Hedge Fund Database

LORNE STEINBERG WEALTH MANAGEMENT INC.

Adviser information for LORNE STEINBERG WEALTH MANAGEMENT INC. last updated from Form ADV on March 18th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location Canada

Employees

Total Number of Employees 15
Investment Advisory/Research 11
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 2,120 $592.7M
Non-Discretionary 0 $0
Total 2,120 $592.7M

Clients

Type Number RAUM
Individuals 723 $50.1M
HNW Individuals 198 $242.3M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 3 $284.4M
Pension and profit sharing plans 0 $0
Charitable organizations <5 $1.6M
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other <5 $14.3M
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 93
No. of Financial Planning Clients 51-100

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients
Compensation % of AUMPerformance-based fees

Identifiers

SEC RIA File Number 801-113179
SEC ERA File Number 801-113179
SEC CIK Numbers 1851362
SEC CRD Numbers 290262
Legal Entity Identifier 549300N1S4S2I6HZOS23

Principal Office

1000 DE LA GAUCHETIERE STREET WEST
SUITE 3310
MONTREAL, QUEBEC
Canada
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 514-876-9888, Fax: 514-876-9888

Websites

www.steinbergwealth.com www.facebook.com/steinbergwealth/ www.linkedin.com/company/lorne-steinberg-wealth-management-inc www.twitter.com/steinbergwealth

Chief Compliance Officer

GEOFFREY SMITH
DIRECTOR, PORTFOLIO MANAGER
1000 DE LA GAUCHETIERE STREET WEST
SUITE 3310
MONTREAL, QUEBEC
Canada
Tel: 514-876-9888
Fax: 514-876-9994
(Full email address available in API data)

Regulatory Contact

LORNE STEINBERG
PRESIDENT
1000 DE LA GAUCHETIERE STREET WEST
SUITE 3310
MONTREAL, QUEBEC
Canada
Tel: 514-876-9888
Fax: 514-876-9994
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
Smith, Geoffrey Individual – CHIEF COMPLIANCE OFFICER 11/2010 < 5%
STEINBERG, LORNE Individual – PRESIDENT 04/2009 > 75%

No. Employees, Historic

2010020202021202220232024202510 on 3/30/202010 on 6/29/202012 on 3/31/202112 on 3/30/202212 on 4/27/202214 on 3/29/202315 on 3/18/2024

RAUM, Historic

600M300M0202020212022202320242025457887000 on 3/30/2020457887000 on 6/29/2020465614000 on 3/31/2021577713153 on 3/30/2022577713153 on 4/27/2022489008770 on 3/29/2023592705945 on 3/18/2024

No. Clients, Historic

1,0005000202020212022202320242025784 on 3/30/2020784 on 6/29/2020808 on 3/31/2021837 on 3/30/2022837 on 4/27/2022858 on 3/29/2023924 on 3/18/2024

Holdings

From latest 13F, filed July 18th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
Adobe Systems Inc. COM 5M 9K –
Allstate Corporation COM 8M 53K –
Alphabet Inc. Class A CAP STK CL A 11M 61K –
Alphabet Inc. Class C CAP STK CL C 699K 4K –
Amazon.Com Inc COM 7M 37K –
American Express Co. COM 8M 33K –
Apple Inc. COM 3M 16K –
Bank of Montreal COM 6M 69K –
Bank of Nova Scotia COM 7M 145K –
Baytex Energy Corp. COM 242K 70K –
BCE Inc. COM NEW 3M 102K –
Becton Dickinson & Co COM 6M 25K –
Berkshire Hathaway B CL B NEW 9M 23K –
BERKSHIRE HATHAWAY CL A CL A 612K 1 –
Brookfield Corp COM 6M 138K –
Cdn Imperial Bank of Commerce COM 8M 161K –
Cdn National Railway COM 6M 50K –
CDN Natural Resources LTD COM 263K 7K –
Cdn Pacific KC Railway Ltd COM 6M 79K –
Cenovus Energy Inc. COM 678K 35K –
Cisco Systems Inc COM 5M 114K –
Corteva Inc. COM 6M 112K –
Costco Wholesale Corp COM 298K 351 –
CVS Health Corporation COM 6M 99K –
Diageo PLC ADR SPONSORED ADR 6M 50K –
Electronic Arts Inc COM 6M 44K –
Eli Lilly & Co COM 300K 331 –
Ferrari N.V. COM 4M 10K –
Goldman Sachs COM 8M 17K –
Humana Inc. COM 299K 800 –
iShares iBoxx $ High Yield Corporat ETF 2M 27K –
iShares MSCI World ETF ETF 489K 3K –
Johnson & Johnson COM 5M 32K –
JPMorgan Chase & Co COM 8M 39K –
Kenvue Inc COM 3M 155K –
Kraft Heinz Company COM 4M 110K –
Magna International Inc. COM 3M 73K –
Manulife Financial Corp COM 5M 194K –
McDonalds Corp COM 277K 1K –
Merck & Company COM 325K 3K –
Meta Platforms CL A 11M 21K –
Microsoft Corp COM 13M 28K –
Middleby Corp COM 3M 25K –
Morgan Stanley COM NEW 5M 53K –
Nike Inc.Cl B CL B 3M 36K –
Nutrien Ltd COM 4M 82K –
NVidia COM 437K 4K –
Open Text Corp COM 4M 119K –
Procter and Gamble COM 416K 3K –
Rogers Communications COM 3M 91K –
Royal Bank of Canada COM 11M 104K –
Scotts Miracle-Gro Co. CL A 2M 36K –
Smith & Nephew PLC ADR SPDN ADR NEW 6M 231K –
SPDR Bloomberg Barclays High Yield Bond ETF ETF 1M 13K –
Starbucks Corp COM 4M 46K –
State Street Corp COM 3M 40K –
Sun Life Financial Inc. COM 6M 113K –
Taiwan Semiconductor Mfg ADR SPONSORED ADR 8M 47K –
TC Energy Corp. COM 7M 176K –
Telus Corp COM 4M 250K –
Toronto Dominion Bank COM NEW 7M 133K –
Tractor Supply Co COM 5M 18K –
Unilever PLC ADR SPON ADR NEW 5M 82K –
Veren COM NEW 624K 79K –
Viatris Inc COM 7M 642K –
Visa Inc. COM 7M 28K –
Walt Disney Co. COM 6M 64K –
Warner Bros. Discovery Inc. Class A COM SER A 2M 230K –