Nicola Wealth Announces Major Leadership Transition

Founder John Nicola to step down as CEO by end of 2025, passing the torch to his son Christopher Nicola.

John Nicola will transition from CEO to Executive Chair of the Board by the end of 2025.
Christopher Nicola, currently Chief Strategy Officer, has been appointed President and will become CEO in January 2026.
David Sung moves to Executive Vice Chair of the Board and President of Institutional, while Bijal Patel is named Chief Investment Officer.
Vanessa Flockton takes on the role of President of Private Wealth, and Jamie Duncan will shift focus to expand the firm's philanthropy platform.
Nicola Wealth remains committed to its independent legacy, managing over $16.1 billion in assets and nurturing a strong culture of philanthropy.