# Connor Clark & Lunn Investment Management Ltd

> Connor Clark & Lunn Investment Management Ltd is an SEC-registered investment advisory firm in Vancouver, Bc, Canada, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.

- CRD: 107557
- Filed as: CONNOR CLARK & LUNN INVESTMENT MANAGEMENT LTD
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Vancouver, Bc, Canada
- Filing period: October 2026
- Form ADV filing dated: August 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107557
- AdvisorCensus page: https://advisorcensus.com/firm/connor-clark-and-lunn-investment-management-ltd-vancouver-bc-107557

## Quick answers

**How is Connor Clark & Lunn Investment Management Ltd compensated?**
On its Form ADV (Item 5.E, October 2026), Connor Clark & Lunn Investment Management Ltd reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Connor Clark & Lunn Investment Management Ltd located?**
Connor Clark & Lunn Investment Management Ltd's principal office is in Vancouver, Bc, Canada, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Connor Clark & Lunn Investment Management Ltd registered with the SEC or a state?**
Connor Clark & Lunn Investment Management Ltd is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 107557.

**How much does Connor Clark & Lunn Investment Management Ltd manage?**
Connor Clark & Lunn Investment Management Ltd reports $85,592,075,964 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (100% discretionary).

**How have Connor Clark & Lunn Investment Management Ltd's assets and staff changed since 2021?**
In the Form ADV data for Connor Clark & Lunn Investment Management Ltd: Regulatory assets under management: $37,481,910,496 in the October 2021 data and $85,592,075,964 in the October 2026 data, up 128%. Total employees: 105 in October 2021 and 155 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Connor Clark & Lunn Investment Management Ltd serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (91); charitable organizations (33); pooled investment vehicles (other than investment companies and business development companies) (28).

**Which custodians does Connor Clark & Lunn Investment Management Ltd use?**
Connor Clark & Lunn Investment Management Ltd's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists CIBC Mellon, RBC IST and State Street as custodians holding 10% or more of its separately managed account assets.

**Does Connor Clark & Lunn Investment Management Ltd report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107557

**What changed in Connor Clark & Lunn Investment Management Ltd's recent Form ADV filings?**
In the July 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated August 26, 2026)

- Minimum annual fee: None

> There is no minimum annual fee charged.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- CIBC Mellon
- RBC IST
- State Street

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.

### Regulatory assets under management (Item 5.F)
- Total: $85,592,075,964
- Discretionary: $85,592,075,964
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | Fewer than 5 | $40,715,899 |
| Pooled investment vehicles (other than investment companies and business development companies) | 28 | $29,955,951,029 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 91 | $13,504,146,448 |
| Charitable organizations | 33 | $1,596,794,545 |
| State or municipal government entities (including government pension plans) | 23 | $18,303,537,549 |
| Other investment advisers | Fewer than 5 | $5,933,338,510 |
| Insurance companies | 14 | $10,384,158,954 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $4,681,831,243 |
| Corporations or other businesses not listed above | 18 | $1,169,328,391 |
| Other | Fewer than 5 | $22,273,396 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 155 total, 56 performing advisory functions
- Wrap fee program participation: Yes
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107557

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Montreal, Quebec
- Toronto, Ontario

### Websites listed on Form ADV (Item 1.I)
- [cclgroup.com/cclim/en](https://cclgroup.com/cclim/en)
- LinkedIn @connor-clark-&-lunn-investment-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $37,481,910,496 | 105 | June 18, 2021 |
| October 2022 | $43,945,772,824 | 113 | March 31, 2022 |
| October 2023 | $37,233,739,897 | 117 | March 31, 2023 |
| October 2024 | $46,178,079,631 | 138 | March 29, 2024 |
| October 2025 | $49,404,831,309 | 140 | May 28, 2025 |
| October 2026 | $85,592,075,964 | 155 | August 26, 2026 |

Regulatory assets under management: $37,481,910,496 in the October 2021 data and $85,592,075,964 in the October 2026 data, up 128%.
Total employees: 105 in October 2021 and 155 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 50 to 56.
- Regulatory assets under management went from $49,404,831,309 to $85,592,075,964 (+73%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Connor Clark & Lunn Investment Management Ltd (CRD 107557): Form ADV filing data as of October 2026.