Questrade named one of Canada’s Best Managed Companies for
– Online brokerage reaches milestone with respected Platinum Club distinction for sustained growth and business performance during the pandemic year –
TORONTO, May 19, 2021 (GLOBE NEWSWIRE) – Questrade (www.questrade.com) – The fastest growing online brokerage firm in Canada; and also the # 1 self-managed brokerage firm ranked # 1 in investor satisfaction by JD Power ¹ – received the prestigious Best Managed Company in Canada award (www.best managed businesses.ca) designation for the tenth year, once again retaining its Platinum Club status. The Best Managed Companies in Canada Awards, presented by Deloitte, recognize Canadian companies that have demonstrated outstanding leadership and CEOs who galvanized their teams to achieve measurable success in an exceptionally long year hard.
To qualify for Deloitte’s list, private companies must demonstrate leadership on several key fronts: purpose and strategy, culture and commitment, capacity and innovation, and governance and finance. Companies attribute their success during a turbulent year to a clearly defined organizational goal, fostering a remote working environment and a clear focus on employee well-being, which has led them to overcome some of today’s most pressing challenges and stay competitive on the global stage. . As Canada rebuilds itself from the pandemic, a new set of business challenges will inevitably present themselves in a new world and as a best-run company, Questrade has demonstrated that it can both overcome obstacles and shape the new. future of the country.
“It has been an unprecedented year of both adaptation and growth,” said Edward Kholodenko, President and CEO of Questrade. Our common business vision, our continued investment in the best technology and our focus on our very committed team. Ultimately, this is part of our mission to help Canadians become more prosperous and more financially secure.
Best in class for a decade
Each year, hundreds of Canadian businesses compete for this destination in a rigorous and independent process that assesses the caliber of their management capabilities and practices. Applicants are assessed by an independent jury made up of representatives of the program’s sponsors in addition to special guest judges. Best Managed Companies 2021 share some commonalities that include (but are not limited to) a clear and concise strategy, the ability to invest in R&D, proprietary tools and equipment, and a strong focus on social responsibility companies. Questrade remains among the best companies owned and managed by Canadians, demonstrating its investment in talent, technology and innovation in a competitive and stimulating environment.
“This year’s Best Managed Companies recipients are a shining example of the importance of leadership in the face of adversity,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies Program . “Using their unique purpose as the foundation of their organizational foundation, they were able to chart the course forward with courage and resilience. In a year like no other, these companies should be proud not only of this prestigious designation, but also of the continuing important role they play in the advancement and prosperity of Canada.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continue to be the hallmark of excellence for Canadian-owned and managed companies with sales of over $ 25 million. Each year since the program began in 1993, hundreds of entrepreneurial businesses have competed for this designation through a rigorous and independent process that assesses their skills and management practices. The awards are given at four levels: 1) new winner from Canada’s Best Managed Companies (new winners selected each year); 2) Best Managed Company in Canada Winner (award recipients who have re-applied and successfully retained their Best Managed Company designation for an additional two 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 have successfully retained their award for 4-6 consecutive years); 4) Platinum Club Member (winners who have maintained their Best Managed status for seven years or more). The program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business and TMX Group.
For more information, visit http://www.bestmanagedcompanies.ca.
Questrade (www.questrade.com) is Canada’s fastest growing and highest ranked online brokerage firm ² transforming the Canadian financial services industry by leveraging technology to reduce fees while providing a viable alternative to investment options traditional financial system, allowing Canadians to Keep more of their money. As a leader and innovator in financial services, Questrade is a trusted ally who advocates for consumers, focused on improving value. With 21 years of challenging the status quo as Canada’s leading non-bank online brokerage, over $ 25 billion in assets under administration and over 200,000 accounts opened each year, Questrade and its companies provide financial products and services: securities and investments in foreign currencies. For more information visit www.questrade.com or on Facebook and Twitter @Questrade. Questrade, Inc. is a registered securities 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 investment 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 Questrade received the highest score in JD Power’s 2020 Canada Self-Directed Investor Satisfaction Survey on Investor Satisfaction of Largest Self-Directed Companies in Canada. Visit jdpower.com/awards
² MoneySense 2019
For more information please contact:
Best Managed [email protected]
www.best managed businesses.ca
Media contact details:
For more information, visuals or to arrange an interview or broadcast segment with Questrade President and CEO Edward Kholodenko or COO Stephen Graham contact Susan Willemsen of The Siren Group Inc . Phone. : 416-461-1567 or M: 416-402 -4880. E-mail: [email protected], www.thesirengroup.com and @thesirengroup.