Mca Cross Border Advisors Inc. (Montreal)

Name: Mca Cross Border Advisors Inc.
Address: 1200 Mcgill College, Montreal, H3 B 4 G7
Telephone: 514-940-8066

Mca Cross Border Advisors Inc. is an adviser based in Montreal. It manages $2.14 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida and Texas.

Mca Cross Border Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mca Cross Border Advisors: assets under management

The assets under management (AUM) of Mca Cross Border Advisors Inc. is $2.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 329% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $428.63 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 64% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mca Cross Border Advisors Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mca Cross Border Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Mca Cross Border Advisors is individuals with 3 clients and $1.18 million of assets under management. Among the 6 most similar advisory firms, Mca Cross Border Advisors has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.14 million for 10 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.

Mca Cross Border Advisors doesn't advise any private funds.

Careers at Mca Cross Border Advisors Inc.

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 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.

Mca Cross Border Advisors Inc. is owned by David Aaron Altro. Matthew Chad Altro joined the executive team most recently as the Shareholder/Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mca Financial Planning Incorporated	Principal	1 Jul 2006	Other	xxx-xx-xxxx
9250 2814 Quebec Inc.	Shareholder	1 Aug 2011	50% - 75%	xxx-xx-xxxx
9254 8999 Quebec Inc.	Shareholder	1 Nov 2011	75% - 100%	xxx-xx-xxxx
Matthew Chad Altro	Shareholder/cco	1 Jun 2013	75% - 100%	5781067
David Aaron Altro	Owner	1 Sep 2017	50% - 75%	5790408

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Chad Altro	Shareholder	1 Jul 2006	75% - 100%	xxx-xx-xxxx
Altro Family Quebec Discretionary Trust	Shareholder	1 Aug 2011	75% - 100%	xxx-xx-xxxx
Matthew Chad Altro	Trustee	1 Aug 2011	Other	5781067
The Simjo Family Quebec Discretionary Trust	Shareholder	1 Nov 2011	75% - 100%	xxx-xx-xxxx
Shlomo S Levy	Trustee	1 Nov 2011	Other	xxx-xx-xxxx

Based in Montreal

The principal office where Mca Cross Border Advisors Inc. performs its advisory services is located at 1200 Mcgill College, Montreal, H3 B 4 G7, which is also the mailing address of the firm. An additional office of the firm is in Hollywood, FL. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 514-940-8066 or by fax 514-940-8001. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at mcacrossborder.com.