NORTHFRONT FINANCIAL USA INC
Adviser information for NORTHFRONT FINANCIAL USA INC last updated from Form ADV on March 8th, 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 | 4 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| 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 | 9 | $2.8M |
| Non-Discretionary | 13 | $4.3M |
| Total | 22 | $7.0M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 22 | $7.0M |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 68 |
Services
| Advisory Services | Portfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUM |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 7.0M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| NORTHFRONT FINANCIAL USA INC WRAP FEE PROGRAM | NORTHFRONT FINANCIAL USA INC |
Identifiers
| SEC RIA File Number | 801-116834 |
|---|---|
| SEC ERA File Number | 801-116834 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 301105 |
| Legal Entity Identifier | 98-1555563 |
Principal Office
#330, 23 SUNPARK DRIVE SECALGARY, ALBERTA
Canada
Monday - Friday, 7:00 AM - 4:00 PM
Tel: 403-571-8960, Fax: 403-571-8966
Chief Compliance Officer
SHAMEZ KASSAM
PRESIDENT & CHIEF COMPLIANCE OFFICER
#330, 23 SUNPARK DRIVE SE
CALGARY, ALBERTA
Canada
Tel:
403-571-8960
Fax:
403-571-8966
S************@*************M
(Full email address available in API data)
Regulatory Contact
KARL ANVIK
SHAREHOLDER & DIRECTOR
#330, 23 SUNPARK DRIVE SE
CALGARY, ALBERTA
Canada
Tel:
403-571-8960
Fax:
403-571-8966
K*********@*************M
(Full email address available in API data)
Industry Affiliates
| NORTHFRONT FINANCIAL INC. | Other investment adviser, including financial planners |
| NORTHFRONT INSURANCE CORP. | Insurance company or agency |
| NORTHFRONT WEALTH MANAGEMENT INC. | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| KASSAM, SHAMEZ, MANSUR | Individual | – | PRESIDENT & CHIEF COMPLIANCE OFFICER | 02/2019 | < 5% |
| ADY HOLDING CORP | Foreign Entity | – | SHAREHOLDER | 02/2019 | 50-75% |
| K&C ANVIK INC | Foreign Entity | – | SHAREHOLDER | 02/2019 | 25-50% |
| 1933357 ALBERTA INC | Domestic Entity | – | SHAREHOLDER | 02/2019 | 25-50% |
| KASSAM, SHAMEZ, MANSUR | Individual | 1933357 ALBERTA INC | SHAREHOLDER | 02/2019 | > 75% |
| Ady, Ashlyn | Individual | ADY HOLDING CORP | SHAREHOLDER | 02/2019 | > 75% |
| Anvik, Karl | Individual | K&C ANVIK INC | SHAREHOLDER | 02/2019 | 50-75% |
| Anvik, Cassandra | Individual | K&C ANVIK INC | SHAREHOLDER | 02/2019 | 50-75% |
| Ady, Ashlyn | Individual | – | DIRECTOR | 02/2019 | < 5% |