Jarislowsky, Fraser Limited is a large advisory firm based in Montreal Quebec. It manages $27.33 billion of regulatory assets for 4,327 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Jarislowsky, Fraser Limited provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.
The assets under management (AUM) of Jarislowsky, Fraser Limited is $27.33 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -19% since the beginning of its operation, and $27.18 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Jarislowsky, Fraser Limited for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Gabriel Pierre Lapointe is high net worth individuals with 1,975 clients and $6.46 billion of assets under management. Among the 4 most similar advisory firms, Jarislowsky, Fraser Limited has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $23 billion for 4,302 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 98% of the firm’s clients are foreign persons or businesses.
Jarislowsky, Fraser Limited also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 167 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There are 8 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.
Gabriel Pierre Lapointe has been acting as President since 1 Jan 2016. Maxime Menard joined the executive team most recently as the President And Chief Executive Officer.
The principal office where Jarislowsky, Fraser Limited performs its advisory services is located at 1010 Sherbrooke Street West, Montreal Quebec, H3 A 2 R7, 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 514-842-2727 or by fax 514-842-1882. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at jflglobal.com and its LinkedIn profile.