Dorchester Wealth Management Company (Montreal)

Name: Dorchester Wealth Management Company
Address: 1100 Rene Levesque Blvd. West, Montreal, H3 B 4 N4
Telephone: 514-861-5841

Dorchester Wealth Management Company is a large advisory firm based in Montreal. It manages $738.73 million of regulatory assets for 864 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and Florida.

Dorchester Wealth Management Company provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dorchester Wealth Management Company: assets under management

The assets under management (AUM) of Dorchester Wealth Management Company is $738.73 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 11% since the beginning of its operation, and $704.95 million of the total AUM is attributable to clients outside of the United States.

The firm manages $738.73 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $855.02 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dorchester Wealth Management Company for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Brian Trevor Howard serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Brian Trevor Howard is corporations or other businesses with 187 clients and $351.15 million of assets under management. Among the 7 most similar advisory firms, Dorchester Wealth Management Company has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $738.73 million for 864 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.

Dorchester Wealth Management Company doesn't advise any private funds.

Careers at Dorchester Wealth Management Company

The company employs 12 people that are either part- or full-time employees. 100 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.

Brian Trevor Howard has been acting as President since 1 Apr 2015. Focus Financial Partners Inc. joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Isabella Helene Wehrli	Director, secretary, chief compliance officer	1 Apr 2015	Other	4365626
Brian Trevor Howard	Director	1 Apr 2015	Other	4365620
Arthur Bruce Gill	Director	1 Apr 2015	Other	4365619
Robert Bard	President, director	1 Apr 2015	Other	5517735
David Victor Sheridan	Director	1 Apr 2015	Other	4634174
Llc Focus Canada Holdings	Shareholder	1 Apr 2015	75% - 100%	foreign
Robert Elliott Bard	President, director	1 Apr 2015	Other	5517735

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Financial Partners	Member	1 Jan 2007	75% - 100%	16-1728260
L.P. Cp Falcon Aiv	Member	1 Oct 2013	25% - 50%	36-4767158
Llc Focus Operating	Member (manager)	1 Apr 2015	75% - 100%	20-8161914
L.P. Trident Vi Parallel Fund	Member	1 Apr 2017	75% - 100%	98-1132009
Trident Vi Parallel Fund L.P.	Member	1 Apr 2017	75% - 100%	98-1132009
Trident Ffp Blocker Llc	Limited partner	1 May 2017	25% - 50%	82-1662776
L.P. Trident Vi	Limited partner	1 May 2017	25% - 50%	98-1131820
L.P. Trident Ffp	Member	1 Jul 2017	25% - 50%	82-1662703
Focus Financial Partners Inc.	Member	1 Jul 2018	75% - 100%	47-4780811

Based in Montreal

The principal office where Dorchester Wealth Management Company performs its advisory services is located at 1100 Rene Levesque Blvd. West, Montreal, H3 B 4 N4, 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 514-861-5841 or by fax 514-875-6779. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at dorchesterwealth.com.