Turn8 Partners Inc. (Pointe Claire)

Name: Turn8 Partners Inc.
Address: 1 Holiday Avenue, Pointe Claire, H9 R 5 N3
Telephone: (514) 600-1466

Turn8 Partners Inc. is an adviser based in Pointe Claire. It manages $151.35 million of regulatory assets for 716 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida and Texas.

Turn8 Partners provides portfolio management for individuals and small businesses and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Turn8 Partners: assets under management

The assets under management (AUM) of Turn8 Partners Inc. is $151.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 80% since the beginning of its operation, and $137.51 million of the total AUM is attributable to clients outside of the United States.

The firm manages $151.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $211.38 thousand each.

Investments

The firm invests in pooled investment vehicles the most. They account for 66% of the total AUM. The second-largest asset type is investment and business development companies, which make up 26% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Turn8 Partners Inc. 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 Turn8 Partners serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Turn8 Partners is high net worth individuals with 56 clients and $70.56 million of assets under management. Among the 10 most similar advisory firms, Turn8 Partners has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $151.35 million for 232 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Turn8 Partners doesn't advise any private funds.

Careers at Turn8 Partners Inc.

The company employs 6 people that are either part- or full-time employees. 17 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.

Craig Stuart Mcfadzean has served as the Chief Investment Officer since 1 Mar 2012. Christopher Michael Crowe joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Michael Crowe	Chief operations officer	1 Mar 2012	50% - 75%	5621058
Craig Stuart Mcfadzean	Chief investment officer	1 Mar 2012	50% - 75%	6221396
Craig Stuart Mcfadzean	Chief compliance officer	1 Mar 2015	75% - 100%	6221396
Christopher Michael Crowe	Member	1 Mar 2015	Other	5621058

Based in Pointe Claire

The principal office where Turn8 Partners Inc. performs its advisory services is located at 1 Holiday Avenue, Pointe Claire, H9 R 5 N3, 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) 600-1466 or by fax (514) 600-1467. The normal business hours are 7am - 6pm on Monday - Friday. You can find more information about the New York firm at turn8partners.com.