Pcj Investment Counsel Ltd. (Toronto, Ontario)

Name: Pcj Investment Counsel Ltd.
Address: 130 King Street West, Toronto, Ontario, M5 X 1 C8
Telephone: 416-955-9990

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. 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 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.