# Foyston, Gordon & Payne Inc.

> Foyston, Gordon & Payne Inc. is an SEC-registered investment advisory firm in Toronto, Canada, registered since 2002, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 15, 2026.

- CRD: 121591
- Filed as: FOYSTON, GORDON & PAYNE INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Toronto, Canada
- Filing period: October 2026
- Form ADV filing dated: May 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/121591
- AdvisorCensus page: https://advisorcensus.com/firm/foyston-gordon-and-payne-inc-toronto-121591

## Quick answers

**How is Foyston, Gordon & Payne Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Foyston, Gordon & Payne Inc. 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 Foyston, Gordon & Payne Inc. located?**
Foyston, Gordon & Payne Inc.'s principal office is in Toronto, Canada, according to its Form ADV.

**Is Foyston, Gordon & Payne Inc. registered with the SEC or a state?**
Foyston, Gordon & Payne Inc. is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 121591.

**How much does Foyston, Gordon & Payne Inc. manage?**
Foyston, Gordon & Payne Inc. reports $5,957,784,411 in regulatory assets under management in its Form ADV filing dated May 15, 2026 (75% discretionary).

**How have Foyston, Gordon & Payne Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Foyston, Gordon & Payne Inc.: Regulatory assets under management: $6,632,263,023 in the October 2021 data and $5,957,784,411 in the October 2026 data, down 10%. Total employees: 56 in October 2021 and 46 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Foyston, Gordon & Payne Inc. serve?**
By number of clients on Form ADV Item 5.D: other (7,217); high net worth individuals (261); corporations or other businesses not listed above (158).

**Which custodians does Foyston, Gordon & Payne Inc. use?**
Foyston, Gordon & Payne Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon and State Street Bank & Trust Co. as custodians holding 10% or more of its separately managed account assets.

**Does Foyston, Gordon & Payne Inc. 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/121591

**What changed in Foyston, Gordon & Payne Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $4,723,872,549 to $5,957,784,411 (+26%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon
- State Street Bank & Trust Co.

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: $5,957,784,411
- Discretionary: $4,481,080,129
- Non-discretionary: $1,476,704,282

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 261 | $524,557,596 |
| Pooled investment vehicles (other than investment companies and business development companies) | 18 | $318,657,878 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 31 | $1,676,935,846 |
| Charitable organizations | 18 | $161,905,563 |
| State or municipal government entities (including government pension plans) | 3 | $730,044,230 |
| Other investment advisers | 10 | $569,377,007 |
| Insurance companies | 5 | $49,446,496 |
| Corporations or other businesses not listed above | 158 | $429,852,879 |
| Other | 7,217 | $1,497,006,916 |

### 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
- Publication of periodicals or newsletters
- Other

### Firm details
- Registered since: 2002 (23 years)
- Employees: 46 total, 22 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)
- foyston.com
- LinkedIn @foyston-gordon-&-payne-inc-

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,632,263,023 | 56 | April 6, 2021 |
| October 2022 | $4,927,231,205 | 54 | April 1, 2022 |
| October 2023 | $5,075,040,790 | 47 | March 31, 2023 |
| October 2024 | $4,899,420,837 | 47 | August 8, 2024 |
| October 2025 | $4,723,872,549 | 45 | March 31, 2025 |
| October 2026 | $5,957,784,411 | 46 | May 15, 2026 |

Regulatory assets under management: $6,632,263,023 in the October 2021 data and $5,957,784,411 in the October 2026 data, down 10%.
Total employees: 56 in October 2021 and 46 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $4,723,872,549 to $5,957,784,411 (+26%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Foyston, Gordon & Payne Inc. (CRD 121591): Form ADV filing data as of October 2026.