1062611 Ontario Limited (Toronto)


1062611 Ontario Limited is an adviser based in Toronto. It manages $11.95 million of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of New York.

1062611 Ontario Limited provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

1062611 Ontario Limited: assets under management

The assets under management (AUM) of 1062611 Ontario Limited is $11.95 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.95 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $341.49 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 1062611 Ontario Limited for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients Gary Anton Klein serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Gary Anton Klein is high net worth individuals with 6 clients and $7.42 million of assets under management. Among the 2 most similar advisory firms, 1062611 Ontario Limited has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $11.95 million for 35 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.

1062611 Ontario Limited doesn't advise any private funds.

Careers at 1062611 Ontario Limited

The company employs 2 people that are either part- or full-time employees. 50 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.

Gary Anton Klein has been acting as President since 1 Jan 1994. Harriet Gail Eisenkraft joined the executive team most recently as the Vice President/Treasurer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gary Anton Klein President/secretary/chief compliance officer 1 Jan 1994 50% - 75% 4708825
Harriet Gail Eisenkraft Vice president/treasurer 1 Jan 1994 50% - 75% 4708843

Based in Toronto

The principal office where 1062611 Ontario Limited performs its advisory services is located at 37 Heathdale Road, Toronto, M6 C 1 M7, which is also the mailing address of the firm. An additional office of the firm is in Williamsville, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-781-6163 or by fax 416-781-6164. The normal business hours are 9 to 5 on Monday - Friday.