Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

June 28, 2005 12:41 ET

Goodman Private Wealth Management Comes to Victoria

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 28, 2005) - Goodman Private Wealth Management ("Goodman Private") , a division of Goodman & Company, Investment Counsel Ltd. and a subsidiary of Dundee Wealth Management Inc. (TSX:DW) is pleased to announce the opening of their new office in Victoria, British Columbia.

Located in B.C.'s capital, the firm's Victoria office will spearhead the discretionary and segregated high-net worth investment counselling operations of Dundee Wealth Management Inc. Goodman Private, with assets approaching $1 billion, will focus on servicing the investment requirements of affluent residents in British Columbia. The Goodman Private Victoria office will be led by Pamela Russell, a Victoria resident with over 15 years of investment experience.

In September of 2004 Dundee Wealth Management Inc., the parent firm of Goodman Private bought the Victoria-based economic consulting firm M. Murenbeeld & Associates Inc. At that time Martin Murenbeeld, president of the firm, was appointed Chief Economist of the Dundee Wealth Group, which includes the services of the Goodman Private offices in Montreal, Toronto, Winnipeg, Calgary and now Victoria.

"I've been living in this community for over 20 years," says Dr. Murenbeeld. "When Dundee first approached me I knew it would be the beginning of a great partnership, and it was a great opportunity to bring a world-class wealth management service to the province."

Goodman Private and Pamela Russell are committed to understanding the needs of the high net-worth segment of the investment community who will benefit from the unique investment approach developed by Goodman Private.

"Our motto is to live locally, think globally and act strategically with discipline," says John Panneton, President of Goodman Private. "The province is home to many affluent Canadians and entrepreneurs who I believe will benefit from the expertise and sophistication of an integrated and dedicated investment manager."

Dundee Wealth is a Canadian owned, TSX listed wealth management company, that provides investment management, securities brokerage, financial planning and investment advisory services to individuals, financial advisors, institutions, corporations and foundations. Dundee Wealth has $42.4 billion in assets under management and administration and approximately 2,050 independent financial and 500 insurance agents located in 685 branches across Canada.

Contact Information

  • Livingston Communications Inc.
    Martin Livingston
    (604) 657-8234
    Goodman Private Wealth Management
    Pamela Russell
    (250) 405-4052