Canadian financial services legend George Frazer passed away on February 6 at age 86. Frazer, Canada’s longest serving investment manager, was chair of the board of Leon Frazer & Associates, now a subsidiary of Jovian Capital Corp.—a position that he has held since 1961.
Frazer assumed the role of chair of Leon Frazer after his father’s passing, and grew his team from five counsellors to 35 employees over his career. The company managed $2.1 billion in assets under management.
Frazer also co-founded the Investment Counsel Association of Canada (now Portfolio Management Association of Canada) in 1952. He was bestowed the 2006 Career Achievement Award at the Canadian Investment Awards for his work.
“George Frazer is remembered for his great legacy of total commitment to client satisfaction,” said Mark Arthur, CEO of Leon Frazer. “He never wavered from his goal of always ‘doing what’s right for the client,’ and he always urged his team to stay singularly focused on that principle.”