James Woller, International Executive Director of Thrive for Good and a seasoned entrepreneur, to discuss how his charity is transforming communities through sustainable agriculture. Thrive for Good empowers individuals living in poverty to cultivate organic gardens that provide both nutritional security and income. James shares how the organization's innovative approach not only alleviates malnutrition but also fosters long-term economic independence and education, helping communities break the cycle of poverty. For philanthropists and entrepreneurs seeking to make a meaningful, sustainable impact, this conversation highlights the power of grassroots initiatives and the potential for creating lasting change in underserved regions. Sign Up for our Newsletter

In this episode, Selena Woo, Vice President, Private Wealth - Associates & Operations at Nicola Wealth, is joined by Patricia Seward and Marina Saleeb, two Miss Intercontinental Canada title holders.  Patricia and Marina share their fascinating journeys through the world of pagentry and how those experiences help shape their careers today. As champions for women's empowerment, they discuss the significance of building a community, adapting to change, and making sure your voice is heard. Sign Up for our Newsletter

In this episode, Cameron Smith, Vice President, Private Wealth | Client Relationship Manager, at Nicola Wealth, is joined by Chris Nicola, President, Nicola Wealth, to explore fintech innovation, AI's impact on wealth management, and how technology is reshaping client service. Chris shares his unique journey from co-founding WealthBar, Canada's first regulated robo-advisor platform, to leading technology initiatives at Nicola Wealth. Together, they explore the evolving landscape of financial technology, discuss how major institutions are adapting to digital transformation, and examine the real potential of AI in wealth management. Chris also provides valuable insights into Nicola Wealth's innovative technology projects, including their new philanthropy portal, and explains why smaller, more agile firms may have an advantage in driving industry innovation. Sign Up for our Newsletter

Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to analyze market themes in the third quarter of 2024.  The episode explores key developments in global markets, including shifting dynamics in U.S. equities, Canada's interest rate cuts, and the rebound in real estate equities. Ben provides insights into the potential market impacts of the upcoming U.S. presidential election and China's dramatic market recovery in September. The discussion also addresses geopolitical tensions, such as the conflicts in Ukraine and the Middle East, and their effects on global markets. The episode wraps up with Ben's perspective on maintaining a balanced, long-term investment approach in an increasingly multipolar economic landscape. Sign Up for our Newsletter

In the latest episode of The Wealth Exchange podcast, Teresa Virani is joined by Malcolm Berry, CEO of BC Children's Hospital Foundation (BCCHF) and Vanessa Flockton, President, Private Wealth (Chief Advisory Officer at time of recording) at Nicola Wealth and a member of the BCCHF Board of Directors. They discuss philanthropy through the lens of transforming child health. As well as the incredible work the Foundation does and why investing in charitable causes like BCCHF can create real impact. BC Children's Hospital Foundation's mission is transforming care, making diagnostics and treatments safer, faster, and more personalized, and working to find solutions for critical issues facing the sickest kids.

In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth, explores venture capital investing with Matt Harris, Partner at Bain Capital Ventures, and Geoff Taylor, Principal, Private Equity and Venture Capital at Nicola Wealth. Matt contrasts venture capital with private equity, emphasizing the bold visions and ‘why now' factors that drive successful investments. He shares insights from his career journey and the evolution of Bain Capital Ventures into a bi-coastal specialist in key verticals like financial services, industrials, and healthcare. The conversation addresses the challenges of market bubbles, particularly the speculative mania of 2021, and the importance of maintaining steady investment pacing. Geoff also adds depth to the discussion, sharing his approach to managing evergreen funds, highlighting the balance between deployment and returns. The episode also explores the transformative potential of fintech and generative AI, discussing how these technologies are reshaping industries and creating new investment opportunities. Learn more about Nicola Wealth's Venture Capitalist strategies. Sign Up for our Newsletter

In the latest episode of The Wealth Exchange podcast, Selena Woo is joined by Patrice Mousseau, CEO and founder of Satya Organic, a sustainable, steroid-free, and all-natural skincare line. Motivated by her daughter's struggle with eczema and a desire for natural healing solutions, Patrice embarked on an entrepreneurial journey that challenged traditional business norms.  Beyond skincare, Patrice is a passionate advocate for sustainability, ethical business practices, and supporting Indigenous communities. She shares her unique approach to business, the personal story behind Satya Organic, and how she's working to redefine the traditional business mold for the better. Subscribe to the Women's LEAD newsletter.

In this episode of Investing Matters, Ethan Astaneh is joined by Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group, to examine the current state of Vancouver's residential real estate market. Together, they explore the latest market trends, including the shift towards a balanced market and the impact of the pandemic on housing dynamics. Dan and Ryan provide a high-level overview of the market in the Greater Vancouver area, discussing the differences between hyper-local markets and the overall market conditions. They break down the performance of different asset classes, from detached homes and townhomes to condos, highlighting key metrics like the sales-to-active listings ratio.  They also discuss the effects of rising and falling interest rates on market activity, the challenges faced by investors, and the opportunities for end-users. The conversation touches on the implications of immigration policies, the current state of building permits and housing starts, and the potential future of Vancouver's downtown core.

In this episode of The Wealth Exchange, host Ben Jang, Portfolio Manager in the Nicola Wealth Public Assets Group, talks with Ed Mills, Managing Director and Washington Policy Analyst at Raymond James. Ed shares his insights on the unexpected twists in the U.S. presidential election, including the early debate and the switch in the Democratic nomination. They discuss key policy issues like inflation, housing, and geopolitics, and how these topics may influence the markets. Sign Up for our Newsletter

In this episode of the Wealth Exchange, Mark Hannah, Managing Director, Nicola Wealth Real Estate, is joined by Don Harrison, an Independent Advisor on the Nicola Wealth Real Estate Investment Committee. Don has extensive experience in the commercial real estate industry and recently served on the senior executive team for Great West Life Realty Advisors. Together, they delve into various topics, from understanding Don's career path, to the intersection of institutional and private capital in real estate. They also share a few tips for people new to the commercial real estate industry.  Sign Up for our Newsletter

In this episode, Ron Haik, Wealth Advisor | Client Relationship Manager, at Nicola Wealth, welcomes Joe Markovitch, a seasoned business exit planner, to discuss the complexities and emotional journey of exiting a business. Joe, who describes himself as an “exit Sherpa,” shares his expertise in guiding business owners through the intricate process of exit planning. Joe outlines the seven-step planning process he employs, emphasizing that exiting a business is not a single event but a comprehensive process requiring time, expertise, and a team of diverse advisors. He highlights the importance of early planning, often starting at least two years in advance, to navigate tax regulations and other critical factors. The conversation also explores the emotional challenges owners face when leaving their businesses and the importance of having a clear, structured roadmap. Joe shares his personal experience of exiting his own bakery business in Vancouver, offering valuable lessons and strategies he wished he had known during his transition. Sign Up for our Newsletter

In the latest episode of The Wealth Exchange podcast, Selena Woo is joined by Henna Mazzocco, the owner and lead photographer at Skyscape Studio. Henna specializes in drone photography and video production, bringing over two decades of experience in marketing and sales to her craft. During the episode, Henna shares captivating stories of capturing breathtaking aerial views and how these experiences have shaped her approach to overcoming challenges and inspiring others. She emphasizes the importance of mentorship, resilience, and staying true to one's vision, even when the path gets tough. Subscribe to Women's LEAD

In this episode, Robert Olsen, Vice Chair of Private Capital at Nicola Wealth, is joined by Ken McKinnon, Senior Managing Director and Equity Partner at Institutional Mortgage Capital, and Simon Carlsen, Senior Director of Mortgage Investments at Nicola Wealth, for an in-depth look at trends and opportunities in real estate debt. Despite past challenges, real estate has remained a generally strong and income-generating asset class. Together, they discuss the factors driving investor interest in real estate and mortgages, and how investors can gain exposure to this asset class. Ken and Simon share their insights on the evolving landscape of real estate debt investments, the future of interest rates and their impact on the mortgage market, and highlight key opportunities within the mortgage space. Learn more about Nicola Wealth's Mortgage strategies. Sign Up for our Newsletter

In the latest episode of The Wealth Exchange podcast, Victoria Emslie is joined by Amanda Sayfy, the new Executive Director at Dress for Success Vancouver. Amanda discusses her role and shares the impactful mission of the organization, which helps women and gender-diverse individuals achieve economic independence. Dress for Success goes beyond providing professional attire by offering pre-employment and job retention training, mentorship, and access to professional networks. Amanda highlights the organization's rich history, its significant community engagement, and the comprehensive support system it provides to empower women in their careers.

Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Maricich to discuss the launch of the new Nicola Wealth Money Market Fund. In this episode, Ben explains why now is the perfect time to introduce this fund, given the recent rise in interest rates and changes in regulations. He provides insights into the fund's investment strategy, discusses its U.S. class, and highlights the advantages of the money market fund over high-interest savings accounts, including its diversified portfolio, stability, and protection against falling interest rates.

Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to discuss market themes in the second quarter of 2024.  In this episode, Ben provides an insightful overview of growth and inflation across major economies, including the U.S., Canada, Europe, and Asia. He explores how the U.S. is navigating a slowing economy, the impact of rising unemployment in Canada, Europe's positive growth outlook, and the surprising trade recovery in Asia. The discussion also zooms in on equity markets, highlighting the performance of AI stocks, the influence of the 2024 Canadian federal budget on trading activity, and the resilience of Canada's financial system amidst higher interest rates. Ben also shares his thoughts on the recent rate cut by the Bank of Canada, its impact on the bond market, and the importance of active management in fixed income portfolios.  Sign Up for our Newsletter

In the latest episode of The Wealth Exchange podcast, Selena Woo is joined by Joanna Jagger and Meeru Dhalwala, two influential women making a difference in the hospitality and culinary industries. Joanna, the Founder and President of the WORTH Association, shares her passion for supporting women in the recreation, tourism, and hospitality industries. She emphasizes the importance of mentorship and leadership development. Meeru, a renowned chef, author, and co-founder of Lila and Vij's Restaurants, shares her personal journey from her early life in India to her successful career in Vancouver. She discusses the challenges she faced as a woman of colour in the culinary world and how she overcame them by creating a welcoming and inclusive environment in her kitchens. Together, Meeru and Joanna emphasize the power of resilience, the importance of self-belief, and the impact of creating spaces where everyone is welcome and valued.

In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth focuses on infrastructure investments with Evan Corley, Partner, in Pantheon's Global Infrastructure and Real Assets Investment Team, and Ashley Ng, Senior Director, Infrastructure at Nicola Wealth. Pantheon, a global private equity, infrastructure, real assets, and debt investor, manages over $65 billion in assets with a team of 125 professionals across 12 offices worldwide. Together, they explore the evolution of infrastructure as an asset class, the factors driving investor interest, and Pantheon's journey in this space. Evan shares insights from his 20-year career at Pantheon, highlighting the growth of infrastructure investing and the increasing involvement of high-net-worth investors. Learn more about Nicola Wealth's Infrastructure strategies Sign Up for our Newsletter

In this episode, host Victoria Emslie is joined by Alison Twiner, a dedicated past Chair of the National Board, and Robyn Jones-Murrell, Senior Vice President for Western Canada, both from the Heart & Stroke Foundation. Together, they share their unique journeys and profound impact on the foundation's mission. Robyn recounts her unexpected path to the foundation, highlighted by her father's dramatic survival of a Widowmaker heart attack just days before her interview. Alison reflects on her lifelong commitment to heart and stroke causes, from childhood canvassing with her mom to leading digital transformation on the board. They also emphasize how the Heart & Stroke Foundation drives vital research, advocates for life-saving policies, and tackles critical issues such as women's heart health and bystander CPR.

In this episode, John Nicola, Chairman, CEO, and CIO of Nicola Wealth, shares valuable insights at the Canadian Alternative Investment Forum 2024 alongside Catherine Code, National M&A Leader and Vice Chair, Deloitte Canada. As Canada's fastest-growing private investment counsel, John explores Nicola Wealth's innovative strategy of managing open-ended, evergreen funds in real estate and private capital, a practice the firm has implemented since 2005. He emphasizes the importance of maintaining direct client relationships and how this client-centric approach has contributed to the firm's stability and strong client retention rate. This discussion provides a deeper understanding of Nicola Wealth's investment philosophy and the principles that drive its growth.

On June 6, a panel of remarkable women took the stage at the Women's LEAD Vancouver event to share their inspiring journeys. LaQuita Cleare, the evening's keynote speaker and Founder of Clear Communication Academy; Kiara LeBlanc, CEO & Founder of Lifted Fitness; Teena Gupta (Sim), CEO of Rosemary Rocksalt and Co-Founder of Nurse Next Door; Marie Khouri, an acclaimed sculptor based in Paris and Vancouver; and Dr. Maryam Zeineddin, a family doctor and CEO & Founder of Zili CARA, each brought their unique perspectives to the discussion.  Moderated by Paulina Cameron, COO of Flytographer and Author, the panel shared stories of entrepreneurship, building community, pivotal life moments, and the challenges of navigating family dynamics while pursuing a path true to themselves. Their conversation is filled with wisdom, authenticity, and invaluable insights, inspiring listeners to forge their own unique paths.

Over the past several years, the Canadian Federal Government's budgets have introduced tax changes affecting high-income earners and business owners. This year's budget announcement includes a proposed change to the capital gains inclusion rate. In this episode, John Nicola, Chairman, CEO, and CIO, and Ethan Astaneh, Wealth Advisor | Client Relationship Manager, at Nicola Wealth are joined by Matthew Baker, Partner in Tax at Baker Tilly Canada. They outline key tax considerations and strategies that investors should be aware of as they monitor their long-term financial plans.

In this episode, Mark Hannah, Managing Director of Nicola Wealth Real Estate, speaks with Wayman Crosby, an Independent Advisor on the Nicola Wealth Real Estate Investment Committee, and Director of the Nicola Wealth Private Giving Foundation and the Nicola Gives Back Charitable Committee. Wayman, an accomplished entrepreneur and passionate philanthropist, shares insights from his 50-year career, discussing how he has successfully navigated business cycles, his dedication to philanthropy, and the importance of structured personal planning. He emphasizes the significance of meaningful engagement, giving back, and maintaining a balanced, healthy life, demonstrating how these values drive both personal and professional success. Sign Up for our Newsletter

In this episode of the Wealth Exchange, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth unpacks the private equity secondaries market with industry expert Joy Savchenko, Senior Managing Director at Evercore. Joined by Tori Buffery, Senior Director, Private Equity Secondaries at Nicola Wealth, the three use their expertise to demystify terminology and comment on trends in the secondaries market. Joy shares insights into continuing to build the legacy of Evercore and and predictions for the current and future states of the secondaries market. Meanwhile, Tori offers valuable perspectives on private equity secondaries from the lens of high-net-worth individuals, showcasing Nicola Wealth's strategic approach. Sign Up for our Newsletter    

On this episode of The Wealth Exchange, we have featured audio from our live panelist discussion that took place on May 8th at our Women's LEAD Event in Toronto. The night was filled with community building and knowledge sharing with our inspiring panelists; Diana Matheson, Co-Founder, Project 8 and Canadian former professional soccer player, Safoura Zahedi who is an Artist, Architect, Educator, and Geometry Expert, Meghan Roach, the President and CEO of Roots, and Dimitra Davidson, Founder of Indeed Laboratories. This diverse group of panelists from different backgrounds and fields of work shared stories of their successes and barriers to leadership. Steering the conversation was our expert moderator, Paulina Cameron, COO of Flytographer and Author, who was able to tie together the shared experiences of all the incredible women who took the stage. 

In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth explores private equity investments with industry expert Brett Fisher, Managing Director at Fisher Lynch Capital. Joined by Kazuki Nohdomi, Portfolio Manager, Private Equity and Venture Capital at Nicola Wealth, they uncover the world of private equity. Brett shares insights into the inception of Fisher Lynch Capital in 2003 and the differences between private and public investments. Meanwhile, Kazuki offers valuable perspectives on private equity from the lens of high-net-worth individuals, showcasing Nicola Wealth's strategic approach. Sign Up for our Newsletter    

Ben Jang, Portfolio Manager at Nicola Wealth, joins host Jasmine Marichic to discuss market themes in the first quarter of 2024. They analyze historical trends that influence today's markets and deliver practical advice for constructing resilient investment portfolios. Additionally, Ben provides valuable insights on how investors can avoid common pitfalls like recency bias, and offers strategic guidance in navigating uncertain market conditions. Their discussion extends from interpreting the implications of interest rate fluctuations to staying informed about global events such as upcoming elections. Sign Up for our Newsletter

In this episode, Mark Hannah, Managing Director of Nicola Wealth Real Estate, is joined by Mark Renzoni, an Independent Advisor on the Nicola Wealth Real Estate Investment Committee. Mark, who served as the former President and Chief Executive Officer of CBRE in Canada, draws from his extensive career spanning over three decades in commercial real estate. Mark provides valuable insights into navigating the complexities of the commercial real estate market, including adapting to challenges such as the impact of COVID-19 and fluctuations in interest rates. He discusses investment strategies, focusing on growth markets and income-producing assets while addressing emerging trends in alternative asset classes.  Additionally, he underscores the importance of continuous learning, shares strategies for career development, and highlights the pivotal role of mentorship in shaping the future landscape of the real estate industry. Sign Up for our Newsletter

In this episode, host Selena Woo engages in an inspiring and laughter-filled discussion with Natalie Miller. They navigate the complexities of life, from Natalie's thriving interior design business to supporting her husband's career in the NHL while raising three young children. Natalie shares her refreshing perspectives on life, humility, and dedication to giving back to her community. They discuss how they translate her husband JT's work ethic on the ice into a successful team dynamic, building a beautiful life together that requires hard work. Natalie redefines the notion of being in someone's shadow, emphasizing her own role and strengths. As a working parent, she highlights the power of organization and the importance of giving ourselves grace. Natalie's wisdom and insights inspire and uplift, reminding us all to embrace our unique paths and find strength in the journey.

In this episode, Nicola Wealth's asset management leaders tackle the uncertainty of interest rate changes in 2024 and how to tactically navigate this landscape. Public Assets Portfolio Manager, Ben Jang, sheds light on market expectations and the importance of duration exposure in fixed income, while Chief Financial Officer and Head of Private Capital, Bijal Patel, discusses the allure of private debt and mortgages for risk-adjusted returns. As the conversation unfolds, Managing Director of Nicola Wealth Real Estate, Mark Hannah, underscores the value of build-to-own assets and the strategic advantage they offer over existing properties. Meanwhile, Bijal and Vanessa provide insights into inflation versus deflation concerns and their impact on portfolio stress testing and client engagements.

In this episode of Lead Impact, Ron Haik is joined by former Canadian figure skater, Patrick Chan. As the most decorated male figure skater in Canadian history, Patrick shares his inspiring journey from the ice rink to financial planning at Nicola Wealth. Patrick reflects on his humble beginnings in Ottawa, where his love for figure skating blossomed amidst a family of passionate athletes. From early aspirations of hockey to discovering his calling in figure skating, Patrick's path to Olympic glory was anything but conventional. But as Patrick recounts, life after the Olympics presented a new set of challenges. Transitioning from the spotlight of competitive skating to the corporate world, Patrick found himself at a crossroads. He candidly discusses the uncertainties, setbacks, and pivotal moments that ultimately led him to Nicola Wealth. Through insightful conversations with host Ron Haik, Patrick shares invaluable lessons learned from his skating career and how they translate to his current role as a Wealth Planning Associate Intern at Nicola Wealth. From resilience and mindfulness to teamwork and adaptability, Patrick's journey exemplifies the power of perseverance and embracing change.

In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth explores private debt investments with industry expert Howard Widra, Partner at Apollo and Head of Direct Originations at MidCap Financial. Joined by Jurgen Van Vuuren, Senior Director & Head, Private Debt at Nicola Wealth, they explore the intricacies of MidCap's extensive portfolio of senior debt solutions, from leverage lending to asset-based lending. Howard shares insights into MidCap's journey since its establishment in 2008, highlighting challenges encountered and the firm's commitment to disciplined portfolio management. Meanwhile, Jurgen offers valuable perspectives on private debt investment from the lens of high net worth individuals, showcasing Nicola Wealth's strategic approach. Additionally, they delve into the drivers behind the growth of private credit, dispelling misconceptions and examining the implications of capital concentration among major private credit firms on market competition. They also explore the current state of the M&A market and its ripple effects on private debt activity. Sign Up for our Newsletter  

In the latest episode of The Wealth Exchange podcast, Selena Woo sits down with Cally Wesson, the dynamic CEO and President of BC Women's Health Foundation. Known for her transformative leadership, Cally's journey is nothing short of inspirational as she delves into the pivotal role of women's health in our lives. As a passionate advocate for comprehensive wellness, Cally's work extends from neonatal care to mature women's health, emphasizing the importance of a holistic approach. Through collaboration with researchers and philanthropists, she translates cutting-edge research into tangible solutions, fostering full-circle wellness for women. In this episode, Cally shares her insights on fostering community, driving innovation, and the profound impact of collective action in advancing women's health.

In this episode, host Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors to help their clients navigate the complexities of the Vancouver real estate market.  Dan and Ryan discuss some of the most timely issues affecting the Vancouver real estate market. They provide an update on the residential real estate market, speculate on the "myth" of the mortgage maturity cliff, and discuss affordability in British Columbia, Alberta, and Ontario.

 In this episode, Ron Haik sits down with John Bromley, the visionary founder and CEO of Charitable Impact, an online donation platform. With a passion for charitable giving in Canada, John advocates for increased access, education, and dialogue within the sector. Join us as we delve into his journey and how Charitable Impact helps facilitate online donations, making gifts to causes seamless. Sign Up for our Newsletter