Ken Rae, CFA

Ken Rae, CFA

Ken Rae, CFA

Chairman & CEO
Investment Counsellor/Portfolio Manager

Ken began his investment career with Canada Permanent Trust in Toronto. In 1968, he moved to Waterloo and worked for Mutual Life and Dominion Life managing large multi-million-dollar portfolios. In 1985, Ken founded and subsequently sold Advantage Investment Counsel, commonly known as AIC. In 1988, he founded Kenneth Rae Investment Counsel Inc, which later was renamed Rae and Lipskie Investment Counsel Inc. Ken’s investment acumen via this 25-year period allowed him to hone his skills and fine tune his insights on the broad universe of the investment industry and the investment process.  In his current role as Chairman of The RaeLipskie Partnership, Ken counsels on the firm’s big picture, strategies and provides the calm and sage advice so critically sought in today’s noisy landscape. 

With Norah, his loving spouse of over 50 years, Ken chooses to spend his leisure time travelling, skiing, biking, curling and most of all semi-obsessing over tennis.  No sudoku puzzle is safe in his presence either.  He spends the majority of his philanthropic and charitable time at The KW Art Gallery, KW Symphony, CBA and Gyro.  His prowess at choosing great red wines and making gazpacho is apparently indomitable.

Contact:

519-578-6849 ext. 325

Brian Lipskie, CFA

Brian Lipskie, CFA

Brian Lipskie, CFA

President & Chief Compliance Officer
Investment Counsellor/Portfolio Manager

Brian joined Ken Rae in 1989. His investment career began in 1985 with Wood Gundy in Private Client investment management. Brian graduated from the University of Waterloo with a BA in Honours Economics in 1985 and attained his Chartered Financial Analyst (CFA) designation in 1990. In addition to actively participating in research and portfolio management at The RaeLipskie Partnership, Brian directs the operations of the Company and is Chief Operations Officer.

Brian was previously on the board of directors of Junior Achievement of Waterloo Region and is past president of the Waterloo Wellington Estate Planning Council.  He is currently a member of the finance and Investment Committee for the University of Waterloo as well as chair of the Investment Committee for the Sisters of St. Joseph of Canada as well as the Congregation of the Resurrection of Ontario.

He and his wife, Shelley, enjoy golf and curling and reside with their three children in Waterloo.

Contact:

519-578-6849 ext. 324

Rick Vandermey, CFA

Rick Vandermey, CFA

Rick Vandermey, CFA

Chief Investment Officer
Investment Counsellor/Portfolio Manager

Rick joined the firm in 2014 after a multi-decade investment management career as Vice President-Portfolio Manager with Legg Mason Canada (and its predecessor companies, Perigee Investment Counsel and Mu-Cana Investment Counsel). Rick grew up and was educated in Kitchener-Waterloo and was based in the local community during his career in the institutional investment management business. During his time in that business, Rick had responsibility for managing some of the company’s largest pension, endowment and foundation client relationships, along with responsibility for Canadian, U.S. and international equity selection, balanced fund management and active asset allocation. 

Rick graduated from Wilfrid Laurier University with an Honours Bachelor of Business Administration (BBA) degree and attained his Chartered Financial Analyst (CFA) designation in 1985. At The RaeLipskie Partnership, Rick leads the firm’s investment activities and manages client portfolios.

Rick and his wife Trish live in Waterloo. Their two adult children live in Toronto. Summer weekends are generally spent at Rick and Trish’s cottage on Lake Huron. Rick is an active volunteer in the community, giving his time to assist the KW Community Foundation, the KW United Way, Wilfrid Laurier University and the Lyle S. Hallman Foundation. A long-standing volunteer coach for Waterloo Minor Soccer, Rick is also active in the Waterloo Cycling Club.

Contact:

519-578-6849 ext. 326