CUMBERLAND INVESTMENT COUNSEL INC.
Adviser information for CUMBERLAND INVESTMENT COUNSEL INC. last updated from Form ADV on December 21st, 2023. 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 | SEPTEMBER |
| Legal Location | Canada |
Employees
| Total Number of Employees | 21 |
|---|---|
| Investment Advisory/Research | 18 |
| Registered Broker-Dealer Representatives | 8 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 6 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 116 | $1.0B |
| Non-Discretionary | 0 | $0 |
| Total | 116 | $1.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 75 | $34.8M |
| HNW Individuals | 22 | $37.4M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 12 | $929.0M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $117,881 |
| 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 | 6 | $10.5M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 89 |
Services
| Advisory Services | Portfolio 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 | 801-41265 |
|---|---|
| SEC ERA File Number | 801-41265 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 110887 |
| Legal Entity Identifier | 549300UUPLQPERTUO99 |
Principal Office
99 YORKVILLE AVENUE, 3FTORONTO ONTARIO
Canada
Monday - Friday, 8:30AM - 5:30PM
Tel: 416-482-5337, Fax: None
Websites
Chief Compliance Officer
SHIRLEY HOM
SECRETARY-TREASURER
99 YORKVILLE AVENUE, 3F
TORONTO, ONTARIO
Canada
Tel:
416-482-5337
S*******@******A
(Full email address available in API data)
Regulatory Contact
ANDREW ANDERSON
PRESIDENT
99 YORKVILLE AVENUE, 3F
TORONTO, ONTARIO
Canada
Tel:
416-413-4061
A******@*******************A
(Full email address available in API data)
Industry Affiliates
| CUMBERLAND PRIVATE WEALTH MANAGEMENT INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| NCM INVESTMENTS | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HOM, SHIRLEY | Individual | – | SECRETARY-TREASURER/CHIEF COMPLIANCE OFFICER | 09/2004 | < 5% |
| CUMBERLAND PARTNERS LTD. | Foreign Entity | – | SHAREHOLDER | 01/2007 | > 75% |
| CONNOR, GERALD, RAYMOND | Individual | – | DIRECTOR | 02/2007 | < 5% |
| SIMS, CHARLES, ROBERT | Individual | – | DIRECTOR | 04/2016 | < 5% |
| CPL HOLDINGS LTD. | Foreign Entity | CUMBERLAND PARTNERS LTD. | SHAREHOLDER | 05/2018 | 25-50% |
| Perron, Gary, Edmond | Individual | CPL TRUST | BENEFICIARY | 04/2018 | > 75% |
| ANDERSON, DAVID, ANDREW | Individual | – | PRESIDENT | 05/2020 | < 5% |
| ANDERSON, DAVID, ANDREW | Individual | – | DIRECTOR | 06/2022 | < 5% |
| CPL TRUST | Foreign Entity | CPL HOLDINGS LTD. | SHAREHOLDER | 04/2018 | > 75% |
| Perron, Gary, Edmond | Individual | CPL TRUST | TRUSTEE | 04/2018 | |
| Perron, Jacquelyn, Ann | Individual | CPL TRUST | TRUSTEE | 04/2018 | |
| Perron, Shawnalynn | Individual | CPL TRUST | TRUSTEE | 04/2018 |