John Hamilton will be leaving his position as president and CEO of managing general agency Financial Horizons Group. As of July, he will be replaced by Nick Pszeniczny, announced FHG April 24.
Pszeniczny is well known in the industry. As Great-West Life’s Executive Vice-President, Advisory Network, he oversaw a major restructuring last year of GWL’s advisory channel. He is now leaving GWL to head FHG which was acquired by the insurer in 2017.
Hamilton will remain as senior advisor
Hamilton, founder and CEO of FHG, will transition to the role of founder and senior advisor, and will remain a member of the Board. He will continue to work at the MGA’s head office in Kitchener and will be a resource to FHG’s senior management team, “maintaining his focus on the company’s growth mandate and active acquisition strategy,” says the company.
“Over a 35-year career, Nick has developed a deep understanding of the needs of advisors and is the right person to lead and grow our business further in the coming years,” said Hamilton. “I would like to congratulate Nick on his appointment and welcome him to FHG.”
Leadership and vision
Pszeniczny praised Hamilton’s leadership and vision in building the company. “John established FHG in 1990 with the goal to become the leading independent MGA in Canada. Today, the organization has grown to a network of 6,600 advisors operating in 30 offices nationwide.”
In the appointment notice obtained by The Insurance and Investment Journal, it states that FHG’s board and governance will remain independent and that “current supplier company relationships will remain integral to its growth.”