Solutions for borrowers, brokers and investors

Board of Directors

Ken AlgerKen Alger, Chair, joined the AMIC Board in September 2015.

Principal Occupation:

  • Corporate and Public Sector Director, (2014 - present).  
  • Retired V.P. from TD Bank (1978 -2014)

After a 30+ year career in varied roles most of which were at the executive level, Mr. Alger took early retirement from TD Bank in November 2014.

He explains, “It was time to step back and refocus on priorities that became more important to me – family, friends & community – while still maintaining my connections to the business community especially in areas of People Development, Growing Business Opportunities and Governance.”

Mr. Alger is involved in the community and has served on both the Queensway Carleton Hospital Foundation and Hospital (QCH) boards over the past 9 years. He is currently Vice Chair of the board and chairs the Audit & Finance Committee as well as sits on the Executive Committee and the Human Resource and Executive Compensation Committees.

This year (2018/19) he was elected to the position of President of the College of Kinesiologists of Ontario, a public appointment from the Ministry of Health and Long Term Care (MOHLTC), where he also Chairs the Registration Committee and sits on the Quality Assurance Committee.

Per Mr. Alger, “Paying back by paying forward is a new mantra that I live by.”

 


 

Sheri Creese

Sheri Creese joined the Advanced MIC board in September 2015 

Sheri has been in the financial services industry for over 25 years.

As the vice president of sales and service for Mortgage Brokers Ottawa, her role is to provide leadership and direction to ensure that the firm’s excellent group of mortgage brokers and agents have the tools and resources to do what they do best: give clients superior mortgage advice. She also assists the partnership group in continuing to foster relationships with external partners in the community.

Sheri is also a licensed mortgage broker, hockey parent and community volunteer.

 


 

Michael Hapke is the President, Chief Executive Officer and Director of Advanced Mortgage Investment Corporation, Advanced Alternative Lending ("the manager"), Advanced Capital Corporation ("the agent") and Mortgage Brokers City Inc., a brokerage which originates mortgage applications for the MIC and which are all related and connected companies by virtue of common ownership and control. 

Michael Hapke is one of the founding partners of the Advanced Group of Companies and is the visionary behind the Mortgage Brokers Ottawa/City brand, Advanced Alternative Lending and Advanced Mortgage Investment Corporation, setting the strategic direction of all four of the companies.

Before founding MBCI, Mike worked for TD Canada Trust for over 18 years and gained considerable management experience in retail banking, learning and development and mergers/acquisitions. Notably, Mike played an active role on the project management team responsible for overseeing one of Canada’s largest mergers between TD Bank and Canada Trust.

In 2003 he decided to pursue a career in the mortgage brokerage Industry. In 2005 he formed his own mortgage brokerage operation with Frank Napolitano. In 2008 the pair successfully merged Ottawa’s two largest mortgage brokerage firms to form the current Mortgage Brokers City Inc. which now has over 100 licensed brokers and agents and originates in excess of one billion dollars in mortgages on an annual basis.

As CEO of MBO/MBCI and the Advanced Group of Companies, Mike oversees the day to day operations and is always in tune with the real estate market which identifies both the risks and the opportunities. Mike’s hands on leadership approach  gets him involved at every level of the business from , legal and audit to investors and borrowers.

Mike earned his Bachelor of Arts (law/psychology) at Carlton University. He completed the Mortgage Agents’ Course via Seneca College in 2004 and earned his Accredited Mortgage Professional Designation in 2005. He aquired his Mortgage Brokers license in 2010 and continues to grow his industry knowledge each and every year through industry conferences and  continuing education courses.

Mike is the Ultimate Designated Person for and is a registered dealing representative with Advanced Capital Corp. He completed the Canadian Securities Course in 1995.

Under his leadership, MBCI has been honoured with the Consumer’s Choice award in the “Mortgage Companies and Brokers” category for nine consecutive years.

Mike remains committed to community service and is actively involved in the company charity committee and spends countless hours volunteering as a coach for his two sons’ hockey teams.

Contact Mike by phone at (613) 656-0866 or via email at mikeh@advancedcapitalcorp.com.

 


 

Bill Harringon.Bill Harrington joined the AMIC Board in September 2019.

Bill obtained his Doctor of Laws degree from the University of Ottawa. He has 40 years of legal experience, both as a litigator and as an in-house counsel. Most recently, he was the General Counsel of The Canadian Real Estate Association, one of the largest single-industry trade associations in Canada. In that role, he was responsible for the effective operation of the legal department, and provided advice, opinion and support on a wide range of legal issues to the CEO, the executive, the Board of Directors and various committees and task forces.

He has extensive experience in corporate and governance issues, organizational ethics, and the drafting of bylaws, rules and policies.

Now retired from the practice of law, Bill provides governance support to organizations and acts as Governance Adviser for the tng leadership group.

 


 

Joanne Livingston joined the Advanced MIC board in September 2018.

Joanne Livingston, CIM is a Vice President & Portfolio Manager with one of Canada's leading full-service investment and wealth management firms. She leads a team of professionals providing complete Portfolio and Wealth Management Services to clients nationally.

Prior to joining her current firm, Joanne spent 25 years in financial services initially with a major Canadian Bank. Opting to pursue a career in Wealth Management she accepted a role within the Securities community and until recently was the Managing Partner at Canada’s largest independent Wealth Management firm. In recent months Joanne moved her private practice to another major firm to further expand her teams wealth management offering.

In addition to enjoying time with family and friends Joanne is active in the community having held several board and committee roles for local charities.  Currently she sits on the University of Ottawa Heart Institute Foundation Board as well as participating in both their Audit and Finance Committees. 

 


 

Kim McKenney joined the Advanced MIC board in September 2019.

Kim McKenney started as a Mortgage Agent in 1988 under the mentorship of Nelly Van Berlo after graduating with a Bachelor of Arts and a Bachelor of Business Administration from Ottawa University. When The Mortgage Source opened in 1990, Kim worked as a mortgage agent until 1992 when she had her first child. For the next 13 years she operated a family owned commercial construction company where she learned the ins and outs of owning and managing a company, and how to negotiate with a hard sell.

In 2008, Kim returned to The Mortgage Source in a managerial role; a position would eventually lead her on the path to becoming the eventual successor.

Within a few years Kim became an owner of DLC The Mortgage Source and has now been the president and majority shareholder for three years. Her time as the leader of DLC The Mortgage Source has seen the company grow from 25 to 65 agents and is one of the Top 10 DLC franchises in Canada.

Kim is an industry leader and an avid participant in the mortgage community; having served as Vice-Chair on the Board of Directors for the Better Business Bureau for Eastern and Northern Ontario and the Outaouais and currently serving as past-president after two terms as President of the CMBA Ontario. Kim’s mandate with the CMBA board has been to improve educational offerings from the association. This desire for better access to education for both new and seasoned agents and brokers is reflected in Kim’s ongoing mentorship and support programs at DLC The Mortgage Source.

Kim’s charitable endeavors include being on the Board of Directors of Bullying Ends Here and supporting initiatives like Bikes for Kids and Planting Seeds International.