Cougar Global Investments Limited (Toronto)

Name: Cougar Global Investments Limited
Address: Scotia Plaza 40 King Street West, Toronto, M5 H 3 Y2
Telephone: 416-368-5255

Cougar Global Investments Limited is a large advisory firm based in Toronto. It manages $1.23 billion of regulatory assets for 7,558 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Colorado, Florida, and 4 other states.

Cougar Global Investments Limited provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Cougar Global Investments Limited: assets under management

The assets under management (AUM) of Cougar Global Investments Limited is $1.23 billion. The firm's AUM has grown by 712% since the beginning of its operation, and $157.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $163.2 million in discretionary accounts and $1.06 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $611.23 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $145.64 thousand.

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 a single stream of revenue. Clients pay Cougar Global Investments Limited 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.

What kind of clients Donald G Baker serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Donald G Baker is high net worth individuals with 75 clients and $57.67 million of assets under management. Among the 7 most similar advisory firms, Cougar Global Investments Limited has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $163.2 million for 266 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.

Cougar Global Investments Limited doesn't advise any private funds.

Careers at Cougar Global Investments Limited

The company employs 14 people that are either part- or full-time employees. 43 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 6 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 don’t receive compensation from other entities for client referrals.

Donald G Baker has been acting as President since 1 Dec 1993. Atsuko Hiraoka joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Earl James Breech	President, ceo & cio, cco	1 Dec 1993	Other	4376691
Donald G Baker	Director	1 Dec 1993	Other	4376689
R Peter Mclaughlin	Director & corporate secretary	1 Jan 1998	Other	4376688
Greenbriar Holdings Limited	Shareholder	1 Apr 1998	25% - 50%	foreign
Arthur Hounsell	Svp operations	1 Apr 1999	Other	4378629
Gwyer F Moore	Director & vice-chairman	1 Oct 2006	Other	5311088
Deborah K Frame	Vp investments & chief compliance officer	1 Nov 2009	Other	5755038
Paul Mclaughlin	Director	1 Sep 2014	Other	6450111
Inc. Raymond James Financial	Shareholder	1 Apr 2015	75% - 100%	59-1517485
Richard John Rossi	Director	1 Apr 2015	Other	1291357
James Cooper Abbott	Director	1 Apr 2015	Other	4441987
Paul Dixon Allison	Director	1 Apr 2015	Other	4370699
Courtland W James	Director	1 Apr 2015	Other	3226536
Courtland Wolfe James	Director	1 Apr 2015	Other	3226536
Raymond James International Holdings Canada	Shareholder	1 Apr 2015	75% - 100%	47-3170409
Damian Daniel Sousa	Chief compliance officer	1 Jun 2015	Other	2061882
Valerie Cindy Marseille	Chief compliance officer	1 Nov 2016	Other	6751538
Valerie Marseille	Chief compliance officer	1 Nov 2016	Other	6733903
Atsuko Hiraoka	Chief operating officer	1 Jun 2017	Other	7054000

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Raymond James Financial Inc	Shareholder	1 Apr 2015	75% - 100%	59-1517485
Raymond James International Holdings	Shareholder	1 Apr 2015	75% - 100%	52-1866614

Based in Toronto

The principal office where Cougar Global Investments Limited performs its advisory services is located at Scotia Plaza 40 King Street West, Toronto, M5 H 3 Y2, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 416-368-5255 or by fax 416-368-7738. The normal business hours are 8:45 a.m.- 4:45 p.m. on Monday - Friday. You can find more information about the New York firm at cougarglobal.com.