Rempart Asset Management Inc. (Montreal, Quebec)

Name: Rempart Asset Management Inc.
Address: 4 Place Ville Marie, Montreal, Quebec, H3 B2 E7
Telephone: 514-394-2776

Rempart Asset Management Inc. is a large advisory firm based in Montreal, Quebec. It manages $532 million of regulatory assets for 360 client accounts. It has been registered with the SEC as an adviser since 2010.

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

Rempart Asset Management: assets under management

The assets under management (AUM) of Rempart Asset Management Inc. is $532 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 40% since the beginning of its operation, and $489 million of the total AUM is attributable to clients outside of the United States.

The firm manages $532 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.48 million each.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rempart Asset Management Inc. 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.

What kind of clients Douglas Robert Buchanan serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Douglas Robert Buchanan is high net worth individuals with 355 clients and $470 million of assets under management. Among the 6 most similar advisory firms, Rempart Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $532 million for 360 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 92% of the firm’s clients are foreign persons or businesses.

Rempart Asset Management doesn't advise any private funds.

Careers at Rempart Asset 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 are 6 people 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.

Douglas Robert Buchanan has been acting as President since 1 Feb 2010. David Gerard Buma joined the executive team most recently as the Associate Portfolio Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Robert Buchanan	President	1 Feb 2010	50% - 75%	4709750
David James Stenason	Managing director	1 Feb 2010	25% - 50%	5031989
Malcolm Andrew Speirs	Portfolio manager	1 Feb 2010	Other	5031985
Douglas Buchanan	President	1 Feb 2010	50% - 75%	4709750
Albert Scott Fraser	Director	1 Feb 2010	Other	5031980
Natalina Circelli	Director	1 Sep 2011	Other	6009218
David Gerard Buma	Associate portfolio manager	1 Apr 2018	Other	7051056

Based in Montreal, Quebec

The principal office where Rempart Asset Management Inc. performs its advisory services is located at 4 Place Ville Marie, Montreal, Quebec, H3 B2 E7, 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 514-394-2776 or by fax 514-394-2779. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at rempart.ca.