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Letko Brosseau Investment Management Inc (Montreal, Quebec)


Letko Brosseau Investment Management Inc is a large advisory firm based in Montreal, Quebec. It manages $20.89 billion of regulatory assets for 2,534 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Florida, Massachusetts, and Nevada.

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Letko Brosseau Investment 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.

Letko Brosseau Investment Management: assets under management

The assets under management (AUM) of Letko Brosseau Investment Management Inc is $20.89 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 164142% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $20.89 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.25 million each.
Letko Brosseau Investment Management has custody of $72.58 million in cash and securities for 35 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Letko Brosseau Investment Management Inc for their services and products based on a percentage of assets under management. 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.

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Daniel Brosseau Common shares 1 Oct 1987 25% - 50% 4909024
Peter Letko Common shares 1 Oct 1987 25% - 50% 4909030
Daniel Brosseau Common shares 1 Mar 2010 75% - 100% 4909024
Peter Letko Common shares 1 Mar 2010 75% - 100% 4909030
4554361 Canada Inc. Common shares 1 Mar 2010 25% - 50% n/a
4554353 Canada Inc. Common shares 1 Mar 2010 25% - 50% n/a

Based in Montreal, Quebec

The principal office where Letko Brosseau Investment Management Inc performs its advisory services is located at 1800 Mcgill College Avenue, Suite 2510, Montreal, Quebec, H3 A 3 J6, 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 1-800-307-8557 or by fax 514-499-0361. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lba.ca.


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