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.
SEC-registered adviser
Montrusco Bolton Investments Inc.
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 22 filings
SEC status approved since Sep 13, 2010
RAUM
$13B
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
0.2%
$20.3M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$3.2B
derived; firm RAUM over IAPD count
Employees
68
16 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
2
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$13B as of Mar 31, 2026
Mar 29, 2012$5.0B then
HNW client RAUM$20.3M as of Mar 31, 2026
Mar 28, 2018$26.1M then
State-registered IARs (5.B.3)11 as of Mar 31, 2026
Mar 29, 20120 then
Employees (5.A)68 as of Mar 31, 2026
Feb 28, 201328 then
Private funds2 as of Mar 31, 2026
Mar 29, 201213 then
RAUM +5.5% over the last fiscal year+19% a year over threeIARs 10 to 11offices 4 to 5
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
- RAUM per advisor
- $3.2BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $22.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 93%derivedof RAUM
- Institutional
- 16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 17.0derivedItem 5.A over advisors
- Advisors per office
- 0.7derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.5%derivedbetween the last two annual amendments
- Advisor growth, one year
- +10%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- 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 securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Banks and thrifts$4.7B36%
- Pooled investment vehicles$3.9B30%
- Investment companies$2.1B16%
- State and municipal entities$1.2B9.2%
- Pension and profit-sharing plans$551M4.3%
- Charitable organizations$315M2.4%
- Corporations and businesses$133M1.0%
- Insurance companies$41.1M0.3%
- High-net-worth individuals$20.3M0.2%
- Individual clients
- n/areported
- HNW clients
- 10reported
- Pension plan clients
- 14reported
- Charitable clients
- 20reported
- Accounts
- 564reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.47 institutional_share=0.16 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jason Szczepkowski | Montreal | Dec 23, 2024 | 10 y | 0 |
| Egor Nickolaevich RybakovChartered Financial Analyst | Newport Beach, Ca | Jan 8, 2026 | 24 y | 7 |
| Patrick Laflamme | Montreal | Apr 28, 2026 | 14 y | 0 |
| Claude-André Duquette | Montreal | Jun 11, 2026 | 24 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Egor Nickolaevich Rybakov from Penserra Global Investors LLCJan 8, 2026 · Other
Private funds
15 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Montrusco Bolton Canadian Small Capitalization Equity Fundno longer reported | Other Private Fund | $517M | 576 | Mar 29, 2012 |
| Montrusco Bolton Global Equity Fund | Private Equity Fund | $489M | 167 | Mar 29, 2012 |
| Montrusco Bolton Fixed Income Fundno longer reported | Other Private Fund | $166M | 525 | Mar 29, 2012 |
| Montrusco Bolton Equity Income Fundno longer reported | Other Private Fund | $129M | 633 | Mar 29, 2012 |
| Montrusco Bolton Canadian All Capitalization Equity Fundno longer reported | Private Equity Fund | $129M | 13 | Nov 1, 2013 |
| Montrusco Bolton Quantitative Canadian Equity Fundno longer reported | Hedge Fund | $101M | 598 | Mar 29, 2012 |
| Montrusco Bolton Canadian Equity Fundno longer reported | Other Private Fund | $89.8M | 581 | Mar 29, 2012 |
| Montrusco Bolton Alpha+ Fundno longer reported | Hedge Fund | $76.3M | 8 | Mar 29, 2012 |
| Montrusco Bolton U.S. Equity Fundno longer reported | Other Private Fund | $66.2M | 499 | Mar 29, 2012 |
| Montrusco Bolton Focus Global Fundno longer reported | Hedge Fund | $65.6M | 12 | Mar 29, 2012 |
| Montrusco Bolton U.S. Equity Fund | Private Equity Fund | $53.8M | 51 | Mar 31, 2021 |
| Montrusco Bolton T-Max Fundno longer reported | Liquidity Fund | $52.9M | 108 | Mar 29, 2012 |
| Montrusco Bolton Bond Total Return Fundno longer reported | Other Private Fund | $41.5M | 81 | Mar 29, 2012 |
| Montrusco Bolton Balanced Fundno longer reported | Private Equity Fund | $37.6M | 117 | Mar 29, 2012 |
| Montrusco Bolton Quantitative Eafe Equity Fundno longer reported | Other Private Fund | $37.5M | 71 | Mar 29, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Jean-Claude Ayotte · Senior Vice President, Chief Financial Officercontrolsince 06/2005 · owns less than 5%
- Olivier Barres · Vice President, Fixed Incomecontrolsince 02/2018 · owns less than 5%
- Pierre Michael Bouet · Senior Analystcontrolsince 03/2008 · owns less than 5%
- Sylvain Boule · President, Chief Executive Officercontrolsince 02/1992 · owns 10% to 25%
- Benoit Bourdages · Vice President, Operationscontrolsince 06/1996 · owns less than 5%
- Melissa Kimberly Cheong · Portfolio Managercontrolsince 10/2009 · owns less than 5%
- Marc Drolet · Vice President, Head Of Client Servicing Internationalcontrolsince 08/2021 · owns less than 5%
- Claude-Andre Duquette · Vice President, Institutional And Retail Salescontrolsince 01/2021 · owns less than 5%
- Dina Fakhry · Senior Vice President And Chief Operating Officercontrolsince 09/2022 · owns less than 5%
- John Goldsmith · Vice President, Deputy Head Of Equitiescontrolsince 04/2004 · owns 5% to 10%
- Richard Guay · Senior Vice Presidentcontrolsince 09/2000 · owns 10% to 25%
- Jean-David Meloche · Vice President And Portfolio Managercontrolsince 01/2005 · owns less than 5%
- Badara Ale Niang · Vice President, Chief Technology Officercontrolsince 06/2017 · owns less than 5%
- Tim Russell · Vice Presidentcontrolsince 08/1997 · owns less than 5%
- Simon Simonian · Portfolio Managercontrolsince 07/2014 · owns less than 5%
- Julie St-Germain · Shareholdercontrolsince 03/2023 · owns less than 5%
- Jason Szczepkowski · Vice President, Head Of Client Servicing North Americacontrolsince 06/2017 · owns less than 5%
- Ginette Therien · Senior Vice President, Governance And Chief Compliance Officercontrolsince 12/1998 · owns less than 5%
- Jennifer Cassar · Shareholdersince 03/2023 · owns less than 5%
- Marc-Oliver Fortier · Shareholdersince 03/2023 · owns less than 5%
- Karine Gareau · Shareholdersince 03/2023 · owns less than 5%
- Meline Garnier · Shareholdersince 03/2023 · owns less than 5%
- Mark Alexander Haas · Shareholdersince 03/2023 · owns less than 5%
- Robert Hiscock · Shareholdersince 03/2022 · owns less than 5%
- Marylee How · Shareholdersince 03/2023 · owns less than 5%
- Christine Mackay · Shareholdersince 03/2023 · owns less than 5%
- Giacomo Maggiore · Shareholdersince 03/2023 · owns less than 5%
- Mathew Mcneill · Shareholdersince 03/2023 · owns less than 5%
- Melori Mokri · Shareholdersince 03/2023 · owns less than 5%
- Munjal Vasantbai Patel · Shareholdersince 03/2023 · owns less than 5%
Entity owners
- Amg Canada Holding Corp. · Shareholderdirect · owns 25% to 50%
- Fonds De Solidarite Des Travaileurs Du Quebec · Shareholderdirect · owns 10% to 25%
- Affiliated Managers Group, Inc. · Shareholderindirect · owns 25% to 50% of Amg Canada Holding Corp. · public reporting company
- Amg North America Holding Corp. · Shareholderindirect · owns 25% to 50% of Amg Canada Holding Corp.
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
- Toronto, Ontario, Canada3 employees
- , 1 employees
What changed
consecutive filings, newest first
- Accounts · 607 to 564Jan 8, 2026 to Mar 31, 2026
- Advisory employees · 13 to 16Jan 8, 2026 to Mar 31, 2026
- HNW clients · unset to 10.0Jan 8, 2026 to Mar 31, 2026
- Individual clients · 71.0 to unsetJan 8, 2026 to Mar 31, 2026
- Pooled vehicle clients · 220 to 258Jan 8, 2026 to Mar 31, 2026
- Assets in custody · unset to 614192329.0Jan 8, 2026 to Mar 31, 2026
- Employees · 65 to 68Jan 8, 2026 to Mar 31, 2026
- State-registered IARs · 10 to 11Jan 8, 2026 to Mar 31, 2026
- Discretionary RAUM · $12B to $12BJan 8, 2026 to Mar 31, 2026
- HNW RAUM · $20.7M to $20.3MJan 8, 2026 to Mar 31, 2026
- Individual RAUM · 3113578.0 to unsetJan 8, 2026 to Mar 31, 2026
- Non-discretionary RAUM · $0 to $894MJan 8, 2026 to Mar 31, 2026
- Pension RAUM · $509M to $551MJan 8, 2026 to Mar 31, 2026
- Pooled vehicle RAUM · $4.3B to $3.9BJan 8, 2026 to Mar 31, 2026
- RAUM · $12B to $13BJan 8, 2026 to Mar 31, 2026
- Other offices · 4 to 5Mar 25, 2025 to Jan 8, 2026
- Accounts · 595 to 607Nov 22, 2024 to Mar 25, 2025
- Charity clients · 18 to 20Nov 22, 2024 to Mar 25, 2025
- Corporate clients · 17 to 16Nov 22, 2024 to Mar 25, 2025
- Pension plan clients · 15 to 14Nov 22, 2024 to Mar 25, 2025
- Pooled vehicle clients · 207 to 220Nov 22, 2024 to Mar 25, 2025
- Employees · 60 to 65Nov 22, 2024 to Mar 25, 2025
- Financial planning clients · unset to Nov 22, 2024 to Mar 25, 2025
- HQ state · unset to Nov 22, 2024 to Mar 25, 2025
- Other offices · 3 to 4Nov 22, 2024 to Mar 25, 2025
- Discretionary RAUM · $13B to $12BNov 22, 2024 to Mar 25, 2025
- HNW RAUM · $15.0M to $20.7MNov 22, 2024 to Mar 25, 2025
- Individual RAUM · $3.3M to $3.1MNov 22, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $3.1M to $0Nov 22, 2024 to Mar 25, 2025
- Pension RAUM · $1.2B to $509MNov 22, 2024 to Mar 25, 2025
- Pooled vehicle RAUM · $3.4B to $4.3BNov 22, 2024 to Mar 25, 2025
- RAUM · $13B to $12BNov 22, 2024 to Mar 25, 2025
- HNW clients · 5.0 to unsetMar 28, 2023 to Mar 28, 2024
- Individual clients · unset to 71.0Mar 28, 2023 to Mar 28, 2024
- Pension plan clients · 12 to 15Mar 28, 2023 to Mar 28, 2024
- Pooled vehicle clients · 92 to 207Mar 28, 2023 to Mar 28, 2024
- Employees · 37 to 60Mar 28, 2023 to Mar 28, 2024
- Other offices · 4 to 3Mar 28, 2023 to Mar 28, 2024
- Discretionary RAUM · $7.6B to $13BMar 28, 2023 to Mar 28, 2024
- HNW RAUM · $28.6M to $15.0MMar 28, 2023 to Mar 28, 2024
Signals
16 dated events
- Giuseppe Dimassimo (Vice President, Business Development) no longer on Schedule A of Montrusco Bolton Investments Inc. (listed 2023-03-28, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- Montrusco Bolton Investments Inc. reported RAUM $12.7B, up 66% from $7.6B (2023-03-28 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Dina Fakhry (Senior Vice President And Chief Operating Officer) appeared on Schedule A of Montrusco Bolton Investments Inc.Mar 28, 2024 · Control person joined · fact
- Marc Drolet (Vice President, Head Of Client Servicing International) appeared on Schedule A of Montrusco Bolton Investments Inc.Mar 28, 2024 · Control person joined · fact
- Jason Szczepkowski (Vice President, Head Of Client Servicing North America) appeared on Schedule A of Montrusco Bolton Investments Inc.Mar 28, 2024 · Control person joined · fact
- Julie St-Germain (Shareholder) appeared on Schedule A of Montrusco Bolton Investments Inc.Mar 28, 2024 · Control person joined · fact
- Montrusco Bolton Investments Inc. reported RAUM $7.5B, up 47% from $5.1B (2021-03-31 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Marc Natal (Vice President, Client Servicing) no longer on Schedule A of Montrusco Bolton Investments Inc. (listed 2020-03-29, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- Montrusco Bolton Investments Inc. reported RAUM $5.1B, up 31% from $3.9B (2020-03-29 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Montrusco Bolton Investments Inc. reported 11 state-registered advisory representatives, up from 0 (2019-03-29 to 2020-03-29)Mar 29, 2020 · Advisor headcount change · derived
- Denis Senecal (Senior Vice President, Strategic Initiatives) no longer on Schedule A of Montrusco Bolton Investments Inc. (listed 2019-03-29, absent 2020-03-29)Mar 29, 2020 · Control person left · inference
- Badara Ale Niang (Vice President, Chief Technology Officer) appeared on Schedule A of Montrusco Bolton Investments Inc.Mar 29, 2019 · Control person joined · fact
- Denis Senecal (Senior Vice President, Strategic Initiatives) appeared on Schedule A of Montrusco Bolton Investments Inc.Mar 29, 2019 · Control person joined · fact
- Simon Simonian (Portfolio Manager) appeared on Schedule A of Montrusco Bolton Investments Inc.Mar 29, 2019 · Control person joined · fact
- Montrusco Bolton Investments Inc. reported RAUM $3.4B, down 31% from $4.9B (2018-03-28 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Ismael Chiadmi (Senior Vice President) no longer on Schedule A of Montrusco Bolton Investments Inc. (listed 2018-03-28, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
- Montrusco Bolton Investments Inc. · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/montruscoboltonreportedpublic record, Form ADV, Sep 18, 2026
- Website
- mgl.montruscobolton.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 1-514-842-6464reportedpublic record, Form ADV, Mar 31, 2026
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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $3.2Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
Montrusco Bolton Investments Inc. is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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