Won Wealth Professional’s five-star badge
Nominated for Wealth Professional’s 2022 Advisor of the Year
Accolades
Brought in $34 million net
2019
Antoine Niding loves making a difference
Antoine Niding loves making a difference in people’s lives. It’s the underlying theme for both his practice – Niding Wealth Management with Richardson Wealth – and his philanthropy.
In fact, that’s propelling him to uplevel his business so he can make a difference in more people’s lives as he surveys both his francophone community, which needs more financial education, and the palliative care centre for children with cancer for whom he fundraises.
“That’s why I’m involved,” Niding, an investment advisor, told Wealth
Professional. “I truly believe that it’s everyone’s duty to do good.”
Niding, whose dad was an investment advisor for 41 years, grew up not only knowing about the financial business, but learning that he needed to give back to his wider community. His mom would deliver a turkey to the church each Christmas, making him want to be involved even then. When he was very young, she also instilled the idea of giving back.
“I was taught young that if we’re privileged enough – if you go to school or have a good job – it’s our duty to give back to the society in many ways,” he said. “So that’s the reason why I’m involved as much as I am.”
Niding didn’t originally follow his dad into the financial business – even though his father, a stockbroker, ended up working with Richardson Wealth, too. Antoine was initially building a medical education program for the pharmaceutical industry, but eventually joined National Bank Financial and then his father’s team, where he developed his own book. He’s now been in the industry eleven years and, when his father died in 2018, he started taking over part of his dad’s book. He brought in more net assets in one year – $41 million in 2019 – than his dad had in 41 years. But he also had new ideas for growing the business.
He now finds himself at a pivotal moment, so is planning to double his team in 2023 so he can serve more people. He currently serves 92 families – about 98% percent of whom are doctors or business owners without financial expertise – and has about $151 million of assets under management (AUM). Once he grows his team to two investment advisors and two assistants by next June, he hopes to reach his short-term goal of increasing his business to 250 families and his long-term goal of reaching $1 billion in AUM within ten years.
“I want to help people because, at a certain point, money doesn’t make any more difference,” he said. “The only thing I want is to help people and leave a positive mark on the underserved.”
Niding is concerned about providing more financial education and support to his francophone community because, he said, due to its history, it values money differently from anglophones.
the one to teach their kids how to deal with money, and what good they can do with that commodity,” he said, noting he often attends family meetings. “I also want to make them aware of tax strategies and things like transferring a capital gain into a foundation, so they can do more good with one action.
“When you have these conversations with kids at a younger age, their relationship with money changes. So, making my clients more aware will always be my main focus.”
Niding, who also loves gardening, wine, and travelling, also wants to inspire his clients to give, whether it’s their time or money – and he practices what he preaches.
For the past five years, he’s been participating in career day at his local high school. He also fundraises for a foundation that aids children who have cancer through a palliative facility near his home. He’s involved in several activities, and is still chuckling about one this summer.
He and his wife rented a Lamborghini to take the sick kids who were well enough for a ride in this hot sports car. It was his first time in it, too, and he remembers one very little boy who needed a booster seat.
“You cannot put a booster seat in a Lamborghini. It doesn’t fit. It doesn’t work, and I remember that dad saying, ‘What happens if you get pulled over by a cop? I’ll pay the ticket.’
“I said, ‘If the cops pull me over and, after I explain why your son isn’t in a booster seat, they still give me the ticket, then I’ll pay the ticket.’
“Then I remember the kid saying, ‘Go fast, go fast!’ I was already going as fast as I should, so I wasn’t going to go any faster. But that’s fun when you’re seven or eight. It also filled me with the feeling that the more you give, the better you feel. So, I believe in loving people, and helping them, and being nice to others.”
Spotlight
“When I was younger, the church in Quebec was king, so having a lot of wealth or money was not well-perceived,” he said, noting that that differs from the attitudes of anglophones, who have been interested in growing and transferring their wealth to succeeding generations for a while.
That’s why he’s working with clients and their families to help them establish their mission and purpose, but also look at what type of legacy they want to leave and how they can support it with their time and money. That can help them continue to grow, and protect, their resources so they can pass them to the next generation. He also likes working with the next generation to help its members learn how to deal with money in the most constructive way.
“I want to create an awareness for them to be able to leave a legacy, and I want to be
At Richardson Wealth, we’re changing wealth management. Being a gamechanger involves risk – and courage. It’s a strategic mindset that pushes us to forge ahead, no matter how daunting the challenge, to see what we accomplished in the past year and how we can change the game in future.
Gamechangers alter the way things are done. They seek innovative strategies that open new avenues of financial growth, often transforming their entire image. Being part of a game-changing company means creating innovative new paths to change the status quo. Becoming a gamechanger takes time, determination, and the ability to ride out any uncertainty or adversity.
Company Profile
92 families and $151 AUM
Current practice
95% of his business are doctors or small-business owners
Speciality
Double the team and increase to 250 client families
Short-term goal
2019-$41m AUM
Biggest career achievement to date
$1 billion of AUM within 10 years
Long-term goal
Bio
Spotlight
Milestones
Media
Accolades
Company Profile
years in the industry
11
quick fact
“I started my business from scratch in 2011”
favourite quote
"Cost is only an issue in the absence of value"
Antoine Niding
Investment Advisor at Niding Wealth Management with Richardson Wealth
Helping others forms the underlying theme of both his Montreal wealth management practice and his philanthropy for sick kids
Read on
“I truly believe that it’s everyone’s duty to do good”
Antoine Niding,
Niding Wealth Management with Richardson Wealth
“I was taught young that if we’re privileged enough – if you go to school or have a good job – it’s our duty to give back to society in many ways”
Antoine Niding,
Niding Wealth Management with Richardson Wealth
Share
Won Wealth Professional’s five-star badge
Nominated for Wealth Professional’s 2022 Advisor of the Year
Accolades
Media
Milestones
2011
2015
2021
Curabitur feugiat eget leo id tempus. Maecenas commodo, nibh at ultricies pulvinar, ipsum erat porta metus, et tempus justo tellus euismod dolor.
2015
Curabitur feugiat eget leo id tempus. Maecenas commodo, nibh at ultricies pulvinar, ipsum erat porta metus, et tempus justo tellus euismod dolor.
2021
Antoine Niding loves making a difference
Karen Adams has had a remarkable journey to her current role as CEO of Fundserv. Originally from Toronto, Adams earned a bachelor’s degree in mathematics and economics at Queens University, followed by an MBA in international finance at the University of British Columbia. After graduating, she set off across the globe, holding various positions with HSBC that took her to London, Dubai, Hong Kong, Beijing, Shanghai, Seoul and Mumbai.
That global experience gave Adams a unique perspective, prompting her to develop a leadership style that’s based on developing relationships with each individual, listening and understanding to help them reach their potential. That approach goes well beyond her own team, allowing Fundserv to succeed in creating solutions for its members.
“Having worked in many different countries, people ask if I am an expert in multicultural leadership,” Adams says. “I always say there is no such thing because that assumes you manage people based on their background. I have learned that people all want the same things: to develop our careers, give our kids a good future, etc. When she returned to Canada learned that people all
“I was taught young that if we’re privileged enough – if you go to school or have a good job – it’s our duty to give back to the society in many ways,” he said. “So that’s the reason why I’m involved as much as I am.”
Niding didn’t originally follow his dad into the financial business – even though his father, a stockbroker, ended up working with Richardson Wealth, too. Antoine was initially building a medical education program for the pharmaceutical industry, but eventually joined National Bank Financial and then his father’s team, where he developed his own book. He’s now been in the industry eleven years and, when his father died in 2018, he started taking over part of his dad’s book. He brought in more net assets in one year – $41 million in 2019 – than his dad had in 41 years. But he also had new ideas for growing the business.
He now finds himself at a pivotal moment, so is planning to double his team in 2023 so he can serve more people. He currently serves 92 families – about 98% percent of whom are doctors or business owners without financial expertise – and has about $151 million of assets under management (AUM). Once he grows his team to two investment advisors and two assistants by next June, he hopes to reach his short-term goal of increasing his business to 250 families and his long-term goal of reaching $1 billion in AUM within ten years.
From those forums, a common theme arose that has plagued the industry for years: the amount of paper required in transactions.
“We have a motto to ‘axe the fax,’ and we saw this opportunity where members didn’t want their staff going into the office, but there are still physical cheques going back and forth,” Adams explains. “We put in place, in just six months, Ad-Hoc Money Movement [A$M]. We responded to the industry and are in the process of replacing cheques, which I think is awesome. We launched in January and have seen so much volume. We think ultimately we are keeping people healthier by not having to travel into the office.”
“When you have these conversations with kids at a younger age, their relationship with money changes. So, making my clients more aware will always be my main focus.”
Niding, who also loves gardening, wine, and travelling, also wants to inspire his clients to give, whether it’s their time or money – and he practices what he preaches.
For the past five years, he’s been participating in career day at his local high school. He also fundraises for a foundation that aids children who have cancer through a palliative facility near his home. He’s involved in several activities, and is still chuckling about one this summer.
He and his wife rented a Lamborghini to take the sick kids who were well enough for a ride in this hot sports car. It was his first time in it, too, and he remembers one very little boy who needed a booster seat.
“You cannot put a booster seat in a Lamborghini. It doesn’t fit. It doesn’t work, and I remember that dad saying, ‘What happens if you get pulled over by a cop? I’ll pay the ticket.’
“I said, ‘If the cops pull me over and, after I explain why your son isn’t in a booster seat, they still give me the ticket, then I’ll pay the ticket.’
“Then I remember the kid saying, ‘Go fast, go fast!’ I was already going as fast as I should, so I wasn’t going to go any faster. But that’s fun when you’re seven or eight. It also filled me with the feeling that the more you give, the better you feel. So, I believe in loving people, and helping them, and being nice to others.”
Spotlight
Fundserv is the indispensable connectivity hub for the Canadian investment industry. Headquartered in Toronto, we electronically connect Manufacturers, Distributors, and Intermediaries, enabling them to buy, sell, and transfer investment funds. With more than 100 employees, Fundserv serves hundreds of members—executing up to 63 million yearly network transactions—and provides online access to more than 70,000 investment fund products.
Established in 1993, Fundserv is a private corporation that is owned by the industry we serve. Our 10 shareholders are a cross-section of Manufacturers, Distributors, and Service Providers who represent our members.
We operate using a cost-recovery model, meaning any unused profit may be rebated back to our members. In addition to our network and applications, we lead and facilitate industry committees and working groups that promote automation initiatives and establish the industry’s electronic standards.
By ensuring every trade is processed timely, accurately, and securely, Fundserv has rightfully earned a reputation for service excellence—a hallmark of more than 25 years in the investment industry.
Company Profile
“I truly believe that it’s everyone’s duty to do good”
Antoine Niding,
Niding Wealth Management with Richardson Wealth
“I was taught young that if we’re privileged enough – if you go to school or have a good job – it’s our duty to give back to society in many ways”
Antoine Niding,
Niding Wealth Management with Richardson Wealth
years in the industry
11
quick fact
2017 - Present
BAsed In
Toronto, Ont.
favourite quote
"Cost is only an issue in the absence of value"
Karen Adams
President and CEO at Fundserv
Before becoming CEO of Fundserv, Karen Adams held a variety of leadership roles around the world – and she learned that listening and understanding are key to both providing service and developing talent
Read on
Share
Share
Won Wealth Professional’s five-star badge
Nominated for Wealth Professional’s 2022 Advisor of the Year
Accolades
Media
Milestones
2011
2012
2021
Curabitur feugiat eget leo id tempus. Maecenas commodo, nibh at ultricies pulvinar, ipsum erat porta metus, et tempus justo tellus euismod dolor.
2012
Curabitur feugiat eget leo id tempus. Maecenas commodo, nibh at ultricies pulvinar, ipsum erat porta metus, et tempus justo tellus euismod dolor.
2021
Antoine Niding loves making a difference
Karen Adams has had a remarkable journey to her current role as CEO of Fundserv. Originally from Toronto, Adams earned a bachelor’s degree in mathematics and economics at Queens University, followed by an MBA in international finance at the University of British Columbia. After graduating, she set off across the globe, holding various positions with HSBC that took her to London, Dubai, Hong Kong, Beijing, Shanghai, Seoul and Mumbai.
That global experience gave Adams a unique perspective, prompting her to develop a leadership style that’s based on developing relationships with each individual, listening and understanding to help them reach their potential. That approach goes well beyond her own team, allowing Fundserv to succeed in creating solutions for its members.
“Having worked in many different countries, people ask if I am an expert in multicultural leadership,” Adams says. “I always say there is no such thing because that assumes you manage people based on their background. I have learned that people all want the same things: to develop our careers, give our kids a good future, etc. When she returned to Canada learned that people all
“I was taught young that if we’re privileged enough – if you go to school or have a good job – it’s our duty to give back to the society in many ways,” he said. “So that’s the reason why I’m involved as much as I am.”
Niding didn’t originally follow his dad into the financial business – even though his father, a stockbroker, ended up working with Richardson Wealth, too. Antoine was initially building a medical education program for the pharmaceutical industry, but eventually joined National Bank Financial and then his father’s team, where he developed his own book. He’s now been in the industry eleven years and, when his father died in 2018, he started taking over part of his dad’s book. He brought in more net assets in one year – $41 million in 2019 – than his dad had in 41 years. But he also had new ideas for growing the business.
He now finds himself at a pivotal moment, so is planning to double his team in 2023 so he can serve more people. He currently serves 92 families – about 98% percent of whom are doctors or business owners without financial expertise – and has about $151 million of assets under management (AUM). Once he grows his team to two investment advisors and two assistants by next June, he hopes to reach his short-term goal of increasing his business to 250 families and his long-term goal of reaching $1 billion in AUM within ten years.
“I want to help people because, at a certain point, money doesn’t make any more difference,” he said. “The only thing I want is to help people and leave a positive mark on the underserved.”
From those forums, a common theme arose that has plagued the industry for years: the amount of paper required in transactions.
“We have a motto to ‘axe the fax,’ and we saw this opportunity where members didn’t want their staff going into the office, but there are still physical cheques going back and forth,” Adams explains. “We put in place, in just six months, Ad-Hoc Money Movement [A$M]. We responded to the industry and are in the process of replacing cheques, which I think is awesome. We launched in January and have seen so much volume. We think ultimately we are keeping people healthier by not having to travel into the office.”
Niding, who also loves gardening, wine, and travelling, also wants to inspire his clients to give, whether it’s their time or money – and he practices what he preaches.
For the past five years, he’s been participating in career day at his local high school. He also fundraises for a foundation that aids children who have cancer through a palliative facility near his home. He’s involved in several activities, and is still chuckling about one this summer.
He and his wife rented a Lamborghini to take the sick kids who were well enough for a ride in this hot sports car. It was his first time in it, too, and he remembers one very little boy who needed a booster seat.
“You cannot put a booster seat in a Lamborghini. It doesn’t fit. It doesn’t work, and I remember that dad saying, ‘What happens if you get pulled over by a cop? I’ll pay the ticket.’
“I said, ‘If the cops pull me over and, after I explain why your son isn’t in a booster seat, they still give me the ticket, then I’ll pay the ticket.’
“Then I remember the kid saying, ‘Go fast, go fast!’ I was already going as fast as I should, so I wasn’t going to go any faster. But that’s fun when you’re seven or eight. It also filled me with the feeling that the more you give, the better you feel. So, I believe in loving people, and helping them, and being nice to others.”
Spotlight
Fundserv is the indispensable connectivity hub for the Canadian investment industry. Headquartered in Toronto, we electronically connect Manufacturers, Distributors, and Intermediaries, enabling them to buy, sell, and transfer investment funds. With more than 100 employees, Fundserv serves hundreds of members—executing up to 63 million yearly network transactions—and provides online access to more than 70,000 investment fund products.
Established in 1993, Fundserv is a private corporation that is owned by the industry we serve. Our 10 shareholders are a cross-section of Manufacturers, Distributors, and Service Providers who represent our members.
We operate using a cost-recovery model, meaning any unused profit may be rebated back to our members. In addition to our network and applications, we lead and facilitate industry committees and working groups that promote automation initiatives and establish the industry’s electronic standards.
By ensuring every trade is processed timely, accurately, and securely, Fundserv has rightfully earned a reputation for service excellence—a hallmark of more than 25 years in the investment industry.
Company Profile
years in the industry
11
quick fact
“I started my business from scratch in 2011”
favourite quote
"Cost is only an issue in the
absence of value"
Karen Adams
President and CEO at Fundserv
Career highlight
Before becoming CEO of Fundserv, Karen Adams held a variety of leadership roles around the world – and she learned that listening and understanding are key to both providing service and developing talent
Read on
“I truly believe that it’s everyone’s duty to do good”
Antoine Niding,
Niding Wealth Management with Richardson Wealth
“I was taught young that if we’re privileged enough – if you go to school or have a good job – it’s our duty to give back to society in many ways”
Antoine Niding,
Niding Wealth Management with Richardson Wealth
IN Partnership with
In Partnership with
In Partnership with
2019
2021
2022
Brought in $34 million net
2019
Kish Kapoor, CEO of RF Capital Group Inc., which owns Richardson Wealth, selected
Niding to be interviewed for the annual report
2021
Nominated for Wealth Professional’s best investment advisor of the year
2022
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Copyright © 1996-2023 KM Business Information Canada Ltd.
Contact us
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Best in Wealth
Subscribe
News
Your Practice
Investments
Resources
Best in Wealth
Subscribe
Companies
About us
Privacy
Terms of Use
RSS
People
Newsletter
Authors
Contact us
External contributors
Copyright © 1996-2023 KM Business Information Canada Ltd.
Brought in $34 million net
2019