Ten years ago we took action on a shared belief that the relationship of trust in our industry was broken. We believed that Canada’s wealth management industry could benefit from an investment-led company focused on making decisions in the best interests of our investors.

Looking back over the last decade, we’re pleased with what we’ve accomplished.

A portfolio of strong businesses

We’ve built a well-diversified and concentrated portfolio of businesses that represent our best ideas. We feel strongly that these companies are well positioned to grow wealth for our shareholders over the long-term.

Launch of EdgePoint Wealth Management

We are quickly approaching the 10-year anniversary of the launch of EdgePoint Wealth Management, Cymbria’s largest holding. When we started EdgePoint, we shared a belief that to be successful we should define success differently than our competitors.Right from the start, we made a commitment to:

1. focus on long-term investment performance,

2. develop meaningful relationships with our investment partners and

3. build a strong culture.

Let’s review our progress against these objectives.

Our first objective was to deliver top-quartile performance over a 10-year time horizon. We chose 10 years because if we could achieve this goal it would represent a long-enough horizon that one could conclude we were, in fact, skilled investors. Although we are a couple of weeks away from November 17th, which is the 10-year anniversary of EdgePoint, as at today, our almost 10-year performance across all of our Portfolios (Series F) ranks in the top quartile relative to our peer groupi. We are very pleased with these results and will now turn our attention to the next 10-year period.

Our second objective was to develop meaningful relationships with our investment partners. By focusing on a specific subset of the advisor community and not trying to be all things to all people, we believe we have made excellent progress toward this objective. There are over 95,000 financial advisors in Canadaii and 1,256 of them represent roughly 82% of EdgePoint’s retail assetsiii. We truly believe that these advisors would say they feel “connected” to what is happening at EdgePoint.

Finally, culture is very important at EdgePoint, as we constantly strive to maintain an environment where each internal partner thinks and acts like an owner.With about 70 internal partner equity holders of our private business, we have never seen a more committed group of individuals all working passionately toward the same goals.

We are pleased with our progress towards our objectives through the first 10 years, and we look forward to approaching the next 10 years with equal commitment, dedication and passion.

We thank you for your trust. We work hard every day to be worthy of it.

We shot this video a long time ago – we may not look as young anymore – but our commitment to putting our investors’ interests first will never get old. Happy viewing!