Inverlochy Capital, Inc. (Bobcaygeon, Ontario)

Name: Inverlochy Capital, Inc.
Address: 464 Fairbairn Road, Bobcaygeon, Ontario, K0 M 1 A0
Telephone: 705-887-6953

Inverlochy Capital, Inc. is an adviser based in Bobcaygeon, Ontario. It manages $22.33 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Inverlochy Capital provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Inverlochy Capital: assets under management

The assets under management (AUM) of Inverlochy Capital, Inc. is $22.33 million. The firm's AUM has grown by 45% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19.23 million in discretionary accounts and $3.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $392.51 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.1 million.

Investments

The firm invests in investment and business development companies the most. They account for 42% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 31% of the firm’s portfolio. Investments in exchange traded securities form 27% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Inverlochy Capital, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 William Glen Morrison serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of William Glen Morrison is high net worth individuals with 12 clients and $16.72 million of assets under management. Among the 1 most similar advisory firms, Inverlochy Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $22.33 million for 25 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Inverlochy Capital doesn't advise any private funds.

Careers at Inverlochy Capital, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

William Glen Morrison has been acting as President since 1 Jul 2004. Inverlochy Capital Ltd joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Glen Morrison	President/principal	1 Jul 2004	Other	4832401
Inverlochy Capital Ltd	Owner	1 Jan 2016	75% - 100%	foreign entity

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Glen Morrison	Owner	1 Aug 2014	75% - 100%	4832401
Inverlochy Capital Group Ltd.	Owner	1 Jan 2016	75% - 100%	foreign entity

Based in Bobcaygeon, Ontario

The principal office where Inverlochy Capital, Inc. performs its advisory services is located at 464 Fairbairn Road, Bobcaygeon, Ontario, K0 M 1 A0, which is also the mailing address of the firm. An additional office of the firm is in Katonah, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 705-887-6953 or by fax 705-887-5938. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at inverlochycapital.com.