Board of Directors Member
Philip Armstrong has spent over 45 years in the financial service industry starting his career with Lloyds Bank in the United Kingdom. He emigrated to Canada in 1975 and since worked as a senior executive for two Canadian Trust companies. In 1987, he became an investor, partner, CEO and member of the board of Altamira Investment Services Inc., an investment company with $15 billion of assets under management. Altamira was sold to National Bank in 2000. In 2003 he was a founder, CEO, and board member of Jovian Capital Corporation, a public company that invested in the asset and wealth management sectors. Jovian grew to oversee $13 billion in client assets and was sold to IA Insurance in 2013. He currently serves on the boards of Torrent Capital, Smart Employee Benefits and Lithium Energi Exploration Inc., all public companies. He is the Chair of Richardson GMP Family Office Oversight Committee. He is also a director of several other private companies. He has served as Chairman of the Investment Funds Institute of Canada and The Mutual Fund Dealer's Association, an SRO. In addition, he served on the board of the Ireland Fund of Canada and the Canadian Opera Company. He holds a BA (Law) Hons. from the School of Law at Manchester Polytechnic, UK.