Credit Analyst, Public Fixed Income
Asset Management
Vancouver, BC / TorontoAnalystNot specifiedRolling deadline
Wealth Management
Vancouver-based independent wealth and asset manager with in-house private capital, private debt and real estate teams.
Nicola Wealth is an independent Canadian wealth management firm founded in Vancouver in 1994 by John Nicola, managing about C$17.9 billion for high-net-worth families, business owners and institutions. Instead of a classic 60/40 portfolio it runs its own pooled funds across public equities and fixed income plus in-house private alternatives: a Private Capital division (private equity, venture, infrastructure, private debt and mortgages, about C$6.5B) and Nicola Real Estate (about C$10.1B of properties in Canada and the U.S.). It has 500+ employees in offices across British Columbia, Alberta and Ontario, with Vancouver and Toronto as the main hubs for investment roles. Chris Nicola became CEO in 2026, and William John became CIO in September 2026.
1 open roles5 deals12 people31 sources
Integrated financial, tax and estate planning plus investment management for high-net-worth individuals, families and business owners, delivered by Wealth Advisors who are each paired with at least one Wealth Planning Associate; advisors can become shareholders in the firm.
A growing business led by David Sung that serves foundations, endowments, pensions, family offices and First Nations portfolios with the same multi-asset platform.
In-house portfolio management of Canadian and global equities and fixed income pools, plus the Nicola Core Portfolio Fund, which combines the firm's public pools and limited partnerships in one allocation.
In-house division (about C$6.5B AUM at June 30, 2026) that runs evergreen funds in private equity, venture capital, infrastructure, private debt and real estate debt (mortgages), led by Head of Private Capital Robert Olsen and overseen by a Private Capital Investment Committee.
Evergreen private credit fund launched in October 2017 (C$2.7B gross assets at Q2 2026) that lends mainly senior secured, floating-rate debt to middle-market companies, mostly in the U.S. At Q2 2026 about 41% was direct lending (senior, unitranche and mezzanine loans), 50% co-investments in facilities led by managers such as Golub Capital, Blue Owl and Morgan Stanley, and about 9% third-party credit funds. The team is based in Vancouver with staff in Toronto.
In-house real estate team investing since 2005 in multi-family, office, industrial and self-storage properties across Canada and the U.S. (C$10.1B AUM, 341 properties and projects, 30M+ sq ft at March 31, 2026), from separate offices in Vancouver, Toronto and Surrey; led by Executive Managing Director Mark Hannah and Managing Director Alex Messina.
| Vancouver | BC | headquarters |
| Toronto | ON | office |
| Calgary | AB | office |
| Kelowna | BC | office |
| Victoria | BC | office |
| Vaughan | ON | office |
| Vancouver | BC | office |
| Toronto | ON | office |
| Surrey | BC | office |
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From the inside
Reasons that work in interviews
3 reasons for Nicola Wealth
The firm’s investment philosophy is published and almost no candidate reads it. Quoting a manager’s own stated criteria back to them, with one company you applied it to, beats any structural reason here. Say which part you agree with and, if you can defend it, one part you would push on.
Integrates wealth management with a genuine private asset platform including real estate and private equity, which very few Canadian wealth firms actually run.
Vancouver-based and growing.
You learn both client advice and direct investing.
Coming soon
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When they’re in, they’ll be part of BSO Pro, which already has candidate reports for dozens of firms.
Interviewing there sooner than that? Get in touch and we’ll help you prepare.
Each row is a start season; the bars are when you apply. The track starts this month, so how far right a bar sits is how far off it is.
Winter 2027
Apply now
Open roles on BSO Jobs1
President and Chief Executive Officer
Executive Team
Leads the firm's strategy with the Executive Team and Board, with a focus on expanding digital capabilities. He co-founded the Canadian digital wealth manager WealthBar before succeeding his father, John Nicola, as CEO in 2026. Queen's BSc (Engineering) and MSc (Applied Mathematics).
Founder, Executive Chair and Wealth Advisor
Executive Team
Founded Nicola Wealth in 1994 after two decades in financial services and led it as CEO for over 30 years, moving to Executive Chair at the end of 2025. He also served as CIO until September 2026 and continues to advise clients and sit on the board. Known for the firm's "Share the Pie" employee-ownership and profit-sharing philosophy.
Head of Private Capital (Chair, Private Capital Investment Committee)
Private Capital (Toronto)
Heads Nicola Wealth's Private Capital division, which covers private equity, infrastructure, private debt, mortgages and venture capital, and chairs its investment committee. He previously spent 15 years at Deloitte, including as Vice Chair and Private Equity leader and chair of its Corporate Finance practice. Before that he spent about 20 years investing in private equity and private debt, including at Goldman Sachs. Ivey MBA; ICD.D.
Executive Vice Chair and President of Institutional
Executive Team / Institutional
Leads the build-out of Nicola Wealth's institutional business for foundations, endowments, pensions, family offices and First Nations clients, and still serves key private clients. He founded Waterstreet Wealth Management, which merged with Nicola in 2004, and helped drive the firm's national expansion. UBC graduate; CFP and CIM.
Chief Investment Officer
Executive Team / Asset Management
Became CIO on September 2, 2026 after serving as Deputy CIO from July 2025; responsible for investment strategy across public and private asset classes. He previously ran public fixed income at Nicola, and earlier was VP and Head of Fixed Income at RBC Phillips, Hager & North after U.S. Treasury trading roles at Barclays Capital and Deutsche Bank Securities. Waterloo applied math (co-op) and UBC BEd; CIM.
Senior Director & Head, Private Debt
Private Debt (Vancouver)
Joined Nicola Wealth in January 2020 and leads the Private Debt team. He was previously a Director in mid-market leveraged finance at a Canadian chartered bank, structuring senior and mezzanine debt for LBOs and M&A in Western Canada and the U.S. He began his career in audit at a Big Four firm in Vancouver and the Cayman Islands. UBC BCom.
Executive Managing Director, Real Estate
Real Estate (Nicola Real Estate)
Oversees the strategic direction and execution of Nicola's real estate initiatives, drawing on 40+ years in commercial real estate. In 1994 he helped set up Avison Young's Vancouver office and later served as its Managing Director there.
Managing Director, Real Estate
Professional information only, drawn from official biographies and published reporting. BSO never lists private contact details.
Sep 2, 2026
William JohnPromotion
Chief Investment Officer
Nicola Wealth → Nicola Wealth
Succeeded John Nicola as CIO, completing a succession that began when he was named Deputy CIO in July 2025.
Jan 2026
Chris NicolaAppointment
President and Chief Executive Officer
Nicola Wealth → Nicola Wealth
Took over as CEO from founder John Nicola, who became Executive Chair at the end of 2025; the transition was first announced in October 2025.
Oct 16, 2025
Abi Coman-WalkerHire
Chief Operating Officer
Acuitas Therapeutics → Nicola Wealth
Named COO (announcement date shown; effective date not stated) as Jamie Duncan retired from the role at year-end; she previously spent nearly two decades at HSBC.
Jun 1, 2026
Jiffy Lube
Participating lender (co-investment) in Golub Capital-led senior credit facilities · Automotive services
Acquisition financing (senior credit facilities) led by Golub Capital. It appears on the fund's 'Select Current Investments' page dated June 2026 (month only).
Jun 1, 2026
Soleo Health
Participating lender (co-investment) in Blue Owl-led senior credit facilities · Health care (specialty pharmacy)
Acquisition financing (senior credit facilities) led by Blue Owl, dated June 2026 (month only) on the official tombstone list.
Apr 1, 2026
Hyland
Participating lender (co-investment) in Golub Capital-led incremental facilities · Software
Incremental senior credit facilities for acquisition financing led by Golub Capital, dated April 2026 (month only).
Nov 1, 2025
Hoskin Group (portfolio company of River Associates)
Lender (senior credit facilities) · Not stated on tombstone
Acquisition financing (senior credit facilities) for a River Associates portfolio company, dated November 2025 (month only).
Jun 1, 2025
Apryse
Participating lender (co-investment) in Morgan Stanley-led incremental facilities · Software
Refinancing via incremental senior credit facilities led by Morgan Stanley, dated June 2025 (month only).
William John takes over as CIO from founder John Nicola, who stays on as Executive Chair and Wealth Advisor.
Completes the planned CIO handover from John Nicola.
Gross assets were up 23% year over year, with a 9.1% trailing distribution yield and 97% of loans floating-rate.
Announces Chris Nicola as President and CEO-elect, Abi Coman-Walker as COO and Yannick Archambault as President, Private Wealth.
Toronto-based senior hire from a Canadian bank's debt capital markets group.
Joined from mid-market leveraged finance at a Canadian chartered bank.
Inception date of the fund's CAD unit class. A USD series followed on 2021-12-31.
Nicola Real Estate dates its acquisition track record from 2005.
David Sung's firm joins Nicola Wealth.
John Nicola starts the firm in Vancouver with a handful of staff and about $80M under management.
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Nicola Wealth · Sep 2, 2026 · nicolawealth.com
Nicola Wealth (GlobeNewswire) · Oct 16, 2025 · globenewswire.com
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Wealth Professional · Date unavailable · wealthprofessional.ca
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Posting open Sep to Oct; Interviews Nov; Offers Dec.Fall 2027
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Posting open May to Jun; Interviews Jun to Jul; Offers Jul to Aug.Programs
Internship · Not stated on the page (it quotes an intern based in Kelowna)
Interns join the Wealth Planning Associates team that supports Wealth Advisors, with structured learning goals, Private Wealth projects, exposure to other departments and mentorship. Nicola does not publish a separate analyst program for its investment teams.
Typical background
GuidanceNo prior finance experience required; a student investment fund or one relevant internship helps.
Large-cap platforms and global multi-strategy funds
Upper mid-market PE, infrastructure, the Maple 8 and large managers
Mid-market PE, mid-sized managers, domestic hedge funds and smaller pensions
Small-cap private equity, boutique managers and early-stage VC
Nicola Wealth is hereWhere people go next
GuidanceReal Estate (Nicola Real Estate)
Leads the Nicola Real Estate team in Vancouver, sourcing investments and running value-add strategies; he has worked on more than $8 billion of North American real estate transactions. Before Nicola he was a commercial real estate broker and appraiser at two large international firms. UBC Sauder BCom (Finance and Real Estate).
Principal, Private Debt
Private Debt (Vancouver)
Joined Nicola Wealth in 2021. Previously in European investment banking at HSBC in London, working on TMT M&A and emerging-markets debt capital markets. Brown BA (Economics), Bocconi MSc Finance and UBC Sauder MBA.
Principal, Private Debt
Private Debt (Vancouver)
Previously an Investment Analyst on the private markets team at Healthcare Employee Benefit Plans (HEB) Manitoba, where he helped build its private markets program. Earlier he was an acquisitions analyst in corporate development at The Boyd Group. University of Manitoba BCom; CFA.
Principal, Private Debt
Private Debt (Vancouver)
Joined in January 2021 after more than a decade in investment banking, leveraged finance and corporate banking at major financial institutions. He sources, underwrites and monitors private credit investments. Queen's BCom and BSc.
Senior Director, Private Debt
Private Debt (Toronto)
Joined the Private Debt team in July 2022 with 18+ years of U.S. and Canadian leveraged finance experience. Previously Director, Debt Capital Markets at a large Canadian bank, focused on high-yield origination, after about a decade in U.S. leveraged finance working on large-cap LBOs, leveraged loans and high-yield bonds. McGill BCom; NYU Stern MBA.