Mackenzie Investments Corporation is a large advisory firm based in Toronto, Ontario. It manages $840.97 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Massachusetts.
Mackenzie Investments Corporation provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. 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 Mackenzie Investments Corporation is $840.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 22% since the beginning of its operation, and $790.74 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Mackenzie Investments Corporation 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 investment companies and pooled investment vehicles. The largest group of clients of Brian John Gooding is pooled investment vehicles with 12 clients and $790.74 million of assets under management. Among the 11 most similar advisory firms, Mackenzie Investments Corporation has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $840.97 million for 13 clients. 90% of the firm’s clients are foreign persons or businesses.
Mackenzie Investments Corporation also advises several private funds. Namely, one hedge fund and six other private funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 9 people that are either part- or full-time employees. 67 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Brian John Gooding has been acting as President since 1 May 2016. Jeffrey Robert Carney joined the executive team most recently as the Director.
The principal office where Mackenzie Investments Corporation performs its advisory services is located at 180 Queen Street West, Toronto, Ontario, M5 V 3 K1, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 416-967-2323 or by fax 416-922-7062. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at mackenzieinvestments.com.