Roles: Business analysis of the component securities of investment portfolios. Mr. Giroux’s primary role is to perform a fundamental security analysis and select the appropriate investment sectors. To this end, he conducts an in-depth analysis of all of the economic and financial data on the companies and the industries in which they operate. He also identifies each company’s inherent risks. As such, Mr. Giroux is responsible for analyzing and selecting stocks that will have the best risk/return relationship for each asset class. In consultation with Mr. Barrette, he adopts a meticulous and methodical approach for choosing stocks that meet the Barrette Giroux Wealth Management Group’s high quality standards.
Yanik Giroux began his career in financial services in 1999 at Toronto Dominion Bank as Account Manager for small and medium sized businesses, after having started his own business.
Mr. Giroux pursued his career at Business Development Bank of Canada (BDC), which he joined in 2000 as Account Manager. Throughout his illustrious 14-year career at BDC, he held numerous key positions, including Senior Loans Manager, Major Accounts Manager, Entrepreneurship Centre Manager, Thérèse-De Blainville Branch Manager, Place Ville Marie Branch Manager and, lastly, Regional Director, Specialized Industries, for all of Quebec.
Thus, he became a prominent player in business financing. He is seen by his banking industry peers as a leading expert in corporate financial analysis and in understanding the issues facing companies. In fact, Mr. Giroux has directly, and through the teams under his direction, secured financing for over 1,000 companies during his career, and estimates to have analyzed upwards of 4,000 companies over the same period. The breadth of his accumulated knowledge has given him an enviable understanding of financial analysis of companies, which is indispensable in selecting stocks. Among other things, his experience and vast understanding of various industries and their respective inherent risks has taught him about sound risk management.
A seasoned manager, Mr. Giroux achieved several major accomplishments as a corporate finance specialist at BDC. Notably, he opened a new branch to great success, helped a major Montreal branch recover and opened BDC’s Specialized Industries division for the entire province of Quebec, which enjoyed unprecedented results. He was in charge of several specialized markets such as real estate (industrial, office and commercial), the hotel industry, aerospace and agrifood, wherein he led the teams in these respective markets. His grasp of the investment options available to investors is unparalleled.
Mr. Giroux has also been called on as an expert in articles in prominent publications such as Le Journal des Affaires, La Revue Commerce and Canal argent. Moreover, he has been a panelist in various industry associations.
Wanting to offer an integrated approach to a corporate clientele, for both their personal and their business’s financial situation, and to be able to provide the highest level of wealth management service in the industry, Mr. Giroux decided to join RBC Dominion Securities in 2015. There, he teamed up with Hugo Barrette to form the Barrette Giroux Wealth Management Group. His exceptional skill in conducting bottom-up analyses, specifically of company fundamentals, brings significant added value to portfolio management.
Degrees, certifications and accomplishments
2016 Wealth Management Essentials (WME)
2015 FCSI certification, Fellow of CSI
2015 Conduct and Practices Handbook Course
2015 Canadian Securities Course
2004 Master of Business Administration: Top cumulative GPA of a cohort of 200 students
Specialization: Financial Services (Executive MBA)
Université du Québec à Montréal
2003 Fellow, Institute of Canadian Bankers (FICB): Silver medallist
2001 SME Studies Program, Institute of Canadian Bankers: Gold medallist
1998 Bachelor of Business Administration (major in marketing)