# Mount Murray Investment Inc.

> Mount Murray Investment Inc. is an SEC-registered investment advisory firm in Montreal, Quebec, Canada, registered since 2023, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 322643
- Filed as: MOUNT MURRAY INVESTMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Montreal, Quebec, Canada
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322643
- AdvisorCensus page: https://advisorcensus.com/firm/mount-murray-investment-inc-montreal-quebec-322643

## Quick answers

**How is Mount Murray Investment Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Mount Murray Investment 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 Mount Murray Investment Inc. located?**
Mount Murray Investment Inc.'s principal office is in Montreal, Quebec, Canada, according to its Form ADV.

**Is Mount Murray Investment Inc. registered with the SEC or a state?**
Mount Murray Investment Inc. is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 322643.

**How much does Mount Murray Investment Inc. manage?**
Mount Murray Investment Inc. reports $28,180,459 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Mount Murray Investment Inc.'s assets and staff changed since 2023?**
In the Form ADV data for Mount Murray Investment Inc.: Regulatory assets under management: $34,250,000 in the October 2023 data and $28,180,459 in the October 2026 data, down 18%. Total employees: 7 in October 2023 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mount Murray Investment Inc. serve?**
By number of clients on Form ADV Item 5.D: other (4); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Which custodians does Mount Murray Investment Inc. use?**
Mount Murray Investment Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers and Northern Trust as custodians holding 10% or more of its separately managed account assets.

**Does Mount Murray Investment 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/322643

**What changed in Mount Murray Investment Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $22,301,703 to $28,180,459 (+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))
- Interactive Brokers
- Northern Trust

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: $28,180,459
- Discretionary: $28,180,459
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $21,322,191 |
| Other | 4 | $6,858,268 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2023 (3 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mountmurrayinvestment.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $34,250,000 | 7 | March 10, 2023 |
| October 2024 | $45,778,000 | 4 | July 23, 2024 |
| October 2025 | $22,301,703 | 4 | March 28, 2025 |
| October 2026 | $28,180,459 | 4 | March 25, 2026 |

Regulatory assets under management: $34,250,000 in the October 2023 data and $28,180,459 in the October 2026 data, down 18%.
Total employees: 7 in October 2023 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $22,301,703 to $28,180,459 (+26%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mount Murray Investment Inc. (CRD 322643): Form ADV filing data as of October 2026.