1832 Asset Management U.S. Inc. (Toronto, Ontario)


1832 Asset Management U.S. Inc. is an adviser based in Toronto, Ontario. It manages $845.98 million of regulatory assets for 287 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Florida, New York, and Texas.

1832 Asset Management U.S provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

1832 Asset Management U.S: assets under management

The assets under management (AUM) of 1832 Asset Management U.S. Inc. is $845.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 307% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $845.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.95 million each.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 1832 Asset Management U.S. Inc. for their services and products based on a percentage of assets under management and performance-based fees. 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 John Pereira serves?

The firm provides services to individuals, investment companies, high net worth individuals, and corporations or other businesses. The largest group of clients of John Pereira is high net worth individuals with 86 clients and $408.66 million of assets under management. Among the 9 most similar advisory firms, 1832 Asset Management U.S has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $845.98 million for 287 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

1832 Asset Management U.S doesn't advise any private funds.

Careers at 1832 Asset Management U.S. Inc.

The company employs 12 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

John Pereira has been acting as President since 1 Dec 2015. Wesley Glen Samuel Mills has served as the Chief Investment Officer since 1 Apr 2011. Dana Robyn Banks joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mary Catherine Tuckwell Director, chief compliance officer 1 Feb 2002 Other 4545169
1832 Asset Management L.P. Owner 1 Nov 2009 75% - 100% foreign entity
Wesley Glen Samuel Mills Chief investment officer 1 Apr 2011 Other 5908839
Richard Mcintyre President / ceo 1 Oct 2013 Other 6258171
Mario Roman Causarano Chief executive officer and director 1 Jan 2015 Other 6410268
Mario Richard Causarano President 1 Jan 2015 Other 6410268
Michel Denver Martil Chief financial officer 1 Jan 2015 Other 6443996
John Pereira Director 1 Dec 2015 Other 5339121
Jordy Warren Chilcott Director 1 Dec 2015 Other 6022626
Bruno Carchidi Chief compliance officer 1 Mar 2016 Other 5642023
Carsten Gieschen Chief financial officer 1 Mar 2016 Other 6620645
Gregory Joseph Chief financial officer 1 Feb 2017 Other 6768935
Todd Winston Flick Director and chief executive officer 1 Jun 2017 Other 6825139
Dana Robyn Banks Chief compliance officer 1 Dec 2018 Other 5470926

Indirect Owners

The SEC currently registers 13 indirect owners.

Name Entity Date acquired Ownership Employer ID
The Bank Of Nova Scotia Owner 1 Nov 2002 75% - 100% foreign entity
The Bank Of Nova Scotia Owner 1 Nov 2009 75% - 100% foreign entity
1832 Asset Management G.P. Inc. General partner 1 Nov 2009 Other foreign entity
Scotia Capital Inc. Limited partner 1 Nov 2009 25% - 50% foreign entity
Scotia Asset Management G.P. Inc. General partner 1 Nov 2009 Other foreign entity
Dmfl Holding Corp Owner 1 Jul 2010 75% - 100% foreign entity
The Bank Of Nova Scotia Owner 1 Feb 2011 75% - 100% foreign entity
Holliswealth Inc. Owner 1 Feb 2012 75% - 100% foreign entity
Dwm Ii Inc. Owner 1 Feb 2012 75% - 100% foreign entity
Gcic Ltd. Limited partner 1 Nov 2013 50% - 75% foreign entity
Dwm Ii Inc. Owner 1 Nov 2015 75% - 100% foreign entity
The Bank Of Nova Scotia Owner 1 Nov 2017 75% - 100% foreign entity
1985275 Ontario Inc. Limited partner 1 Nov 2017 50% - 75% foreign entity

Based in Toronto, Ontario

The principal office where 1832 Asset Management U.S. Inc. performs its advisory services is located at 28 Th Floor, Toronto, Ontario, M5 C 2 V9 The mailing address of the firm is 38 Th Floor, Toronto, Ontario, M5 H 2 X6. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-363-9097 or by fax 416-865-3463. The normal business hours are 8:30 to 5:00 on Monday - Friday.