Generation Portfolio Management Corp. is a mid-sized advisory firm based in Toronto, Ontario. It manages $70.88 million of regulatory assets for 779 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, New York, and Texas.
Generation Portfolio Management Corp provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Generation Portfolio Management Corp. is $70.88 million. The firm's AUM has gone down by -15% since the beginning of its operation, and $63.55 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Generation Portfolio Management Corp. for their services and products based on a percentage of assets under management and performance-based fees. 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.
The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Generation Portfolio Management Corp is individuals with 604 clients and $35.66 million of assets under management. Among the 2 most similar advisory firms, Generation Portfolio Management Corp has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $70.88 million for 784 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 90% of the firm’s clients are foreign persons or businesses.
Generation Portfolio Management Corp doesn't advise any private funds.
The company employs 24 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where Generation Portfolio Management Corp. performs its advisory services is located at 22 St. Clair Avenue East, Toronto, Ontario, M4 T 2 S3, 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 416-861-0774 or by fax 416-867-9771. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/generation-portfolio-management-corp and its LinkedIn profile.