National Bank Correspondent Network
$217M reported client assets across 2 advisory firms in FY2020 annual amendments
Reported client assets over time
$61.8M
$75.0M
2017
2020
Same-firm comparison: 1 firms that reported National Bank Correspondent Network in both FY2019 and FY2020 annual amendments (ADV Item 5.K.(3)). Fiscal years come directly from the SEC filing-type table; filing dates are not used as a year-end proxy.
| Advisory firm | RAUM at custodian | Firm total AUM | Share | As of |
|---|---|---|---|---|
| Palos Management Inc. | $142M | $151M | 93.9% | 03/01/2021 |
| Cardinal Point Capital Management, Ulc | $75.0M | $339M | 22.1% | 12/16/2020 |
From Form ADV Schedule D 5.K.(3): custodians named at the 10%-of-SMA-assets threshold, with reported dollar amounts. "Share" is reported amount as a share of the firm's total regulatory AUM.