Fairbank Investment Management Limited is a large advisory firm based in Thornhill, Ontario. It manages $122.1 million of regulatory assets for 76 client accounts. It has been registered with the SEC as an adviser since 2019.
Fairbank Investment Management Limited 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 Fairbank Investment Management Limited is $122.1 million, all of which is managed in discretionary accounts. $117.6 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Fairbank Investment Management Limited for their services and products based on a percentage of assets under management. 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.
The firm provides services to high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Fairbank Investment Management Limited is high net worth individuals with 60 clients and $79.54 million of assets under management. Among the 8 most similar advisory firms, Fairbank Investment Management Limited has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $122.1 million for 77 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 96% of the firm’s clients are foreign persons or businesses.
Fairbank Investment Management Limited doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 71 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.
The principal office where Fairbank Investment Management Limited performs its advisory services is located at 7822 Yonge Street, Thornhill, Ontario, L4 J 1 W3, 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 905-707-1991 or by fax 905-707-1970. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at fairbankim.ca/.