Full-Time

Wealth Advisor

Nicola Wealth

Nicola Wealth

51-200 employees

Independent private wealth and asset management

No salary listed

Kelowna, BC, Canada

Hybrid

Category
Finance & Banking (1)
Required Skills
Computer Networking
Risk Management
Requirements
  • Minimum 5-10 years of experience in a similar role, preferably in a financial planning firm with a high degree of client contact and exposure to both insurance and investment planning
  • Certified Financial Planner (CFP)
  • Chartered Investment Manager (CIM) or completion of Chartered Financial Analyst Level 1
  • Licensed for Life, Sickness & Accident Insurance
  • Other industry education and designations would be considered an asset
  • Demonstrated technical proficiency in financial planning, asset management and insurance
Responsibilities
  • Leveraging your technical planning and client relationship skills to build a business within Nicola Wealth
  • Delivering an impeccable level of client service by remaining aware of the changing needs and circumstances of your clients and maintaining their confidence as a trusted advisor
  • Prepare ongoing analysis with respect to investment portfolio design, risk management (insurance planning), retirement income needs, estate planning, cash flow budgeting, education requirements, capital needs analysis and tax planning
  • Ensure all client information and regulatory requirements are up to date and current
  • Develop and strengthen client relationships and build new relationships via client referrals, centers of influence, networking, and other business development opportunities
  • Partnering with others in the firm to contribute to the ongoing development of the advisory team, as well as providing coaching and mentorship to others
  • Proactively enhance your expertise through attending seminars, continued education, and proactive personal development

Nicola Wealth manages client investments across a broad mix of assets, including traditional public markets (Canadian and global equities and fixed income) and private assets (real estate, infrastructure, private debt, mortgages, and private equity). It operates as an independent private investment counsellor and is registered as a Portfolio Manager and Exempt Market Dealer, with about $16.8 billion of assets under management as of January 1, 2025. The firm builds diversified portfolios tailored to each client’s goals, risk tolerance, and time horizon, combining public and private market exposures. Its aim is to grow and protect clients’ wealth over time by delivering multi-asset investment solutions across market cycles, differentiating itself from competitors by its independence and broad asset platform rather than a single product line or bank tie-in.

Company Size

51-200

Company Stage

N/A

Total Funding

$431.8M

Headquarters

Vancouver, Canada

Founded

1994

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Simplify's Take

What believers are saying

  • Deployed $18.80M into Broadcom and $9.74M into Amazon for tech growth exposure.
  • Swiss Life boosted Lululemon stake 53.1% in Q4 2025 amid athleisure demand.
  • Institute for Wealth Management initiated Lululemon position signaling apparel confidence.

What critics are saying

  • Elliott Management's $1B stake forces Lululemon CEO replacement in 3-6 months.
  • Chip Wilson's campaign erodes Lululemon confidence slashing valuation in 6-12 months.
  • Lululemon faces board takeover from dual activists in 18-24 months.

What makes Nicola Wealth unique

  • Nicola Wealth grew AUM from $8B in 2020 to $15B by 2026 via private equity expansion.
  • Appointed Robert Olsen as Vice Chair focusing on direct private equity and secondaries.
  • Hired Michael Kaumeyer to lead ultra-high-net-worth client business.
  • Partnered with Mission Group on Kelowna Block office tower development.

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Benefits

Performance Bonus

Profit Sharing

Company News

MarketBeat
Mar 4th, 2025
Nicola Wealth Management LTD. Makes New Investment in Lululemon Athletica Inc. (NASDAQ:LULU)

Nicola Wealth Management LTD. makes new investment in Lululemon Athletica Inc. (NASDAQ:LULU).

Slater Sentinel
Nov 24th, 2024
Caprock Group LLC Has $299,000 Position in Lamb Weston Holdings, Inc. (NYSE:LW)

Nicola Wealth Management LTD. acquired a new stake in Lamb Weston in the third quarter valued at $6,474,000.

MarketBeat
Nov 18th, 2024
Nicola Wealth Management LTD. Makes New $18.80 Million Investment in Broadcom Inc. (NASDAQ:AVGO)

Nicola Wealth Management LTD. makes new $18.80 million Investment in Broadcom Inc. (NASDAQ:AVGO).

The Manila Times
Oct 9th, 2024
Michael Kaumeyer Joins Nicola Wealth to Drive Ultra-High-Net-Worth Business

Michael Kaumeyer joins Nicola Wealth to drive ultra-high-net-worth business.

Penticton Western News
Sep 13th, 2024
'New downtown energy': The Block office tower opens in Kelowna

Nicola Wealth, a $10 billion investment company, partnered with Mission Group on the development.