Pembroke Management Ltd. (Montreal, Quebec)
Pembroke Management Ltd. is a large advisory firm based in Montreal, Quebec. It manages $1.42 billion of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2011.
Pembroke Management provides portfolio management for individuals and small businesses 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.
Pembroke Management: assets under management
The assets under management (AUM) of Pembroke Management Ltd. is $1.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 29% since the beginning of its operation, and $1.41 billion of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Pembroke Management 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 Pembroke Management serves?
The firm provides services to high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Pembroke Management is pooled investment vehicles with 10 clients and $702.25 million of assets under management. Among the 9 most similar advisory firms, Pembroke Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.42 billion for 27 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 96% of the firm’s clients are foreign persons or businesses.
Pembroke Management doesn't advise any private funds.
Careers at Pembroke Management Ltd.
The company employs 20 people that are either part- or full-time employees. 55 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.
Direct owners and executive officers
Based in Montreal, Quebec
The principal office where Pembroke Management Ltd. performs its advisory services is located at 1002 Sherbrooke Street West, Montreal, Quebec, H3 A 3 S4, 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 514-848-1991 or by fax 514-848-1725. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at pml.ca.
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