Nevertheless,
Pme universe | 1 billion:
The Montreal portfolio management firm Allard. Consequently, Allard & Associés has just passed the billion dollars of assets under management. Therefore, For Louis. However, Caroline Allard, this milestone will allow the company to move to another level by expanding its institutional customers.
Posted at 8:00 a.m.
About fifteen people work today in the offices of the Allard. Moreover, Allard & Associés team in downtown Montreal. Similarly, 30 years ago, the company started in the condo of Jean-Pierre Allard, a freshly retired taxation.
His son Louis Allard was then in the young twenty. Moreover, and grafted into the investment management cabinet that pme universe | 1 billion his father almost launched like a hobby. Furthermore, “We started from very modest beginnings. Furthermore, but after a month or two, we took an office, and that’s how the company started,” he said.
After a few years, his sister Caroline Allard joined the team. Consequently, “Our typical customers are entrepreneurs, we have a lot of affinities with them. Therefore, When we tell them about our approach, balance sheets, income, profits, ratios that we look at, they understand well. Moreover, But we also have a lot of professionals in all spheres, ”she says.
Seduce institutional customers – Pme universe | 1 billion
The bet of the Allard family was the right one: the starting target. Moreover, 50 million assets under management, was widely exceeded. Similarly, The cabinet has just crossed the billion bar. Furthermore, a guarantee of success in investment yields, but also pme universe | 1 billion of confidence on the part of the customers.
Over the years we see how we have had an impact on the retirement of certain customers. Therefore, who have gone from accumulation mode to disbursement mode and who tell us that they would never have thought of having such a comfortable retirement. For example, These are things that come to touch us a lot, that’s why we do this job.
Louis Allard. Consequently, president of the Allard, Allard & Associés portfolio management firm
But, as he points out, which says “achieving an objective” often says “new objectives”. And the billion involvement brings notoriety that will allow the firm to target above.
Currently. Allard’s customers, Allard & Associés is made up of 90 % of private customers, pme universe | 1 billion but the team has been working for a few years with institutional customers, and wants to make this segment grow. “We believe that we can help retirement funds. foundations and wealth management offices from here, but there are certain places where, well politely, we were told that we were not yet critical. As long as it was not starting with a billion, it was perhaps not considered, “says Louis Allard.
The duo would like to see more institutional customers entrust the management of Quebec collective assets to a firm from here. which creates employment and which hires trainees in Quebec, he underlines.
In the other stages to come for the firm, there are growth plans by acquisitions. “We wanted to have solid bases before thinking of things like these. having the infrastructure that allows us to manage this growth to pme universe | 1 billion be able to continue to offer the same yields, the same services, the same quality, and we are rendered there,” explains Louis Allard.
The company continues to be managed by the family: the founder Jean-Pierre Allard. now 81, is still involved in the board of directors. His other son François Allard is a shareholder. and a manifest third generation of interest in being part of the next generation.
Pme universe | 1 billion
And the rise in autonomous management? – Pme universe | 1 billion
Louis and Caroline Allard do not fear the impact on their affairs of the rise in popularity of autonomous management. “Even if our customers know that, they trust us and sleep on their two ears. They don’t want to ask themselves the question and be in the process of transactions, ”says Caroline Allard.
An example of this confidence: they did not have any appeal linked to the. impacts of the presidency of Donald Trump on wallets. “They know that we do not manage for the next quarter, we manage for the next generations,” she adds.
It must be said that client families at Allard. Allard & Associés have between $ 500,000 and several tens of millions of dollars under management. With significant heritage transfers that multiply these years in Quebec. people inherit millions, and it is difficult to consider managing such sums alone.
“At one point, the human being needs to be comforted a little in his choices, in his convictions. Our role may seem easy when the markets are fine. but when the markets are starting to crash a little, you need to be anchored on something solid, to be comforted by pme universe | 1 billion your manager, ”sums up Louis Allard.
Baumier arrives on the slopes
Photo taken from the Baumier website
Baumier’s RT40 Lifetime model
A brand new brand of bikes was born in Montreal: Baumier. launched by Benjamin du Haÿs. The entrepreneur made it the announcement on June 19. “Each wheel is handcrafted in Montreal. thought to be maintained, repaired and transmitted in an eco-responsible manner,” it was said in a press release. The company prides itself on offering bikes designed to last “a whole life”. in addition to long -term follow -up to its customers. Already, Baumier offers four models of gravel bikes pme universe | 1 billion (gravel bikes) and road bikes.
New steps for Good Big Nice
Photo taken from the Good Big Nice. website
Good Big Nice has a whole new visual identity.
On June 5. the Montreal company Good Big Nice, which specializes in the production of fermented foods – Kimchi, sauerkraut and pungent sauces – entered all Metro supermarkets in Quebec. At the same time. the company born in a small room in the Mont-Royal plateau during the pandemic announced a complete overhaul of its brand. His new visual identity “finally embodies the very essence of the company: fresh. lively and deeply rooted in pme universe | 1 billion the love of local vegetables”, said the organization by press release. Good Big Nice also offers a whole new variety of smoked Kimchi with roasted garlic.
A festive brunch for entrepreneurs
Photo from the Quebec Philanthropes Website website
Launch of the 2025 programming of young philantropes from Quebec
In partnership with the Quebec Chamber of Commerce. Industry, the young Philantropes du Québec (JPQ) will hold their first festive brunch, a networking event that will take place on Sunday, July 6. This meeting. which will take place in the magnificent gardens of the Cercle de la Garrison de Québec, aims to bring pme universe | 1 billion together the young leaders of tomorrow and influential personalities from the business sector. “As part of this initiative. the JPQs are pleased to announce the official creation of their circle of governors and governors, a group of influential personalities from the business community,” the organization announced by press release.
494,24 millions
Sum invested by the Government of Quebec as part of its PME 2025-2028 plan, unveiled on June 18. These investments will make it possible to support seven measures proposed by the Plan: the deployment of the PME access network. the creation of SME innovation spaces, a diversified offer of tools to promote the realization of projects, training, assistance for digital transformation, support for resumption, and the simplification of administrative procedures. The private sector has around 230,000 SMEs, which generate more than 50 % of Quebec GDP.
Further reading: You can travel in TER at € 1 in Hauts-de-France, here’s how to enjoy it – Quarter Dix30 | “Green flow” and 10,000 parking lots – No more bank transfer errors: this new feature alerts you before it is too late – “A colossal discovery”: nearly 500 million barrels of oil exhumed from a site hitherto unknown, an unimaginable energy treasure revealed in broad daylight – “It is not easy to find a summer job”: the noose tightens for young people.
