Lombard Odier Transatlantic Limited (Montreal)

Name: Lombard Odier Transatlantic Limited
Address: 1000 Sherbrooke St. West, Montreal, H3 A 3 R7
Telephone: 514-847-7747

Lombard Odier Transatlantic Limited is a large advisory firm based in Montreal. It manages $466.82 million of regulatory assets for 88 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Delaware, Florida, and 3 other states.

Lombard Odier Transatlantic Limited provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lombard Odier Transatlantic Limited: assets under management

The assets under management (AUM) of Lombard Odier Transatlantic Limited is $466.82 million. The firm's AUM has gone down by -2% since the beginning of its operation, and $47.86 million of the total AUM is attributable to clients outside of the United States.

The firm manages $384.33 million in discretionary accounts and $82.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.41 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.85 million.

Investments

The firm invests in exchange traded securities the most. They account for 39% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 23% of the firm’s portfolio. Investments in investment grade corporate bonds form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lombard Odier Transatlantic Limited for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lombard Odier Transatlantic Limited serves?

The firm provides services to charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Lombard Odier Transatlantic Limited is high net worth individuals with 63 clients and $338.98 million of assets under management. Among the 10 most similar advisory firms, Lombard Odier Transatlantic Limited has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $466.82 million for 90 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Lombard Odier Transatlantic Limited doesn't advise any private funds.

Careers at Lombard Odier Transatlantic Limited

The company employs 8 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

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

Lo Holdings Sa joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Wallace Dorey	Director, chief financial officer & treasurer	1 Oct 1998	Other	3101790
Yann Citte	Chief executive officer	1 Oct 2012	Other	6010767
Charles Josh Wilson	Chief compliance officer	1 Jan 2016	Other	xxx-xx-xxxx
Lo Holdings Sa	Shareholder	1 Dec 2016	75% - 100%	foreign

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Compagnie Lombard Odier Scma	100% shareholder	1 Dec 2016	75% - 100%	foreign
Lombard Odier & Partners Scm	100% shareholder	1 Dec 2016	75% - 100%	foreign

Based in Montreal

The principal office where Lombard Odier Transatlantic Limited performs its advisory services is located at 1000 Sherbrooke St. West, Montreal, H3 A 3 R7, 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 514-847-7747 or by fax 514-847-7796. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at lombardodier-transatlantic.com.