DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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Former SEC-registered adviser

J••••••••• F••••• L••

Former SEC-registered adviserMontreal Quebec, CRD 107390SEC 801-39502websiteIAPD
Legal name J••••••••• F••••• L••••••
Latest filing May 12, 2025
First filing on the tape Apr 3, 2012 · 53 filings
SEC status approved since Oct 7, 1991
RAUM
$38B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
26%
$10B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
225
62 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
1
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$38B as of May 12, 2025
Apr 3, 2012$39B then
HNW client RAUM$8.7B as of May 12, 2025
Apr 2, 2018$7.5B then
State-registered IARs (5.B.3)1 as of May 12, 2025
Mar 27, 20132 then
Employees (5.A)225 as of May 12, 2025
Mar 27, 201370 then
Private funds1 as of May 12, 2025
Apr 3, 201212 then
RAUM +12% over the last fiscal year-5.9% a year over threeIARs 1 to 1
Practice profile
derived from the filing of May 12, 2025; every figure names its basis
RAUM per advisor
$38BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
4,146derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.9MderivedHNW RAUM over HNW clients
Average account
$4.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
44%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
225.0derivedItem 5.A over advisors
Advisors per office
0.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.1%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$8.7B27%
  • Pension and profit-sharing plans$7.1B22%
  • Insurance companies$5.1B16%
  • Corporations and businesses$5.1B16%
  • Charitable organizations$3.6B11%
  • Individuals$1.3B4.2%
  • Sovereign wealth funds$953M3.0%
  • Pooled investment vehicles$71.2M0.2%
Individual clients
2,353reported
HNW clients
1,793reported
Pension plan clients
120reported
Charitable clients
204reported
Accounts
8,063reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $256M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      25 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      J••••••••• F••••• C••••••• E••••• F•••no longer reportedOther Private Fund$4.0B561Apr 3, 2012
      J••••••••• F••••• B••••••• F•••no longer reportedOther Private Fund$1.6B322Apr 3, 2012
      J••••••••• I••••••••• P••••• F•••no longer reportedOther Private Fund$1.4B175Apr 3, 2012
      J••••••••• S•••••• E••••• F•••no longer reportedOther Private Fund$686M134Apr 3, 2012
      J••••••••• F••••• G••••• B••••••• F•••no longer reportedOther Private Fund$548M493Apr 3, 2012
      J••••••••• F••••• M•••• M••••• F•••no longer reportedOther Private Fund$452M3,254Apr 3, 2012
      J••••••••• F••••• U••• E••••• F•••no longer reportedOther Private Fund$394M130Apr 3, 2012
      J••••••••• F••••• F•••• I••••• C••• P••• F•••no longer reportedOther Private Fund$277M11Mar 30, 2017
      J••••••••• F••••• B••• F•••no longer reportedOther Private Fund$254M116Apr 3, 2012
      J••••••••• F••••• U• M•••• M••••• F•••no longer reportedOther Private Fund$207M1,573Apr 3, 2012
      J••••••••• F••••• G••••• E••••• F•••no longer reportedOther Private Fund$157M586Apr 3, 2012
      J••••••••• F••••• S•••• M••••••• B••• F•••no longer reportedOther Private Fund$90.3M1,542Mar 30, 2016
      J••••••••• F••••• E••••••• M•••••• F•••no longer reportedOther Private Fund$54.5M278Mar 30, 2016
      J••••••••• F••••• S•••••• B••• F•••no longer reportedOther Private Fund$48.4M30Apr 3, 2012
      J• I••••••••• E••••• F••• L••Other Private Fund$30.2M3Apr 3, 2012
      F•••• D• C••••••••• S•••••no longer reportedOther Private Fund$27.9M33Mar 27, 2013
      J••••••••• F••••• F••••• F••• F••• G••••• E••••• F•••no longer reportedOther Private Fund$7.6M14Mar 31, 2018
      J••••••••• F••••• D••••••• G••••• F•••no longer reportedOther Private Fund$7.5M67Mar 27, 2013
      J••••••••• F••••• S•••••••• C•• E••••• F•••no longer reportedOther Private Fund$5.2M267Mar 30, 2017
      J••••••••• F••••• F••••• F••• F••• B••• F•••no longer reportedOther Private Fund$3.8M11Mar 31, 2018
      J••••••••• F••••• G••••• E••••• ••• C••••••••• F•••no longer reportedOther Private Fund$2.9M102Mar 28, 2014
      J••••••••• F••••• I••••••••• E••••• ••• C•••••• E• U•• F•••no longer reportedOther Private Fund$2.0M49Mar 28, 2014
      J••••••••• F••••• L••• T••• B••• F•••no longer reportedOther Private Fund$1.6M1Mar 28, 2014
      J••••••••• F••••• F••••• F••• F••• C••••••• E••••• F•••no longer reportedOther Private Fund$910,65112Mar 31, 2018
      J••••••••• F••••• C•••••••• B••• F•••no longer reportedOther Private Fund$830,0411Mar 30, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• D•••• R•••• · Chief Compliance Officer (US)
        since 10/2018 · owns less than 5%
      • J••••••• M••••••••• · Chief Financial Officer
        since 08/2018 · owns less than 5%
      • K•••• N•••• A•••••••• · Executive Vice President, Asset Management
        since 11/2023 · owns less than 5%
      Entity owners
      • T•• B••• O• N••• S••••• · Wholly Owned
        direct · owns 75% or more · public reporting company
      Related persons
      Schedule D 7.A
      • 1••• A•••• M••••••••• L•••
        investment adviserbankpooled vehicle sponsorn
      • 1••• A•••• M••••••••• U••• I•••
        investment advisernRAUM $1.4B
      • M• F•••••••• M••••••••• I•••
        investment advisern
      • M• M••••••••• L••••••
        broker-dealerinvestment advisern
      • S••••• C•••••• •••• I•••
        broker-dealern
      • S••••• C•••••• I•••
        broker-dealerinvestment advisertrust companycustodiann
      • S••••• S••••••••• I•••
        broker-dealerinvestment advisern
      • S••••• W••••• I•••••••• S••••••• I•••
        real estaten
      • T•••••••• B•••
        n
      • T•••••••• I••••••••• F•••• L•••
        investment advisern
      • T•• B••• O• N••• S•••••
        y
      • T•• B••• O• N••• S••••• T•••• C••••••
        custodiann
      • T•• B••• O• N••• S••••• T•••• C•••••• •••••••• L••••••
        broker-dealern
      • T•• B••• O• N••• S••••• T•••• C•••••• ••••••• L••••••
        broker-dealern
      Advisers that list J••••••••• F••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Toronto, Ontario, Canada34 employees
      • Calgary, Alberta, Canada7 employees
      • Vancouver, British Columbia, Canada3 employees
      What changed
      consecutive filings, newest first
      • Financial planning clients · unset to
        Jan 28, 2025 to May 12, 2025
      • Accounts · 7,918 to 8,063
        Oct 24, 2024 to Jan 28, 2025
      • Advisory employees · 73 to 62
        Oct 24, 2024 to Jan 28, 2025
      • Charity clients · 208 to 204
        Oct 24, 2024 to Jan 28, 2025
      • Corporate clients · 129 to 134
        Oct 24, 2024 to Jan 28, 2025
      • HNW clients · 1,636 to 1,793
        Oct 24, 2024 to Jan 28, 2025
      • Individual clients · 2,514 to 2,353
        Oct 24, 2024 to Jan 28, 2025
      • Pension plan clients · 121 to 120
        Oct 24, 2024 to Jan 28, 2025
      • Pooled vehicle clients · 15 to 14
        Oct 24, 2024 to Jan 28, 2025
      • Assets in custody · $30.2M to $38.8M
        Oct 24, 2024 to Jan 28, 2025
      • Employees · 240 to 225
        Oct 24, 2024 to Jan 28, 2025
      • HQ state · unset to
        Oct 24, 2024 to Jan 28, 2025
      • Discretionary RAUM · $34B to $38B
        Oct 24, 2024 to Jan 28, 2025
      • HNW RAUM · $7.7B to $8.7B
        Oct 24, 2024 to Jan 28, 2025
      • Individual RAUM · $1.1B to $1.3B
        Oct 24, 2024 to Jan 28, 2025
      • Pension RAUM · $6.1B to $7.1B
        Oct 24, 2024 to Jan 28, 2025
      • Pooled vehicle RAUM · $46.5M to $71.2M
        Oct 24, 2024 to Jan 28, 2025
      • RAUM · $34B to $38B
        Oct 24, 2024 to Jan 28, 2025
      • Wrap assets (manager) · $194M to $256M
        Oct 24, 2024 to Jan 28, 2025
      • Accounts · 7,720 to 7,918
        Dec 4, 2023 to Jan 29, 2024
      • Advisory employees · 67 to 73
        Dec 4, 2023 to Jan 29, 2024
      • Charity clients · 210 to 208
        Dec 4, 2023 to Jan 29, 2024
      • Corporate clients · 132 to 129
        Dec 4, 2023 to Jan 29, 2024
      • HNW clients · 2,131 to 1,636
        Dec 4, 2023 to Jan 29, 2024
      • Individual clients · 1,978 to 2,514
        Dec 4, 2023 to Jan 29, 2024
      • Pension plan clients · 133 to 121
        Dec 4, 2023 to Jan 29, 2024
      • Pooled vehicle clients · 9 to 15
        Dec 4, 2023 to Jan 29, 2024
      • Assets in custody · $30.8M to $30.2M
        Dec 4, 2023 to Jan 29, 2024
      • Employees · 254 to 240
        Dec 4, 2023 to Jan 29, 2024
      • State-registered IARs · 2 to 1
        Dec 4, 2023 to Jan 29, 2024
      • Discretionary RAUM · $34B to $34B
        Dec 4, 2023 to Jan 29, 2024
      • HNW RAUM · $8.0B to $7.7B
        Dec 4, 2023 to Jan 29, 2024
      • Individual RAUM · $645M to $1.1B
        Dec 4, 2023 to Jan 29, 2024
      • Pension RAUM · $6.7B to $6.1B
        Dec 4, 2023 to Jan 29, 2024
      • Pooled vehicle RAUM · $38.5M to $46.5M
        Dec 4, 2023 to Jan 29, 2024
      • RAUM · $34B to $34B
        Dec 4, 2023 to Jan 29, 2024
      • Wrap assets (manager) · $174M to $194M
        Dec 4, 2023 to Jan 29, 2024
      • Accounts · 7,660 to 7,720
        Dec 19, 2022 to Jan 26, 2023
      • Advisory employees · 65 to 67
        Dec 19, 2022 to Jan 26, 2023
      • Charity clients · 209 to 210
        Dec 19, 2022 to Jan 26, 2023
      Signals
      7 dated events
      • J••••••••• F••••• L•• no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $38.2B)
        Dec 20, 2025 · Left the SEC roster · derived
      • Maxime Menard (President And Chief Executive Officer) no longer on Schedule A of J••••••••• F••••• L•• (listed 2023-06-06, absent 2023-12-04)
        Dec 4, 2023 · Control person left · inference
      • J••••••••• F••••• L•• reported RAUM $34.1B, down 26% from $45.9B (2022-12-19 to 2023-01-26)
        Jan 26, 2023 · RAUM change · derived
      • Winston Todd Flick (Head Of Private Wealth Management) no longer on Schedule A of J••••••••• F••••• L•• (listed 2021-01-28, absent 2022-01-28)
        Jan 28, 2022 · Control person left · inference
      • J••••••••• F••••• L•• reported RAUM $45.9B, up 29% from $35.6B (2021-01-28 to 2022-01-28)
        Jan 28, 2022 · RAUM change · derived
      • Pierre Gabriel Lapointe (Head Of Private Wealth Management) no longer on Schedule A of J••••••••• F••••• L•• (listed 2020-09-17, absent 2020-11-24)
        Nov 24, 2020 · Control person left · inference
      • Winston Todd Flick (Head Of Private Wealth Management) appeared on Schedule A of J••••••••• F••••• L••
        Nov 24, 2020 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026