{
  "crd_number": 172640,
  "slug": "cidel-asset-management-inc-toronto-ontario-172640",
  "primary_business_name": "CIDEL ASSET MANAGEMENT INC",
  "legal_name": "CIDEL ASSET MANAGEMENT INC",
  "dbas": [],
  "city": "Toronto, Ontario",
  "state": null,
  "country": "Canada",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-09-15",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 4802310706.0,
  "raum_discretionary": 4591206264.0,
  "raum_non_discretionary": 211104442.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 73,
  "advisory_employees": 32,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 1272635252.0,
      "count": 161,
      "description": "FOUNDATIONS/TRUSTS/NON-PROFIT"
    },
    "individuals": {
      "raum": 261210561.0,
      "count": 788
    },
    "insurance_companies": {
      "raum": 3486501.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 78945180.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 1197565556.0,
      "count": 386
    },
    "corporations_other_businesses": {
      "raum": 1988467656.0,
      "count": 204
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DE",
    "FL",
    "NV",
    "NY"
  ],
  "websites": [
    "https://cidel.com",
    "https://instagram.com/cidelassetmanagement",
    "https://linkedin.com/company/cidel-financial-group",
    "https://loricaic.ca"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172640",
  "city_as_filed": "TORONTO, ONTARIO",
  "url": "https://advisorcensus.com/firm/cidel-asset-management-inc-toronto-ontario-172640",
  "display_name": "Cidel Asset Management Inc",
  "summary": "Cidel Asset Management Inc is an SEC-registered investment advisory firm in Toronto, Ontario, Canada, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Cidel Asset Management Inc (CRD 172640): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Cidel Asset Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cidel Asset Management Inc reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Cidel Asset Management Inc located?",
      "a": "Cidel Asset Management Inc's principal office is in Toronto, Ontario, Canada, according to its Form ADV."
    },
    {
      "q": "Is Cidel Asset Management Inc registered with the SEC or a state?",
      "a": "Cidel Asset Management Inc is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 172640."
    },
    {
      "q": "How much does Cidel Asset Management Inc manage?",
      "a": "Cidel Asset Management Inc reports $4,802,310,706 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (96% discretionary)."
    },
    {
      "q": "How have Cidel Asset Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cidel Asset Management Inc: Regulatory assets under management: $4,067,351,871 in the October 2021 data and $4,802,310,706 in the October 2026 data, up 18%. Total employees: 65 in October 2021 and 73 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cidel Asset Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (788); high net worth individuals (386); corporations or other businesses not listed above (204)."
    },
    {
      "q": "Which custodians does Cidel Asset Management Inc use?",
      "a": "Cidel Asset Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Aviso Wealth, Cidel Trust Company Canada (affiliated with the firm), National Bank Independent Network, Northern Trust, Royal Bank of Canada and State Street Corporation as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cidel Asset Management Inc report any disciplinary disclosures?",
      "a": "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/172640"
    },
    {
      "q": "What changed in Cidel Asset Management Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 38 to 32. Regulatory assets under management went from $4,251,037,312 to $4,802,310,706 (+13%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4067351871.0,
      "total_employees": 65,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 5214209500.0,
      "total_employees": 67,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 4362376000.0,
      "total_employees": 70,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 5188569240.0,
      "total_employees": 70,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4251037312.0,
      "total_employees": 73,
      "filing_date": "2025-03-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4802310706.0,
      "total_employees": 73,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 38 to 32.",
        "Regulatory assets under management went from $4,251,037,312 to $4,802,310,706 (+13%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Aviso Wealth",
      "name_as_filed": "AVISO WEALTH",
      "affiliated": false
    },
    {
      "name": "Cidel Trust Company Canada",
      "name_as_filed": "CIDEL TRUST COMPANY CANADA",
      "affiliated": true
    },
    {
      "name": "National Bank Independent Network",
      "name_as_filed": "NATIONAL BANK INDEPENDENT NETWORK",
      "affiliated": false
    },
    {
      "name": "Northern Trust",
      "name_as_filed": "NORTHERN TRUST",
      "affiliated": false
    },
    {
      "name": "Royal Bank of Canada",
      "name_as_filed": "ROYAL BANK OF CANADA",
      "affiliated": false
    },
    {
      "name": "State Street Corporation",
      "name_as_filed": "STATE STREET CORPORATION",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/cidel-asset-management-inc-toronto-ontario-172640.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 788,
      "fewer_than_5": false,
      "raum": 261210561.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 386,
      "fewer_than_5": false,
      "raum": 1197565556.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 78945180.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 3486501.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 204,
      "fewer_than_5": false,
      "raum": 1988467656.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 161,
      "fewer_than_5": false,
      "raum": 1272635252.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172640",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}