Our Firm

Our vision – to partner with our clients to achieve their capital market objectives

Cormark is a leading independent investment dealer counseling Canadian and international institutional investors and a wide variety of growth oriented companies from our offices in Toronto and Calgary:

Leading Independent Investment Dealer

We rank as one of Canada’s foremost mergers & acquisitions advisors and underwriters with single transaction underwriting capacity in excess of $1 billion

Employee owned and fully independent

Top Ranked Sales, Trading, and Research Team

Our equity sales, trading and research professionals provide Canadian and international institutional investors with top-tier execution and insightful investment ideas

We have been rated amongst the top 3 Canadian mid-cap brokerage firms by institutional investors for 8 consecutive years, as compiled by Brendan Wood International

Consistently amongst top 10 dealers in terms of TSX trading volume

35+ Year History of Serving Our Clients

Established in 1981 as Sprott Securities, we have evolved into an industry leader recognized for our knowledge and commitment to both our institutional and corporate clients

1,000+

Equity Financings in last 10 years

$90B+ 

Gross Proceeds Raised in last 10 years

240+

Research Coverage Universe

350+

Canadian Institutional Clients

450+

U.S. Institutional Clients

50+

International Institutional Clients

“Cormark is a leading independent investment dealer focused on providing comprehensive coverage of Canadian listed companies to domestic and international institutional investors from offices in Toronto and Calgary.”

– Scott Lamacraft, CFA | Chief Executive Officer

Our History

Established in 1981 as Sprott Securities, Cormark has evolved into an industry leader recognized for its knowledge and commitment to the mid-cap and emerging growth market

We have been rated #1, or among the top 3, small/mid cap brokerages firm by institutional investors for five of the last ten years, as compiled by Brendan Wood International. While the origins of the firm date back over 35 years, the current firm began to take shape when 12 original principals purchased the business in two tranches during 2000 and 2002. We are proud to have almost 100 shareholders in the business today, including several of the 12 original principals.

Our Objectives

Our clients always come first

We seek to enhance the reputations of both our firm and the industry within which it works through our interactions with our clients, competitors, and the investing public. We recognize it is a privilege to work in the capital markets and, as such, we adhere to both the spirit and letter of all applicable securities regulations.

We provide our clients with creative ideas

While we recognize that ideas need to be accompanied by seamless execution, our first priority is to create ideas that are valued by our clients. Our goal is to remain nimble yet strong enough to provide both our institutional and corporate clients the best and most creative capital markets advice available.

Our team is always working to deliver for our clients

We strive to deliver the “whole” firm to all of our clients and avoid the “direct-drive” culture that pervades much of our industry. The vast majority of our employees are also owners of our company, which aligns the interests of our employee/owners with the goals of our clients and the firm. As a result, our team is always working to deliver the best of the whole firm to all its clients.

Our Guiding Principles

We are separated from other dealers (boutique and bank-owned) in the Canadian marketplace by our unique platform and approach to the brokerage business

Employee Owned

Ensures thoughtful and responsible use of capital and relationship decisions

Comfort in knowing that all Cormark team members have a vested interest in our business and reputation, creating a culture of collaboration to obtain the optimal outcomes

Truly Independent

We don’t have proprietary products (funds, debt, etc.) which permits an objective viewpoint and allows us to provide our clients with the best advice

Knowledge-led Approach

Dedication to a “research-led” platform, demonstrates our commitment to clients – not here today, gone tomorrow

Assures that each pillar of our business has a detailed understanding of the needs, issues and strategic goals of our clients

Interests Aligned with Client

We make a financial commitment to understand and help develop our clients’ business and market position

Our structure leads to developing longer-term relationships with clients

Community Involvement