Pembroke Management Ltd. (Montreal, Quebec)


Pembroke Management Ltd. is a large advisory firm based in Montreal, Quebec. It manages $1.42 billion of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2011.

Pembroke 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.

Pembroke Management: assets under management

The assets under management (AUM) of Pembroke Management Ltd. is $1.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 29% since the beginning of its operation, and $1.41 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.42 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.51 million each.

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 several streams of revenue. Clients pay Pembroke Management 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 Pembroke Management serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Pembroke Management is pooled investment vehicles with 10 clients and $702.25 million of assets under management. Among the 9 most similar advisory firms, Pembroke Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.42 billion for 27 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 96% of the firm’s clients are foreign persons or businesses.

Pembroke Management doesn't advise any private funds.

Careers at Pembroke Management Ltd.

The company employs 20 people that are either part- or full-time employees. 55 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Angus Scott Taylor Shareholder, vice-chairman and director 1 Sep 1968 Other 5864593
Ian Alexander Soutar Shareholder, vice-chairman and director 1 Sep 1968 Other 5864597
Allan Ian Aitken Shareholder, chief executive officer, president and director 1 Dec 1989 Other 5864587
Jeffrey Stewart Tory Shareholder, chairman and director 1 Dec 1989 Other 5864600
Michael Patrick Mclaughlin Shareholder, chief financial officer, chief compliance officer and director 1 Dec 1990 Other 5864582
Michael Carter Shannon Shareholder, vice-president and director 1 Jan 1996 Other 5864602
Nicolas Gilles Chevalier Shareholder, vice president and director 1 Jan 2001 Other 5864590
Stephen Hui Portfolio manager 1 Jan 2014 Other 6316678
Douglas M Pospisil Portfolio manager 1 Jan 2014 Other 6316680
James Matthew Beckerleg Portfolio manager 1 Jan 2014 Other 3259324
David William Lafontaine Whittall Chief risk officer 1 Jan 2017 Other 4398427

Based in Montreal, Quebec

The principal office where Pembroke Management Ltd. performs its advisory services is located at 1002 Sherbrooke Street West, Montreal, Quebec, H3 A 3 S4, 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 514-848-1991 or by fax 514-848-1725. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at pml.ca.