Asset manager · Toronto, Ontario, Canada
PCJ Investment Counsel LTD.
SEC-registered investment adviser · CRD 174083 · SEC 801-80724
At a glance
PCJ Investment Counsel LTD. is an SEC-registered investment adviser based in Toronto, Ontario, Canada, with $924 million in regulatory assets under management as of its Form ADV filed June 26, 2026. Its largest client group by assets is other investment advisers. By Form ADV it is a asset manager, ranked 1,396th of 3,218 asset managers and 5,616th of 17,210 SEC-registered advisers by assets.
Main office 416-862-2020LinkedInAs filed on Form ADV
- Regulatory AUM
- $924M
- Rank among asset managers
- #1,396 of 3,218
- Rank among all SEC RIAs
- #5,616 of 17,210
- Clients
- 2
- Accounts
- 7
- Discretionary
- 100% of AUM
- Employees
- 10
- Advisory staff
- 9
- Offices
- 1
Owners and executives on its Form ADV
- Heiki E. AltosaarPortfolio Manager & Chief Compliance Officer
- Patrick D. RobitailleCorporate Secretary
- Eric R. HasenauerSN. Vice President,co-Head
- Gary J SimonetteVice President
- Adam T. PosmanDirector & President
- Timothy M. MarzecVice President
- Stephen E. ReynoldsVice President
- Michael J. WalshDirector
- John W. RickettsSN. Vice President,co-Head
Custody and brokerage
Broker-dealer
Hybrid RIA
PCJ Investment Counsel LTD. is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Other investment advisers | – | $828M | 90% |
| Pooled investment vehicles | 1 | $53M | 6% |
| Investment companies | 1 | $41M | 4% |
| Insurance companies | – | $1M | <1% |
| Corporations or other businesses | – | $0M | <1% |
Disciplinary disclosures
PCJ Investment Counsel LTD. 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 investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on PCJ Investment Counsel LTD.
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 1,007 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 9 namedLocked
- Main office, fax and compliance officer
- Locked
- 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 PCJ Investment Counsel LTD. manage?
PCJ Investment Counsel LTD. reports $924 million in regulatory assets under management across 7 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 26, 2026.
What kind of firm is PCJ Investment Counsel LTD.?
PCJ Investment Counsel LTD. 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 PCJ Investment Counsel LTD.’s clients?
By assets, its largest client types are other investment advisers ($828 million); pooled investment vehicles ($53 million, 1 clients); investment companies ($41 million, 1 clients).
Does PCJ Investment Counsel LTD. have any disciplinary history?
PCJ Investment Counsel LTD. 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 PCJ Investment Counsel LTD.’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 (2026-06-26), 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 →