Cumberland Investment Counsel Inc.

RIASEC RegisteredEst. 1992

Total AUM

$1.4B

Discretionary

$1.4B

100% of AUM

Avg account

$29.3M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Toronto Ontario,
CRD number: 110887
Registered since: April 28, 1992
Website: cumberlandcounsel.com
Custodians: NATIONAL BANK FINANCIAL INC., CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Pooled Investment Vehicles94.48%
Individuals2.76%
HNWI2.25%
Corporations / Businesses0.27%
Charitable Organizations0.23%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Cumberland Investment Counsel Inc. is a corporate RIA that has been SEC-registered since 1992 and serves both high-net-worth individuals/families and institutional clients. The firm’s advisory remit covers discretionary portfolio management across individual and pooled accounts as well as management for businesses and institutions. Cumberland operates under a fee model that combines a percentage-of-AUM structure with performance-based fees, and it acts in sponsor/GP roles for pooled investment vehicles, indicating an active role in structuring and managing private investment vehicles in addition to standard advisory mandates. Investment activity tilts toward public equities: their filings show a clear preference for exchange-traded instruments within separately managed account (SMA) assets. Cumberland does not identify as an active ESG investor. The firm is not classified as a multi-state adviser and does not register itself as a pension consultant. Its corporate ownership shows a mix of foreign-entity and individual ownership.