# First Avenue Investment Counsel

First Avenue Investment Counsel is a Multi Family Office based in New York, Canada.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** New York, Canada
- **Region:** North America
- **Address:** Toronto, Canada
- **Founded:** 2008
- **Assets under management:** Undisclosed
- **Website:** firstavenuecounsel.com
- **LinkedIn:** https://ca.linkedin.com/company/first-avenue-investment-counsel-inc

## Regulatory record

- **CRD number:** 108260
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-22T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/108260

## About

First Avenue Investment Counsel was established in 2008 by Kash Pashootan. Its wealth originates from Pashootan’s prior career in investment management and advisory. The firm operates as a multi-family office that coordinates discretionary mandates, tax planning, and estate structures for client families. The firm deploys capital through direct co-investments and SPVs, with a primary focus on real estate. Confirmed holdings include mixed-use projects under Emblem Developments in Toronto, Mississauga, Hamilton, and Ottawa. Additional residential assets comprise Arte Residences in Mississauga, 1 Jarvis in Hamilton, Allure Condos in Toronto, The Design District in Hamilton, and Robinson Village in Ottawa. All activity remains within North America. Brian Madden serves as Chief Investment Officer and Leah Boyd as President. The firm maintains membership in the Portfolio Management Association of Canada and the CFA Society Toronto. No dated operational events from the last 24 months appear in available records. Pashootan’s dual role as CEO of both the counsel and Emblem Developments creates a direct link between advisory mandates and operating real-estate vehicles. This structure channels client capital into the same projects the principals control.

## Sectors

- Real Estate

## People

- Leah Boyd — President

## Questions

### Who runs investment decisions at First Avenue Investment Counsel?

Kash Pashootan serves as Founder and CEO. Brian Madden acts as Chief Investment Officer and Leah Boyd as President.

### Does First Avenue Investment Counsel participate in fund commitments or only direct deals?

The firm executes direct co-investments and SPVs, primarily in real estate through Emblem Developments.

### What geographic footprint does First Avenue Investment Counsel maintain?

All disclosed investments are located in Ontario, Canada.

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Last updated: 2026-06-03T20:00:00.000Z

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