The firm has set the goal of hitting C$50 billion in assets under administration by the end of 2026, up from around C$35 billion now.

Wellington-Altus, a Canada-headquartered wealth management firm, is recruiting for three newly-formed leadership roles as it positions for growth.

The roles are executive president, national manager, EVP, corporate development, and head, private counsel. Besides the three leadership roles, Wellington-Altus also wants to hire for 19 other positions, the firm, headquartered in Winnipeg, Manitoba, said in a statement yesterday. 

"The demand for joining our firm means we need additional seats at the leadership table, both to guide the recruitment of new advisory teams and to help support teams when they onboard,” Shaun Hauser (pictured), founder and CEO of Wellington-Altus, said.

Shaun Hauser

The EVP national manager role oversees relationships with investment advisors. The corporate development role oversees recruitment across Canada, and the private counsel will take charge of private counsil business operations in Canada.

Formed in 2017, and interviewed by Family Wealth Report here, Wellington-Altus has more than C$35 billion ($25.2 billion) in assets under administration, nearly 900 employees and 110 advisor teams. The firm, which plans to reach C$50 billion by the end of 2026, received C$40 million in a second-round growth equity investment from Salt Lake City-based private equity firm The Cynosure Group in December 2023. Cynosure previously invested in Wellington-Altus in 2021.

In January, the firm created the new post of chief experience officer, to be held by Steph Condra.