Northwater Capital Management Inc. (Toronto, Ontario)

Northwater Capital Management Inc. is an adviser based in Toronto, Ontario. It manages $5.45 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001.

Northwater Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Northwater Capital Management: assets under management

The assets under management (AUM) of Northwater Capital Management Inc. is $5.45 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.72 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Northwater Capital Management Inc. 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 Northwater Capital Management serves?

The only and largest group of clients of Northwater Capital Management is pooled investment vehicles with 2 clients and $5.45 million of assets under management. Among the 6 most similar advisory firms, Northwater Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.45 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Northwater Capital Management also advises several private funds. Namely, two venture capital funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Northwater Capital Management Inc.

The company employs 8 people that are either part- or full-time employees. 63 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

Indirect Owners

The SEC currently registers 2 indirect owners.

Based in Toronto, Ontario

The principal office where Northwater Capital Management Inc. performs its advisory services is located at 161 Bay Street, Suite 4000, Toronto, Ontario, M5 J 2 S1, 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 416-360-5435 or by fax 416-360-0671. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at northwatercapital.com.

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