Raymond Desormeaux

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Raymond Desormeaux
Occupation Founder and Chairman
Employer Penson Financial Services Canada Inc.

Raymond Desormeaux is chairman and founder of Penson Financial Services Canada Inc.[1] He is a former chairman of the Montreal Exchange.[2]


Desormeaux was a founder of ECE Clearing, the predecessor firm to Penson.

Desormeaux was previously president and COO of McNeil Mantha Inc., a publicly traded full-service stockbroker. McNeil Mantha was Quebec’s second largest brokerage firm at the time of its sale to RBC Dominion Securities.

Desormeaux was chairman of the Montreal Exchange from 1992 to 1994.



  1. Penson Worldwide Inc. Q4 2008 Earnings Call Transcript. Seeking Alpha.
  2. Executive Profiles. Penson Canada.