By Cora Pettipas
Consensus is overrated. Our industry is populated with brilliant, independent minded individuals, which means that not everyone always agrees. This is fine, as variety is the ‘spice of life,’ and in our industry’s case: the ‘spice’ of investment diversity… It also makes our meetings much more interesting.
One thing that seems to be of industry consensus is that NEMA has been invaluable at bringing credibility to the space, a source of information on what is happening, and is a necessity for the future of the exempt market.
We heartily appreciate all these kind sentiments, and will continue to work tirelessly and passionately on the industry’s behalf. However, this is a small industry and despite all that we accomplish, NEMA is a very small association. This is a critical time for our space, full of growth, investor interest and best practise building. We need the support of everyone in industry to do the best work we can to support all these elements.
It is important to deliver what you promise. Just as we were told as kids: ‘actions speak louder than words;’ your actions create your credibility. At NEMA we value action. We implore you that if you are in this space, you become a member, and help us build this important industry - that is needed for investors and members alike. Dealing Representatives can get Membership for $250 per annum, and attain benefits like a no-annual-fee Olympia account and access to our first rate E&O program. Corporations like Issuers and EMDs can attain membership for the cost of $100 a month.
Part of NEMA’s action (and that our fantastic members) is this publication. It is the heart and soul of our market, and our communication channel of the trends, best practises and other relevant industry information. We are very proud of this magazine, as it is written by our members. We also hear from members all the time how important it is, so we are committed to continuing to deliver quality information. We hope you enjoy this publication, which features experts David Kaufman, Colin Ritchie, Devon Cranson, and many more.
To our current members, we thank you. Without your support we would not be as strong, or have accomplished as much, as we have in these past five years. Please keep reaching out with your ideas and let your actions show how important our space really is to the Canadian capital market by your positive examples, as NEMA is the voice of the exempt market.
Cora Pettipas CFP, FCSI, M.Sc., FMA, CIM, DBA (Candidate) is currently the Vice President and a Board of Director of the National Exempt Market Association (NEMA) in Canada. Cora is also the editor of Exempt Edge Magazine, the Canadian industry trade publication on the exempt market/private equity. She is also currently representing Canada on the editorial team of Financial Planet as well as the Education Working Group for international education initiatives for the Financial Planners Standards Board and a policy ambassador for the Financial Planners Standards Council. She holds a Bachelor’s degree from McGill University, a Master’s Degree (Finance) from Swiss Management Center University and is currently a Doctoral candidate in Finance there as well. Cora has had tenures with several financial institutions in the capacity of financial advisor, wealth management, investor services, retail banking, and financial planning. Her most recent previous position was as a Professor at Mount Royal University, where she taught Finance and Financial Planning. She has published and presented her work internationally. Cora is also the founder and Co-Owner of Melodic Twilight, a successful business venture which is internet based and sells in over 20 countries.