# Lorne Steinberg Wealth Management Inc.

> 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.

- CRD: 290262
- Filed as: LORNE STEINBERG WEALTH MANAGEMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Montreal, Quebec, Canada
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/290262
- AdvisorCensus page: https://advisorcensus.com/firm/lorne-steinberg-wealth-management-inc-montreal-quebec-290262

## Quick answers

**How is Lorne Steinberg Wealth Management Inc. compensated?**
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.

**Where is Lorne Steinberg Wealth Management Inc. located?**
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).

**Is Lorne Steinberg Wealth Management Inc. registered with the SEC or a state?**
Lorne Steinberg Wealth Management Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 290262.

**How much does Lorne Steinberg Wealth Management Inc. manage?**
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).

**How have Lorne Steinberg Wealth Management Inc.'s assets and staff changed since 2021?**
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.

**What types of clients does Lorne Steinberg Wealth Management Inc. serve?**
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).

**Which custodians does Lorne Steinberg Wealth Management Inc. use?**
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.

**Does Lorne Steinberg Wealth Management 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/290262

**What changed in Lorne Steinberg Wealth Management Inc.'s recent Form ADV filings?**
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).

## 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))
- National Bank Independent Network

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: $814,354,377
- Discretionary: $814,354,377
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 740 | $37,327,320 |
| High net worth individuals | 304 | $400,538,451 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $375,994,000 |
| Charitable organizations | Fewer than 5 | $494,606 |

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

### Firm details
- Registered since: 2018 (8 years)
- Employees: 16 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

### Websites listed on Form ADV (Item 1.I)
- steinbergwealth.com
- Facebook @steinbergwealth
- LinkedIn @lorne-steinberg-wealth-management-inc
- X @Steinbergwealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $465,614,000 | 12 | March 31, 2021 |
| October 2022 | $577,713,153 | 12 | April 27, 2022 |
| October 2023 | $489,008,770 | 14 | March 29, 2023 |
| October 2024 | $592,705,945 | 15 | August 24, 2024 |
| October 2025 | $654,135,405 | 16 | March 19, 2025 |
| October 2026 | $814,354,377 | 16 | March 27, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

### January 2026
- No longer registered or notice-filed in FL, MA, NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lorne Steinberg Wealth Management Inc. (CRD 290262): Form ADV filing data as of October 2026.