Nour Private Wealth Taps Industry Veteran for Institutional Growth

TORONTO, ON – March 16, 2026 – Nour Private Wealth (NPW), an independent Canadian wealth management firm, has announced a significant strategic move by appointing Scott MacKenzie, a distinguished financial services executive, to its Independent Advisory Board. The appointment, effective February 2, 2026, signals the firm's aggressive push to solidify its position as a dominant player in the ultra-high-net-worth (UHNW) and institutional client space.

This move is more than a routine board appointment; it is a clear statement of intent. As NPW navigates a transformative growth phase, bringing in an industry heavyweight like MacKenzie is designed to accelerate its evolution from a boutique practice into an institutional-grade powerhouse. The firm is betting that his deep expertise in operational infrastructure, technology, and governance will be the critical catalyst for its ambitious expansion plans.

A Strategic Play for the UHNW Market

The timing of MacKenzie's appointment is pivotal. Nour Private Wealth has recently undertaken a series of strategic initiatives aimed at broadening its service offerings for its sophisticated clientele. The firm has expanded its multi-family office platform, ventured into investment fund management with the launch of Nour Private Management (NPM), and completed the strategic acquisition of Goodwood, an established alternative asset manager.

These moves place NPW in a fiercely competitive arena, vying for the assets of Canada's wealthiest families and institutions against the country's large, bank-owned wealth managers and established independent firms. To succeed, operational excellence and institutional credibility are not just advantages; they are prerequisites. By appointing MacKenzie, NPW is deliberately building a leadership framework that reflects the discipline and long-term vision expected by this discerning client segment.

"The appointment of Scott MacKenzie to our Independent Advisory Board represents an important milestone in the continued evolution of Nour Private Wealth," said Elie Nour, Founder and Chief Executive Officer of Nour Private Wealth. "Scott is one of the most respected leaders in Canadian financial services and brings a unique combination of institutional experience, strategic insight, and industry perspective."

Nour emphasized the strategic value of this addition as the firm scales its operations. "As we continue to expand our multi family office platform, strengthen our investment capabilities, and serve an increasingly sophisticated client base, Scott's guidance as a member of our Advisory Board will support our long-term vision of building a disciplined and enduring institution designed to serve families across generations."

The Veteran's Edge: Tapping Institutional Expertise

Scott MacKenzie's resume reads like a blueprint for building and scaling financial infrastructure. He previously served as President of Fidelity Clearing Canada (FCC), a division of Fidelity Investments Canada. In that role, he was at the helm of one of the nation's foremost providers of custody, clearing, and advisor technology solutions, overseeing a business with combined assets under administration and management exceeding CA$350 billion.

His leadership at FCC was instrumental in positioning the company as a strategic partner to many of Canada's leading independent wealth management firms—the very same ecosystem in which Nour Private Wealth operates. Before his presidency, he was Senior Vice President of Business Development at FCC, where he was a key driver of the firm's market expansion. His experience is not limited to Fidelity; he also spent nearly a decade at Broadridge Financial Solutions, where he contributed to the development of capital markets infrastructure for both bank-owned and independent dealers.

This extensive background in the a-rchitecture of wealth management—clearing, custody, trade settlement, and advisor technology—provides him with a unique and granular understanding of the operational complexities that growth-oriented firms face. Beyond his corporate leadership, MacKenzie is also the Board Chair of Prosper Canada, a national charity focused on financial empowerment, demonstrating a commitment to governance and community impact.

Building an Institutional-Grade Framework

MacKenzie's mandate at Nour Private Wealth is clear: to help fortify the firm's foundations for its next stage of growth. His appointment is specifically designed to elevate governance standards to institutional benchmarks, ensuring NPW can scale its operations across both public and private markets without compromising on quality or compliance.

One of his key focus areas will be accelerating innovation and technology adoption. In an industry where digital transformation is paramount, his leadership in advancing technology within capital markets infrastructure will be invaluable. This includes strengthening the investment and operational frameworks that are critical for a firm that has recently integrated an alternative asset manager like Goodwood and is managing its own investment funds through NPM.

The complexities of clearing and custody are often the unseen hurdles that can impede a wealth manager's growth. MacKenzie's profound experience in this domain will help NPW navigate these challenges, ensuring a seamless and secure experience for clients and advisors. His guidance is expected to support a disciplined and sustainable expansion, informed by his experience growing complex financial services organizations across both Canadian and U.S. markets.

Navigating an Evolving Wealth Landscape

The Canadian wealth management industry is in a state of flux. Client demands are shifting, with UHNW families increasingly seeking holistic, integrated solutions that go beyond traditional portfolio management to include complex estate planning, tax strategies, and access to alternative investments. At the same time, technological advancements and a changing regulatory environment are putting pressure on firms to adapt or risk being left behind.

In this context, independent firms like Nour Private Wealth are making strategic hires to infuse their organizations with the institutional-grade expertise needed to compete. MacKenzie's appointment is a prime example of this trend, demonstrating a commitment to building a durable institution capable of long-term stewardship.

Reflecting on his new role, MacKenzie commented on the firm's trajectory and the broader industry trends. "I have had the privilege of observing the development of Nour Private Wealth over many years. Elie Nour and his team have built a firm that combines the focus and dedication of a boutique practice with the ambition and infrastructure required to support long-term growth," he stated.

"I am pleased to join the Firm's Independent Advisory Board at this important stage of its evolution. The wealth management industry continues to evolve rapidly, and firms that combine independent thinking, disciplined leadership, and a strong commitment to client stewardship will help define the future of the industry."