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

Marnoa Private Wealth Counsel Ltd.

Independent wealth managerWaterloo,Ontario, CRD 332639SEC 801-131256websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Sep 5, 2024 · 5 filings
SEC status approved since Oct 17, 2024
RAUM
$19.3M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$19.3M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$6.4M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$19.3M as of Mar 17, 2026
Mar 31, 2025$1.4M then
HNW client RAUM$17.5M as of Mar 17, 2026
Mar 31, 2025$1.4M then
State-registered IARs (5.B.3)3 as of Mar 17, 2026
Mar 31, 20253 then
Employees (5.A)3 as of Mar 17, 2026
Mar 31, 20254 then
Private funds: no history
RAUM +1277% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Mar 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$6.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
20derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$343,137derivedHNW RAUM over HNW clients
Average account
$332,300derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+1277%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$17.5M91%
  • Individuals$1.8M9.2%
Individual clients
8reported
HNW clients
51reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
58reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Pedro Manuel RibeiroWaterloo,OntarioOct 17, 202412 y1
Nadeem KassamChartered Financial AnalystWaterloo,OntarioMay 2, 202512 y0
Christopher De SousaWaterloo,OntarioAug 5, 202510 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 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
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Manuel Pedro Ribeiro · Owner, Ceo, Cfo, Coo, Ccocontrol
      since 05/2023 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 2 to 58
      Mar 31, 2025 to Jan 26, 2026
    • HNW clients · unset to 51.0
      Mar 31, 2025 to Jan 26, 2026
    • Individual clients · unset to 8.0
      Mar 31, 2025 to Jan 26, 2026
    • Employees · 4 to 3
      Mar 31, 2025 to Jan 26, 2026
    • Insurance-licensed employees · 3 to 0
      Mar 31, 2025 to Jan 26, 2026
    • Discretionary RAUM · $1.4M to $19.3M
      Mar 31, 2025 to Jan 26, 2026
    • HNW RAUM · $1.4M to $17.5M
      Mar 31, 2025 to Jan 26, 2026
    • Individual RAUM · unset to 1773422.0
      Mar 31, 2025 to Jan 26, 2026
    • RAUM · $1.4M to $19.3M
      Mar 31, 2025 to Jan 26, 2026
    • Accounts · unset to 2.0
      Sep 16, 2024 to Mar 31, 2025
    • Advisory employees · 1 to 3
      Sep 16, 2024 to Mar 31, 2025
    • Employees · 1 to 4
      Sep 16, 2024 to Mar 31, 2025
    • Insurance-licensed employees · 0 to 3
      Sep 16, 2024 to Mar 31, 2025
    • Financial planning clients · 0 to 0
      Sep 16, 2024 to Mar 31, 2025
    • HQ state · unset to
      Sep 16, 2024 to Mar 31, 2025
    • State-registered IARs · 1 to 3
      Sep 16, 2024 to Mar 31, 2025
    • Discretionary RAUM · unset to 1400000.0
      Sep 16, 2024 to Mar 31, 2025
    • HNW RAUM · unset to 1400000.0
      Sep 16, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · unset to 0.0
      Sep 16, 2024 to Mar 31, 2025
    • RAUM · unset to 1400000.0
      Sep 16, 2024 to Mar 31, 2025
    Signals
    1 dated events
    • Marnoa Private Wealth Counsel Ltd. filed its initial SEC registration (Form ADV)
      Sep 5, 2024 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Business phone
    519-707-0048reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/marnoa/posts/?feedView=allreportedpublic record, Form ADV, Sep 17, 2026
    Website
    marnoa.careportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    519-707-0048reportedpublic record, Form ADV, Mar 17, 2026
    Contact form
    marnoa.ca/contact-usreportedpublished by the firm, firm site, Sep 16, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $6.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026