Private fund adviser · Toronto, Canada
Hillsdale Investment Management Inc.
SEC-registered investment adviser · CRD 137883 · SEC 801-65665
At a glance
Hillsdale Investment Management Inc. is an SEC-registered investment adviser based in Toronto, Canada, with $7.8 billion in regulatory assets under management as of its Form ADV filed August 19, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 170 individual clients. By Form ADV it is a private fund adviser, ranked 727th of 4,686 private fund advisers and 1,601st of 17,210 SEC-registered advisers by assets.
Main office 416-913-3900hillsdaleinv.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $7.8B
- Rank among private fund advisers
- #727 of 4,686
- Rank among all SEC RIAs
- #1,601 of 17,210
- Individual clients
- 170
- High-net-worth clients
- 62
- Accounts
- 230
- Discretionary
- 100% of AUM
- Employees
- 46
- Advisory staff
- 35
- Offices
- 1
Owners and executives on its Form ADV
- Albert C. GuthrieChief Executive Officer
- Eric WeiderDirector
- John F. CliffordDirector
- Harry S. MarmerExecutive Vice-President
- Ian D. RhodenSenior Vice-President Finance
- Kelly L. ReynoldsChief Operating Officer, Chief Compliance Officer
- Jonathan E. SpinneyDirector
- Theodore (tai-Chun) ChenCo-Chief Investment Officer
- Chirstopher J. DesantisSVP Institutional Investment Services
- Raishabh DesaiSVP Institutional Investment Services
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 25 | $6.7B | 86% |
| State or municipal government entities | 11 | $921M | 12% |
| Pension and profit sharing plans | – | $130M | 2% |
| High-net-worth individuals | 62 | $17M | <1% |
| Corporations or other businesses | 21 | $10M | <1% |
| Individuals | 108 | $3M | <1% |
Private funds
Hillsdale Investment Management Inc. reports 6 private funds with $1.2B in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Hillsdale Investment Management Inc. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗hillsdaleinv.com ↗
AtlasMembers
The full record on Hillsdale Investment Management Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 1,101 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 10 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Hillsdale Investment Management Inc. manage?
Hillsdale Investment Management Inc. reports $7.8 billion in regulatory assets under management across 230 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 19, 2026.
What kind of firm is Hillsdale Investment Management Inc.?
Hillsdale Investment Management Inc. is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Hillsdale Investment Management Inc.’s clients?
By assets, its largest client types are pooled investment vehicles ($6.7 billion, 25 clients); state or municipal government entities ($921 million, 11 clients); pension and profit sharing plans ($130 million).
Does Hillsdale Investment Management Inc. manage private funds?
Yes. It reports 6 private funds with $1.2 billion in gross assets, including hedge funds.
Does Hillsdale Investment Management Inc. have any disciplinary history?
Hillsdale Investment Management Inc. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Hillsdale Investment Management Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-19), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →