Who We Are
We have a combined 40 years of experience as business owners and for over 30 years our team has helped entrepreneurs protect their wealth and build better futures.
We’re a small firm and we’ve chosen to stay this way. We have deliberately narrowed and focused our business because we believe our unique expertise provides exceptional value to our clients. While one-stop-shopping makes sense in many instances, it doesn’t for advanced wealth planning. Size does not correlate to stability nor competency. Instead we take a business and family-oriented approach to keeping our clients satisfied.
Founding President, MFA
The Richards family has a long history of entrepreneurship in the London area. Peter’s grandfather started that legacy and Peter has grown up understanding both the advantages and challenges of business ownership, and what the impact can be on a family.
It was fitting that Peter evolve into a role of providing financial advisory services to other business owners as he can truly appreciate the demands and planning that it takes to grow a business and to carefully grow and protect capital.
But not all of Peter’s lessons came from business. Peter is very active in community charitable undertakings; he sees and understands the impact that wealth can have on families, on communities and the business community. He’s also seen how careful planning and coordination serve to create better results when putting capital to good use.
Similarly, when Peter was competing at a national level in tennis, he saw how important strategy, consistent training, and practice were to creating results. Peter believes that hard work always has the advantage over natural talent and he applies this philosophy in his work, raising his three sons, and the children he coaches in community sports.
Peter earned a BA in Economics and Law from Carleton University in 1985. In 1987, he became the Director of Sales and Marketing at Strathroy Foods, and then later went on to form Food Alliance, a private label food distribution specialist with offices in London and Toronto."I've experienced 3 generations of family business where optimal wealth planning services were overlooked. This propelled me to structure a new model that would help secure the future wealth of our clients."