On November 23rd, 2017, SEAMARK was presented with UNB’s 2017 Certificate of Appreciation at the University’s 30th Annual Business Awards Dinner. The Certificate was accepted on SEAMARK’s behalf by our CEO, Bob McKim, who shared our story with members of the audience and remarked that “SEAMARK has truly enjoyed its involvement with the students at UNB. We hope to continue our association in the future”.
Nearly ten years ago, SEAMARK partnered with the University of New Brunswick’s Student Investment Fund (SIF) as a way to give back to the industry and help mentor students passionate about the world of investments. As part of the effort, SEAMARK was appointed to manage a portion of endowment monies. Over the course of the six years, the capital has more than doubled, exceeding its benchmark by some 200 basis points per annum.
Throughout the relationship, members of our investment team have provided support to SIF students in many ways including preparation for valuation competitions, marking assignments, guest lecturers and both our CEO, Bob McKim and President, Don Wishart, each served as Executive in Residence for the Centre of Financial Studies. Additionally, our last hire is a SIF alumnus.
Thank you, UNB!
June 28, 2019 - SEAMARK is pleased to announce that its performance composites as at December 31, 2018 have now been verified by its independent auditor. The GIPS standards serve as the guidelines that investment managers should follow when reporting performance to prospective clients. The GIPS standards benefit two main groups: investment management firms, and asset owners (investing or prospective clients, along with the investment consultants whose job is to evaluate, supervise, hire, and dismiss investment management firms on behalf of those clients). By choosing to comply with the GIPS standards, investment management firms assure prospective clients that the historical “track record” they report is both complete and fairly presented. Compliance enables the GIPS-compliant firm to participate in competitive bids against other compliant firms throughout the world. Prospective clients have a greater level of confidence in the integrity of performance presentations as well as the general practices of a compliant firm and can more easily compare performance presentations across different investment management firms globally.
SEAMARK has created a novel approach to the management of Group RRSPs, an offering that we believe is superior in the marketplace. The SEAMARK innovation combines the technological efficiency of online on-boarding, with the Fiduciary Duty that SEAMARK regularly assumes on behalf of each of its high net worth and institutional clients. Introducing the role of a fiduciary into the investment affairs of the individual GRRSP member is a huge step forward in the delivery of productive investment outcomes for employees.
Please contact Don Wishart at 902-423-9367 or [email protected] for more information.