Greystone Managed Investments Inc. (Regina, Saskatchewan)

Name: Greystone Managed Investments Inc.
Address: 1230 Blackfoot Drive, Regina, Saskatchewan, S4 S 7 G4
Telephone: 1 (306) 779-6400

Greystone Managed Investments Inc. is a large advisory firm based in Regina, Saskatchewan. It manages $25.9 billion of regulatory assets for 400 client accounts. It has been registered with the SEC as an adviser since 2016.

Greystone Managed Investments provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Greystone Managed Investments: assets under management

The assets under management (AUM) of Greystone Managed Investments Inc. is $25.9 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and $24.33 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $25.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $64.75 million each.

Investments

The firm invests in sovereign bonds the most. They account for 38% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 21% of the firm’s portfolio. Investments in other assets form 21% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Greystone Managed Investments Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Monica Kowal serves?

The firm provides services to insurance companies, investment companies, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Monica Kowal is pooled investment vehicles with 43 clients and $17.15 billion of assets under management. Among the 10 most similar advisory firms, Greystone Managed Investments has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $25.9 billion for 82 clients. 94% of the firm’s clients are foreign persons or businesses.

Greystone Managed Investments doesn't advise any private funds.

Careers at Greystone Managed Investments Inc.

The company employs 121 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Monica Kowal has been acting as President since 1 Nov 2018. The Toronto Dominion Bank joined the executive team most recently as the Direct Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Greystone Capital Management Inc.	Shareholder	1 Jan 2000	75% - 100%	not available
Robert Leonard Vanderhooft	Chief executive officer, chief investment officer, and ultimate designated person	1 Jan 2000	Other	6618606
Theodore Richard Welter	Director and managing director	1 Apr 2003	Other	6618607
Louis Richard Martel	Director and managing director	1 Jul 2008	Other	6618693
Frank Howard Hart	President, managing director and director	1 Mar 2010	Other	6618701
Jacqueline Marie Hatherly	Chief compliance officer and senior legal counsel	1 Jan 2012	Other	6618703
Toma Nmn Mamic	Director, managing director, and chief financial officer	1 Feb 2014	Other	6618698
Jeffrey Leigh Robertson	Director, managing director and chief operating officer	1 Mar 2017	Other	6788923
Frank Howard Hart	Director, managing director, vice-chair, and chief risk officer	1 Jun 2017	Other	6618701
Jeffrey Leigh Robertson	President, director, managing director and chief operating officer	1 Jun 2017	Other	6788923
Monica Kowal	Director	1 Nov 2018	Other	6629687
Bruce Cooper	Director	1 Nov 2018	Other	6609064
Philipp Albert Hensler	Director	1 Nov 2018	Other	5014272
Salma Salman	Director	1 Nov 2018	Other	7076675

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
The Toronto Dominion Bank	Direct owner	1 Nov 2018	75% - 100%	13-5640479
The Toronto Dominion Bank	Direct owner	1 Nov 2019	75% - 100%	13-5640479

Based in Regina, Saskatchewan

The principal office where Greystone Managed Investments Inc. performs its advisory services is located at 1230 Blackfoot Drive, Regina, Saskatchewan, S4 S 7 G4, 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 1 (306) 779-6400 or by fax 1 (306) 585-1570. The normal business hours are 8 a.m. - 5 p.m. (central time) on Monday - Friday. You can find more information about the New York firm at greystone.ca.