PALOS MANAGEMENT INC.
Adviser information for PALOS MANAGEMENT INC. last updated from Form ADV on March 29th, 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 | 18 |
|---|---|
| Investment Advisory/Research | 2 |
| 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 | 16 | $128.1M |
| Non-Discretionary | 0 | $0 |
| Total | 16 | $128.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 11 | $171,021 |
| HNW Individuals | 1 | $1.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 4 | $126.1M |
| 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 | 25 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUM |
Identifiers
| SEC RIA File Number | 801-116950 |
|---|---|
| SEC ERA File Number | 801-116950 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 304309 |
| Legal Entity Identifier | None |
Principal Office
1 PLACE VILLE MARIESUITE 1670
MONTREAL, QUEBEC
Canada
Monday - Friday, 8:00 AM TO 5:00 PM
Tel: 514-397-0188, Fax: 514-397-0199
Chief Compliance Officer
MARTIN PICARD
VICE PRESIDENT LEGAL AFFAIRS AND CCO
1 PLACE VILLE-MARIE
SUITE 1670
MONTREAL,QUEBEC
Canada
Tel:
514-307-0570
Fax:
514-397-0199
M******@*******A
(Full email address available in API data)
Industry Affiliates
| PALOS CORPORATE SERVICES | Sponsor, GP, manager of pooled investment vehicles |
| PALOS MB INC. | Sponsor, GP, manager of pooled investment vehicles |
| PALOS WEALTH MANAGEMENT | 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 |
|---|---|---|---|---|---|
| PALOS CAPITAL CORPORATION | Foreign Entity | – | OWNER | 06/2016 | > 75% |
| LIZOTTE, ALAIN, NMN | Individual | – | DIRECTOR & CHIEF FINANCIAL OFFICER | 11/2011 | < 5% |
| MARLEAU CAPITAL CORPORATION | Foreign Entity | PALOS CAPITAL CORPORATION | MAJORITY OWNER | 02/1999 | 50-75% |
| MARLEAU, CHARLES, OLIVIER | Individual | MARLEAU CAPITAL CORPORATION | PRESIDENT | 02/1999 | 50-75% |
| MARLEAU, CHARLES, OLIVIER | Individual | – | DIRECTOR | 06/2021 | < 5% |
| MARLEAU, PHILIPPE, NMN | Individual | MARLEAU CAPITAL CORPORATION | OWNER | 02/1999 | 50-75% |
| SOPAMY CONSULTING, INC. | Foreign Entity | PALOS CAPITAL CORPORATION | OWNER | 11/2019 | 25-50% |
| THE HANNA FAMILY TRUST | Foreign Entity | SOPAMY CONSULTING, INC. | OWNER | 11/2019 | > 75% |
| HANNA, PAUL | Individual | THE HANNA FAMILY TRUST | TRUSTEE | 11/2019 | 25-50% |
| HANNA, MYRIAM | Individual | THE HANNA FAMILY TRUST | TRUSTEE | 11/2019 | 25-50% |
| HANNA, GEORGE | Individual | THE HANNA FAMILY TRUST | TRUSTEE | 11/2019 | |
| PICARD, MARTIN, NMN | Individual | – | CHIEF COMPLIANCE OFFICER | 04/2021 | < 5% |
| MARLEAU, PHILIPPE, NMN | Individual | – | DIRECTOR & PRESIDENT | 06/2021 | < 5% |