{
  "crd_number": 297314,
  "slug": "wellington-altus-usa-inc-winnipeg-manitoba-297314",
  "primary_business_name": "WELLINGTON-ALTUS USA INC.",
  "legal_name": "WELLINGTON-ALTUS USA INC.",
  "dbas": [],
  "city": "Winnipeg, Manitoba",
  "state": null,
  "country": "Canada",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-07-31",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-06-29",
  "carried_forward": false,
  "raum_total": 146247096.0,
  "raum_discretionary": 146247096.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 59,
  "advisory_employees": 59,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 40412761.0,
      "count": 197
    },
    "high_net_worth_individuals": {
      "raum": 105834335.0,
      "count": 36
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AZ",
    "CA",
    "FL",
    "LA",
    "MI",
    "NE",
    "NH",
    "OH",
    "TN",
    "TX",
    "WA"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297314",
  "city_as_filed": "WINNIPEG, MANITOBA",
  "url": "https://advisorcensus.com/firm/wellington-altus-usa-inc-winnipeg-manitoba-297314",
  "display_name": "Wellington-Altus USA Inc.",
  "summary": "Wellington-Altus USA Inc. is an SEC-registered investment advisory firm in Winnipeg, Manitoba, Canada, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 29, 2026.",
  "citation": "AdvisorCensus. Wellington-Altus USA Inc. (CRD 297314): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Wellington-Altus USA Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Wellington-Altus USA Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Wellington-Altus USA Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated February 9, 2026 states: Asset-based fee: 0.25% to 2.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Wellington-Altus USA Inc. located?",
      "a": "Wellington-Altus USA Inc.'s principal office is in Winnipeg, Manitoba, Canada, according to its Form ADV; the July 2026 filing also lists 14 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Wellington-Altus USA Inc. registered with the SEC or a state?",
      "a": "Wellington-Altus USA Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297314."
    },
    {
      "q": "How much does Wellington-Altus USA Inc. manage?",
      "a": "Wellington-Altus USA Inc. reports $146,247,096 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have Wellington-Altus USA Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Wellington-Altus USA Inc.: Regulatory assets under management: $7,147,001 in the October 2021 data and $146,247,096 in the October 2026 data, up 1946%. Total employees: 120 in October 2021 and 59 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Wellington-Altus USA Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (197); high net worth individuals (36)."
    },
    {
      "q": "Which custodians does Wellington-Altus USA Inc. use?",
      "a": "Wellington-Altus USA Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Wellington-Altus USA 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/297314"
    },
    {
      "q": "Does Wellington-Altus USA Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 9, 2026 says: \"Clients must typically place a minimum of $100,000 in assets under WA (USA)’s management, but this may be waived at WA (USA)’s discretion.\""
    },
    {
      "q": "What changed in Wellington-Altus USA Inc.'s recent Form ADV filings?",
      "a": "In the July 2026 filing data: Employees performing advisory functions went from 58 to 59."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 7147001.0,
      "total_employees": 120,
      "filing_date": "2021-06-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 21475403.0,
      "total_employees": 62,
      "filing_date": "2022-06-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 35622710.0,
      "total_employees": 42,
      "filing_date": "2023-03-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 84084423.0,
      "total_employees": 51,
      "filing_date": "2024-08-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 126885263.0,
      "total_employees": 72,
      "filing_date": "2025-07-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 146247096.0,
      "total_employees": 59,
      "filing_date": "2026-06-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 58 to 59."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 69 to 58.",
        "Regulatory assets under management went from $126,885,263 to $146,247,096 (+15%).",
        "Changed its office addresses in Calgary, Alberta.",
        "No longer lists an office in Brandon, Manitoba.",
        "No longer lists an office in Cranbrook, British Columbia.",
        "No longer lists an office in Dartmouth, Nova Scotia.",
        "No longer lists an office in Kanata.",
        "No longer lists an office in Lethbridge, Alberta.",
        "No longer lists an office in Moncton, Nb.",
        "No longer lists an office in North York, Ontario.",
        "No longer lists an office in Pointe-Claire, Quebec.",
        "No longer lists an office in Saskatoon, Saskatchewan.",
        "No longer lists an office in Squamish, British Columbia.",
        "No longer lists an office in Thunder Bay.",
        "No longer lists an office in Victoria.",
        "No longer lists an office in Winnipeg, Manitoba.",
        "Registered or notice-filed in AZ, OH.",
        "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 CO."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in NE, TN."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 9, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.25% to 2.75% a year",
    "stated_maximum": null,
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.25% to 2.75% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The annual fee varies (between 0.25% and 2.75%) depending upon the market value of the assets under management, the client and the type of investment management services to be rendered, negotiations between WA (USA) and various other factors."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Clients must typically place a minimum of $100,000 in assets under WA (USA)’s management, but this may be waived at WA (USA)’s discretion."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.25,
        2.75
      ],
      "max_pct": null,
      "account_minimum": 100000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The annual fee varies (between 0.25% and 2.75%) depending upon the market value of the assets under management, the client and the type of investment management services to be rendered, negotiations between WA (USA) and various other factors.",
      "Clients must typically place a minimum of $100,000 in assets under WA (USA)’s management, but this may be waived at WA (USA)’s discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "RBC Capital Markets, LLC",
      "name_as_filed": "RBC CAPITAL MARKETS, LLC",
      "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/wellington-altus-usa-inc-winnipeg-manitoba-297314.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 197,
      "fewer_than_5": false,
      "raum": 40412761.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 36,
      "fewer_than_5": false,
      "raum": 105834335.0
    }
  ],
  "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/297314",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}