Updated:
Canso Investment Counsel
Canso Investment Counsel is an SEC-registered investment adviser in Richmond Hill, Ontario, registered since 2025. The firm manages approximately $44.4 billion...
Canso Investment Counsel
Canso Investment Counsel is an SEC-registered investment adviser in Richmond Hill, Ontario, registered since 2025. The firm manages approximately $44.4 billion in regulatory assets. It has 65 employees and 30 investment advisers.
General information
Firm type
Generalist
Year founded
1997
Location
Region
North America
Country
Canada
City
Richmond Hill, Ontario
Corporate office
100 York Boulevard, Suite 550, Richmond Hill, Ontario, Canada
Additional offices
Montreal, Quebec, Canada
Principals
John Carswell
CFA
Heather Mason-Wood
CFA
Patrick McCalmont
CFA
Shirley Sumsion
CPA, CA
Jeff Carter
CFA
Vivek Verma
CFA
Faye Lee
CFA
Sector focus
Frequently asked questions
Who runs investment decisions at Canso Investment Counsel?
Investment decisions are made by the team of owning professionals listed on the firm's website, including senior members such as John Carswell, Heather Mason-Wood, and Patrick McCalmont — all CFA charterholders. Canso is structured as an employee-owned partnership, meaning the investment decision-makers are also the firm's owners. The firm emphasizes a flat, collaborative culture rather than a star-manager model.
How is Canso Investment Counsel structured?
Canso is a private company owned by its investment professionals. It is not a subsidiary of a bank, an insurance company, or an external parent. This employee-ownership model aligns the principals' wealth with the performance of client portfolios and supports the firm's stated long-term, fashion-agnostic approach to credit investing.
Which regions does Canso Investment Counsel cover?
Canso operates from offices in Richmond Hill, Ontario, and Montreal, Quebec. Its credit mandate is rooted in North American markets, though the firm does not specify whether its research universe extends beyond Canada and the United States.
What is the significance of the firm's name, 'Canso'?
The firm is named after the PBY-5A Canso amphibious aircraft — the Canadian-built variant of the Consolidated Catalina patrol bomber. Canso's founders chose the name to signal the ruggedness, endurance, and flexibility they believe their investment strategies require, particularly when navigating distressed and mispriced credit markets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: