Richardson GMP announced the appointment of Winthrop H. Smith, Jr. to chairman of the company’s board of directors.

Richardson GMP CEO Andrew Marsh joins returning board members Kevin Sullivan, deputy chairman, GMP Capital Inc. and Sandy Riley, president and CEO Richardson Financial Group. Also returning to the Board are Mark Begg and Robert Panes who are both investment advisors at Richardson GMP.

“We continue to build our vision of being the firm of choice for successful families and entrepreneurs by attracting Canada’s premier advisors,” said Win Smith, chairman, Richardson GMP. “The presence of advisors on the board is synonymous with the company’s partnership culture and underscores the importance in providing advisors with a voice in the direction of the firm.”

From 1974 to 2002, Smith has held various senior management positions at Merrill Lynch & Co. His current directorships include Eaton Vance Corporation, AGF Management Ltd., Richardson Financial Group and Summit Ventures NE, LLC (Sugarbush).

“By arming our advisors with the best resources and technology to provide exclusive investment solutions and the autonomy to make decisions in the best interest of their individual clients, we are poised to continue to build on our growth and momentum in the coming year,” said Andrew Marsh, CEO, Richardson GMP.