Foyston, Gordon & Payne Inc. (Toronto)


Foyston, Gordon & Payne Inc. is a large advisory firm based in Toronto. It manages $5.72 billion of regulatory assets for 961 client accounts. It has been registered with the SEC as an adviser since 2002.

Foyston, Gordon & Payne provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and canadian mutual funds through sub-adviser agreements. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Foyston, Gordon & Payne: assets under management

The assets under management (AUM) of Foyston, Gordon & Payne Inc. is $5.72 billion. The firm's AUM has grown by 358% since the beginning of its operation, and $5.66 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.71 billion in discretionary accounts and $8.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.05 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $500 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 32% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Foyston, Gordon & Payne Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Richard Martin serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of James Richard Martin is pension and profit sharing plans with 43 clients and $2.09 billion of assets under management. Among the 9 most similar advisory firms, Foyston, Gordon & Payne has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $5.72 billion for 944 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.

Foyston, Gordon & Payne doesn't advise any private funds.

Careers at Foyston, Gordon & Payne Inc.

The company employs 53 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Richard Martin has been acting as President since 1 Mar 1989. Garvin Kumar Deokiesingh joined the executive team most recently as the Chief Operating Officer & Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Donald Sommerville Chairman 1 Apr 1985 Other 4591188
James Richard Martin President 1 Mar 1989 Other 4591183
Brian Robert Goldstein Vice president 1 May 1990 Other 4591197
Jennifer Lynn Witterick Vice president 1 Feb 1993 Other 4591199
Stephen Paul Copeland Senior vice president 1 Nov 1997 Other 4591194
First Asset Management Inc. Shareholder 1 Nov 1999 50% - 75% 885872390rc0001
Amg Canada Corp. Shareholder 1 Jul 2005 50% - 75% 885872390rc0001
Mark Edward Thompson Vice president 1 Aug 2005 Other 5121370
Robert James Head Vice president 1 Aug 2005 Other 5121402
John Charles Berry Vice president 1 Aug 2005 Other 5121407
Murray Jack Leiter Vice president 1 Sep 2005 Other 5121398
James William Houston Vice president 1 Sep 2005 Other 5121401
Mark Guenter Klinkow Vice president 1 May 2006 Other 5315385
Lance Hartley Speck Vice president 1 Oct 2006 Other 5315359
Derrick Darko Strizic President 1 Feb 2007 Other 5315355
Josee Pelletier Vice president 1 Mar 2007 Other 5315388
Andrew Duncan Fernow Vice president 1 Mar 2007 Other 5315365
Robert Garfield Gill Shareholder 1 Mar 2007 Other 5315372
Samuel Szeto Shareholder 1 Mar 2007 Other 5315379
Charles David Walker Shareholder 1 Mar 2007 Other 5315380
Thomas Cochrane Duncanson Shareholder 1 Mar 2008 Other 5509051
Mohammad Ahmad Vice president 1 Mar 2008 Other 5509057
Bryan Wilfrid Pilsworth Shareholder 1 Mar 2008 Other 5509053
David Alexander Adkins Vice president 1 Mar 2008 Other 5509062
Mark Edward Thompson Chief compliance officer and chief operating officer 1 Jan 2009 Other 5121370
John Charles Berry Senior vice president 1 Jan 2009 Other 5121407
James William Houston President and corporate secretary 1 Jan 2009 Other 5121401
Robert James Head Senior vice president 1 Mar 2009 Other 5121402
Andrew Duncan Fernow Senior vice president 1 Mar 2009 Other 5315365
Valentino De Franco Vice president 1 Mar 2009 Other 5771052
David Alexander Adkins Senior vice president 1 Jan 2010 Other 5509062
Patrick Campbell Osler Vice president 1 Jan 2010 Other 5771054
Andrew Paul Aucoin Shareholder 1 Mar 2010 Other 5771049
Zubaida Arjumand Mirza Shareholder 1 Mar 2010 Other 5771063
James Richard Martin Chief investment officer 1 Mar 2010 Other 4591183
Bryan Wilfrid Pilsworth Vice president 1 May 2010 Other 5509053
James Richard Martin Chief investment officer and chairman 1 Oct 2010 Other 4591183
Chi Chung Tu Shareholder 1 Feb 2011 Other 5901121
Laura Elizabeth Sebesta Shareholder 1 Feb 2012 Other 6045263
Ryan John Domsy Shareholder 1 Feb 2012 Other 6045264
Cameron Charles Greenwood Shareholder 1 Feb 2012 Other 6045268
Colin Russell Pearson Shareholder 1 Feb 2012 Other 6045270
Bryan Wilfrid Pilsworth President and corporate secretary 1 Dec 2014 Other 5509053
Douglas Donald Easton Vice president 1 Jan 2015 Other 6766846
Colin Jay Ripsman Vice president 1 May 2015 Other 6766292
Stephen George Mitchell Senior vice president 1 Aug 2016 Other 4438410
Robert Laughton Vice president 1 Nov 2016 Other 4330014
Thomas Cochrane Duncanson Vice president 1 Feb 2017 Other 5509051
Chi Chung Tu Vice president 1 Feb 2017 Other 5901121
Ryan John Domsy Vice president 1 Feb 2017 Other 6045264
Cameron Charles Greenwood Vice president 1 Feb 2017 Other 6045268
Garvin Kumar Deokiesingh Chief operating officer 1 Feb 2017 Other 6766274
Garvin Kumar Deokiesingh Chief operating officer & chief compliance officer 1 Apr 2017 Other 6766274

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ontario Municipal Employees Retirement Board Shareholder 1 Jun 2000 25% - 50% n/a
Borealis Private Equity Limited Partnership Shareholder 1 Mar 2001 25% - 50% ha 7055833
Amg North.America Hold Corp. Shareholder 1 Jun 2005 75% - 100% 01-0839733
Inc. Affiliated Managers Group Shareholder 1 Jun 2005 75% - 100% 04-3218510
Amg / North America Holding Corp. Shareholder 1 Jun 2005 75% - 100% 01-0839733
Amg/Fami Investment Corp Shareholder 1 Jul 2005 75% - 100% 3102857

Based in Toronto

The principal office where Foyston, Gordon & Payne Inc. performs its advisory services is located at 1 Adelaide Street East, Toronto, M5 C 2 V9, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-362-4725 or by fax 416-367-1183. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at foyston.com and its LinkedIn profile.