Sterling Wealth Management Limited, an affiliate of Sterling Global Financial with some US$9 billion in assets under management or administration, has appointed well-known Canadian wealth management advisor and high-level relationship executive Patrick Milot-Daignault as Managing Director. Mr. Milot-Daignault will be responsible for formulating business strategy to elevate the firm’s wealth management service platform.
Mr. Milot-Daignault has had a distinguished career having over 25 years of experience in wealth management. Most recently, he served on the senior executive team of one of the world’s leading financial institutions interfacing with large global asset managers and financial services institutions. Mr. Milot-Daignault is respected for a conservative investment and management philosophy that has guided him throughout his career in the retail, institutional and offshore investment management fields.
“Patrick brings a unique skillset to our business having worked all over the world and with a diverse group of clients,” said Stephen Tiller, President, Sterling Global Financial. “As financial products evolve and technological advances continue, what distinguishes a premier asset manager is the client experience. And we believe that Patrick who has, over a long and successful career acquired a solid understanding of management principles, will deliver to our clients an unparalleled experience.”
Mr. Milot-Daignault’s appointment to head up Sterling’s wealth management division is the latest in a pattern of deliberate, steady growth for the global firm headquartered in Nassau, Bahamas. The award-winning privately-held financial management powerhouse is capturing an expanding role as the funding option for numerous residential, resort and commercial real estate and development projects around the world. Sterling-managed funds are currently assisting with projects in London, Boston, Ireland, Grand Cayman, Miami and The Bahamas, among others. In The Bahamas, Sterling broke ground last month on its most ambitious development project to date, the $250 million Sterling Hurricane Hole development that includes construction of condominiums, prime harbourfront office space, dining, retail and renovation of an iconic marina.
Sterling is also set to announce a major project in Grand Cayman where its Cayman office maintains one of the oldest trust companies in the hemisphere.
Sterling Global Financial has won numerous awards for return on investment and security.