The Toronto-headquartered investment firm Sprott has appointed David Franklin as chief executive officer of Sprott Private Wealth and Paul Wong as a portfolio manager for Sprott Asset Management.

Franklin joined Sprott in 2008 as a research analyst, and was latterly a market strategist assessing the macroeconomic environment.

Wong, meanwhile, was most recently a portfolio manager focusing on natural resource-related funds for Natcan Investment Management.

Sprott operates through four business units: Sprott Asset Management, Sprott Private Wealth, Sprott Consulting and Sprott US Holdings.