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Safe Space with Francesco Lombardo

Jul 24, 2019

Tom McCullough is Chairman and CEO of Northwood Family Office.

He has spent over 35 years in the wealth management/family office field, initially in senior executive roles with RBC Wealth Management. The combination of this background, along with his own family’s desire for a truly ‘comprehensive, customized and confidential’ service, led him on a search for a multi-family office. While multi-family offices are well-developed in the U.S. and growing rapidly as wealthy families seek out objective advice and boutique-style service, they were virtually non-existent in Canada.

In 2003, this led Tom to start Northwood Family Office with partner Scott Hayman. Northwood Family Office has quickly become one of the leaders in its field and has consistently been recognized as the ‘#1 independent family office in Canada’ by Euromoney in its global private banking survey.

Tom is a frequent speaker on issues relevant to families of wealth and is the co-author of Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask and Family Wealth Management: 7 Imperatives for Successful Investing in the New World Order. He is an Adjunct Professor and Executive-in-Residence at the University of Toronto’s Rotman School of Management MBA program where he teaches ‘The Management of Private Wealth’, and is a faculty member in Rotman’s Family Wealth Management program for families of wealth. He is an Entrepreneur-in-Residence at Western University’s Ivey School of Business and a member of the Editorial Board of the Journal of Wealth Management. He is also a Fellow of the Family Firm Institute (FFI) and holds an Advanced Certificate in Family Business Advising from FFI.

Tom holds an MBA from the Schulich School of Business at York University, as well as the CIM (Chartered Investment Manager) and CIWM (Certified International Wealth Manager) designations, and is a registered Portfolio Manager. He is married, has two adult children and is actively involved in a wide range of philanthropic and community activities, most notably education and poverty alleviation in the developing world. Tom also serves on the board of The Bentway Conservancy, a new 1.75 km urban public park and performance space underneath Toronto’s Gardiner Expressway.