Sky Investment Counsel Inc. (Toronto, On)


Sky Investment Counsel Inc. is a large advisory firm based in Toronto, On. It manages $1.75 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2004.

Sky Investment Counsel 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.

Sky Investment Counsel: assets under management

The assets under management (AUM) of Sky Investment Counsel Inc. is $1.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $124.84 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sky Investment Counsel 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.

Careers at Sky Investment Counsel Inc.

David Alan Williams has been acting as President since 1 Aug 2004. William Winston Marlowe Ashby joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jennifer Lynn Witterick President, ceo, cco 1 Mar 2004 50% - 75% 4591199
Hager & North Investment Management Ltd Phillips Share 1 Aug 2004 25% - 50% 108387
Gordon & Payne Inc. Foyston Share 1 Aug 2004 Other 121591
David Alan Williams Director 1 Aug 2004 Other 4866949
Anthony Frederick Hamblin Director 1 Aug 2004 Other 4866951
Thomas Arthur Bradley Director 1 Aug 2004 Other 4346367
John Salvatore Montalbano Director 1 Jun 2005 Other 4748560
Anthony Rex Gage Director 1 Apr 2007 Other 4346657
Brian Robert Goldstein Portfolio manager & chief compliance officer 1 Apr 2008 Other 4591197
Paul Murray Blake Analyst and trader 1 Apr 2008 Other 5568200
Moya Murray Operations expert 1 Apr 2008 Other 5568201
Sean William Gary Davey Analyst 1 Apr 2008 Other 5568204
Robert Quinn Mclean Analyst 1 Apr 2008 Other 5568202
William Winston Marlowe Ashby Director 1 Apr 2013 Other 4969000

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Royal Bank Of Canada Owner 1 Oct 1994 75% - 100% 13-5357855
Royal Bank Holding Inc. Owner 1 Feb 2008 75% - 100% foreign
4444604 Canada Inc. Owner 1 May 2008 75% - 100% foreign

Based in Toronto, On

The principal office where Sky Investment Counsel Inc. performs its advisory services is located at 1 Adelaide Street East, Toronto, On, M5 C 2 V9, 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 4166237500 or by fax 4166237522. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.skyic.com.