Beutel, Goodman & Company Ltd.
- Regulatory AUM
- $36.1B
- Discretionary
- $29.1B
- Clients
- 1,847
- Avg AUM / client
- $19.6M
- Accounts
- 1,847
- Employees
- 128
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Asset allocation (SMA assets by investment type)
as of Mar 30, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Investments (13F portfolio — 170 positions, $14,751,822)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Toronto Dominion Bk | Common | $687,391 | 7,383,692 | 4.66% | 0.0% |
| 2 | Royal Bank Cda | ADR (2 ORD) | $581,046 | 3,605,831 | 3.94% | 0.0% |
| 3 | Bank Of Montreal | Common | $418,798 | 3,101,868 | 2.84% | 0.0% |
| 4 | Wabtec Corp | Common | $412,087 | 1,648,944 | 2.79% | 0.0% |
| 5 | Ppg Industries | Common | $396,751 | 3,712,117 | 2.69% | 0.0% |
| 6 | Ebay Inc | Common | $389,313 | 4,277,227 | 2.64% | 0.0% |
| 7 | Medtronic Plc | Common | $387,253 | 4,469,174 | 2.63% | 0.0% |
| 8 | Chubb Limited | Common | $377,108 | 1,157,024 | 2.56% | 0.0% |
| 9 | Restaurant Brands International | Class B Non VTG | $376,073 | 5,098,410 | 2.55% | 0.0% |
| 10 | Net App | Common | $372,951 | 3,642,465 | 2.53% | 0.0% |
| 11 | Merck& Co Inc | Common | $364,465 | 3,029,891 | 2.47% | 0.0% |
| 12 | Rogers Communications | Common | $363,849 | 9,491,032 | 2.47% | 0.0% |
| 13 | Manulife Fincl Corp | Common | $347,422 | 10,117,802 | 2.36% | 0.0% |
| 14 | Amdocs Ltd | Ordinary | $344,846 | 5,284,195 | 2.34% | 0.0% |
| 15 | Canadian Pacific Kansas City | Common | $322,532 | 4,111,721 | 2.19% | 0.0% |
| 16 | Omnicom Group | Common | $310,914 | 4,128,466 | 2.11% | 0.0% |
| 17 | Qualcomm | Common | $310,138 | 2,408,283 | 2.1% | 0.0% |
| 18 | Ameriprise Financial | Common | $293,109 | 659,562 | 1.99% | 0.0% |
| 19 | Nutrien | Common | $278,503 | 3,701,225 | 1.89% | 0.0% |
| 20 | Gfl Environmental | Sub Vtg Shs | $276,001 | 6,637,498 | 1.87% | 0.0% |
| 21 | Comcast Corp | Common | $273,760 | 9,535,358 | 1.86% | 0.0% |
| 22 | Cgi Group | Cl A Sub Vtg | $271,914 | 3,731,273 | 1.84% | 0.0% |
| 23 | Suncor Energy | Common | $269,430 | 4,086,562 | 1.83% | 0.0% |
| 24 | Elevance Health | Common | $259,588 | 886,724 | 1.76% | 0.0% |
| 25 | Union Pacific Corp. | Common | $258,635 | 1,066,009 | 1.75% | 0.0% |
Top 25 of 170 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 1,480 | $3.2B | 8.75% |
| Investment companies | 1 | $1.3B | 3.48% |
| Pension and profit sharing plans | 155 | $11.9B | 33.0% |
| Charitable organizations | 34 | $1.0B | 2.89% |
| State or municipal government entities | 22 | $3.5B | 9.57% |
| Other investment advisers | 47 | $5.7B | 15.9% |
| Insurance companies | 9 | $1.3B | 3.61% |
| Corporations and other businesses | 82 | $7.0B | 19.3% |
| Other | 17 | $1.3B | 3.53% |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Arpin, Stephen, John | Director, Managing Director, Canadian Equities | Feb 2000 (27y) | Less than 5% | |
| Corneil, Jackie | Trustee Of Beutel Goodman Voting Trust | Mar 2016 (10y) | Less than 5% | |
| Pomotov, Michal | General Counsel & Cco | Nov 2016 (10y) | Less than 5% | |
| Cardoso, Rui, Machado | Director, Managing Director, Us & International Equities | Feb 2020 (7y) | Less than 5% | |
| Jeffrey, Young, A | Director, Managing Director, Private Client Group | Mar 2020 (6y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Amg Canada Corp. | Shareholder | Jul 2005 | A | 25% – 50% |
| Beutel Goodman Voting Trust | Shareholder | Jul 1994 | A | 25% – 50% |
| Beutel Goodman Shareholder Trust | Shareholder | Dec 1990 | A | Less than 5% |
| Amg/Fami Investment Corp. | Shareholder | Jul 2005 | B | ≈ 0% – 2.5% via Beutel Goodman Shareholder Trust |
| Amg North America Hold. Corp. | Shareholder | Jun 2005 | B | ≈ 0% – 2.5% via Beutel Goodman Shareholder Trust |
| Affiliated Managers Group, Inc. | Shareholder | Jun 2005 | B | ≈ 0% – 2.5% via Beutel Goodman Shareholder Trust |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Amg/Fami Investment Corp.: 25% – 50% of Beutel Goodman Shareholder Trust × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Amg North America Hold. Corp.: 25% – 50% of Beutel Goodman Shareholder Trust × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Affiliated Managers Group, Inc.: 25% – 50% of Beutel Goodman Shareholder Trust × 0% – 5% direct ≈ 0% – 2.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.03 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- RBC $15.6B (43% of AUM) Mar 2026
- Cibc Mellon Global Securities Services $8.6B (24% of AUM) Mar 2026
- Cibc $1.8B (6% of AUM) Jun 2020
- Td $1.2B (4% of AUM) Jun 2020
- Bmo Nesbitt Burns $931M (3% of AUM) Jun 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗