equity management ltd
Richmond Equity Management Ltd. is an employee-owned, Alberta-based investment management firm with a proven track record of selecting quality, dividend paying equities. We apply a consistent investment approach, focusing on equities that generate steady long-term earnings and dividend growth while avoiding resource and commodity price exposure. Our unconstrained, bottom-up mandate allows us to deviate from any index and invest across sectors, geography, and market capitalization. We have limited the size of our asset and client base to ensure a direct client relationship with a portfolio manager and to provide personalized service while maximizing our investment choices and total return potential.
Richmond Equity Management Ltd. is registered as an exempt market dealer in Alberta, British Columbia and in Ontario. The Richmond Equity Funds are offered under prospectus exemptions to accredited investors.
Mr. Wolfe is the President and co-founder of Richmond Equity and is responsible for overall business and corporate affairs. Mr. Wolfe has been in the financial services industry for over 30 years. Formerly, he was President and CEO of EnerVest Management Ltd (2005-2008), the management company for EnerVest Diversified Income Fund that invested $2 billion on behalf of 70,000 investors in a diversified portfolio of income trusts. Mr. Wolfe worked at Bissett & Associates Investment Management Ltd. (1993-2001) in a variety of roles including President (1997-2001) and CEO. He served as Chairman of IFIC and the Mutual Fund Dealers Association of Canada (2000-2002). Mr. Wolfe is a graduate from the University of Alberta and the Katholieke Universiteit of Leuven, Belgium.
Kevin Wolfe BA, MBA
Chief Operating Officer
Mr. Andrade joined Richmond in July 2023 as the Chief Operating Officer with over 20 years of industry experience. Prior to that, he was the Managing Director, Public Investments for a Single Family Office (2013-2023). He was the Chief Investment Officer at Canadian Family Futures Inc. (2012-2013), Director, Investment Analysis at Kinnear Financial Ltd. (2010-2012), and Vice President, Mergers & Acquisitions at Ernst & Young Orenda Corporate Finance Inc. (2004-2010). Mr. Andrade also previously served as President of the CFA Society Calgary and as Chair of the CFA Institute Disciplinary Review Committee. Mr. Andrade holds a Bachelor of Commerce (Honours) degree from Mount Allison University and received his CFA designation in 2004.
Matthew Andrade BComm, CFA
Mrs. Hindmarch is the Investment Counsellor at Richmond Equity and is responsible for client servicing, business development, and is a member of the investment committee. Mrs. Hindmarch has been in the financial services business for 8 years, previously employed as Vice President, Private Wealth Counsellor at Fiduciary Trust Company of Canada. Prior thereto, she was a Research Associate at Peters and Co. Limited covering predominantly Canadian exploration and development companies. Mrs. Hindmarch obtained her Chartered Investment Management designation in July 2018 and holds an Honors Specialization in Finance from Western University.
Megan Hindmarch BMOS, CIM
Portfolio Manager, Director
Mr. Pynn is a co-founder of Richmond Equity and has over 35 years of investment management experience. He is currently responsible for research and portfolio management of the Richmond Funds. Mr. Pynn was previously employed at Bissett & Associates Investment Management Ltd. (1987-2008) including President (2006-2008). He had a variety of investment roles including Lead Portfolio Manager of the Bissett Canadian Equity Fund and was responsible for managing over $6 billion of Canadian equities. Mr. Pynn is a graduate of the University of Calgary, earned his Chartered Financial Analyst designation in 1989 and completed the Institute of Corporate Directors course in 2009. He is a member of the CFA institute and the Financial Executives Institute of Canada.
Fred Pynn BComm, CFA
Portfolio Manager, Director
Mr. Yester is responsible for research, analysis and investing on behalf of the firm’s North American equity funds. Mr. Yester has over 10 years of experience in the financial services industry, the vast majority with Richmond Equity implementing the investment philosophy developed by the firm’s founders. Mr. Yester was appointed Portfolio Manager in January 2018, having served as an Equity Analyst since October 2015. Previously, he was employed with Haywood Securities Inc. as an Analyst, Investment Banking. Mr. Yester earned his CFA charter in September 2017 and holds a Bachelor of Commerce Degree, Dean’s List, from the Peter B. Gustavson School of Business, University of Victoria.
Scott Yester BComm, CFA
Mr. Koper is responsible for research, analysis, financial modeling, and investing on behalf of the Richmond Funds. Mr. Koper was appointed Portfolio Manager in January 2021 after previously serving as an Equity Analyst since joining the firm in 2018. Prior to joining Richmond, he was responsible for data analytics as well as coordinating the securities donation program at the United Way of Calgary and Area (2016 – 2017). He obtained his CFA charter in June 2020. He is a graduate of the University of Victoria and holds a Bachelor of Science Degree, with distinction, in Economics with minors in Finance and Business.
Nick Koper BSc, CFA
Chief Compliance Officer, CFO, Director
Ms. Olsen is the CCO and CFO and is responsible for the management of Richmond’s compliance regime, the implementation of securities legislation, and financial reporting and oversight. She was appointed CCO in July 2023 and has served as CFO since March 2021. Prior to joining Richmond in 2020, she worked at Hopewell Residential where she was primarily responsible for financial reporting, financing compliance and internal control implementation (2016-2020). She obtained her Chartered Accountant designation in 2015 while articling at PwC (2012-2016) and graduated with a Bachelor of Commerce (Honours) degree from Queen’s University.
Laura Olsen BComm, CPA, CA
Vice President, Director
Mrs. Adams is Vice President, former Chief Compliance Officer (CCO), former Chief Financial Officer (CFO) and co-founder of Richmond Equity. She has been in the financial services industry for over 30 years and was formerly CFO of Brownstone Asset Management (2003-2008). Prior thereto, Mrs. Adams was CFO at Bissett & Associates Investment Management Ltd. (1993-2001). Mrs. Adams holds a Chartered Accountant designation (1985) and is a graduate of Queens University.
Wendy Adams BComm, CPA, CA
Manager, Fund Services
Mrs. Colebrook is responsible for fund administration and back-office operations. She was previously employed at ATB Wealth in system operations and corporate actions administration (2015-2019). Prior thereto, Mrs. Colebrook was a Financial Advisor at the Bank of Nova Scotia (2014-2015). She is a graduate from the University of Lethbridge and Libera Università di Bolzano in Italy with a degree in International Management. Mrs. Colebrook also obtained a diploma in Marketing from SAIT and completed the Canadian Securities Course in 2016.
Alicia Colebrook B.Mgt.
Mr. Quinn is a co-founder of Richmond Equity and has over 35 years of experience in the financial services industry. He previously served as Portfolio Manager and Investment Counsellor, and is currently involved in developing our next generation of investment professionals. Mr. Quinn held various senior management positions at Bissett & Associates Investment Management Ltd. (1984-2005). During Mr. Quinn’s tenure as Chief Investment Officer and President of Bissett & Associates (2002-2005), he directly oversaw 14 different investment funds with nearly $11 billion of assets under management. He is a CFA charter holder and a graduate of Bishop’s University.