Silver Heights Capital Management Inc. (Toronto)

Name: Silver Heights Capital Management Inc.
Address: 333 Bay Street, Toronto, M5 H 2 R2
Telephone: 416-342-5624

Silver Heights Capital Management Inc. is a large advisory firm based in Toronto. It manages $298.61 million of regulatory assets for 84 client accounts. It has been registered with the SEC as an adviser since 2016.

Silver Heights Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Silver Heights Capital Management: assets under management

The assets under management (AUM) of Silver Heights Capital Management Inc. is $298.61 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 33% since the beginning of its operation, and $296.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $298.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.55 million each.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Silver Heights Capital Management Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lung Ming Lam serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Lung Ming Lam is high net worth individuals with 63 clients and $156.66 million of assets under management. Among the 8 most similar advisory firms, Silver Heights Capital Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $198.66 million for 79 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.

Silver Heights Capital Management doesn't advise any private funds.

Careers at Silver Heights Capital Management Inc.

The company employs 7 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Lung Ming Lam has been acting as President since 1 Aug 2006. Kevin Erich Kuebler joined the executive team most recently as the Secretary/Treasurer, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Erich Kuebler	Secretary/treasurer, chief compliance officer	1 Aug 2006	Other	6687903
Lung Ming Lam	President	1 Aug 2006	Other	6687907
Chawinkie Poo Enterprises Ltd.	Shareholder	1 Aug 2006	50% - 75%	001
Zarmurknux Creations Inc.	Shareholder	1 Aug 2006	50% - 75%	002

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Erich Kuebler	President & sole owner	1 Jul 2006	75% - 100%	6687903
Lung Ming Lam	President & sole owner	1 Jul 2006	75% - 100%	6687907

Based in Toronto

The principal office where Silver Heights Capital Management Inc. performs its advisory services is located at 333 Bay Street, Toronto, M5 H 2 R2, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-342-5624 or by fax 416-775-3611. The normal business hours are 9am - 5 pm on Monday - Friday. You can find more information about the New York firm at silverheights.com.