Pcj Investment Counsel Ltd.
- Regulatory AUM
- $924M
- Discretionary
- $924M
- Clients
- 2
- Avg AUM / client
- $462M
- Accounts
- 7
- Employees
- 10
AUM over time
Annual snapshots from Form ADV filings · as of Jun 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $41.2M | 4.46% |
| Pooled investment vehicles (non-investment companies) | 1 | $52.8M | 5.72% |
| Other investment advisers | Fewer than 5 clients | $828M | 89.6% |
| Insurance companies | Fewer than 5 clients | $1.5M | 0.16% |
| Corporations and other businesses | Fewer than 5 clients | $444K | 0.05% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $0 combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Pcj Absolute Return Fund Lp | Hedge Fund | Delaware | $0 | 0 |
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Altosaar, Heiki, Enn | Portfolio Manager & Chief Compliance Officer | May 2001 (25y) | Less than 5% | |
| Robitaille, Patrick, David | Corporate Secretary | Dec 2010 (16y) | Less than 5% | |
| Posman, Adam, Todd | Director & President | Aug 2011 (15y) | Less than 5% | |
| Hasenauer, Eric, Roman | Sn. Vice President,Co Head | Nov 2014 (12y) | Less than 5% | |
| Simonette, Gary, J | Vice President | Nov 2014 (12y) | Less than 5% | |
| Reynolds, Stephen, Edward | Vice President | Jul 2017 (9y) | Less than 5% | |
| Marzec, Timothy, Michael | Vice President | Aug 2018 (8y) | Less than 5% | |
| Walsh, Michael, John | Director | Jul 2019 (7y) | Less than 5% | |
| Ricketts, John, Wyatt | Sn. Vice President,Co Head | Mar 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Pcj Investment Counsel Partnership | Partnership | Jul 1995 | A | 75% or more |
| Connor, Clark & Lunn Financial Group Ltd. | Partner | Jan 2015 | B | ≈ 21.09% – 75% via Connor, Clark & Lunn Financial Group Investment Partnership |
| Connor, Clark & Lunn Financial Group Investment Partnership | Partner | Jan 2015 | B | ≈ 28.13% – 75% via Connor, Clark & Lunn Financial Group Lp |
| Connor, Clark & Lunn Financial Group Lp | Partner | Jan 2013 | B | ≈ 37.5% – 75% via Pcj Investment Counsel Partnership |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Connor, Clark & Lunn Financial Group Ltd.: 75% – 100% of Connor, Clark & Lunn Financial Group Investment Partnership × 75% – 100% of Connor, Clark & Lunn Financial Group Lp × 50% – 75% of Pcj Investment Counsel Partnership × 75% – 100% direct ≈ 21.09% – 75% of the firm
- Connor, Clark & Lunn Financial Group Investment Partnership: 75% – 100% of Connor, Clark & Lunn Financial Group Lp × 50% – 75% of Pcj Investment Counsel Partnership × 75% – 100% direct ≈ 28.13% – 75% of the firm
- Connor, Clark & Lunn Financial Group Lp: 50% – 75% of Pcj Investment Counsel Partnership × 75% – 100% direct ≈ 37.5% – 75% 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.
Private funds (1, $0 gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Pcj Absolute Return Fund Lp | Hedge Fund | $0 | $0 | 0 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/26/2026 | 1.85 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
- • Performance-based 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 $615M (67% of AUM) Jun 2026
- State Street $179M (19% of AUM) Jun 2026
- Cibc Mellon Global Securities Services $52.7M (9% of AUM) Mar 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Jun 26, 2026.
View current Form ADV (SEC/IAPD) ↗