Time Magazine: Canada s 21st Century Leaders - G.Scott Paterson * Reproduced in electronic format from Time Magazine s 21st Century Leaders Edition (September 27, 1999). Click here to view the original scanned article. Scott Paterson, 34 A Bay Streeter who gambles big on high technology Scott Paterson, the boyish CEO of of Yorkton Securities, likes to watch things grow, starting with his own company. In four years, he has taken the Toronto brokerage house from Bay Street laggard to the pre-eminent high-tech and biotech underwriter in the country. Monthly earnings in those sectors jumped from $200,000 to $4 million. While bigger firms ignored any offering worth less than $30 million, Yorkton established itself as the leader for new technology and Internet offerings. Ramy Elitzur, professor of finance at the University of Toronto s Rotman School of Management, says Paterson "had a very clear vision. He moved in when the area was not being exploited." Paterson says that picking high tech as a field to cultivate was a "no brainer"; the challenge was to follow through. Apparently Paterson can. Larry Stevenson, CEO of the Chapters book chain, chose Yorkton to co-lead the initial public offering for its online book-selling company because Paterson "gets behind the issues and he stays with them." From that position, Paterson has helped such start-up companies as the software firm Open Text and the digital-broadcast developer Leitch Technology turn into flourishing, highly regarded firms. Paterson rose on Bay Street on the basis of his aggressive sales pitches (he once earned the tag "cold-call cowboy") and skipped from company to company before joining Midland Walwyn Capital in 1990, where he first focused on technology. Five years later, he moved to Yorkton. As he beefed up the firm s business, he rose to the top. Now Paterson says he wants Yorkton to consolidate by building strength in natural-resource industries and by reaching "even lower down" for high-tech winners. Says he: "We will touch every entrepreneur, whether he is in a garage, in a university, or heard on a radio show." He insists Yorkton is still a shrimp, with 80% of its growing left to do. * Reproduced in electronic format from Time Magazine s 21st Century Leaders Edition (September 27, 1999). Click here to view the original scanned article.
Paterson Partners Inc. is Toronto-based company (Ontario, Canada) with a phone number 4163686467. Our data show that the company is located at the address: 161 Bay St. The company has a web site: www.patersonpartners.com.
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