{
  "crd_number": 304577,
  "slug": "triasima-portfolio-management-inc-montreal-quebec-304577",
  "primary_business_name": "TRIASIMA PORTFOLIO MANAGEMENT INC.",
  "legal_name": "TRIASIMA PORTFOLIO MANAGEMENT INC.",
  "dbas": [],
  "city": "Montreal, Quebec",
  "state": null,
  "country": "Canada",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-09-23",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 1105259278.0,
  "raum_discretionary": 1105259278.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 24,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 6465764.0,
      "count": null,
      "description": "TRUST FUNDS, MODELS",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 22185262.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 8510136.0,
      "count": 14
    },
    "banking_thrift": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 96880753.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 214675165.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 5608996.0,
      "count": null,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 58797919.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 99533054.0,
      "count": 25
    },
    "pooled_investment_vehicles": {
      "raum": 539974067.0,
      "count": 5
    },
    "corporations_other_businesses": {
      "raum": 52628162.0,
      "count": 12
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://ca.linkedin.com/company/triasima-portfolio-management",
    "https://triasima.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304577",
  "city_as_filed": "MONTREAL, QUEBEC",
  "url": "https://advisorcensus.com/firm/triasima-portfolio-management-inc-montreal-quebec-304577",
  "display_name": "Triasima Portfolio Management Inc.",
  "summary": "Triasima Portfolio Management Inc. is an SEC-registered investment advisory firm in Montreal, Quebec, Canada, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. Triasima Portfolio Management Inc. (CRD 304577): 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": [
    "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 Triasima Portfolio Management Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Triasima Portfolio Management Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Triasima Portfolio Management Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 states: Up to $2,000,000: 0.85% a year; $2,000,000 to $5,000,000: 0.65% a year; $5,000,000 to $10,000,000: 0.55% a year; Above $10,000,000: 0.45% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Triasima Portfolio Management Inc. located?",
      "a": "Triasima Portfolio Management Inc.'s principal office is in Montreal, Quebec, Canada, according to its Form ADV."
    },
    {
      "q": "Is Triasima Portfolio Management Inc. registered with the SEC or a state?",
      "a": "Triasima Portfolio Management Inc. is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 304577."
    },
    {
      "q": "How much does Triasima Portfolio Management Inc. manage?",
      "a": "Triasima Portfolio Management Inc. reports $1,105,259,278 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Triasima Portfolio Management Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Triasima Portfolio Management Inc.: Regulatory assets under management: $3,275,364,477 in the October 2021 data and $1,105,259,278 in the October 2026 data, down 66%. Total employees: 28 in October 2021 and 24 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Triasima Portfolio Management Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (25); individuals (other than high net worth individuals) (14); corporations or other businesses not listed above (12)."
    },
    {
      "q": "Which custodians does Triasima Portfolio Management Inc. use?",
      "a": "Triasima Portfolio Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Investor & Treasury Services as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Triasima Portfolio 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/304577"
    },
    {
      "q": "Does Triasima Portfolio Management Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"Triasima also does not require clients to maintain a minimum account size.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3275364477.0,
      "total_employees": 28,
      "filing_date": "2021-03-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3732976462.0,
      "total_employees": 28,
      "filing_date": "2022-04-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2516772419.0,
      "total_employees": 27,
      "filing_date": "2023-03-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2069571459.0,
      "total_employees": 25,
      "filing_date": "2024-03-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1032804274.0,
      "total_employees": 25,
      "filing_date": "2025-03-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1105259278.0,
      "total_employees": 24,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $2,000,000",
        "rate": "0.85%"
      },
      {
        "band": "$2,000,000 to $5,000,000",
        "rate": "0.65%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.55%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.45%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$12,500",
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $2,000,000: 0.85% a year",
          "$2,000,000 to $5,000,000: 0.65% a year",
          "$5,000,000 to $10,000,000: 0.55% a year",
          "Above $10,000,000: 0.45% a year"
        ],
        "quotes": [
          "The annual investment management fees for accounts invested in segregated securities are as follow: First $2M 0.85% Next $3M 0.65% Next $5M 0.55% Over $10M 0.45%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Triasima also does not require clients to maintain a minimum account size."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $12,500"
        ],
        "quotes": [
          "Minimum annual fees are: • $12,500 for segregated accounts"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 2000000.0,
          "rate_pct": 0.85
        },
        {
          "min": 2000000.0,
          "max": 5000000.0,
          "rate_pct": 0.65
        },
        {
          "min": 5000000.0,
          "max": 10000000.0,
          "rate_pct": 0.55
        },
        {
          "min": 10000000.0,
          "max": null,
          "rate_pct": 0.45
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": 12500.0,
      "planning": []
    },
    "quotes": [
      "The annual investment management fees for accounts invested in segregated securities are as follow: First $2M 0.85% Next $3M 0.65% Next $5M 0.55% Over $10M 0.45%",
      "Triasima also does not require clients to maintain a minimum account size.",
      "Minimum annual fees are: • $12,500 for segregated accounts"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "RBC Investor & Treasury Services",
      "name_as_filed": "RBC INVESTOR & TREASURY SERVICES",
      "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/triasima-portfolio-management-inc-montreal-quebec-304577.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 14,
      "fewer_than_5": false,
      "raum": 8510136.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 25,
      "fewer_than_5": false,
      "raum": 99533054.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 539974067.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 5608996.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 22185262.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 96880753.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 58797919.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 214675165.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 12,
      "fewer_than_5": false,
      "raum": 52628162.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 6465764.0
    }
  ],
  "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/304577",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}