Press & Media

March 27, 2019

Questrade named one of Canada’s Best Managed Companies for eighth consecutive year maintaining its Platinum member status

Canada’s fastest growing online brokerage recognized for sustained growth and business performance


TORONTO, March 27, 2019 (GLOBE NEWSWIRE) -- Questrade Financial Group (www.questrade.com) has been named one of Canada's Best Managed Companies (www.bestmanagedcompanies.ca) for the eighth consecutive year, again reaching the prestigious Platinum Club distinction for 2019, recognizing the company for overall business performance and sustained growth.

2019 Best Managed Companies designation recognizes fearless leadership, relentless innovation, a culture of teamwork and a commitment to change with a dynamic business environment, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth. 

"We are very honoured to once again achieve the highest category of recognition with this esteemed award," commented Edward Kholodenko, president and CEO, Questrade.  “Our commitment to helping Canadians become more financially successful underpins all that we do, so it’s an honour to be recognized for our performance.”

“Best Managed Platinum winners have exceptional insights and knowledge into business management practices.  They are an inspiration and really take their game to a new level,” said Peter Brown, partner, Deloitte Private and co-leader, Canada’s Best Managed Companies program.

Since 1999, Questrade has been a pioneer in the financial services industry, using technology to create innovative products and services that help Canadians keep their costs down while maximizing their investment returns.  Today, Questrade is Canada's fastest growing online brokerage with over $9 billion in assets under management and more than 50,000 new accounts opened every year.

Questrade offers commission-free ETF purchases in all accounts and ultra-low fees for its managed Questwealth Portfolios of ETFs, creating alternatives to traditional higher-fee investment products while helping Canadians “Keep More of Their Money.”

The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business and TMX Group.  Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges.  2019 Best Managed Companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.

About Canada’s Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million.  Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices.  The awards are granted on four levels:  1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more).  Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.  For more information, visit www.bestmanagedcompanies.ca.

About Questrade, Inc.
Questrade (www.questrade.com) is Canada’s fastest growing online brokerage that is changing the Canadian financial services industry by leveraging technology to lower fees, and providing a viable alternative to traditional financial investment options, thereby allowing Canadians to “Keep More of their Money.”  As a leader and innovator in fintech, Questrade is a trusted ally that advocates for consumers, focused on improving value. 

With 19 years of challenging the status quo as Canada's leading, non-bank online brokerage, more than $9 billion in assets, account protection of up to $10 million and more than 50,000 accounts opened every year, Questrade and its companies provide financial products and services:  securities, foreign currency investment, and online wealth management.  For more information visit www.questrade.com or follow on Facebook and Twitter @Questrade.

Questrade, Inc. is a registered investment dealer, a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF).

About Questrade Wealth Management, Inc.
Questrade Wealth Management Inc. ("QWM") provides professional investment management services through Questwealth Portfolios (www.questrade.com/questwealth-portfolios).  QWM is an Exempt Market Dealer, Investment Fund Manager and Portfolio Manager.  QWM is a wholly owned subsidiary of Questrade Financial Group Inc.

For more information or to arrange an interview or in-studio segment with Questrade president and CEO, Edward Kholodenko please contact Susan Willemsen or Ruth Colapinto at The Siren Group Inc.  Email:  Susan@thesirengroup.com or ruth@thesirengroup.com. Tel.:  416-461-5270. Visit www.thesirengroup.com, and on FacebookTwitter and Instagram @thesirengroup.  For more information on Best Managed Companies, please contact bestmanagedcompanies@deloitte.cawww.bestmanagedcompanies.ca.