Winnipeg Free Press

Winnipeg Free Press (Newspaper) - March 21, 1996, Winnipeg, Manitoba Is but business you can have this much Lor for financial planning advice and your free Book Call Doug Haines 24 hour message line 9469582 investors group financial services firm caters to the needs of the Rich Loring Ward is arguably the least fastest growing company in win it holds that distinction for a Good reason in order to become a customer of this Bou Tique financial management one needs to have at least to plunk that will get you into the com pants exclusive Optima strategy Mutual but it takes a minimum of to take advantage of the nine year old company Pri vate client wealth manage ment product that integrates customers tax estate planning and corporate finance work if necessary with Loring wards successful investment management in these Days of retail Finan Cia services Lor ing Ward has taken the High we keep trying to move More said Marty Weinberg the company 35yearold president and major while exclusivity is the Loring Ward is in the process of acquiring regional distribution while creating a Money management Power House in Winnipeg that Wein Berg Hopes will handle about billion in three when i first started there was no product or service for the larger he said from the company Winnipeg head office that now numbers 50 i Felt there was a glaring Hole in the Mutual funds Are but for people with More than they have to go to their accountants and Finan Cial advisers and then execute a the company has twice been recognized As one of the top 50 managed private companies in Veinberg said one of the reasons he is glad to stay in Winnipeg is that he is Able to attract some of the Best and brightest their management team is it is definitely among the top 25th percentile in the Martin Cash said Long time Loring Ward Ron Craven from the Canadian Imperial Bank of the Loring Ward name comes from Weinberg father who registered it for an actuarial consulting business he was plan Ning but never launched because of his untimely death in a car Accident at age 37 almost 30 years my Mother kept renewing the said Weinberg who was six when his father in very proud to use the Richard a Winnipeg lawyer who has worked on some of Loring wards recent expansion deals part of what Loring Ward offers is the Capac Ity to Deal with issues like estate and tax from a lawyers Point of they offer our clients a on Estop in his first year in Weinberg attracted accounts Worth that was in six years later Loring Ward acquired the Optima strategy last year it created a new Parent company called Assante capital management and through a share merged with Toronto based retail Finan Cial services Quion holdings by it will close a Deal to acquire Brightside financial now the Optima strategy funds manage million and Loring wards private client business manages another along with the addition of Quion and the group has accounts Worth close to billion and employs 400 people in Manitoba and one of the guiding principles of the company is change before you have that what prompted the and its magic Gallant Winnipeg free press Weinberg has managed to plug what he Calls a glaring Hole in the financial services whats motivating the company top notch management team of and chartered financial planners to move the company into the business of managing the growing Transfer of inter generational wealth As Well As the company is working on the acquisition of no less than three other distribution we give the distributor some thing exclusive or Semie Clu Sive and the client gets something they cant get in the Public said executive Vic president of Lor ing Loring Ward customers also get exclusive International investment advice from London based credit suisse and mrs asset management group and Dreman value advisers both of new Glen Wellman managing director of credit suisse investment management out of responsible for managing about Bil one of the factors that attracted us to Loring Ward was that the wealth manage ment business typically has a longer term horizon and is much More one member of the Winnipeg financial services Industry when you talk to ask him when he is planning to launch his International pres because 1 bet he has a Date lined that would be in july when Ward will launch a group of International Mutual funds out of Martin costs column on the Winnipeg business scene appears every thursday in the free press business if you would like to Contact him please Call award a major achievement a Winner thrilled with experience by Paul Mckie business reporter Wayne flite Toms Dae Nanck values skills she received in Junior Shes not going into business Selling int her game but Debbie Daen Inck still would it Trade her Junior achievement experience for i love the said Daen a Grade 12 student at Bruns Daen Inck was one of More than 50 winners at the Junior achieve ment of Manitoba awards ceremony last night at fort Garry More than 250 people attended last nights which recognized the achievements of a business Daen Inck knew in Advance of the awards banquet that she had won the award for Vic president of human resources for the to be eligible for the award she had to write an exam and gain 80 per cent or More to go to the inter View Daen Inck was the Only one in the category to pass the exam and so was awarded the Honor for human she said she was Happy she won the human resources award because of the fun and Challenge of working with people at it All depends on who youre with and How you work she said of the human resources challenges of the Daen Inck was part of a 14member company that made two products a fabric based can dle Centrepiece and Finger but it want the products so much As the said she said As human resources up she was responsible for ensuring attendance at meetings four Mem Bers of it Centrik received 100 per cent attendance awards and keep ing up i took the time to know them a Little she Daen Inck became involved with a because she heard Good things about it from i wanted to gain a bit of Busi Ness experience so it would help me in the she while a Enicks goals after graduation Are to attend University of Winnipeg in arts and then social work at University of Mani she believes the Jaback ground has been you keep your choices its really valuable having the expert commented some Junior achievement award winners last night were achiever and Junior achiever awards Alana Anderson Jennifer Whitehead Jasmin Havard Lawrence Jackson Traval vats a Nicole Theriault Kerryann Chen Bev Maddy Junior executive award Luisa Alarcon Tracy Yee salesperson of Heywar Jennifer Whitehead Jonathan Butchard Luisa Alarcon Vic president of administration of the year Jonathan Butchard Vic president of human resources of the year Debbie Daen Inck Vic president of production of the year Reetika Singh Vic president of marketing of the year Matthew Crowe Vic president of finance of the year Kristin de Koning president of the year Jasmin Havard Banjac travel award Luisa Alarcon Tifany Hon Chris Slusarchuk achiever of the year Luisa Alarcon highest unit sales Xee Trik highest Dollar sales Bottom line Esso team work award Bottom line Golden Hammer award unique creations Best shareholder report award Bottom line outstanding advisor team award Tim Canada Safeway Ryan Canada Safeway latter Burns meats Bob Burns meats company of the year award flickers Battle on for Hopper cars by Dan Lett National reporter Ottawa the bid Ding War has officially begun Between farm ers and the railways for Ottawa Hopper transport minister David Anderson announced yester Day he will accept bids for the Federal governments Hopper cars As Early As Farmers want the cars so they can have some control Over How cars Are said Craig key Stone agricultural producers general farm groups As diverse As the National Farmers and Western Canad an wheat growers association have been meeting in recent months to devise a plan for the Douglas said it will now be up to the groups to arrive at a announcement officially starts the bidding Farmers would pay for the cars through a checkoff on their Grain a charge of per tonne would raise about the cars Are estimated to be Worth in response to a query in question period Anderson noted that he is beginning immediately consultations with financial advisers to determine the Best terms and conditions for the Sale of the Anderson told the com Mons that following these he will then con sult with finance minister Paul agricultural minister Ralph Goodale and the various stakeholders shippers and the railways before setting the terms for the by they will accept bids on the preferred option with the Sale scheduled for this the Sale of the Hopper which was confirmed in last months will fulfil a Federal government Promise to end Ottawa direct involvement in the operation of the railway sys Trade openings sought by Martin Cash business reporter research has shown that 58 per cent of Canadian companies in the Export Market got started after receiving unsolicited about 50 Manitoba companies from the service sector tried to take Fate into their own hands by discussing opportunities with business development offi cers from seven Canadian consulates and embassies from around the Daria Makota is one of that 58 per in she was working in a chartered accounting office finishing her certified general accountants course when she got the Opportunity to go to new she has since done sever Al projects along with the series of training and distance Edu cation courses she delivers in Man new zealand called out of the Blue two years after 1 had she in Here now to put myself in a better position to take advantage of the next opportune yesterdays Opportunity for one none meetings with Trade offi cers from the consulates is part of the Federal governments Effort to get More Canadian businesses involved in International ;