Questrade Named One of Canada’s Best Managed Companies 2022 for 11th Consecutive Year
Online Brokerage Retains Respected Platinum Club Distinction for Sustained Growth and Business Performance
TORONTO, May 25, 2022 (GLOBE NEWSWIRE) — Questrade (www.questrade.com(www.betterruncompanies.ca) designation for the 11e consecutive year, retaining its respected Platinum Club status.
A year of continued success
Presented by Deloitte, 29e The Canada’s Best Managed Companies of the Year Awards recognize the best Canadian private companies with annual revenues of over $50 million, which have demonstrated outstanding leadership and their CEOs who have leveraged their talent pool to achieve measurable success over the course of the year. To qualify for Deloitte’s list, companies must demonstrate leadership on several key fronts, including purpose and strategy, culture and engagement, capabilities and innovation, and governance and finance. . Companies attribute their success to a clearly defined organizational purpose, the promotion of a remote working environment and a clear focus on employee well-being, which has led them to overcome some of the most pressing challenges of history during a pandemic, while remaining competitive on the global stage. As a Best Managed Company, Questrade has demonstrated that it can both overcome obstacles and help shape the country’s new post-pandemic future.
“This achievement is again an honor, especially given the economic climate and global struggles of the past year,” said Edward Kholodenko, President and CEO of Questrade. “We are both blessed and grateful for our unprecedented growth and success during this time, and I believe it reflects an ongoing commitment to our mission to help Canadians become more prosperous and financially secure. , along with our continued investment in technology and ultimately our dedicated and loyal team.
Each year, Canadian companies compete for this destination through a rigorous, independent process that assesses the caliber of their management capabilities and practices. Applicants are evaluated by an independent judging panel made up of representatives from the program’s sponsors in addition to special guest judges. The Best Managed Companies of 2022 share commonalities that include (but are not limited to) putting their people and culture first, focusing on their ESG strategies, and doubling down on accelerating digitalization. Questrade remains among the best Canadian-owned and managed companies, demonstrating its investment in talent, technology and innovation in a competitive and challenging environment.
“The 2022 Best Managed winners exemplify innovation, adaptability and resilience in the face of uncertainty,” said Derrick Dempster, Partner, Deloitte Private and Co-Director of Canada’s Best Managed Companies Program. “Over the past year, these forward-thinking companies have pivoted to successfully meet challenges and capitalize on new opportunities, leveraging industry-leading skills to maximize their investments and drive sustainable growth. “
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continue to be the hallmark of Canadian-owned and managed companies with revenues exceeding $50 million. Each year since the program’s launch in 1993, hundreds of entrepreneurial companies have competed for this designation through a rigorous, independent process that assesses their skills and management practices. The awards are given out at four levels: 1) new winner of Canada’s Best Managed Companies (one of the new winners selected each year); 2) Winner of Canada’s Best Managed Companies (award recipients who reapply and successfully maintain their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully maintained their award for 4-6 consecutive years); 4) Platinum Club Member (winners who have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About Questrade
Questrade (www.questrade.com) is the fastest growing online brokerage company in Canada and is ranked #1¹. Keep more of their money. As a leader and innovator in financial services, Questrade is a trusted ally advocating on behalf of consumers, focused on enhancing value. With 21 years of challenging the status quo as Canada’s leading non-bank online brokerage, over $30 billion in assets under administration and over 250,000 accounts opened each year, Questrade and its companies provide financial products and services: transferable securities and investments in foreign currencies. For more information, visit www.questrade.com or on Facebook and Twitter @Questrade. Questrade, Inc. is a Registered Investment Dealer, Member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member of the Canadian Investor Protection Fund (CIPF).
About Questrade Wealth Management, Inc.
Questrade Wealth Management Inc. (“QWM”) provides professional portfolio management services through Questwealth Portfolios (www.questrade.com/questwealth-portfolios). QWM is an exempt market dealer, investment fund manager and portfolio manager. QWM is a wholly owned subsidiary of Questrade Financial Group Inc.
¹ MoneySense Magazine, 2021
For more information contact:
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www.betterruncompanies.ca
For more information, visuals, or to arrange an interview or broadcast segment with Questrade President and CEO, Edward Kholodenko or Chief Marketing Officer, Rob Shields, contact Susan Willemsen of The Siren Group Inc. Tel : 416-461-1567 or M: 416-402 -4880. E-mail: [email protected]www.thesirengroup.com and @thesirengroup.
