Canadian Asset Management Company Relocating HQ To Miami, Creating 450 Jobs Paying $200K

A global asset management company is planning to relocate its headquarters from Canada to Miami, creating 450 high-paying jobs here.

The company name was kept confidential in an application for economic development funds from the county.

The company is referred to as Project Maple.

A total of 450 jobs will be created in Miami, the filing states. The 450 employees will earn an average salary of $200,000, plus $15,000 in additional benefits.

The company expects to commence construction in 2021 on a new 45,000 square foot national headquarters space somewhere in Miami-Dade’s district 5, which includes downtown Miami, Brickell, Little Havana and parts of Miami Beach.

A total of $167,500 in funding from Miami-Dade’s Targeted Jobs Incentive Fund is being requested, and the company also is asking for the fund to be expanded.

A subsidiary of the company has entered into voluntary settlement agreements with Canada’s Ontario Securities Commission to settle allegations made with respect to the conduct of the company as manager of certain publicly traded mutual funds in Canada, a disclosure stated. The settlement agreements included voluntary payments from the company to the OSC and to security holders of the affected funds.

 

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Anonymous
5 months ago

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Anonymous
5 months ago

D
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Anonymous
5 months ago

Money
Is
A
Major
Issue

Anonymous
5 months ago

Interesting that now international firms are coming here. I fully expect Miami to be a top 10 city worldwide for financial firms, but not holding my breath on us still becoming a major tech hub. A solid regional hub at best.

Anonymous
5 months ago

Finance seems like a no-brainer at this point. Tech is likely to be driven by start-ups, but that’s fine. The availability of vacant lots and rehab ready buildings around the city is a plus for these types of firms.

Anonymous
5 months ago

That sounds nice and I certainly hope it comes true, but I have serious doubts. For us to grow naturally through start-ups that would require two main things. 1. Access to large amounts of venture capital, which we certainly will. 2. Large population of undergrad grad students from top notch colleges for computer science, mechanical engineering, artificial intelligence, and other STEM programs, and this is where Miami just falls far short of silicon valley, Austin, Seattle, Boston, New York, and even Atlanta. We simply don’t have the talent at this time and a bunch of rich investors moving here to avoid taxes doesn’t change that.

Anonymous
5 months ago

Talent will move here eventually but we should surely invest in education

Anonymous
5 months ago

FIU is a great university as well as UM but we have good schools such as FSU and UF. None of those kids actually stay in those rinky dink college towns. I lived in both of them. Miami will attract those students back home if there are opportunities here. The county and community needs to aggressively help to build up FIU to see an immediate effect IMHO

Anonymous
5 months ago

Sooooo many ‘international firms’ are coming here. Man, you all are such twats. Full of hyperbole. These mofos will read 3 articles and say so much. They will also claim that if a place of let’s say 2,300 tech companies or another of 564 investment firms, lose 2 firms coming to Miami, those places are in trouble and Miami is killing it. I just can’t take it. Just small timers talking crap on their moms’ sofas it feels like.

Anonymous
5 months ago

I’ll work at at Maple company for $200K annually

Anonymous
5 months ago

Time to build that Innovation District!!

La Condesa de San Ignacio
5 months ago

Yes, we need an Innovation District now that Trump is gone. It’s a new beginning, now that the tyrant is in the rear view mirror! LET’S CELEBRATE!!!!

Anonymous
5 months ago

There is hope with a life with TDS. Contact your primary care physician for further details on how to find a new path.

Anonymous
5 months ago

lol.. said by someone who went through mind numbing agony for eight years when Obama was president.

Anonymous
5 months ago

It will be over when Trump find a new path to jail!

Anonymous
5 months ago

81 million people voted for dementia patient over some mean tweets !

Biden is making America the World’s ATM again!!!

Anonymous
5 months ago

Boom!

Anonymous
5 months ago

Awesome! Now let’s attract big pharma as that is the future!

Mike Brady
5 months ago

$200K with only $15K in benefits? That makes zero sense. That might get you a good healthcare plan, but what about FICA, Medicare, 401-K matches, HSA top-ups, PTO, life insurance, disability, UI, dental, vision, stock options, restricted stock, profit sharing, etc etc. Last comapny I worked for benefits were 45% of salary.

Jibba Jabba
5 months ago

Starbucks?

Anonymous
5 months ago

FICA and Medicare are not corporate benefits. They are paid for (in principle) by payroll taxes taken out of paychecks. The $15k is probably an estimate of a single person’s health care expense plus a 401k contribution.

Anonymous
5 months ago

Yeah, benefits are usually 25%-35%, no?
I don’t think people count FICA or Medicare taxes as benies.

Anonymous
5 months ago

Does not mean they are hiring locally.

Anonymous
5 months ago

If locals are qualified, sure.

Anonymous
5 months ago

With 200k salaries those employees will be able to afford what’s coming the next 3 years

Specially Now, that Biden made America the World’s ATM machine again! 🤗

The Department of Labor revealed on Thursday that year-over-year inflation hit 5% in May — “the largest 12-month increase since a 5.4-percent increase for the period ending August 2008.”

In addition to hikes in food and energy costs, inflation in the categories of used vehicles, transportation, and commodities respectively rose by 29.7%, 11.2%, and 6.5% in the past twelve months. Indeed, as the United States emerges from COVID-19 and the lockdown-induced recession, price levels are climbing far faster than usual in both April and May.

Anonymous
5 months ago

Yeah imagine we open up and demand soars, so prices with it. Who would’ve thought.

Anonymous
5 months ago

Forget it.. he’s one of those people who poo poo on the homeless but cry foul if hamburger flippers starting wages increase to $9 hour.

Anonymous
5 months ago

I’ll believe it when I see it.
These are only part of a gazillion new jobs…if WE are going to be a TRUE world class city WE have to have TWO GAZILLION jobs, all cars off of the streets. 200ft wide sidewalks, and an elevated Metromover that takes me from my sofa to the Faena.

Anonymous
5 months ago

Will leafs give us our Burger King back by moving Restaurant Brands, International down here?

Anonymous
5 months ago

Believe it when I see it.

Anonymous
5 months ago

How many 6 figure jobs have you created?

Anonymous
5 months ago

Guys moving to WPB, Boca, or Ft Lauderdale does not qualify as moving to Miami.
Once they announce company and where headquarters will be, I”ll celebrate their Miami transfer. In the meantime, I’m not counting glories

Anonymous
5 months ago

the article says the headquarters are going to be built in miami dade’s district 5

Anonymous
5 months ago

If you thought this was a place where people read the articles completely you’ve come to the wrong place my friend

Anonymous
5 months ago

So true

Anonymous
5 months ago

Lol… not only do they actually read the article, most of them can’t even write a simple coherent sentence.

Anonymous
5 months ago

“somewhere in Miami-Dade’s district 5, which includes downtown Miami, Brickell, Little Havana and parts of Miami Beach.”

Please read the article before imparting wisdom.