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Overview


RF Capital Group Inc. (RF Capital), formerly GMP Capital Inc., is a public company listed on the Toronto Stock Exchange (TSX) focused exclusively on growing its wealth management business, Richardson Wealth. The Company’s common and preferred shares trade on the TSX under the ticker symbols (TSX: RCG, RCG.PR.B). Richardson Wealth is one of Canada’s leading independent wealth management firms focused exclusively on providing strategic wealth advice and innovative holistic investment solutions customized for high-networth families or entrepreneurs.

History


Timeline

Present

  • October 13, GMP Capital announces commencement of substantial issuer bid (SIB).
  • October 6, GMP Capital shareholders approve change in Company name to RF Capital Group Inc. 
2020
  • December 6, GMP Capital completes sale of its capital markets business to Stifel Financial Corp. and intends to pursue significant opportunities in wealth management with a view to consolidate 100% of ownership in Richardson GMP under GMP.                                       
2019
  • September 26, GMP Capital completes its acquisition of FirstEnergy Capital Corp., an industry leader in the independent global energy sector providing financial advisory and investment services to a broad range of corporate clients and sophisticated investors worldwide.

2016
  • Richardson GMP's shareholders collectively negotiate changes to the shareholder liquidity process that was implemented in connection with the 2009 business combination transaction, moving from a calendar-driven to a consensus-driven liquidity process.

  • Richardson GMP acquires Macquarie Private Wealth Inc. (Canada) for $132 million, significantly expanding business scale, assets under administration and financial strength.
2013
  • GMP Capital Inc. issues 4.6 million cumulative 5-year, rate reset series B Preferred Shares, for aggregate gross proceeds to GMP Capital of $115 million, providing GMP Capital with perpetual, low cost capital; commences trading on the TSX, under the ticker "GMP.PR.B."

2011
  • Richardson GMP formed through the combination of GMP Private Client L.P. and Richardson Partners Financial Limited, creating one of Canada's pre-eminent, independent wealth management firms.


  • GMP Capital Trust converts to a Corporation (becoming GMP Capital Inc.); trades on the TSX under the ticker GMP.
2009
  • GMP Securities Europe LLP (GMP Europe) begins operations in London, England.
2006
  • GMP Private Client L.P., a private wealth management firm, begins operations.

  • GMP Capital Corp. converts to an income trust (becoming GMP Capital Trust); trades on the TSX under the ticker GMP.UN.
2005
  • Griffiths McBurney & Partners goes public in a $110,000,000 IPO (becomes GMP Capital Corp.); begins trading on the TSX under the ticker GMP.
2003
  • Griffiths McBurney & Partners was founded with the vision of creating an energetic, entrepreneurial and independent investment dealer focused on serving corporate clients and institutional investors.
1995