{
  "crd_number": 109439,
  "slug": "cougar-global-investments-toronto-109439",
  "primary_business_name": "COUGAR GLOBAL INVESTMENTS",
  "legal_name": "COUGAR GLOBAL INVESTMENTS LIMITED",
  "dbas": [],
  "city": "Toronto",
  "state": null,
  "country": "Canada",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1998-04-09",
  "years_registered": 28,
  "period": "2026-10-01",
  "filing_date": "2025-12-15",
  "carried_forward": false,
  "raum_total": 1511051757.0,
  "raum_discretionary": 113355.0,
  "raum_non_discretionary": 1510938402.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 1510938402.0,
      "count": 8629,
      "description": "WRAP"
    },
    "charitable": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": 113355.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": null,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": null,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 6,
  "states_registered": [
    "FL"
  ],
  "websites": [
    "https://ca.linkedin.com/COMPANY/COUGAR-GLOBAL-INVESTMENTS-LP",
    "https://carillontower.com",
    "https://cougarglobal.com",
    "https://rjinvestmentmanagement.com",
    "https://twitter.com/CougarGlobal"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109439",
  "disclosure_items": [
    {
      "item": "11.C(1)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(2)",
      "question": "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?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "TORONTO",
  "url": "https://advisorcensus.com/firm/cougar-global-investments-toronto-109439",
  "display_name": "Cougar Global Investments",
  "summary": "Cougar Global Investments is an SEC-registered investment advisory firm in Toronto, Canada, registered since 1998, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated December 15, 2025.",
  "citation": "AdvisorCensus. Cougar Global Investments (CRD 109439): 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 businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Cougar Global Investments compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cougar Global Investments 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 Cougar Global Investments located?",
      "a": "Cougar Global Investments' principal office is in Toronto, Canada, according to its Form ADV."
    },
    {
      "q": "Is Cougar Global Investments registered with the SEC or a state?",
      "a": "Cougar Global Investments is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 109439."
    },
    {
      "q": "How much does Cougar Global Investments manage?",
      "a": "Cougar Global Investments reports $1,511,051,757 in regulatory assets under management in its Form ADV filing dated December 15, 2025 (0% discretionary)."
    },
    {
      "q": "How have Cougar Global Investments' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cougar Global Investments: Regulatory assets under management: $1,325,477,732 in the October 2021 data and $1,511,051,757 in the October 2026 data, up 14%. Total employees: 9 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cougar Global Investments serve?",
      "a": "By number of clients on Form ADV Item 5.D: other (8,629); investment companies (1)."
    },
    {
      "q": "Which custodians does Cougar Global Investments use?",
      "a": "Cougar Global Investments' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James and Associates (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cougar Global Investments report any disciplinary disclosures?",
      "a": "Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(2) (another regulator's finding of a violation), and 11.E(2) (self-regulatory organization's finding of a rule 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/109439"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1325477732.0,
      "total_employees": 9,
      "filing_date": "2021-07-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1465157233.0,
      "total_employees": 3,
      "filing_date": "2022-08-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1357196497.0,
      "total_employees": 3,
      "filing_date": "2022-12-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1399844844.0,
      "total_employees": 3,
      "filing_date": "2023-12-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1466451244.0,
      "total_employees": 3,
      "filing_date": "2024-12-13"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1511051757.0,
      "total_employees": 3,
      "filing_date": "2025-12-15"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Raymond James and Associates",
      "name_as_filed": "RAYMOND JAMES AND ASSOCIATES",
      "affiliated": true
    }
  ],
  "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/cougar-global-investments-toronto-109439.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 113355.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other",
      "label": "Other",
      "count": 8629,
      "fewer_than_5": false,
      "raum": 1510938402.0
    }
  ],
  "disclosure_line": "Reports 6 disclosure items on Form ADV Item 11.",
  "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/109439",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}