Pcj Investment Counsel Ltd. (Toronto, Ontario)


Pcj Investment Counsel Ltd. is a large advisory firm based in Toronto, Ontario. It manages $1.45 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2009.

Pcj Investment Counsel 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 provision of model to separately managed accounts. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pcj Investment Counsel: assets under management

The assets under management (AUM) of Pcj Investment Counsel Ltd. is $1.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 43% since the beginning of its operation, and $1.38 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $121.23 million each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in pooled investment vehicles form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pcj Investment Counsel Ltd. 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 Michael Walter Freund serves?

The only and largest group of clients of Michael Walter Freund is investment companies with 1 clients and $70.29 million of assets under management. Among the 6 most similar advisory firms, Pcj Investment Counsel has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $70.29 million for 1 clients. 92% of the firm’s clients are foreign persons or businesses.

Pcj Investment Counsel also advises several private funds. Namely, one hedge fund.

Careers at Pcj Investment Counsel Ltd.

The company employs 6 people that are either part- or full-time employees. 83 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 3 people 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.

Michael Walter Freund has been acting as President since 1 Aug 1998. Kieran Patrick Brennan joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Pcj Investment Counsel Partnership Partnership 1 Jul 1995 75% - 100% xxx-xx-xxxx
Jack Thomas Campbell Director & vice president 1 Jul 1996 Other 5719792
Pcj Investment Counsel Partnership Partnership 1 Jul 1996 75% - 100% xxx-xx-xxxx
Nereo Giovanni Piticco Director & president 1 Jul 1996 Other 5719787
Nereo G Piticco Director & president 1 Jul 1996 Other 5719787
Jack T Campbell Director & vice president 1 Jul 1996 Other 5719792
Nereo Giovanni Piticco Director & president 1 Aug 1996 Other 5719787
Michael Walter Freund Director 1 Aug 1998 Other 4503829
Heiki Enn Altosaar Vice president & chief compliance officer 1 May 2001 Other 5719793
Heiki E Altosaar Vice president, secretary & compliance officer 1 May 2001 Other 5719793
Aly Shariff Alladina Vice president 1 Oct 2005 Other 5719796
Aly Alladina Vice president 1 Oct 2005 Other 5719796
Bryan Edwin Rock Vice president 1 Jul 2009 Other 5719797
Bryan Rock Vice president 1 Jul 2009 Other 5719797
Patrick David Robitaille Corporate secretary 1 Dec 2010 Other 4933415
Adam Todd Posman Vice president 1 Aug 2011 Other 6045506
Eric Roman Hasenauer Vice president 1 Nov 2014 Other 4260318
Gary J Simonette Vice president 1 Nov 2014 Other 5376689
Kieran Patrick Brennan Vice president 1 Mar 2015 Other 5842934

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Clark & Lunn Financial Group Connor Partner 1 Jan 2003 50% - 75% xxx-xx-xxxx
Clark & Lunn Financial Group Ltd. Connor Partner 1 Jan 2003 50% - 75% xxx-xx-xxxx
Clark & Lunn Financial Group Lp Connor Partner 1 Jan 2013 50% - 75% xxx-xx-xxxx
Clark & Lunn Financial Group Ltd. Connor Partner 1 Jan 2013 75% - 100% xxx-xx-xxxx
Clark & Lunn Financial Group Gp Ltd. Connor Partner 1 Feb 2013 Other xxx-xx-xxxx
Clark & Lunn Financial Group Ltd. Connor Partner 1 Jan 2015 75% - 100% xxx-xx-xxxx
Clark & Lunn Financial Group Investment Partnership Connor Partner 1 Jan 2015 75% - 100% xxx-xx-xxxx

Based in Toronto, Ontario

The principal office where Pcj Investment Counsel Ltd. performs its advisory services is located at 130 King Street West, Toronto, Ontario, M5 X 1 C8, 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 416-955-9990 or by fax 416-363-2089. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at pcj.ca.