GMP
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 | | | About Us | | | | | | | | HISTORY
GMP Securities initial predecessor company, Griffiths McBurney & Partners, was founded in March 1995 with the vision of creating an energetic, entrepreneurial and independent investment dealer focused on serving corporate clients and institutional investors. GMP Securities has offered institutional sales, research and trading services to Canadian and U.S. clients since inception and also services European clients through its affiliate GMP Europe and Australian clients through its affiliate, GMP Australia. In 2011, GMP acquired Miller Tabak Roberts Securities, LLC (now known as GMP Securities, LLC), an institutional fixed income boutique specializing in high yield and distressed debt, convertible bonds, international bonds, investment grade debt and asset back securities. The firm remains in a same strong position as a dominant equity block trader in Canada. Today, GMP Securities is wholly owned by GMP Capital Inc. GMP Capital Inc. has a significant ownership interest in Richardson GMP Limited, which provides successful Canadian families and entrepreneurs access to exclusive and innovative wealth management and investment services delivered by some of Canada's finest independent investment professionals in 17 offices across Canada. CQI Capital Management LP is a Toronto-based asset management firm for high-net-worth individuals and institutional clients.
OFFICES
GMP Securities has offices in Toronto, Calgary, Montreal, New York, Connecticut, London, Perth and Sydney. GMP Securities covers an extensive list of U.S.-based clients through Griffiths McBurney Corp. and GMP Securities, LLC, European clients through GMP Europe and Australian clients through GMP Australia. | |
At GMP Securities, we believe that we have developed our expertise and reputation to a stage where we compete with both large bank-owned investment dealers and other specialized investment dealers. Our strengths include the following:
A UNIQUE ENTREPRENEURIAL CULTURE AND SET OF CORE VALUES
We have worked hard to establish and maintain a unique entrepreneurial culture and set of core values. Our founding philosophy was to create a client-oriented investment dealer, owned by its principals, who were prepared to invest their own capital in order to meet the needs of our clients. A fundamental consideration in our assessment of any new business initiative is: ''How will this make money for our clients?'' Our guiding principle has been to put the interests of our clients first in the belief that our own success will follow. Integrity, commitment to excellence, innovation, aggressiveness and teamwork have been the main values fostered in our entrepreneurial culture.
EFFECTIVE EXECUTION OF TRANSACTIONS
We place great importance upon our ability to execute large and complex transactions. We believe that, with the rapidly changing markets and the increasing size of institutional pools of capital, execution has become critical to success. We further believe that the ''idea generation'' model adopted by most smaller investment dealers in the past is no longer sufficient. Effective execution of investment banking mandates and block trading has become increasingly important to investors and issuers. The increasingly large pools of capital, together with the relative illiquidity of the Canadian equity markets, have required institutional investors to place greater emphasis on the ability of an investment dealer to execute or complete a trade or transaction. This trend has been evidenced by the increasing market share of the Top 10 block traders in Canada who are prepared to use their own capital to facilitate the execution of client orders.
FOCUS ON GROWTH COMPANIES
Our strategy is to focus on Canadian growth companies within specific industry sectors. We attempt to identify areas where strong intellectual capital and effective execution will allow us to compete most effectively. The small and mid-cap markets fit those criteria. We provide value-added research on small, mid- and large-cap companies in the seven industry sectors upon which we focus to ensure that we have a depth of knowledge of these industries. Our core focus is to identify specific companies with superior growth potential, develop strong relationships with these companies and assist them with their growth plans over the long term.