Northleaf Capital Advisors Ltd. (Toronto, Ontario)

Name: Northleaf Capital Advisors Ltd.
Address: 79 Wellington Street W, Toronto, Ontario, M5 K 1 N9
Telephone: 416-477-6701

Northleaf Capital Advisors Ltd. is a mid-sized advisory firm based in Toronto, Ontario. It manages $84.1 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2009.

Northleaf Capital Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Northleaf Capital Advisors: assets under management

The assets under management (AUM) of Northleaf Capital Advisors Ltd. is $84.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 180% since the beginning of its operation, and $84.1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $84.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $42.05 million each.

Northleaf Capital Advisors has custody of $19.56 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Northleaf Capital Advisors 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 Stuart Douglas Waugh serves?

The only and largest group of clients of Stuart Douglas Waugh is pooled investment vehicles with 2 clients and $84.1 million of assets under management. Among the 5 most similar advisory firms, Northleaf Capital Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $84.1 million for 2 clients. 100% of the firm’s clients are foreign persons or businesses.

Northleaf Capital Advisors also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Northleaf Capital Advisors Ltd.

The company employs 77 people that are either part- or full-time employees. 30 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.

Stuart Douglas Waugh has been acting as President since 1 Nov 2009. The Waugh Family Trust joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael William Flood	Managing director/director	1 Aug 2007	Other	5417162
Stuart Douglas Waugh	Managing director/director	1 Aug 2007	Other	5416789
Gavin Foo	Chief financial officer	1 Nov 2007	Other	5622844
Jeffrey Edward George Pentland	Managing director/director	1 Dec 2008	Other	5417165
Katherine Gurney	General counsel, chief compliance officer & secretary	1 Dec 2008	Other	5638782
Melissa Watson Mcjannet	Indirect owner	1 Dec 2008	25% - 50%	5417171
David Charles Austin	Managing director/director	1 Dec 2008	Other	5417167
Ian Carew	Vice president	1 Dec 2008	Other	5638787
Stuart Douglas Waugh	Managing director and managing partner/director	1 Nov 2009	Other	5416789
Northleaf Capital Partners Ltd.	Direct owner	1 Nov 2009	75% - 100%	00-0000000
Ian Carew	Director	1 Feb 2010	Other	5638787
Jamie David Ross Storrow	Managing director	1 Oct 2010	Other	6146662
Daniel A Dupont	Managing director	1 Aug 2011	Other	5919589
George Albert Zakem	Managing director	1 Feb 2012	Other	6146665
Jeffrey Theodorus Lucassen	Chief financial officer	1 Nov 2017	Other	4973522

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Northleaf Capital Group Ltd.	Shareholder-voting special shares	1 Jan 2016	75% - 100%	000000000
Stuart Douglas Waugh	Trustee	1 Jan 2016	Other	5416789
Michael William Flood	Trustee	1 Jan 2016	Other	5417162
The Flood Family Trust (2012)	Shareholder	1 Jan 2016	25% - 50%	000000000
Andrea Jill Burgin	Trustee	1 Jan 2016	Other	6787507
The Waugh Family Trust	Shareholder	1 May 2018	25% - 50%	00-0000000
The Pentland Family Trust	Shareholder	1 May 2018	25% - 50%	00-0000000
Stuart Douglas Waugh	Trustee	1 May 2018	Other	5416789
Jeffrey Edward George Pentland	Trustee	1 May 2018	Other	5417165
Esther J. Waugh	Trustee	1 May 2018	Other	7057082
Astrid Guttmann	Trustee	1 May 2018	Other	7057083

Based in Toronto, Ontario

The principal office where Northleaf Capital Advisors Ltd. performs its advisory services is located at 79 Wellington Street W, Toronto, Ontario, M5 K 1 N9, 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 416-477-6701 or by fax 416-304-0195. The normal business hours are 9:00 am - 5:00 pm est on Monday - Friday. You can find more information about the New York firm at northleafcapital.com/.