Asset manager · Montreal, Quebec, Canada
Montrusco Bolton Investments Inc.
SEC-registered investment adviser · CRD 154475 · SEC 801-71803
At a glance
Montrusco Bolton Investments Inc. is an SEC-registered investment adviser based in Montreal, Quebec, Canada, with $12.9 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is banking or thrift institutions, and it reports 10 individual clients. By Form ADV it is a asset manager, ranked 454th of 3,218 asset managers and 1,157th of 17,210 SEC-registered advisers by assets.
Main office 514-842-6464montruscobolton.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $13B
- Rank among asset managers
- #454 of 3,218
- Rank among all SEC RIAs
- #1,157 of 17,210
- Individual clients
- 10
- High-net-worth clients
- 10
- Accounts
- 564
- Discretionary
- 93% of AUM
- Employees
- 68
- Advisory staff
- 16
- Offices
- 6
Owners and executives on its Form ADV
- Benoit BourdagesVice President, Operations and Data Analytics
- Jean-Claude AyotteSenior Vice President, Corporate Affairs
- Sylvain BoulePresident & Chief Executive Officer
- Timothy RussellVice President, Client Servicing
- Ginette TherienSenior Vice President, Governance and Chief Compliance Officer
- John-Henri GoldsmithHead of Canadian Equities
- Richard GuaySenior Vice President, Institutional Markets
- Jean-David MelocheHead of Global Equities
- Olivier BarresVice President, Fixed Income and Client Servicing
- Simon SimonianPortfolio Manager
- Claude-Andre DuquetteSenior Vice President, Head of Business Development and Marketing
- Robert HiscockPortfolio Manager
Custody and brokerage
2 custodians
- National Bank Trust$4.7B85%
- State Street$844M15%
Other RIAs using National Bank TrustOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Banking or thrift institutions | – | $4.7B | 36% |
| Pooled investment vehicles | 258 | $3.9B | 30% |
| Investment companies | 19 | $2.1B | 16% |
| State or municipal government entities | – | $1.2B | 9% |
| Pension and profit sharing plans | 14 | $551M | 4% |
| Charitable organizations | 20 | $315M | 2% |
| Corporations or other businesses | 16 | $133M | 1% |
| Insurance companies | 6 | $41M | <1% |
| High-net-worth individuals | 10 | $20M | <1% |
Private funds
Montrusco Bolton Investments Inc. reports 2 private funds with $767M in gross assets: private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Montrusco Bolton Investments Inc. reports no disciplinary disclosures in Item 11 of Form ADV. 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 ↗montruscobolton.com ↗
AtlasMembers
The full record on Montrusco Bolton Investments 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
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- Growth over one, three and five years
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- Rank against 492 peers of its type and size
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- Owners and executives, with titles and stakes
- 23 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Montrusco Bolton Investments Inc. manage?
Montrusco Bolton Investments Inc. reports $12.9 billion in regulatory assets under management across 564 accounts, 93% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is Montrusco Bolton Investments Inc.?
Montrusco Bolton Investments Inc. is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Montrusco Bolton Investments Inc.’s clients?
By assets, its largest client types are banking or thrift institutions ($4.7 billion); pooled investment vehicles ($3.9 billion, 258 clients); investment companies ($2.1 billion, 19 clients).
Does Montrusco Bolton Investments Inc. manage private funds?
Yes. It reports 2 private funds with $767 million in gross assets, including private equity funds.
Does Montrusco Bolton Investments Inc. have any disciplinary history?
Montrusco Bolton Investments Inc. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Montrusco Bolton Investments 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 (2026-03-31), 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 →