Cidel Asset Management Inc
- Regulatory AUM
- $4.8B
- Discretionary
- $4.6B
- Clients
- 1,547
- Avg AUM / client
- $3.1M
- Accounts
- 1,550
- Employees
- 73
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 788 | $261M | 5.44% |
| High net worth individuals | 386 | $1.2B | 24.9% |
| Pension and profit sharing plans | 8 | $78.9M | 1.64% |
| Insurance companies | Fewer than 5 clients | $3.5M | 0.07% |
| Corporations and other businesses | 204 | $2.0B | 41.4% |
| Other | 161 | $1.3B | 26.5% |
People (12)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Heinmaa, Arthur, M | Investment Committee Member/Cio/Executive Committee | Jan 2012 (15y) | 5% – 10% | |
| Tamblyn, Bryan | Chief Compliance Officer | Mar 2020 (6y) | Less than 5% | |
| Buchanan, Paul | Cfo | Mar 2023 (3y) | Less than 5% | |
| Duncan, Megan | Signing Officer | Mar 2023 (3y) | Less than 5% | |
| Gibbert, Bradley | Senior Vp | Mar 2023 (3y) | Less than 5% | |
| Meinstein, Tammy | Corporate Secretary | Mar 2023 (3y) | Less than 5% | |
| Patton, Ron | Director | Mar 2023 (3y) | Less than 5% | |
| Perren, Henry | Chairman | Mar 2023 (3y) | Less than 5% | |
| Porter, James | Executive Vp | Mar 2023 (3y) | Less than 5% | |
| Rimer, Criag | Signing Officer | Mar 2023 (3y) | Less than 5% | |
| Sacks, Hilton | Executive Vp | Mar 2023 (3y) | Less than 5% | |
| Shaw, Christopher | Vp | Mar 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Cidel Bank Canada | Owner | Dec 2016 | A | 75% or more |
| Cidel Bank & Trust Inc. | Owner | Dec 2016 | B | ≈ 56.25% – 100% via Cidel Bank Canada |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Cidel Bank & Trust Inc.: 75% – 100% of Cidel Bank Canada × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.13 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Cidel Trust Company Canada $3.4B (70% of AUM) Mar 2026
- Cibc Mellon Trust Company $1.6B (30% of AUM) Mar 2018
- Royal Bank Of Canada $742M (15% of AUM) Mar 2026
- State Street $503M (10% of AUM) Mar 2026
- National Bank Independent Network $144M (3% of AUM) Mar 2026
- Northern Trust $14.7M (0% of AUM) Mar 2026
- Aviso Wealth Inc. $13.5M (0% of AUM) Mar 2026
- Credential Financial Inc. $10.5M (0% of AUM) Mar 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗