Canadian financial services legend George Frazer passed away on February 6 at age 86.

Frazer was chairman of the board of Jovian subsidiary Leon Frazer & Associates.

Shortly after WWII, Frazer joined his father’s firm. He spent nearly seven decades aiding clients, with a focus on solid companies that sustained and increased their dividends over time.

Frazer assumed the role of chairman of Leon Frazer after his father’s passing, and grew his team from five counselors to 35 employees over his career. The company managed $2.1 billion in assets under management.

Frazer also co-founded the Investment Counsel Association of Canada (now Portfolio Management Association of Canada) in 1952. He was bestowed the 2006 Career Achievement Award at the Canadian Investment Awards for his work.