Sprucegrove Investment Management Ltd

RIASEC RegisteredEst. 1994

Total AUM

$11.5B

Discretionary

$11.5B

100% of AUM

Avg account

$339M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Toronto Ontario,
CRD number: 106355
Registered since: March 15, 1994
Website: sprucegrove.com
Custodians: CUSTODY SERVICES, CUSTODY SERVICES, CUSTODY SERVICES
Fee structure: Percentage of AUM, Performance Based Fees
Client types: State / Municipal Government32.65%
Investment Companies32.53%
Pooled Investment Vehicles27.84%
Charitable Organizations5.8%
Pension & Profit Sharing Plans0.91%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Sprucegrove Investment Management Ltd is a corporation that has been SEC-registered since 1994 and is owned by an individual. The firm serves both individual and family clients as well as institutional investors and charges a mix of percentage-of-AUM fees and performance-based fees. Its advisory work focuses on portfolio management across investment companies, pooled vehicles and business or institutional mandates. The firm identifies as an active ESG investor and is not registered as a multi-state adviser. Sprucegrove also undertakes sponsor/GP roles and acts as a managing member of pooled investment vehicles, indicating a hands-on role in structuring and operating some of the pooled strategies it manages.