{
  "crd_number": 290262,
  "slug": "lorne-steinberg-wealth-management-inc-montreal-quebec-290262",
  "primary_business_name": "LORNE STEINBERG WEALTH MANAGEMENT INC.",
  "legal_name": "LORNE STEINBERG WEALTH MANAGEMENT INC.",
  "dbas": [],
  "city": "Montreal, Quebec",
  "state": null,
  "country": "Canada",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-05-07",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 814354377.0,
  "raum_discretionary": 814354377.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 16,
  "advisory_employees": 11,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 494606.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 37327320.0,
      "count": 740
    },
    "high_net_worth_individuals": {
      "raum": 400538451.0,
      "count": 304
    },
    "pooled_investment_vehicles": {
      "raum": 375994000.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://facebook.com/steinbergwealth",
    "https://linkedin.com/company/lorne-steinberg-wealth-management-inc",
    "https://steinbergwealth.com",
    "https://twitter.com/Steinbergwealth"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/290262",
  "city_as_filed": "MONTREAL, QUEBEC",
  "url": "https://advisorcensus.com/firm/lorne-steinberg-wealth-management-inc-montreal-quebec-290262",
  "display_name": "Lorne Steinberg Wealth Management Inc.",
  "summary": "Lorne Steinberg Wealth Management Inc. is an SEC-registered investment advisory firm in Montreal, Quebec, Canada, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Lorne Steinberg Wealth Management Inc. (CRD 290262): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Lorne Steinberg Wealth Management Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Lorne Steinberg Wealth Management 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."
    },
    {
      "q": "Where is Lorne Steinberg Wealth Management Inc. located?",
      "a": "Lorne Steinberg Wealth Management Inc.'s principal office is in Montreal, Quebec, Canada, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Lorne Steinberg Wealth Management Inc. registered with the SEC or a state?",
      "a": "Lorne Steinberg Wealth Management Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 290262."
    },
    {
      "q": "How much does Lorne Steinberg Wealth Management Inc. manage?",
      "a": "Lorne Steinberg Wealth Management Inc. reports $814,354,377 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Lorne Steinberg Wealth Management Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Lorne Steinberg Wealth Management Inc.: Regulatory assets under management: $465,614,000 in the October 2021 data and $814,354,377 in the October 2026 data, up 75%. Total employees: 12 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Lorne Steinberg Wealth Management Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (740); high net worth individuals (304); pooled investment vehicles (other than investment companies and business development companies) (3)."
    },
    {
      "q": "Which custodians does Lorne Steinberg Wealth Management Inc. use?",
      "a": "Lorne Steinberg Wealth Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Bank Independent Network as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Lorne Steinberg Wealth 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/290262"
    },
    {
      "q": "What changed in Lorne Steinberg Wealth Management Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $654,135,405 to $814,354,377 (+24%). Employees performing advisory functions went from 12 to 11. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 465614000.0,
      "total_employees": 12,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 577713153.0,
      "total_employees": 12,
      "filing_date": "2022-04-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 489008770.0,
      "total_employees": 14,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 592705945.0,
      "total_employees": 15,
      "filing_date": "2024-08-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 654135405.0,
      "total_employees": 16,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 814354377.0,
      "total_employees": 16,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $654,135,405 to $814,354,377 (+24%).",
        "Employees performing advisory functions went from 12 to 11.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in FL, MA, NY."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "National Bank Independent Network",
      "name_as_filed": "NATIONAL BANK INDEPENDENT NETWORK",
      "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/lorne-steinberg-wealth-management-inc-montreal-quebec-290262.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 740,
      "fewer_than_5": false,
      "raum": 37327320.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 304,
      "fewer_than_5": false,
      "raum": 400538451.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 375994000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 494606.0
    }
  ],
  "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/290262",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}