Resolve Asset Management Inc. (Toronto)


Resolve Asset Management Inc. is an adviser based in Toronto. It manages $119.22 million of regulatory assets for 62 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Resolve Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Resolve Asset Management: assets under management

The assets under management (AUM) of Resolve Asset Management Inc. is $119.22 million. The firm's AUM has gone down by -43% since the beginning of its operation, and $41.22 million of the total AUM is attributable to clients outside of the United States.

The firm manages $117.99 million in discretionary accounts and $1.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.97 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $617.71 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is derivatives, which make up 5% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Resolve Asset Management Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Douglas Robert Hole serves?

The firm provides services to individuals, investment companies, other investment advisers, high net worth individuals, and pooled investment vehicles. The largest group of clients of Douglas Robert Hole is pooled investment vehicles with 4 clients and $56.42 million of assets under management. Among the 10 most similar advisory firms, Resolve Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $119.22 million for 62 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 8% of the firm’s clients are foreign persons or businesses.

Resolve Asset Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Resolve Asset Management Inc.

The company employs 17 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Douglas Robert Hole has been acting as President since 1 Feb 2015. Mighty Oak Holdings joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ontario Limited Owner 1 Nov 2014 75% - 100% none
Michael Leighton Philbrick President, chief compliance officer 1 Nov 2014 Other 3013806
Douglas Robert Hole Director 1 Feb 2015 Other 6580037
Ontario Limited Owner 1 Feb 2015 75% - 100% none
Douglas R Hole Director 1 Feb 2015 Other 6580037
Adam Donald Butler Chief executive officer 1 Aug 2015 Other 6580034
Rodrigo Hector Gordillo Chief financial officer 1 Aug 2015 Other 6591749
Adam D Butler Chief executive officer 1 Aug 2015 Other 6580034
William James Wecherkiwsky Chief compliance officer 1 Sep 2017 Other 4890015

Indirect Owners

The SEC currently registers 13 indirect owners.

Name Entity Date acquired Ownership Employer ID
Adam Donald Butler Shareholder 1 Nov 2014 Other 6580034
Rodrigo Hector Gordillo Shareholder 1 Nov 2014 Other 6591749
Douglas Robert Hole Shareholder 1 Nov 2014 Other 6580037
9098038 Canada Inc. Shareholder 1 Nov 2014 Other foreign
9098046 Canada Inc. Shareholder 1 Nov 2014 Other foreign
9098062 Canada Inc. Shareholder 1 Nov 2014 Other foreign
The Butler Family Trust Shareholder 1 Nov 2014 Other foreign
The Philbrick Family Trust Shareholder 1 Nov 2014 Other foreign
The D.R. Hole Family Trust Shareholder 1 Nov 2014 Other foreign
Mighty Oak Holdings Shareholder 1 Jul 2018 Other foreign
Jason Russell (2016) Family Trust Trust 1 Jul 2018 75% - 100% foreign
Jason Russell Trustee 1 Jul 2018 Other 6996866
Nicholas Markos Shareholder 1 Jul 2018 Other 6996867

Based in Toronto

The principal office where Resolve Asset Management Inc. performs its advisory services is located at 2000 1 Adelaide Street East, Toronto, M5 C 2 V9, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-572-5474 or by fax 416-350-3234. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at investresolve.com.