WaterStreet Family Wealth Counsel has added John Hamilton, Susan Van Der Hout and Michael Lee-Chin as advisers and ambassadors for the firm.
Hamilton (pictured) joins WaterStreet as executive vice president and brings 20 years of experience in business leadership, corporate development and corporate finance.
He works extensively in private equity and business advisory services for a select group of Canadian families to help maximise shareholder value through the various stages of business development and to execute profitable growth and liquidity events.
He has also served as president of a Canadian financial institution and vice president of finance for a Canadian bank.
"I am delighted to join WaterStreet to provide leadership to not only the firm itself, but to our new Corporate Advisory Services group – a group committed to helping the firm’s clients make wise decisions and execute plans with precision in the areas of business growth, acquisitions, divestitures, financing, and restructuring," says Hamilton.
"This builds on our multi-disciplinary service offering rather than being a change of direction," adds WaterStreet president and chief executive Tim Cestnick. "We are focused on being a centre of stability and influence for families, to help them grow and preserve their financial assets and family heritage. Many of the families we serve have created their wealth through private business ownership. When their biggest asset is the business, we absolutely must help them grow that asset, maximize its value, and diversify where appropriate – our clients have asked for this. John’s talents will help us do that better than ever."
Van Der Hout joins WaterStreet as director of family engagement. For over 25 years Van Der Hout has helped families and businesses resolve disputes by empowering them to explore alternatives. She is the founding president of the Family Firm Institute Ontario Chapter and past vice president of Women Entrepreneurs of Canada.
Also joining as an ambassador and stakeholder of WaterStreet, Lee-Chin is an entrepreneur who acquired and grew AIC to a peak of CAD15bn in assets under management and sold AIC’s retail investment fund business to Manulife Financial in September 2009. He owns many other business interests in various parts of the world, including the National Commercial Bank of Jamaica.