Wealhouse Capital Limited Partnership is an adviser based in Toronto, Ontario. It manages $626.49 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2016.
Wealhouse Capital Limited Partnership provides portfolio management for individuals and small businesses and 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.
The assets under management (AUM) of Wealhouse Capital Limited Partnership is $626.49 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -11% since the beginning of its operation, and $626.49 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wealhouse Capital Limited Partnership for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Wealhouse Capital Limited Partnership is high net worth individuals with 4 clients and $355.67 million of assets under management. Among the 7 most similar advisory firms, Wealhouse Capital Limited Partnership has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $523.77 million for 8 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.
Wealhouse Capital Limited Partnership doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 44 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Scott Andrew Morrison has served as the Chief Investment Officer since 1 Jul 2008. 2543748 Ontario Ltd. joined the executive team most recently as the Shareholder.
The principal office where Wealhouse Capital Limited Partnership performs its advisory services is located at 401 Bay Street, Toronto, Ontario, M5 H 2 Y4, 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 416-644-1190 or by fax 416-644-3612. 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 wealhouse.com/.