# Barometer Capital Management

> Barometer Capital Management is an SEC-registered investment advisory firm in Toronto, Ontario, Canada, registered since 2011, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 1, 2026.

- CRD: 156409
- Filed as: BAROMETER CAPITAL MANAGEMENT
- Legal name: Barometer Capital Management Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Toronto, Ontario, Canada
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156409
- AdvisorCensus page: https://advisorcensus.com/firm/barometer-capital-management-toronto-ontario-156409

## Quick answers

**How is Barometer Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Barometer Capital Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Barometer Capital Management located?**
Barometer Capital Management's principal office is in Toronto, Ontario, Canada, according to its Form ADV.

**Is Barometer Capital Management registered with the SEC or a state?**
Barometer Capital Management is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156409.

**How much does Barometer Capital Management manage?**
Barometer Capital Management reports $736,967,644 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (100% discretionary).

**How have Barometer Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Barometer Capital Management: Regulatory assets under management: $1,122,662,307 in the October 2021 data and $736,967,644 in the October 2026 data, down 34%. Total employees: 30 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Barometer Capital Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (211); individuals (other than high net worth individuals) (116); corporations or other businesses not listed above (107).

**Does Barometer Capital Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156409

**What changed in Barometer Capital Management's recent Form ADV filings?**
In the May 2026 filing data: Employees performing advisory functions went from 8 to 7. Regulatory assets under management went from $620,924,429 to $736,967,644 (+19%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $736,967,644
- Discretionary: $736,967,644
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 116 | $61,462,390 |
| High net worth individuals | 211 | $206,149,178 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 21 | $760,829 |
| Charitable organizations | 9 | $36,172,002 |
| Corporations or other businesses not listed above | 107 | $145,521,388 |
| Other | 12 | $286,901,857 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2011 (15 years)
- Employees: 25 total, 7 performing advisory functions
- Wrap fee program participation: Yes
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [barometercapital.ca](https://barometercapital.ca)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,122,662,307 | 30 | March 31, 2021 |
| October 2022 | $1,237,257,884 | 30 | March 31, 2022 |
| October 2023 | $1,006,319,399 | 29 | August 1, 2023 |
| October 2024 | $809,923,150 | 25 | March 28, 2024 |
| October 2025 | $620,924,429 | 25 | March 27, 2025 |
| October 2026 | $736,967,644 | 25 | April 1, 2026 |

Regulatory assets under management: $1,122,662,307 in the October 2021 data and $736,967,644 in the October 2026 data, down 34%.
Total employees: 30 in October 2021 and 25 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Employees performing advisory functions went from 8 to 7.
- Regulatory assets under management went from $620,924,429 to $736,967,644 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Barometer Capital Management (CRD 156409): Form ADV filing data as of October 2026.