Ken Rae, CFA

Retired Co-Founder

After an incredible 60-year career in the investment industry, Ken retired from The RaeLipskie Partnership in August of 2024. He proudly leaves a lasting legacy at RaeLipskie, thanks to his dedication and values which were instrumental in shaping the firm’s success.

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. with his wife, Norah, which later was renamed Rae & 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. Prior to his retirement, Ken was the Vice-Chairman of The RaeLipskie Partnership, where he counseled on the firm’s big picture, strategies and provided the calm and sage advice so critically sought in today’s noisy landscape.

With Norah, his loving spouse of over 50 years, Ken is spending his retirement travelling, skiing, biking, curling and most of all semi-obsessing over tennis. No sudoku puzzle is safe in his presence either. His prowess at choosing great red wines and making gazpacho is apparently indomitable.