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A message from our CEO: "Change is the only constant"

2 min read
Dean Proctor, Chief Executive Officer18 Jan 2024

You’ve probably heard these words many times before, and while it was first observed by Greek philosopher Heraclitus over 2,500 years ago, the words still ring true today. And in just a few years we’ve seen a huge amount of change. Whether that’s in technology through the proliferation of AI or the scars left by the COVID-19 pandemic, there has been a lot of change in a very short period.

For some, change can understandably be unsettling but it can also be incredibly positive. At 7IM, we see change as positive. We have been constantly adapting and changing to support our clients’ and partners’ evolving needs.

But today represents one of the more momentous changes in our history. After two decades of growth, from a challenger brand to an established name, I’m delighted to announce that Ontario Teachers’ Pension Plan Board has today completed its acquisition to become the majority shareholder in 7IM.

We have worked hard to find the best possible investor, and importantly, one that shares in our culture, values and commitment to clients – and in this regard, Ontario Teachers’ is a perfect fit for us. I personally couldn’t be more excited to work with Ontario Teachers’, which has the scale, capabilities and deep understanding of us to support us in the next chapter of 7IM’s growth story.

In particular, Ontario Teachers’ investment will allow us to accelerate our strategic growth plans, which will focus on a blend of organic growth and selective mergers and acquisitions activity to cement our position as one of the leading names in the wealth and investment management sector.

While we may have ambitious growth plans, what doesn’t change is our ongoing commitment to enhance our core capabilities and services for our investors and clients. We remain dedicated to innovating and developing our award-winning proprietary platform technology, multi-asset investment management capabilities, and advisory credentials tailored specifically for UK financial advisers and private wealth clients.

We wouldn’t be where we are today without the support of all our clients, partners and colleagues, and I’d like to close by extending a sincere and heartfelt thank you to everyone who has stood by us throughout the years. In return, irrespective of the challenges and changes that the future may hold, you can be assured that 7IM will always stand alongside you to deliver on our purpose of succeeding together to drive us all forward to a better future. That’s why we remain more committed than ever to delivering an unrivalled experience to all our clients, partners and colleagues.

Thank you,

Dean

#succeedingtogether

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